On May 31, 2023, AmeriServ Financial Inc announced that at its annual meeting of shareholders held on May 26, 2023, shareholders of the Company approved the nomination of Richard W. Bloomingdale, David J. Hickton, Daniel A. Onorato, a Company proposal to an advisory vote to approve the compensation of the named executive officers of the Company and did not approve the Company proposal to approval and adoption of an amendment to the Company?s Amended and Restated Articles of Incorporation to eliminate the ability to exercise cumulative voting in director elections. In addition, the Company stated that it had notified Driver that the purported nomination notice was invalid due to its failure to comply with the Company?s bylaws as a result of certain material omissions and other material deficiencies, and as disclosed in the Company?s proxy statement for the Annual Meeting, proxies submitted to the Driver Group and voted in favor of the purported Driver nominees were not recognized or tabulated at the Annual Meeting.