Item 5.07 Submission of Matters to a Vote of Security Holders

The Company held its 2023 Annual Meeting of Shareholders (Meeting) on May 25, 2023, at La Cumbre Country Club, 4015 Via Laguna, Santa Barbara, CA 93110. There were issued and outstanding and entitled to vote at the Annual Meeting 8,835,143 shares of common stock. Represented in person or by proxy, were 5,974,211 shares of common stock of the Company. The matters set forth below were voted upon:

Proposal No. 1 - Election of Directors

The election of thirteen nominees for the Board of Directors who will serve for a one-year term was voted on by the shareholders. The Inspector of Elections certified the following vote tabulations for the nominees, all of whom were elected:



                                Votes      Non
                     Votes For Withheld   Votes

Martin P. Alwin      4,867,974   76,334 1,029,903
Robert H. Bartlein   4,768,766  175,542 1,029,903
Dana L. Boutain      4,923,283   21,025 1,029,903
Suzanne M. Chadwick  4,901,615   42,693 1,029,903
Tom L. Dobyns        4,495,404  448,904 1,029,903
John D. Illgen       4,843,994  100,314 1,029,903
James W. Lokey       4,874,021   70,287 1,029,903
Shereef Moharram     4,928,727   15,581 1,029,903
William R. Peeples   4,497,269  447,039 1,029,903
Martin E. Plourd     4,928,528   15,780 1,029,903
Christopher R. Raffo 4,923,284   21,024 1,029,903
Kirk B. Stovesand    4,928,728   15,580 1,029,903
Celina L. Zacarias   4,902,415   41,893 1,029,903

Proposal No. 2 - Ratification of the Company's Independent Auditors

The Inspector of Elections certified the following vote tabulations for the proposal to ratify the selection of RSM US LLP, which passed with more than the required number of "for" votes:

Votes For Votes Against Abstain Non-Votes

5,971,181 12 3,018 0

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