Item 5.07. Submission of Matters to a Vote of Security Holders.

On April 30, 2021, First Business Financial Services, Inc. (the "Company") held its Annual Meeting of Shareholders (the "Annual Meeting") to: (1) elect four Class II directors to hold office until the 2024 annual meeting of shareholders and until their successors are duly elected and qualified; (2) act upon a proposal to approve the amendment to the 2019 First Business Financial Services, Inc. Equity Incentive Plan; (3) approve, in a non-binding, advisory vote, the compensation of the Company's named executive officers; and (4) to ratify the appointment of Crowe LLP as the Company's independent registered public accounting firm for the year ending December 31, 2021.

Of the aggregate 8,640,143 shares of the Company's common stock issued and outstanding as of the close of business on the record date, February 26, 2021, 6,710,506 shares or 78% were represented in person or by proxy at the Annual Meeting.

At the Annual Meeting, the Company's shareholders voted as follows:

(1) Election of the below-named nominees to the Board of Directors of the Company (the "Board"):



Nominees             Votes For   Votes Withheld    Broker Non-Votes
Laurie S. Benson     5,860,219   196,280           654,007
Mark D. Bugher       5,856,372   200,127           654,007
Corey A. Chambas     5,890,031   166,467           654,007
John J. Harris       5,908,897   147,602           654,007

The four nominees listed above were elected by a plurality to serve on the Board. Further, each nominee received in excess of 96% of the shares voted in favor of their election.



(2)  Approval of the amendment to the 2019 First Business Financial Services,
Inc. Equity Incentive Plan.

Votes For   Votes Against     Abstentions    Broker Non-Votes
5,649,877   386,590           20,032         654,007

This matter was approved by shareholders with 93% of shares voted cast in favor of the proposal.

(3) Approval in a non-binding, advisory vote, of the compensation of the Company's named executive officers.



Votes For   Votes Against     Abstentions    Broker Non-Votes
5,399,164   278,574           378,761        654,007

This matter was approved by shareholders with 89% of shares voted cast in favor of the proposal.

(4) Ratification of the appointment of Crowe LLP as the independent registered public accounting firm for the Company for the year ending December 31, 2021.



Votes For   Votes Against     Abstentions    Broker Non-Votes
6,572,677   127,453           10,376         0

This matter was approved by shareholders with 98% of shares voted cast in favor of the proposal.

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Item 9.01.  Financial Statements and Exhibits.
(a)   Not applicable

(b)   Not applicable

(c)   Not applicable

(d) Exhibits. The following exhibit is being furnished herewith:



99.1             Amendment to the First Business Financial Services, Inc. 2019 Equity
               Incentive Plan (incorporated by reference to Appendix A to the Company's
               Definitive Proxy Statement filed with the Securities and Exchange Commission on
               Schedule 14A on March 9, 2021 (File No. 001-34095)).
99.2             Slides from the 2021 Annual Meeting of Shareholders.

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                                   Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

May 4, 2021           FIRST BUSINESS FINANCIAL SERVICES, INC.

                         By:                                 /s/ Barbara M. Conley
                         Name:                               Barbara M. Conley
                         Title:                              General Counsel

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