On March 20, 2024, Peoples Financial Corporation filed a definitive proxy statement soliciting proxies and urged the shareholders to vote for the election of its 6 nominees, Ronald G. Barnes, Padrick D. Dennis, Jeffrey H. O ? Keefe, Paige Reed Riley, George J. Sliman, and Chevis C. Swetman, as directors of the Company. The Company stated that it opposes Stilwell Value LLC?s nominee, Stewart F. Peck, and urges shareholders not to sign or return any proxy card sent by Stilwell Value LLC at the Company?s annual shareholders meeting scheduled to be held on April 24, 2024.