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Business First Bancshares, Inc. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and Business First Bancshares, Inc.’s Form 8-K (Item 5.07 on EDGAR). Page generated 02 October 2026.

22Reported items
179Asset managers
3,547Fund votes
2025-05-22Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore Business First Bancshares, Inc. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by Business First Bancshares, Inc.

These tallies are Business First Bancshares, Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

Business First Bancshares, Inc. — official shareholder meeting results, meeting held 2025-05-22
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Carol M. Calkins	15,023,861	273,516	116,654	--	5,165,400	Majority: yes
Elect Director: Ricky D. Day	14,774,800	522,581	116,650	--	5,165,400	Majority: yes
Elect Director: John P. Ducrest	15,040,156	257,225	116,650	--	5,165,400	Majority: yes
Elect Director: Mark P. Folse	15,033,362	264,319	116,350	--	5,165,400	Majority: yes
Elect Director: Zeenat Sidi	15,057,607	236,753	119,671	--	5,165,400	Majority: yes
Elect Director: J. Vernon Johnson	15,058,993	238,388	116,650	--	5,165,400	Majority: yes
Elect Director: Rolfe H. McCollister, Jr.	14,401,683	900,998	111,350	--	5,165,400	Majority: yes
Elect Director: William G. Hall	15,072,150	224,731	117,150	--	5,165,400	Majority: yes
Elect Director: David R. Melville, III	14,969,492	333,728	110,811	--	5,165,400	Majority: yes
Elect Director: Patrick E. Mockler	14,890,795	406,886	116,530	--	5,165,400	Majority: yes
Elect Director: David A. Montgomery, Jr.	14,709,204	593,177	111,650	--	5,165,400	Majority: yes
Elect Director: Arthur J. Price	15,015,020	282,361	116,650	--	5,165,400	Majority: yes
Elect Director: Aimee Quirk	15,046,860	250,521	116,650	--	5,165,400	Majority: yes
Elect Director: Alejandro Sanchez	15,012,038	285,339	116,654	--	5,165,400	Majority: yes
Elect Director: Keith A. Tillage	14,729,543	468,245	216,243	--	5,165,400	Majority: yes
Elect Director: Steven G. White	14,474,950	827,431	111,650	--	5,165,400	Majority: yes
Proposal 2: The shareholders of Business First approved, on a non-binding advisory basis, the compensation of Business First's named executive officers by the vote set forth in the table below:	14,283,462	1,075,794	54,775	--	5,165,400	Majority: yes
Proposal 3: The shareholders of Business First ratified the appointment of Forvis Mazars, LLP, as Business First's independent registered public accounting firm for the year ending December 31, 2025 by the vote set forth in the table below:	20,401,867	159,477	18,087	--	--	Majority: yes

Source: Business First Bancshares, Inc., Form 8-K — read the filing on EDGAR.

How asset managers voted at the Business First Bancshares, Inc. 2024-2025 meeting

Each item below shows how the 179 asset managers that disclosed a Business First Bancshares, Inc. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Business First Bancshares, Inc.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. To approve, on a non-binding, advisory basis, the compensation of the Company's NEOS (the "Say-on-Pay Proposal"); and

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-05-22.

Combines 3 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%7%

FOR: 14,283,462AGAINST: 1,075,794

Business First Bancshares, Inc.’s own tally for this item (“Proposal 2: The shareholders of Business First approved, on a non-binding advisory basis, the compensation of Business First's named executive officers by the vote set forth in the table below:”): 14,283,462 for, 1,075,794 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 29,572,297 outstanding shares: 48.3% for, 4% against (51.9% of the company cast a for/against vote).

The 105 asset managers below cast 87% of the shares they voted on this item FOR (8,787,202 for, 1,276,241 against).

FOR 87%13%

FOR: 8,787,202 (87.3%)AGAINST: 1,276,241 (12.7%)

Largest asset managers voting on “To approve, on a non-binding, advisory basis, the compensation of the Company's NEOS (the "Say-on-Pay Proposal” at Business First Bancshares, Inc., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,633,725	0	For
American Century	0	1,206,412	Against
Dimensional	856,661	0	For
Janus Henderson	719,856	0	For
JANUS INVESTMENT FUND	684,700	0	For
GEODE CAPITAL MANAGEMENT, LLC	613,033	0	For
Fidelity	551,804	0	For
State Street	519,597	0	For
Royce	519,120	0	For
John Hancock	457,548	0	For
Putnam	403,464	0	For
RMB INVESTORS TRUST	250,000	0	For
Ranger Investment Management, L.P.	192,135	0	For
AllianceBernstein	108,578	0	For
BRIDGEWAY FUNDS INC	85,800	0	For
MELLON INVESTMENTS Corp	85,497	0	For
Thrivent	67,819	0	For
Victory Capital	63,552	0	For
Equitable	63,487	0	For
Nuveen	61,205	0	For
TIAA	59,080	0	For
Connor, Clark & Lunn Investment Management Ltd.	54,565	0	For
Invesco	49,988	0	For
Lincoln Financial	45,200	0	For
WisdomTree	43,583	0	For

Showing the 25 largest of 105 asset managers. See all 105 in the interactive database.

2. To approve, on a non-binding, advisory basis, the compensation of the Company's NEOs (the "Say-on-Pay Proposal").

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-05-22.

Combines 4 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%7%

FOR: 14,283,462AGAINST: 1,075,794

The 67 asset managers below cast 98% of the shares they voted on this item FOR (4,360,117 for, 88,606 against).

FOR 97%

FOR: 4,360,117 (97.2%)AGAINST: 88,606 (2.0%)ABSTAIN: 36,286 (0.8%)NOT VOTED: 1,624 (0.0%)

Largest asset managers voting on “To approve, on a non-binding, advisory basis, the compensation of the Company's NEOs (the "Say-on-Pay Proposal” at Business First Bancshares, Inc., 2024-2025
Asset manager	For	Against	Abstain	Vote
BlackRock	2,098,542	0	0	For
Charles Schwab	432,876	0	0	For
John Hancock	417,463	0	0	For
Russell Investments	305,028	0	0	For
Northern Trust	202,760	0	0	For
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	140,846	0	0	For
JPMorgan	105,146	0	0	For
SEI	98,044	0	0	For
EA Series Trust	0	85,321	0	Against
BASSWOOD CAPITAL MANAGEMENT, L.L.C.	76,674	0	0	For
Polaris Capital Management, LLC	65,000	0	0	For
GRIES FINANCIAL LLC	54,565	0	0	For
QUANTITATIVE MASTER SERIES LLC	41,504	0	0	For
Gator Capital Management, LLC	36,056	0	0	For
Argent Advisors, Inc.	33,725	0	0	For
Pacific Ridge Capital Partners, LLC	0	0	33,695	Abstain
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	32,164	0	0	For
MACKENZIE FINANCIAL CORP	23,286	0	0	For
WASHINGTON STATE INVESTMENT BOARD	20,804	0	0	For
Rodgers Brothers Inc.	16,500	0	0	For
RBB FUND, INC.	15,495	0	0	For
STERLING CAPITAL FUNDS	15,053	0	0	For
Sterling Capital Management LLC	15,053	0	0	For
Global X	14,343	0	0	For
Bridge Builder Trust	11,834	0	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

3. To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meeting of shareholders or until their successors are duly elected and qualified: Aimee Quirk

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-22.

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 15,046,860AGAINST: 250,521

Business First Bancshares, Inc.’s own tally for this item (“Elect Director: Aimee Quirk”): 15,046,860 for, 250,521 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 29,572,297 outstanding shares: 50.9% for, 0.9% against (51.7% of the company cast a for/against vote).

The 62 asset managers below cast 97% of the shares they voted on this item FOR (7,578,690 for, 201,700 against).

FOR 97%

FOR: 7,578,690 (97.4%)AGAINST: 201,700 (2.6%)

Largest asset managers voting on “To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meetin” at Business First Bancshares, Inc., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,572,357	0	For
BlackRock	1,107,656	0	For
Dimensional	759,534	0	For
JANUS INVESTMENT FUND	684,700	0	For
American Century	595,930	0	For
Fidelity	550,250	0	For
John Hancock	417,463	0	For
Royce	274,071	0	For
RMB INVESTORS TRUST	250,000	0	For
Charles Schwab	216,438	0	For
Putnam	0	201,700	Against
Russell Investments	103,799	0	For
JPMorgan	101,546	0	For
BRIDGEWAY FUNDS INC	85,800	0	For
EA Series Trust	85,321	0	For
Equitable	63,487	0	For
TIAA	59,080	0	For
SEI	48,530	0	For
Lincoln Financial	45,200	0	For
WisdomTree	43,583	0	For
QUANTITATIVE MASTER SERIES LLC	41,504	0	For
Brighthouse	37,555	0	For
AIG/SunAmerica	37,426	0	For
Thrivent	33,466	0	For
AMERICAN BEACON FUNDS	30,270	0	For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

4. To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meeting of shareholders or until their successors are duly elected and qualified: Alejandro Sanchez

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-22.

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 15,012,038AGAINST: 285,339

Business First Bancshares, Inc.’s own tally for this item (“Elect Director: Alejandro Sanchez”): 15,012,038 for, 285,339 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 29,572,297 outstanding shares: 50.8% for, 1.0% against (51.7% of the company cast a for/against vote).

The 62 asset managers below cast 97% of the shares they voted on this item FOR (7,578,690 for, 201,700 against).

FOR 97%

FOR: 7,578,690 (97.4%)AGAINST: 201,700 (2.6%)

Largest asset managers voting on “To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meetin” at Business First Bancshares, Inc., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,572,357	0	For
BlackRock	1,107,656	0	For
Dimensional	759,534	0	For
JANUS INVESTMENT FUND	684,700	0	For
American Century	595,930	0	For
Fidelity	550,250	0	For
John Hancock	417,463	0	For
Royce	274,071	0	For
RMB INVESTORS TRUST	250,000	0	For
Charles Schwab	216,438	0	For
Putnam	0	201,700	Against
Russell Investments	103,799	0	For
JPMorgan	101,546	0	For
BRIDGEWAY FUNDS INC	85,800	0	For
EA Series Trust	85,321	0	For
Equitable	63,487	0	For
TIAA	59,080	0	For
SEI	48,530	0	For
Lincoln Financial	45,200	0	For
WisdomTree	43,583	0	For
QUANTITATIVE MASTER SERIES LLC	41,504	0	For
Brighthouse	37,555	0	For
AIG/SunAmerica	37,426	0	For
Thrivent	33,466	0	For
AMERICAN BEACON FUNDS	30,270	0	For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

5. To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meeting of shareholders or until their successors are duly elected and qualified: Arthur J. Price

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-22.

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 15,015,020AGAINST: 282,361

Business First Bancshares, Inc.’s own tally for this item (“Elect Director: Arthur J. Price”): 15,015,020 for, 282,361 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 29,572,297 outstanding shares: 50.8% for, 1.0% against (51.7% of the company cast a for/against vote).

The 62 asset managers below cast 97% of the shares they voted on this item FOR (7,578,690 for, 201,700 against).

FOR 97%

FOR: 7,578,690 (97.4%)AGAINST: 201,700 (2.6%)

Largest asset managers voting on “To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meetin” at Business First Bancshares, Inc., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,572,357	0	For
BlackRock	1,107,656	0	For
Dimensional	759,534	0	For
JANUS INVESTMENT FUND	684,700	0	For
American Century	595,930	0	For
Fidelity	550,250	0	For
John Hancock	417,463	0	For
Royce	274,071	0	For
RMB INVESTORS TRUST	250,000	0	For
Charles Schwab	216,438	0	For
Putnam	0	201,700	Against
Russell Investments	103,799	0	For
JPMorgan	101,546	0	For
BRIDGEWAY FUNDS INC	85,800	0	For
EA Series Trust	85,321	0	For
Equitable	63,487	0	For
TIAA	59,080	0	For
SEI	48,530	0	For
Lincoln Financial	45,200	0	For
WisdomTree	43,583	0	For
QUANTITATIVE MASTER SERIES LLC	41,504	0	For
Brighthouse	37,555	0	For
AIG/SunAmerica	37,426	0	For
Thrivent	33,466	0	For
AMERICAN BEACON FUNDS	30,270	0	For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

6. To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meeting of shareholders or until their successors are duly elected and qualified: Carol M. Calkins

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-22.

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 15,023,861AGAINST: 273,516

Business First Bancshares, Inc.’s own tally for this item (“Elect Director: Carol M. Calkins”): 15,023,861 for, 273,516 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 29,572,297 outstanding shares: 50.8% for, 1.0% against (51.7% of the company cast a for/against vote).

The 62 asset managers below cast 97% of the shares they voted on this item FOR (7,578,690 for, 201,700 against).

FOR 97%

FOR: 7,578,690 (97.4%)AGAINST: 201,700 (2.6%)

Largest asset managers voting on “To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meetin” at Business First Bancshares, Inc., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,572,357	0	For
BlackRock	1,107,656	0	For
Dimensional	759,534	0	For
JANUS INVESTMENT FUND	684,700	0	For
American Century	595,930	0	For
Fidelity	550,250	0	For
John Hancock	417,463	0	For
Royce	274,071	0	For
RMB INVESTORS TRUST	250,000	0	For
Charles Schwab	216,438	0	For
Putnam	0	201,700	Against
Russell Investments	103,799	0	For
JPMorgan	101,546	0	For
BRIDGEWAY FUNDS INC	85,800	0	For
EA Series Trust	85,321	0	For
Equitable	63,487	0	For
TIAA	59,080	0	For
SEI	48,530	0	For
Lincoln Financial	45,200	0	For
WisdomTree	43,583	0	For
QUANTITATIVE MASTER SERIES LLC	41,504	0	For
Brighthouse	37,555	0	For
AIG/SunAmerica	37,426	0	For
Thrivent	33,466	0	For
AMERICAN BEACON FUNDS	30,270	0	For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

7. To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meeting of shareholders or until their successors are duly elected and qualified: David A. Montgomery, Jr.

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-22.

Combines 4 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 14,709,204AGAINST: 593,177

Business First Bancshares, Inc.’s own tally for this item (“Elect Director: David A. Montgomery, Jr.”): 14,709,204 for, 593,177 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 29,572,297 outstanding shares: 49.7% for, 2% against (51.7% of the company cast a for/against vote).

The 62 asset managers below cast 97% of the shares they voted on this item FOR (7,558,605 for, 221,785 against).

FOR 97%

FOR: 7,558,605 (97.1%)AGAINST: 221,785 (2.9%)

Largest asset managers voting on “To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meetin” at Business First Bancshares, Inc., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,572,357	0	For
BlackRock	1,107,656	0	For
Dimensional	759,534	0	For
JANUS INVESTMENT FUND	684,700	0	For
American Century	595,930	0	For
Fidelity	550,250	0	For
John Hancock	417,463	0	For
Royce	274,071	0	For
RMB INVESTORS TRUST	250,000	0	For
Charles Schwab	216,438	0	For
Putnam	0	201,700	Against
Russell Investments	103,799	0	For
JPMorgan	101,546	0	For
BRIDGEWAY FUNDS INC	85,800	0	For
EA Series Trust	85,321	0	For
Equitable	43,517	19,970	For
TIAA	59,080	0	For
SEI	48,530	0	For
Lincoln Financial	45,200	0	For
WisdomTree	43,583	0	For
QUANTITATIVE MASTER SERIES LLC	41,504	0	For
Brighthouse	37,555	0	For
AIG/SunAmerica	37,426	0	For
Thrivent	33,466	0	For
AMERICAN BEACON FUNDS	30,270	0	For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

8. To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meeting of shareholders or until their successors are duly elected and qualified: David R. Melville, III

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-22.

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 14,969,492AGAINST: 333,728

Business First Bancshares, Inc.’s own tally for this item (“Elect Director: David R. Melville, III”): 14,969,492 for, 333,728 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 29,572,297 outstanding shares: 50.6% for, 1% against (51.7% of the company cast a for/against vote).

The 62 asset managers below cast 97% of the shares they voted on this item FOR (7,578,575 for, 201,815 against).

FOR 97%

FOR: 7,578,575 (97.4%)AGAINST: 201,815 (2.6%)

Largest asset managers voting on “To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meetin” at Business First Bancshares, Inc., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,572,357	0	For
BlackRock	1,107,656	0	For
Dimensional	759,534	0	For
JANUS INVESTMENT FUND	684,700	0	For
American Century	595,930	0	For
Fidelity	550,250	0	For
John Hancock	417,463	0	For
Royce	274,071	0	For
RMB INVESTORS TRUST	250,000	0	For
Charles Schwab	216,438	0	For
Putnam	0	201,700	Against
Russell Investments	103,799	0	For
JPMorgan	101,546	0	For
BRIDGEWAY FUNDS INC	85,800	0	For
EA Series Trust	85,321	0	For
Equitable	63,487	0	For
TIAA	59,080	0	For
SEI	48,530	0	For
Lincoln Financial	45,200	0	For
WisdomTree	43,583	0	For
QUANTITATIVE MASTER SERIES LLC	41,504	0	For
Brighthouse	37,555	0	For
AIG/SunAmerica	37,426	0	For
Thrivent	33,466	0	For
AMERICAN BEACON FUNDS	30,270	0	For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

9. To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meeting of shareholders or until their successors are duly elected and qualified: J. Vernon Johnson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-22.

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 15,058,993AGAINST: 238,388

Business First Bancshares, Inc.’s own tally for this item (“Elect Director: J. Vernon Johnson”): 15,058,993 for, 238,388 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 29,572,297 outstanding shares: 50.9% for, 0.9% against (51.7% of the company cast a for/against vote).

The 62 asset managers below cast 97% of the shares they voted on this item FOR (7,578,690 for, 201,700 against).

FOR 97%

FOR: 7,578,690 (97.4%)AGAINST: 201,700 (2.6%)

Largest asset managers voting on “To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meetin” at Business First Bancshares, Inc., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,572,357	0	For
BlackRock	1,107,656	0	For
Dimensional	759,534	0	For
JANUS INVESTMENT FUND	684,700	0	For
American Century	595,930	0	For
Fidelity	550,250	0	For
John Hancock	417,463	0	For
Royce	274,071	0	For
RMB INVESTORS TRUST	250,000	0	For
Charles Schwab	216,438	0	For
Putnam	0	201,700	Against
Russell Investments	103,799	0	For
JPMorgan	101,546	0	For
BRIDGEWAY FUNDS INC	85,800	0	For
EA Series Trust	85,321	0	For
Equitable	63,487	0	For
TIAA	59,080	0	For
SEI	48,530	0	For
Lincoln Financial	45,200	0	For
WisdomTree	43,583	0	For
QUANTITATIVE MASTER SERIES LLC	41,504	0	For
Brighthouse	37,555	0	For
AIG/SunAmerica	37,426	0	For
Thrivent	33,466	0	For
AMERICAN BEACON FUNDS	30,270	0	For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

10. To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meeting of shareholders or until their successors are duly elected and qualified: John P. Ducrest

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-22.

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 15,040,156AGAINST: 257,225

Business First Bancshares, Inc.’s own tally for this item (“Elect Director: John P. Ducrest”): 15,040,156 for, 257,225 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 29,572,297 outstanding shares: 50.9% for, 0.9% against (51.7% of the company cast a for/against vote).

The 62 asset managers below cast 97% of the shares they voted on this item FOR (7,578,690 for, 201,700 against).

FOR 97%

FOR: 7,578,690 (97.4%)AGAINST: 201,700 (2.6%)

Largest asset managers voting on “To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meetin” at Business First Bancshares, Inc., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,572,357	0	For
BlackRock	1,107,656	0	For
Dimensional	759,534	0	For
JANUS INVESTMENT FUND	684,700	0	For
American Century	595,930	0	For
Fidelity	550,250	0	For
John Hancock	417,463	0	For
Royce	274,071	0	For
RMB INVESTORS TRUST	250,000	0	For
Charles Schwab	216,438	0	For
Putnam	0	201,700	Against
Russell Investments	103,799	0	For
JPMorgan	101,546	0	For
BRIDGEWAY FUNDS INC	85,800	0	For
EA Series Trust	85,321	0	For
Equitable	63,487	0	For
TIAA	59,080	0	For
SEI	48,530	0	For
Lincoln Financial	45,200	0	For
WisdomTree	43,583	0	For
QUANTITATIVE MASTER SERIES LLC	41,504	0	For
Brighthouse	37,555	0	For
AIG/SunAmerica	37,426	0	For
Thrivent	33,466	0	For
AMERICAN BEACON FUNDS	30,270	0	For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

11. To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meeting of shareholders or until their successors are duly elected and qualified: Keith A. Tillage

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-22.

Combines 4 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 14,729,543AGAINST: 468,245

Business First Bancshares, Inc.’s own tally for this item (“Elect Director: Keith A. Tillage”): 14,729,543 for, 468,245 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 29,572,297 outstanding shares: 49.8% for, 2% against (51.4% of the company cast a for/against vote).

The 62 asset managers below cast 96% of the shares they voted on this item FOR (7,485,501 for, 294,889 against).

FOR 96%

FOR: 7,485,501 (96.2%)AGAINST: 294,889 (3.8%)

Largest asset managers voting on “To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meetin” at Business First Bancshares, Inc., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,572,357	0	For
BlackRock	1,107,656	0	For
Dimensional	759,534	0	For
JANUS INVESTMENT FUND	684,700	0	For
American Century	595,930	0	For
Fidelity	550,250	0	For
John Hancock	417,463	0	For
Royce	274,071	0	For
RMB INVESTORS TRUST	250,000	0	For
Charles Schwab	216,438	0	For
Putnam	0	201,700	Against
Russell Investments	103,799	0	For
JPMorgan	101,546	0	For
BRIDGEWAY FUNDS INC	85,800	0	For
EA Series Trust	0	85,321	Against
Equitable	63,487	0	For
TIAA	59,080	0	For
SEI	48,530	0	For
Lincoln Financial	45,200	0	For
WisdomTree	43,583	0	For
QUANTITATIVE MASTER SERIES LLC	41,504	0	For
Brighthouse	37,555	0	For
AIG/SunAmerica	37,426	0	For
Thrivent	33,466	0	For
AMERICAN BEACON FUNDS	30,270	0	For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

12. To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meeting of shareholders or until their successors are duly elected and qualified: Mark P. Folse

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-22.

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 15,033,362AGAINST: 264,319

Business First Bancshares, Inc.’s own tally for this item (“Elect Director: Mark P. Folse”): 15,033,362 for, 264,319 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 29,572,297 outstanding shares: 50.8% for, 0.9% against (51.7% of the company cast a for/against vote).

The 62 asset managers below cast 97% of the shares they voted on this item FOR (7,578,690 for, 201,700 against).

FOR 97%

FOR: 7,578,690 (97.4%)AGAINST: 201,700 (2.6%)

Largest asset managers voting on “To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meetin” at Business First Bancshares, Inc., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,572,357	0	For
BlackRock	1,107,656	0	For
Dimensional	759,534	0	For
JANUS INVESTMENT FUND	684,700	0	For
American Century	595,930	0	For
Fidelity	550,250	0	For
John Hancock	417,463	0	For
Royce	274,071	0	For
RMB INVESTORS TRUST	250,000	0	For
Charles Schwab	216,438	0	For
Putnam	0	201,700	Against
Russell Investments	103,799	0	For
JPMorgan	101,546	0	For
BRIDGEWAY FUNDS INC	85,800	0	For
EA Series Trust	85,321	0	For
Equitable	63,487	0	For
TIAA	59,080	0	For
SEI	48,530	0	For
Lincoln Financial	45,200	0	For
WisdomTree	43,583	0	For
QUANTITATIVE MASTER SERIES LLC	41,504	0	For
Brighthouse	37,555	0	For
AIG/SunAmerica	37,426	0	For
Thrivent	33,466	0	For
AMERICAN BEACON FUNDS	30,270	0	For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

13. To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meeting of shareholders or until their successors are duly elected and qualified: Patrick E. Mockler

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-22.

Combines 4 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 14,890,795AGAINST: 406,886

Business First Bancshares, Inc.’s own tally for this item (“Elect Director: Patrick E. Mockler”): 14,890,795 for, 406,886 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 29,572,297 outstanding shares: 50.4% for, 1% against (51.7% of the company cast a for/against vote).

The 62 asset managers below cast 97% of the shares they voted on this item FOR (7,578,575 for, 201,815 against).

FOR 97%

FOR: 7,578,575 (97.4%)AGAINST: 201,815 (2.6%)

Largest asset managers voting on “To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meetin” at Business First Bancshares, Inc., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,572,357	0	For
BlackRock	1,107,656	0	For
Dimensional	759,534	0	For
JANUS INVESTMENT FUND	684,700	0	For
American Century	595,930	0	For
Fidelity	550,250	0	For
John Hancock	417,463	0	For
Royce	274,071	0	For
RMB INVESTORS TRUST	250,000	0	For
Charles Schwab	216,438	0	For
Putnam	0	201,700	Against
Russell Investments	103,799	0	For
JPMorgan	101,546	0	For
BRIDGEWAY FUNDS INC	85,800	0	For
EA Series Trust	85,321	0	For
Equitable	63,487	0	For
TIAA	59,080	0	For
SEI	48,530	0	For
Lincoln Financial	45,200	0	For
WisdomTree	43,583	0	For
QUANTITATIVE MASTER SERIES LLC	41,504	0	For
Brighthouse	37,555	0	For
AIG/SunAmerica	37,426	0	For
Thrivent	33,466	0	For
AMERICAN BEACON FUNDS	30,270	0	For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

14. To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meeting of shareholders or until their successors are duly elected and qualified: Ricky D. Day

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-22.

Combines 4 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 14,774,800AGAINST: 522,581

Business First Bancshares, Inc.’s own tally for this item (“Elect Director: Ricky D. Day”): 14,774,800 for, 522,581 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 29,572,297 outstanding shares: 49.9% for, 2% against (51.7% of the company cast a for/against vote).

The 62 asset managers below cast 96% of the shares they voted on this item FOR (7,485,501 for, 294,889 against).

FOR 96%

FOR: 7,485,501 (96.2%)AGAINST: 294,889 (3.8%)

Largest asset managers voting on “To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meetin” at Business First Bancshares, Inc., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,572,357	0	For
BlackRock	1,107,656	0	For
Dimensional	759,534	0	For
JANUS INVESTMENT FUND	684,700	0	For
American Century	595,930	0	For
Fidelity	550,250	0	For
John Hancock	417,463	0	For
Royce	274,071	0	For
RMB INVESTORS TRUST	250,000	0	For
Charles Schwab	216,438	0	For
Putnam	0	201,700	Against
Russell Investments	103,799	0	For
JPMorgan	101,546	0	For
BRIDGEWAY FUNDS INC	85,800	0	For
EA Series Trust	0	85,321	Against
Equitable	63,487	0	For
TIAA	59,080	0	For
SEI	48,530	0	For
Lincoln Financial	45,200	0	For
WisdomTree	43,583	0	For
QUANTITATIVE MASTER SERIES LLC	41,504	0	For
Brighthouse	37,555	0	For
AIG/SunAmerica	37,426	0	For
Thrivent	33,466	0	For
AMERICAN BEACON FUNDS	30,270	0	For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

15. To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meeting of shareholders or until their successors are duly elected and qualified: Rolfe H. McCollister, Jr.

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-22.

Combines 5 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 14,401,683AGAINST: 900,998

Business First Bancshares, Inc.’s own tally for this item (“Elect Director: Rolfe H. McCollister, Jr.”): 14,401,683 for, 900,998 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 29,572,297 outstanding shares: 48.7% for, 3% against (51.7% of the company cast a for/against vote).

The 62 asset managers below cast 95% of the shares they voted on this item FOR (7,410,374 for, 370,016 against).

FOR 95%

FOR: 7,410,374 (95.2%)AGAINST: 370,016 (4.8%)

Largest asset managers voting on “To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meetin” at Business First Bancshares, Inc., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,572,357	0	For
BlackRock	1,032,708	74,948	For
Dimensional	759,534	0	For
JANUS INVESTMENT FUND	684,700	0	For
American Century	595,930	0	For
Fidelity	550,250	0	For
John Hancock	417,463	0	For
Royce	274,071	0	For
RMB INVESTORS TRUST	250,000	0	For
Charles Schwab	216,438	0	For
Putnam	0	201,700	Against
Russell Investments	103,799	0	For
JPMorgan	101,546	0	For
BRIDGEWAY FUNDS INC	85,800	0	For
EA Series Trust	0	85,321	Against
Equitable	63,487	0	For
TIAA	59,080	0	For
SEI	48,530	0	For
Lincoln Financial	45,200	0	For
WisdomTree	43,583	0	For
QUANTITATIVE MASTER SERIES LLC	41,504	0	For
Brighthouse	37,555	0	For
AIG/SunAmerica	37,426	0	For
Thrivent	33,466	0	For
AMERICAN BEACON FUNDS	30,270	0	For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

16. To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meeting of shareholders or until their successors are duly elected and qualified: Steven G. White

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-22.

Combines 4 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 14,474,950AGAINST: 827,431

Business First Bancshares, Inc.’s own tally for this item (“Elect Director: Steven G. White”): 14,474,950 for, 827,431 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 29,572,297 outstanding shares: 48.9% for, 3% against (51.7% of the company cast a for/against vote).

The 62 asset managers below cast 96% of the shares they voted on this item FOR (7,466,288 for, 314,102 against).

FOR 96%

FOR: 7,466,288 (96.0%)AGAINST: 314,102 (4.0%)

Largest asset managers voting on “To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meetin” at Business First Bancshares, Inc., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,572,357	0	For
BlackRock	1,107,656	0	For
Dimensional	759,534	0	For
JANUS INVESTMENT FUND	684,700	0	For
American Century	595,930	0	For
Fidelity	550,250	0	For
John Hancock	417,463	0	For
Royce	274,071	0	For
RMB INVESTORS TRUST	250,000	0	For
Charles Schwab	216,438	0	For
Putnam	0	201,700	Against
Russell Investments	103,799	0	For
JPMorgan	101,546	0	For
BRIDGEWAY FUNDS INC	85,800	0	For
EA Series Trust	0	85,321	Against
Equitable	63,487	0	For
TIAA	59,080	0	For
SEI	48,530	0	For
Lincoln Financial	27,500	17,700	For
WisdomTree	43,583	0	For
QUANTITATIVE MASTER SERIES LLC	41,504	0	For
Brighthouse	37,555	0	For
AIG/SunAmerica	37,426	0	For
Thrivent	33,466	0	For
AMERICAN BEACON FUNDS	30,270	0	For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

17. To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meeting of shareholders or until their successors are duly elected and qualified: William G. Hall

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-22.

Combines 4 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 15,072,150AGAINST: 224,731

Business First Bancshares, Inc.’s own tally for this item (“Elect Director: William G. Hall”): 15,072,150 for, 224,731 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 29,572,297 outstanding shares: 51.0% for, 0.8% against (51.7% of the company cast a for/against vote).

The 62 asset managers below cast 97% of the shares they voted on this item FOR (7,578,690 for, 201,700 against).

FOR 97%

FOR: 7,578,690 (97.4%)AGAINST: 201,700 (2.6%)

Largest asset managers voting on “To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meetin” at Business First Bancshares, Inc., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,572,357	0	For
BlackRock	1,107,656	0	For
Dimensional	759,534	0	For
JANUS INVESTMENT FUND	684,700	0	For
American Century	595,930	0	For
Fidelity	550,250	0	For
John Hancock	417,463	0	For
Royce	274,071	0	For
RMB INVESTORS TRUST	250,000	0	For
Charles Schwab	216,438	0	For
Putnam	0	201,700	Against
Russell Investments	103,799	0	For
JPMorgan	101,546	0	For
BRIDGEWAY FUNDS INC	85,800	0	For
EA Series Trust	85,321	0	For
Equitable	63,487	0	For
TIAA	59,080	0	For
SEI	48,530	0	For
Lincoln Financial	45,200	0	For
WisdomTree	43,583	0	For
QUANTITATIVE MASTER SERIES LLC	41,504	0	For
Brighthouse	37,555	0	For
AIG/SunAmerica	37,426	0	For
Thrivent	33,466	0	For
AMERICAN BEACON FUNDS	30,270	0	For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

18. To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meeting of shareholders or until their successors are duly elected and qualified: Zeenat Sidi

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-22.

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 15,057,607AGAINST: 236,753

Business First Bancshares, Inc.’s own tally for this item (“Elect Director: Zeenat Sidi”): 15,057,607 for, 236,753 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 29,572,297 outstanding shares: 50.9% for, 0.9% against (51.7% of the company cast a for/against vote).

The 62 asset managers below cast 97% of the shares they voted on this item FOR (7,578,690 for, 201,700 against).

FOR 97%

FOR: 7,578,690 (97.4%)AGAINST: 201,700 (2.6%)

Largest asset managers voting on “To elect 16 directors to serve on the board of directors of the Company until the Company's 2026 annual meetin” at Business First Bancshares, Inc., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,572,357	0	For
BlackRock	1,107,656	0	For
Dimensional	759,534	0	For
JANUS INVESTMENT FUND	684,700	0	For
American Century	595,930	0	For
Fidelity	550,250	0	For
John Hancock	417,463	0	For
Royce	274,071	0	For
RMB INVESTORS TRUST	250,000	0	For
Charles Schwab	216,438	0	For
Putnam	0	201,700	Against
Russell Investments	103,799	0	For
JPMorgan	101,546	0	For
BRIDGEWAY FUNDS INC	85,800	0	For
EA Series Trust	85,321	0	For
Equitable	63,487	0	For
TIAA	59,080	0	For
SEI	48,530	0	For
Lincoln Financial	45,200	0	For
WisdomTree	43,583	0	For
QUANTITATIVE MASTER SERIES LLC	41,504	0	For
Brighthouse	37,555	0	For
AIG/SunAmerica	37,426	0	For
Thrivent	33,466	0	For
AMERICAN BEACON FUNDS	30,270	0	For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

19. TO RATIFY THE APPOINTMENT OF FORVIS MAZARS, LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF THE COMPANY FOR THE YEAR ENDING DECEMBER 31, 2025.

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2025-05-22.

Combines 2 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%

FOR: 20,401,867AGAINST: 159,477

Business First Bancshares, Inc.’s own tally for this item (“Proposal 3: The shareholders of Business First ratified the appointment of Forvis Mazars, LLP, as Business First's independent registered public accounting firm for the year ending December 31, 2025 by the vote set forth”): 20,401,867 for, 159,477 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 29,572,297 outstanding shares: 69% for, 0.6% against (70% of the company cast a for/against vote).

The 62 asset managers below cast 99% of the shares they voted on this item FOR (7,695,069 for, 85,321 against).

FOR 99%

FOR: 7,695,069 (98.9%)AGAINST: 85,321 (1.1%)

Largest asset managers voting on “TO RATIFY THE APPOINTMENT OF FORVIS MAZARS, LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF THE CO” at Business First Bancshares, Inc., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,572,357	0	For
BlackRock	1,107,656	0	For
Dimensional	759,534	0	For
JANUS INVESTMENT FUND	684,700	0	For
American Century	595,930	0	For
Fidelity	550,250	0	For
John Hancock	417,463	0	For
Royce	274,071	0	For
RMB INVESTORS TRUST	250,000	0	For
Charles Schwab	216,438	0	For
Putnam	201,700	0	For
Russell Investments	103,799	0	For
JPMorgan	101,546	0	For
BRIDGEWAY FUNDS INC	85,800	0	For
EA Series Trust	0	85,321	Against
Equitable	63,487	0	For
TIAA	59,080	0	For
SEI	48,530	0	For
Lincoln Financial	45,200	0	For
WisdomTree	43,583	0	For
QUANTITATIVE MASTER SERIES LLC	41,504	0	For
Brighthouse	37,555	0	For
AIG/SunAmerica	37,426	0	For
Thrivent	33,466	0	For
AMERICAN BEACON FUNDS	30,270	0	For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

20. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-05-22.

Combines 2 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%7%

FOR: 14,283,462AGAINST: 1,075,794

The 4 asset managers below cast 100% of the shares they voted on this item FOR (260,367 for, 0 against).

FOR 100%

FOR: 260,367 (100.0%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at Business First Bancshares, Inc., 2024-2025
Asset manager	For	Vote
JPMorgan	242,328	For
GuideStone	10,501	For
FORUM FUNDS II	7,457	For
GAMMA Investing LLC	81	For

21. TO APPROVE, ON A NON-BINDING, ADVISORY BASIS, THE COMPENSATION OF THE COMPANY'S NEOS (THE SAY-ON-PAY PROPOSAL&QUOT). &QUOT

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-05-22.

93% Majority: yes · of votes cast

FOR 93%7%

FOR: 14,283,462AGAINST: 1,075,794

The 2 asset managers below cast 100% of the shares they voted on this item FOR (230 for, 0 against).

FOR 100%

FOR: 230 (100.0%)

Largest asset managers voting on “TO APPROVE, ON A NON-BINDING, ADVISORY BASIS, THE COMPENSATION OF THE COMPANY'S NEOS (THE SAY-ON-PAY PROPOSAL&” at Business First Bancshares, Inc., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Advisors' Inner Circle Fund III	115	0	0	0	For
L2 Asset Management, LLC	115	0	0	0	For

22. To approve, on a non-binding advisory basis, the compensation of the Company's NEOs (the "Say-on-Pay Proposal "); and

SECTION 14A SAY-ON-PAY VOTES

Reported under meeting date 2023-07-27; no official results on file for that date (outside the 2024-2025 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

0% fund support · no official result

AGAINST 100%

The 2 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 127 against).

AGAINST: 127 (100.0%)

Largest asset managers voting on “To approve, on a non-binding advisory basis, the compensation of the Company's NEOs (the "Say-on-Pay Proposal ” at Business First Bancshares, Inc., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
COLDSTREAM CAPITAL MANAGEMENT INC	0	127	0	0	Against
Echo45 Advisors LLC	0	0	0	0	--

Largest Business First Bancshares, Inc. shareholders voting in 2024-2025

Ranked by the number of Business First Bancshares, Inc. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 29,572,297 shares outstanding at the time of that meeting.

Top Business First Bancshares, Inc. shareholders by shares voted, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	5.52%
2	American Century	4.08%
3	Dimensional	2.90%
4	Janus Henderson	2.43%
5	JANUS INVESTMENT FUND	2.32%
6	GEODE CAPITAL MANAGEMENT, LLC	2.07%
7	Fidelity	1.87%
8	State Street	1.76%
9	Royce	1.76%
10	John Hancock	1.55%

Reported Business First Bancshares, Inc. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

Business First Bancshares, Inc. beneficial owners on record for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
BlackRock	7.49%	13F
Vanguard Group	5.48%	13F
Dimensional Fund Advisors	3.02%	13F
State Street	1.87%	13F
JPMorgan Chase	1.18%	13F
David R. Melville, III	0.97%	DEF14A
Ricky D. Day	0.89%	DEF14A
Northern Trust	0.77%	13F
Charles Schwab	0.73%	13F
Franklin Templeton	0.73%	13F

Percentages above are of 29,572,297 shares outstanding, as reported by Business First Bancshares, Inc. on its Form 10-Q dated 2025-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Business First Bancshares, Inc.’s 10-Q dated 2025-03-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At Business First Bancshares, Inc.'s shareholder meeting held 2025-05-22, in the 2024-2025 proxy season, 179 asset managers reported how they voted in their SEC Form N-PX filings, covering 3,547 separate fund positions. Their filings are grouped here into 22 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — To approve, on a non-binding, advisory basis, the compensation of the Company's NEOS (the… — FOR was 93% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: Business First Bancshares, Inc.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission (filing date not recorded for this item).

Business First Bancshares, Inc. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.