MFIN shareholders re-elect board with 78% support, reject activist ZimCal for third year

Filed June 10, 2026 · Period ending June 10, 2026 · ~1 min read

Key Changes

• high

  All three company-nominated directors re-elected with ~78% average support; activist ZimCal's competing slate received ~19%, down from 22% in 2024 contest—third consecutive proxy defeat for the dissident.

  Exhibit 99.1 verify on EDGAR →
• medium

  Vote occurred despite split recommendations from both major proxy advisory firms, suggesting strong shareholder alignment with management's strategy and performance track record.

  Exhibit 99.1 verify on EDGAR →
• medium

  Management cited $375M+ pre-tax net income over past 5 years (exceeding first 25 years combined) and 40% dividend increase over 3 years to support board confidence case.

  Exhibit 99.1 verify on EDGAR →