On April 26, 2024, ZimCal Asset Management, LLC filed definitive proxy statement accompanying white universal proxy card and urged stockholders of Medallion Financial Corp. for the election of Stephen Hodges and Judd Deppisch to the Board of Directors of the Company and withhold on the Company?s nominees, Robert M. Meyer and David L. Rudnick. ZimCal Asset Management also urged the shareholders to vote against the approval on an advisory basis of the Company?s executive compensation at the Company?s 2024 Annual Meeting of Stockholders on June 11, 2024.