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

On May 5, 2023, Finward Bancorp (the "Bancorp") held its Annual Meeting of Shareholders (the "Annual Meeting"), as a virtual-only meeting, pursuant to due notice. Only holders of record of the Bancorp's common stock at the close of business on March 3, 2023 (the "Record Date") were entitled to vote at the Annual Meeting. On the Record Date, there were 4,304,916 shares of the Bancorp's common stock issued and outstanding. Holders of a total of 3,259,611 shares of common stock were present virtually or by proxy at the Annual Meeting, constituting a quorum.

The Bancorp's shareholders voted on three proposals at the Annual Meeting. The proposals are described in detail in the Bancorp's definitive proxy statement filed with the Securities and Exchange Commission on March 30, 2023. The final results of the vote regarding the proposals are set forth below.



Proposal 1: Election of Directors. The Bancorp's shareholders elected four
directors to serve three-year terms expiring in 2026. The votes regarding this
proposal were as follows:

                               Expiration of                Votes     Broker Non-
          Director                 Term        Votes For   Withheld      Votes
Benjamin J. Bochnowski             2026        2,611,720    77,015         0
Donald P. Fesko, O.D., FACHE       2026        2,394,003   294,732         0
Danette Garza, J.D., CPA           2026        2,616,306    72,429         0
Robert E. Johnson, III             2026        2,623,434    65,301         0

Proposal 2: Ratification of Auditors. The proposal described below, having received a vote virtually or by proxy of more favorable votes than votes cast against the proposal, was declared to be duly adopted by the shareholders of the Bancorp. The votes regarding this proposal were as follows:



                                                                               Broker
                                                                                Non-
                                       For         Against       Abstain        Votes
Ratification of the appointment     3,233,340      25,516          755            0
of FORVIS, LLP as independent
registered public accounting
firm for the fiscal year ending
December 31, 2023.

Proposal 3: Advisory Vote on Compensation. The proposal described below, having received an advisory vote virtually or by proxy of more favorable votes than votes cast against the proposal, was declared to be duly adopted by the shareholders of the Bancorp. The votes regarding this proposal were as follows:



                                                                               Broker
                                                                                Non-
                                       For         Against       Abstain        Votes
Approval, on a non-binding          2,545,328      101,909       41,498        570,876
advisory basis, of the executive
compensation of the named
executive officers included in
the proxy statement for the
Annual Meeting.

No other matters were considered or voted upon at the Annual Meeting.

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses