vbagmvotingresultsnewsre

For Immediate Release: April 9, 2026 Attention: Business Editors VERSABANK ANNOUNCES THE RESULTS OF ITS 2026 MEETING OF SHAREHOLDERS LONDON/ON/CNW/ - VersaBank (TSX: VBNK; NASDAQ: VBNK) (“VersaBank” or the “Bank”) reports the results of its 2026 Annual and Special Meeting of Shareholders (the “Meeting”) held in London, Ontario on April 8, 2026. Each of the director nominees listed in VersaBank’s Management Information Circular dated March 9, 2026, were elected as directors of the Bank. The detailed results of the vote are as follows, with percentages rounded to two decimal places: Director Number of Votes Cast Percentage of Votes Cast The Honourable Frank Newbould In Favour: Withheld: 10,971,287 161,216 98.55 1.45 % % Robbert-Jan Brabander In Favour: Withheld: 11,082,921 49,582 99.55 0.45 % % David A. Bratton In Favour: Withheld: 11,002,166 130,336 98.83 1.17 % % Gabrielle Bochynek In Favour: 11,021,423 99.00 % Withheld: 111,080 1.00 % Peter M. Irwin In Favour: 11,001,809 98.83 % Withheld: 130,694 1.17 % Richard Jankura In Favour 11,111,627 99.81 % Withheld: 20,876 0.19 % Arthur Linton In Favour: Withheld: 11,002,167 130,336 98.83 1.17 % % Susan T. McGovern In Favour: Withheld: 10,917,136 215,366 98.07 1.93 % % Scott Verity In Favour: Withheld: 11,099,367 33,136 99.70 0.30 % % David R. Taylor In Favour: Withheld: 11,086,908 45,595 99.59 0.41 % % At the Meeting, the Shareholders also approved the appointment of Ernst & Young LLP as auditors of the Bank and an administrative by-law amendment to allow for the roles of President and Chief Executive Officer to be held by separate individuals.

VersaBank’s Voting Results with respect to all matters voted upon at the Meeting will be filed on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov/edgar. ABOUT VERSABANK VersaBank is a North American bank with a difference. Federally chartered in both Canada and the U.S., VersaBank has a branchless, digital, business-to-business model based on its proprietary state-of-the-art technology that enables it to profitably address underserved segments of the banking industry in a significantly risk mitigated manner. Because VersaBank obtains substantially all of its deposits and undertakes the majority of its funding activities electronically through financial intermediary partners, it benefits from significant operating leverage that drives efficiency and return on common equity. In August 2024, VersaBank launched its unique Structured Receivable Program funding solution for point- of-sale finance companies, which has been highly successful in Canada for over 15 years, to the underserved multi-trillion-dollar U.S. market. VersaBank also owns Minnesota-based DRT Cyber Inc., a North American leader in the provision of cyber security services to address the rapidly growing volume of cyber threats challenging financial institutions, multi-national corporations and government entities. Through DRT Cyber Inc., VersaBank owns proprietary intellectual property and technology to enable the next generation of digital assets for the banking and financial community, including the Bank’s revolutionary and proprietary Real Bank Tokenized DepositsTM. VersaBank’s common shares trade on the Toronto Stock Exchange and NASDAQ under the symbol VBNK. FOR FURTHER INFORMATION, PLEASE CONTACT: LodeRock Advisors Lawrence Chamberlain (416) 540-7486 lawrence.chamberlain@loderockadvisors.com Visit our website at: www.versabank.com Follow VersaBank on Facebook, Instagram, LinkedIn and X.