VERSABANK Annual Meeting of Shareholders London, Ontario – Thursday, April 24, 2025 REPORT OF VOTING RESULTS In accordance with section 11.3 of NI 51-102 - Continuous Disclosure Obligations, the following sets out the voting results of the matters voted on at the Annual Meeting of Shareholders of VersaBank (the “Bank”) held on April 24, 2025. Each of the matters set out below is described in greater detail in the Management Proxy Circular mailed to shareholders prior to the meeting. 1. Election of Directors Each of the following nominees was elected as a director of the Bank. NOMINEE FOR % FOR WITHHELD % WITHHELD The Honourable Frank Newbould 10,013,335 98.97 104,228 1.03 Robbert-Jan Brabander 9,933,208 98.18 184,352 1.82 David A. Bratton 9,826,370 97.12 291,190 2.88 Gabrielle Bochynek 9,954,965 98.39 162,595 1.61 Peter M. Irwin 9,866,106 97.51 251,454 2.49 Richard Jankura 9,959,038 98.43 158,522 1.57 Arthur Linton 9,930,273 98.15 187,287 1.85 Susan T. McGovern 9,470,605 93.61 646,955 6.39 Paul G. Oliver 9,953,995 98.38 163,568 1.62 David R. Taylor 10,024,905 99.08 92,658 0.92 2. Appointment of Auditors Ernst & Young LLP was reappointed as auditors of the Bank. FOR % FOR WITHHELD % WITHHELD 11,940,845 98.83 141,631 1.17 Dated this 25th day of April 2025. VERSABANK “Brent T. Hodge” ______________________________ Brent T. Hodge SVP, General Counsel & Corporate Secretary