VERSABANK Annual and Special Meeting of Shareholders London, Ontario – Wednesday, April 17, 2024 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 and Special Meeting of Shareholders of VersaBank (the “Bank”) held on April 17, 2024. 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 Robbert-Jan Brabander 6,914,502 95.39 334,060 4.61 David A. Bratton 7,096,860 97.96 147,877 2.04 Gabrielle Bochynek 6,915,851 95.41 332,711 4.59 The Honourable Thomas A. Hockin 7,175,775 99.00 72,787 1.00 Peter M. Irwin 7,144,102 98.56 104,460 1.44 Richard Jankura 7,182,040 99.08 66,522 0.92 Arthur Linton 7,180,747 99.06 67,815 0.94 Susan T. McGovern 6,897,927 95.16 350,635 4.84 Paul G. Oliver 7,166,643 98.87 81,919 1.13 David R. Taylor 7,148,656 98.62 99,906 1.38 2. Appointment of Auditors Ernst & Young LLP was reappointed as auditors of the Bank. FOR % FOR WITHHELD % WITHHELD 8,432,642 99.21 67,071 0.79 3. Reapproval of Long-Term Incentive Plan The Omnibus Long-Term Incentive Plan was renewed. FOR % FOR AGAINST % AGAINST 4,448,481 61.37 2,799,990 38.63 Dated this 18th day of April 2024. VERSABANK “Brent T. Hodge” ______________________________ Brent T. Hodge SVP, General Counsel & Corporate Secretary