{"url_path":"/sec/alrs/8-k/2026-05-15/item-5-07","section_key":"item-5-07","section_title":"Item 5.07 **","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/903419/0001437749-26-017369-index.html","accession_number":"0001437749-26-017369","cik":"0000903419","ticker":"ALRS","issuer_name":"ALERUS FINANCIAL CORP","edgar_url":"https://www.sec.gov/Archives/edgar/data/903419/0001437749-26-017369-index.html","primary_entity_key":"0000903419","primary_entity_name":"ALERUS FINANCIAL CORP"},"word_count":307,"has_tables":true,"body_markdown":"**Item 5.07.**\n\n**Submission of Matters to a Vote of Security Holders.**\n\n \n\nThe 2026 Annual Meeting of Stockholders (the “Annual Meeting”) of Alerus Financial Corporation (the “Company”) was held on May 14, 2026. The record date for determination of stockholders entitled to vote at the Annual Meeting was March 16, 2026. There were 25,560,231 shares of common stock outstanding as of that date, with each such share being entitled to one vote. At the Annual Meeting, the holders of 20,654,357 shares, or approximately 80.81% of the outstanding shares, were represented in person or by proxy, which constituted a quorum for the Annual Meeting. The final results for each of the matters submitted to a vote of stockholders at the Annual Meeting, as set forth in the Company’s Definitive Proxy Statement filed with the Securities and Exchange Commission on April 1, 2026, were as follows:\n\n \n\n**Proposal 1**: The election of nine (9) director nominees to serve on the Board of Directors of the Company until the 2027 Annual Meeting of Stockholders or until their successors are duly elected and qualified:\n\n \n\n**Director Nominee**\n\n**Votes For**\n\n**Votes Withheld**\n\n**Broker Non-Votes**\n\nDaniel E. Coughlin\n\n12,742,063\n\n1,433,986\n\n6,478,308\n\nRandy L. Newman\n\n10,813,971\n\n3,362,078\n\n6,478,308\n\nGalen G. Vetter         \n\n12,876,320\n\n1,299,729\n\n6,478,308\n\nKatie A. Lorenson\n\n12,952,431\n\n1,223,618\n\n6,478,308\n\nJanet O. Estep\n\n12,299,613\n\n1,876,436\n\n6,478,308\n\nMary E. Zimmer\n\n12,936,989\n\n1,239,060\n\n6,478,308\n\nNikki L. Sorum\n\n13,065,204\n\n1,110,845\n\n6,478,308\n\nJohn Uribe\n\n12,897,761\n\n1,278,288\n\n6,478,308\n\nJeffrey W. Bolton\n\n13,109,347\n\n1,066,702\n\n6,478,308\n\n \n\n**Proposal 2:**For the approval, on a non-binding advisory basis, of the 2025 compensation paid to the Company’s named executive officers:\n\n \n\n**Votes For**\n\n**Votes Against**\n\n**Abstentions**\n\n**Broker Non-Votes**\n\n 13,525,678\n\n 462,923\n\n 187,447\n\n 6,478,309\n\n \n\n**Proposal 3**: The ratification of the appointment of RSM US LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026:\n\n \n\n**Votes For**\n\n**Votes Against**\n\n**Abstentions**\n\n**Broker Non-Votes**\n\n 20,405,133\n\n 244,190\n\n 3,648\n\n 1,386"}