EX-99.1 2 d118436dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE: MEDALLION FINANCIAL CORP. ANNOUNCES LANDSLIDE VOTE RESULTS FOR THE BOARD ON ALL MEASURES NEW YORK, NY - June 10, 2026 - Medallion Financial Corp. (NASDAQ: MFIN, “Medallion” or the “Company”), a specialty finance company that originates and services loans in various consumer and commercial industries, along with offering loan origination services to fintech strategic partners, today announced the preliminary voting results reported by the independent inspector of election for the Company’s 2026 Annual Meeting of Stockholders (the “Annual Meeting”), held yesterday. Shareholders re-elected all three of the Company’s director nominees, rejecting the nominees put forward by an affiliate of ZimCal Asset Management LLC (“ZimCal”). Yesterday’s Annual Meeting marks the third consecutive annual meeting at which ZimCal has initiated a proxy contest, each of which have resulted in Medallion shareholders overwhelmingly supporting the Company’s Board and strategy. This year, shareholders backed the Company’s nominees by an average of approximately 78% of votes cast, even after both proxy advisory firms issue…
Open exhibit ↗Current Report · Items 8.01, 9.01 · 8-K
Medallion Financial Corp.
MFINNASDAQEQUITYCurrent
Other Events
Item 8.01. Other Events. On June 10, 2026, Medallion Financial Corp. issued a press release announcing the preliminary results from its 2026 Annual Meeting of Stockholders. The full text of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Company context
Medallion Bank specializes in providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech strategic partners. The Bank works directly with thousands of dealers, contractors and financial service providers serving their customers throughout the United States. Medallion Bank is a Utah-chartered, FDIC-insured industrial bank headquartered in Salt Lake City and is a wholly owned subsidiary of Medallion Financial Corp.