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LAKE SHORE BANCORP, INC. FILES (8-K) Disclosing Submission of Matters to a Vote of Security Holders

May 23, 2014



Item 5.07Submission of Matters to a Vote of Security Holders.

On May 21, 2014, Lake Shore Bancorp, Inc. (the "Company") held its Annual Meeting of Shareholders, at which time shareholders were asked to consider three proposals, as follows:

1. To elect three (3) directors to the Board of Directors of the Company for a

three year term expiring in 2017;



2. To approve, on an advisory basis, a non-binding resolution regarding the

compensation of our named executive officers;



3. To ratify the appointment of ParenteBeard LLC as the Company's independent

registered public accounting firm for the fiscal year ending December 31, 2014.



The shareholders elected the directors to the term stated above, approved the non-binding resolution regarding the compensation of our named executive officers and ratified the appointment of ParenteBeard LLC as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2014.

The vote tabulation was as follows:

1. Election of three (3) directors to serve on the Board of Directors of the

Company for a three-year term expiring in 2017. Votes For Votes Withheld Broker Non-Votes



Susan C. Ballard (2017) 4,871,021 88,597 635,581 Reginald S. Corsi (2017) 4,899,548 60,070 635,581 Daniel P. Reininga (2017) 4,901,453 58,165 635,581

2. To approve, on an advisory basis, a non-binding resolution regarding the compensation of our named executive officers. Votes For Votes Against Votes Abstained Broker Non-Votes Number of votes 4,877,257 73,831 8,530 635,581 3. To ratify the appointment of ParenteBeard LLC as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2014. Votes For Votes Against Votes Abstained 5,589,706 5,191 302



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Source: Edgar Glimpses


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