Summary of PSB HOLDINGS, INC.

Item 5.07 Submission of Matters to a Vote of Security Holders

(a) The annual meeting of the shareholders of PSB Holdings, Inc. was held on November 2, 2012.

(b) The matters considered and voted on by the shareholders at the annual meeting and thevote of the shareholders were as follows:

1. The following individuals were elected as directors, each for a three-year term, by the following vote:

                      Shares          Votes         Broker
                     Voted For      Withheld      Non-Votes
Richard A. Loomis     4,773,960       133,732        372,214
Thomas A. Borner      4,751,774       155,918        372,214
John P. Miller        4,797,810       109,882        372,214

2. The appointment of Wolf & Company, P.C. as independent registered public accounting firm for the fiscal year ending June 30, 2013 was ratified by the shareholders by the following vote:

                       Shares Voted       Shares Voted
                           For              Against          Abstentions
                           5,235,443             42,361             2,102

There were no
broker non-votes on
the proposal.