ITEM 5.07. Submission of Matters to Vote of Security Holders.

Highlands Bankshares, Inc. ("Highlands") held a special meeting of shareholders on Tuesday, December 17, 2019 in Abingdon, Virginia, related to its pending merger with First Community Bankshares, Inc. ("First Community"). The matters submitted to shareholders at the meeting and the voting results thereof were as follows (rounded to the nearest whole number):

Common Shareholder Merger Proposal Highlands' holders of common stock approved the Agreement and Plan of Merger, dated as of September 11, 2019, by and between Highlands and First Community, pursuant to which Highlands will merge with and into First Community, with First Community continuing as the surviving corporation. The following is a tabulation of the voting results:


                                           Broker
Votes For   Votes Against   Abstentions   Non-Votes
6,156,537   116,072         10,741            0

Merger-Related Compensation Proposal Highlands' holders of common stock approved, on an advisory (non-binding) basis, the compensation that may be paid or become payable to the named executive officers of Highlands that is based on or otherwise relates to the merger. The following is a tabulation of the voting results:


                                           Broker
Votes For   Votes Against   Abstentions   Non-Votes
5,738,619   456,880         87,850            0

Common Shareholder Adjournment Proposal Highlands' holders of common stock approved a proposal to adjourn the special meeting, if necessary or appropriate, including adjournments to permit further solicitation of proxies in favor of the merger proposal. The following is a tabulation of the voting results:


                                           Broker
Votes For   Votes Against   Abstentions   Non-Votes
5,844,098   422,421         16,831            0

Preferred Shareholder Merger Proposal Highlands' holders of preferred stock approved the Agreement and Plan of Merger, dated as of September 11, 2019, by and between Highlands and First Community, pursuant to which Highlands will merge with and into First Community, with First Community continuing as the surviving corporation. The following is a tabulation of the voting results:


                                           Broker
Votes For   Votes Against   Abstentions   Non-Votes
2,092,287         0              0            0

Preferred Shareholder Adjournment Proposal Highlands' holders of preferred stock approved a proposal to adjourn the special meeting, if necessary or appropriate, including adjournments to permit further solicitation of proxies in favor of the merger proposal. The following is a tabulation of the voting results:


                                           Broker
Votes For   Votes Against   Abstentions   Non-Votes
2,092,287         0              0            0

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