<SEC-DOCUMENT>0000717538-20-000085.txt : 20200423
<SEC-HEADER>0000717538-20-000085.hdr.sgml : 20200423
<ACCEPTANCE-DATETIME>20200423153408
ACCESSION NUMBER:		0000717538-20-000085
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20200423
DATE AS OF CHANGE:		20200423
EFFECTIVENESS DATE:		20200423

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARROW FINANCIAL CORP
		CENTRAL INDEX KEY:			0000717538
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				222448962
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-12507
		FILM NUMBER:		20810858

	BUSINESS ADDRESS:	
		STREET 1:		250 GLEN ST
		CITY:			GLENS FALLS
		STATE:			NY
		ZIP:			12801
		BUSINESS PHONE:		5184154299

	MAIL ADDRESS:	
		STREET 1:		250 GLEN STREET
		CITY:			GLENS FALLS
		STATE:			NY
		ZIP:			12801

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ARROW BANK CORP
		DATE OF NAME CHANGE:	19900710
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<FILENAME>schedule14a-definitiveaddi.htm
<DESCRIPTION>DEFA 14A
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
	<head>
		<!-- Document created using Wdesk 1 -->
		<!-- Copyright 2020 Workiva -->
		<title>Document</title>
	</head>
	<body><div style="font-family:Times New Roman;font-size:10pt;">
<div><a name="s20fd93fd9f3744489a543668d841c054"></a></div><div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:right;font-size:11pt;"><font style="font-family:Times New Roman;font-size:11pt;"><br></font></div><div style="line-height:174%;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">UNITED STATES</font></div><div style="line-height:174%;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">SECURITIES AND EXCHANGE COMMISSION</font></div><div style="line-height:174%;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">WASHINGTON, D.C. 20549</font></div><div style="line-height:174%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:174%;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">SCHEDULE 14A</font></div><div style="line-height:174%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:174%;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934</font></div><div style="line-height:174%;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">(Amendment No. &#160;&#160;&#160;&#160;)</font></div><div style="line-height:174%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:174%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:10pt;">Filed by the Registrant</font><font style="font-family:Arial;font-size:11pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;                        </font><font style="font-family:Arial;font-size:10pt;">[ X]</font></div><div style="line-height:174%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:10pt;">Filed by a Party other than the Registrant</font><font style="font-family:Arial;font-size:11pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:Arial;font-size:10pt;">[ &#160;&#160;&#160;]</font></div><div style="line-height:174%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:174%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Check the appropriate box:</font></div><div style="line-height:174%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">[   ]  Preliminary Proxy Statement</font></div><div style="line-height:174%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">[ &#160;&#160;]  Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))</font></div><div style="line-height:174%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">[   ]  Definitive Proxy Statement</font></div><div style="line-height:174%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">[ X]  Definitive Additional Materials</font></div><div style="line-height:174%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">[ &#160;&#160;]  Soliciting Material Pursuant to Rule Section 240.14a-12</font></div><div style="line-height:174%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:174%;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Arrow Financial Corporation</font></div><div style="line-height:174%;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">(Name of Registrant as Specified In Its Charter)</font></div><div style="line-height:174%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:174%;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">(Name of Person(s) Filing Proxy Statement, if other than the Registrant)</font></div><div style="line-height:174%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:174%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Payment of Filing Fee (Check the appropriate box):</font></div><div style="line-height:174%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">[ X ]  No fee required</font></div><div style="line-height:174%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:174%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">[ &#160;&#160;&#160;]  Fee computed on the table below per Exchange Act Rules 14a-6(i)(1) and 0-11.</font></div><div style="line-height:174%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:174%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">1) Title of each class of securities to which transaction applies:</font></div><div style="line-height:174%;text-align:left;text-indent:48px;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:174%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">2) Aggregate number of securities to which transaction applies:</font></div><div style="line-height:174%;text-align:left;text-indent:48px;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:174%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):</font></div><div style="line-height:174%;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:174%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">4) Proposed maximum aggregate value of the transaction:</font></div><div style="line-height:174%;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div><br></div><div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div></div><div><br></div><div style="line-height:174%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">5) Total fee paid:</font></div><div style="line-height:174%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:174%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">[ &#160;&#160;&#160;] Fee paid previously with preliminary materials.</font></div><div style="line-height:174%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:174%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">[ &#160;&#160;&#160;] Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. &#160;Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.</font></div><div style="line-height:174%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:174%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">1) Amount Previously Paid:</font></div><div style="line-height:174%;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:174%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">2) Form, Schedule or Registration Statement No.:</font></div><div style="line-height:174%;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:174%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">3) Filing Party:</font></div><div style="line-height:174%;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:174%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">4) Date Filed:</font></div><div><br></div><div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div></div><div><br></div><div style="line-height:174%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:center;"><img src="defa14alogo.jpg" alt="defa14alogo.jpg" style="height:45px;width:578px;"></div><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">250 Glen Street</font></div><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">Glens Falls, New York 12801</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-weight:bold;">SUPPLEMENT TO PROXY STATEMENT FOR THE ANNUAL MEETING OF SHAREHOLDERS</font></div><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-weight:bold;">TO BE HELD ON MAY 6, 2020</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">April 23, 2020</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">To the Shareholders of Arrow Financial Corporation:</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">On behalf of the Board of Directors (the &#8220;Board&#8221;) of Arrow Financial Corporation, a New York corporation (the &#8220;Company&#8221;), we are writing to provide you with important updates relating to the Company's 2020 Annual Meeting of Shareholders to be held on Wednesday, May 6, 2020, at 4 p.m. Eastern Daylight Time (the &#8220;Annual Meeting&#8221;). This proxy statement supplement, dated April 23, 2020 (this &#8220;Supplement&#8221;), supplements the definitive proxy statement (the &#8220;Proxy Statement&#8221;) for the Annual Meeting that the Company filed with the Securities and Exchange Commission (the &#8220;SEC&#8221;) on March 27, 2020.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-weight:bold;">Change to Virtual-Only Meeting; Change in Meeting Time</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">The Proxy Statement stated that the Annual Meeting would be held at the Charles R. Wood Theater in downtown Glens Falls, New York, but that the Company was monitoring the situation as a result of the novel coronavirus (COVID-19) and may decide to open up a virtual participation option for the Annual Meeting.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">Due to the public health and safety concerns related to COVID-19, the Company will instead host the Annual Meeting solely by remote communication virtually via the Internet or by phone.  Shareholders will not be able to attend the Annual Meeting in person. </font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">Although the date of the Annual Meeting has not changed, the time of the meeting has changed.  </font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-weight:bold;">Meeting Date:</font><font style="font-family:Arial;font-size:11pt;">&#32;&#32;&#32;&#32;&#32;&#32;&#32;Wednesday, May 6, 2020</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-weight:bold;">Meeting Time:</font><font style="font-family:Arial;font-size:11pt;">&#32;&#32;&#32;&#32;&#32;&#32;4:00 p.m. (Eastern Daylight Time)</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-weight:bold;">Meeting Access:</font><font style="font-family:Arial;font-size:11pt;">&#32;&#32;http://viewproxy.com/ArrowFinancial/2020/VM</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">Shareholders are encouraged to attend the Annual Meeting via the Internet or by phone.  There will not be any &#8220;in-person&#8221; access for the reasons mentioned above. Instructions on how to pre-register by the Registration Deadline (11:59 pm EDT on May 3, 2020) and how to participate via the Internet, including how to demonstrate proof of stock ownership, are available at the following link:</font><font style="font-family:Arial;font-size:11pt;font-weight:bold;">&#32;http://viewproxy.com/ArrowFinancial/2020/</font><font style="font-family:Arial;font-size:11pt;">. Shareholders may vote and submit questions while attending the Annual Meeting via the Internet. </font><font style="font-family:Arial;font-size:11pt;font-weight:bold;">Please see </font><font style="font-family:Arial;font-size:11pt;font-weight:bold;text-decoration:underline;">Schedule I</font><font style="font-family:Arial;font-size:11pt;font-weight:bold;">&#32;attached hereto for additional important information regarding the virtual Annual Meeting.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">The Company expects its use of a virtual-only meeting format to be a one-time occurrence in light of COVID-19 concerns.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div><br></div><div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-weight:bold;">Additional Information</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">This Supplement is being made available on April 23, 2020. Except as specifically amended or supplemented by the information contained in this Supplement, all information set forth in the Proxy Statement remains unchanged and should be considered in voting your shares. Where information in the Proxy Statement is described as current as of a certain date, it remains current only as of such date, except as specifically amended or supplemented by the information set forth in this Supplement.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">If you have already voted via the Internet, telephone, or by mail, you do not need to take any action unless you wish to change your vote. You may revoke your proxy at any time before it is voted by submitting a later vote of your shares either online or by telephone prior to the Annual Meeting. You may also revoke your proxy by delivering a written notice of revocation of proxy prior to the Annual Meeting to: Corporate Secretary, Arrow Financial Corporation, 250 Glen Street, Glens Falls, New York 12801. Shareholders may also vote and submit questions while attending the Annual Meeting via the Internet.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">This Supplement does not change the proposals to be acted upon at the  Annual Meeting, which are described in the Proxy Statement.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-weight:bold;">Please ensure that your shares are represented at the&#160;Annual Meeting, as your vote is important. Thank you.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">By Order of the Board of Directors,</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;text-decoration:underline;">/s/ Peter J. Lareau</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">Peter J. Lareau</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">Corporate Secretary</font></div><div><br></div><div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;padding-bottom:13px;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-weight:bold;">Schedule I</font></div><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-weight:bold;">Important Information About the Virtual Stockholder Meeting</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;padding-bottom:14px;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-weight:bold;">Important Information About&#160;the&#160;Virtual Shareholders&#8217;&#160;Meeting</font></div><div style="line-height:120%;padding-bottom:14px;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">Arrow Financial Corporation (the &#8220;Company&#8221;) will host its Annual Meeting solely by remote communication virtually via the Internet or by phone.  Shareholders will not be able to attend the Annual Meeting in person.  </font></div><div style="line-height:120%;padding-bottom:14px;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-weight:bold;">Below are some frequently asked questions regarding the virtual-only format for our Annual Meeting.</font></div><div style="line-height:120%;padding-bottom:14px;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-style:italic;font-weight:bold;">Why is this meeting&#160;</font><font style="font-family:Arial;font-size:11pt;color:#3d3d3d;font-style:italic;font-weight:bold;">virtual</font><font style="font-family:Arial;font-size:11pt;font-style:italic;font-weight:bold;">&#160;</font><font style="font-family:Arial;font-size:11pt;color:#3d3d3d;font-style:italic;font-weight:bold;">only</font><font style="font-family:Arial;font-size:11pt;font-style:italic;font-weight:bold;">?</font><font style="font-family:Arial;font-size:11pt;">&#160; </font></div><div style="line-height:120%;padding-bottom:14px;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">The Company expects its use of a virtual-only meeting format to be a one-time occurrence, effective only for 2020 due to the coronavirus (COVID-19) pandemic. We have designed the meeting to offer the same participation opportunities to our shareholders as an in-person meeting. Our directors will attend the meeting virtually as well.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-style:italic;font-weight:bold;">How do I register to participate virtually in the Annual Meeting?</font><font style="font-family:Arial;font-size:11pt;">&#160;</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">To participate, you must </font><font style="font-family:Arial;font-size:11pt;text-decoration:underline;">first</font><font style="font-family:Arial;font-size:11pt;">&#32;register at </font><font style="font-family:Arial;font-size:11pt;font-weight:bold;">http://viewproxy.com/ArrowFinancial/2020/</font><font style="font-family:Arial;font-size:11pt;">. You will then receive further instructions once your registration has been received and confirmed. </font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">&#160;</font></div><div style="line-height:120%;padding-bottom:14px;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-style:italic;font-weight:bold;">How can I&#160;participate in the Annual Meeting?</font><font style="font-family:Arial;font-size:11pt;">&#160;</font></div><div style="line-height:120%;padding-bottom:14px;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">To participate, visit </font><font style="font-family:Arial;font-size:11pt;font-weight:bold;">http://viewproxy.com/ArrowFinancial/2020/VM</font><font style="font-family:Arial;font-size:11pt;">&#32;and follow the instructions that you receive once your registration has been confirmed.</font></div><div style="line-height:120%;padding-bottom:14px;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-style:italic;font-weight:bold;">When can I join the Annual Meeting online?</font><font style="font-family:Arial;font-size:11pt;">&#160;</font></div><div style="line-height:120%;padding-bottom:14px;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">You may begin to log into the meeting platform beginning at 3:45 p.m. Eastern Daylight Time on Wednesday, May 6, 2020. The meeting will begin promptly at 4:00 p.m. Eastern Daylight Time. We encourage our shareholders to access the meeting prior to its start time.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-style:italic;font-weight:bold;">How can I ask questions and vote?</font><font style="font-family:Arial;font-size:11pt;">&#32;</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">Shareholders may submit questions at </font><font style="font-family:Arial;font-size:11pt;font-weight:bold;">http://viewproxy.com/ArrowFinancial/2020/</font><font style="font-family:Arial;font-size:11pt;">. We encourage you to submit your questions in advance of the meeting. In addition, shareholders are urged to vote in advance of the meeting at </font><font style="font-family:Arial;font-size:11pt;font-weight:bold;">www.proxyvote.com</font><font style="font-family:Arial;font-size:11pt;">.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-style:italic;font-weight:bold;">What if I am not a shareholder and I wish to participate?</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">Generally, only shareholders may participate. Shareholders that wish to participate (whether or not they will be voting) will be required to demonstrate proof of stock ownership.  If you are a shareholder and you are experiencing issues with your registration, please email </font><font style="font-family:Arial;font-size:11pt;font-weight:bold;">virtualmeeting@viewproxy.com</font><font style="font-family:Arial;font-size:11pt;">&#32;by </font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">11:59 pm EDT on May 3, the registration deadline.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;padding-bottom:14px;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-style:italic;font-weight:bold;">What if I experience technical difficulties when attempting to access the Annual Meeting?</font><font style="font-family:Arial;font-size:11pt;">&#160;</font></div><div style="line-height:120%;padding-bottom:14px;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">Please call 1-866-612-8937</font><font style="font-family:Arial;font-size:11pt;color:#ff0000;">&#32;</font><font style="font-family:Arial;font-size:11pt;">for assistance.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-style:italic;font-weight:bold;">What if I have additional questions?</font><font style="font-family:Arial;font-size:11pt;">&#160;</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">You may contact the Company&#8217;s Corporate Secretary at 518-415-4360.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div><br></div><div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div></div>	</div></body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>defa14alogo.jpg
<TEXT>
begin 644 defa14alogo.jpg
M_]C_X  02D9)1@ ! 0$ E@"6  #_VP!#  ," @," @,# P,$ P,$!0@%!00$
M!0H'!P8(# H,# L*"PL-#A(0#0X1#@L+$!80$1,4%145# \7&!84&!(4%13_
MVP!# 0,$! 4$!0D%!0D4#0L-%!04%!04%!04%!04%!04%!04%!04%!04%!04
M%!04%!04%!04%!04%!04%!04%!04%!3_P  1"  U IT# 2(  A$! Q$!_\0
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M,@]\5FJU-RY5+4[ZF5XVE2]O.DU'O8]^HJ&XN!;V\DS#*QJ7./0#-?/?PO\
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MQ;ZEX2>5MB75\JR6P)Z;W0DI]2,>]?6=K>0WUM#<6\L=Q;S()(Y8F#(ZD9#
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M\-O&OA6;P_?^#-'BL6B,<;VEG'#+ <8#1NH!5AU%?$W_  3<O;[P7^T!\0_
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M(?!3>(M-U\>%=)AUO3G,EK?V]JD4T3%2IPR@$@@D8/%?"/\ P5$_Y*O\,?\
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MGB,%\J# %Q&Q20CT!(W8[;J_/OX/_!C3OCI^V?\ $'0=;NIH_#]MJ-]?W]G
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M$85']I7Z]ELBAH>BV/AO1[#2=-MDL].L84M[>WC&%CC0!54?0"OAO]DCX?\
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M/L>J/I<EVQ/_ %[E^A^BM%%%=A\T%%%% !1110 4444 %%%% !1110 4444
3%%%% !1110 4444 %%%% '__V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
