On March 17, 2026, EWSB Bancorp, Inc. announced an amendment to its bylaws during a board meeting. The amendment removes the requirement that directors must maintain their principal residence in Outagamie, Winnebago, or Calumet Counties, Wisconsin, to be eligible to serve on the board. This change is expected to broaden the pool of potential candidates for the board, allowing for a more diverse range of perspectives and expertise. The amended bylaws have been filed as Exhibit 3 to the current report on Form 8-K. The decision reflects the company's commitment to governance and adaptability in its leadership structure. The board believes that this change will enhance its ability to attract qualified individuals who can contribute to the company's strategic goals, regardless of their geographic location. The amendment is seen as a positive step towards modernizing the governance framework of the company, aligning it with best practices in corporate governance. The company continues to focus on operational execution and strategic outlook as it navigates the evolving financial landscape.

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