Citizens Community Bancorp (CZWI) investor relations material

Executive summary

• Annual Meeting scheduled for June 16, 2026, to vote on director elections, the 2026 Omnibus Incentive Plan, a non-binding say-on-pay proposal, and auditor ratification.

• Stockholders of record as of April 10, 2026, are eligible to vote; proxy voting is available online or by mail.

• Proxy solicitation is managed by Regan & Associates for a fee of $16,000.

Voting matters and shareholder proposals

• Election of three directors (Michael Conner, Francis Felber, Nicholas Amundsen) for three-year terms.

• Approval of the 2026 Omnibus Incentive Plan to reserve 300,000 shares for equity awards.

• Advisory vote on executive compensation (say-on-pay).

• Ratification of Crowe LLP as independent auditor for fiscal year 2026.

• Shareholder proposals for the 2027 meeting must be submitted by December 30, 2026, for inclusion.

Board of directors and corporate governance

• Board consists of a majority of independent directors as per NASDAQ rules.

• Board committees: Audit, Compensation, Governance & Nomination, and Bank's Risk Oversight.

• Lead Director role transitions to Kathleen S. Skarvan after the meeting.

• Board and committee charters, code of ethics, and governance guidelines are available online.

• Stock ownership guidelines require directors and executives to hold multiples of their compensation in company stock.