Timberland Bancorp (TSBK) Proxy Filing summary

Voting matters and shareholder proposals

• Shareholders are asked to ratify the appointment of Aprio, LLP as the independent registered public accounting firm for the fiscal year ending September 30, 2026, following the merger of Delap LLP with Aprio, LLP effective January 1, 2026.

• Any votes cast for Delap LLP on Proposal 3 will be counted as votes for Aprio, LLP as the legal successor.

• The proxy card remains valid, and shareholders do not need to vote again unless they wish to change or revoke their prior vote.

Audit committee and external auditor matters

• The audit committee approved the appointment of Aprio, LLP as the new independent registered public accounting firm after Delap LLP resigned due to the merger.

• Delap's audit reports for the past three years contained no adverse opinions, disclaimers, or modifications.

• No disagreements or reportable events occurred with Delap during the relevant periods.

• There were no consultations with Aprio regarding accounting principles or audit opinions prior to their appointment.

• Delap provided a letter to the SEC confirming agreement with the company's disclosures about the auditor transition.

Board of directors and corporate governance

• The board of directors unanimously recommends voting in favor of ratifying Aprio, LLP as the independent registered public accounting firm.