On February 7, 2024, the Board of Directors of BankFinancial Corporation expanded its size to eight members from six members, and elected Aaron O?Connor and Benjamin Mackovak to the Company?s Board of Directors to fill the vacancies created by the increase in the size of the Board of Directors, effective immediately. Mr. O?Connor is a member of the class of directors whose term expires at the 2025 Annual Meeting of the Stockholders of the Company, and Mr. Mackovak is a member of the class of directors whose term expires at the 2026 Annual Meeting of the Stockholders of the Company. Mr. O?Connor has previously served as a member of the Board of Directors of BankFinancial, NA, the Company?s wholly owned subsidiary.

Mr. O?Connor is a certified public accountant and is a partner with Bridge CPA LLC and was formerly a partner at the public accounting firm PKF Mueller and a financial services partner with the public accounting firm Crowe LLP. Mr. O?Connor has served on the board of directors of BankFinancial NA since January, 2023. Mr. O?Connor will serve as a director of BankFinancial Corporation in the class of directors with terms expiring at BFIN?s 2025 Annual Meeting of stockholders.

Mr. Mackovak is a co-founder and managing member of Strategic Value Bank Partners, LLC, an investment firm based in Cleveland, Ohio that invests in community banks. Strategic Value Bank Partners is one of BankFinancial Corporation?s larger institutional stockholders. Mr. Mackovak has significant current and prior experience as a board member of other community banks and thrifts.

Prior to co-founding Strategic Value Bank Partners, Mr. Mackovak had senior leadership roles and experience with several investment analysis and advisory firms since 2004. Mr. Mackovak will serve as a director of BankFinancial Corporation in the class of directors with terms expiring at BFIN?s 2026 Annual Meeting of stockholders.