On August 31, 2023, Southern Missouri Bancorp, Inc. the holding company for Southern Bank (the ?Bank?), hired Stefan Chkautovich to serve as the Company?s Executive Vice President, Chief Financial Officer and Principal Accounting Officer, effective September 18, 2023. Mr. Chkautovich, age 38, joins the Company from Midwest Regional Bank, a bank headquartered in St. Louis, Missouri, with approximately $1.0 billion in assets, where he served as Chief Financial Officer since March 2022.

Prior to joining Midwest Regional Bank, Mr. Chkautovich worked at Kennedy Capital Management, in St. Louis, Missouri from August 2016 to March 2022, where he served in several capacities, with the last one being a manager of Kennedy Capital?s Bank Sector Strategy. From May 2007 to July 2016, he served in several positions for the Federal Reserve Bank at St.

Louis, with the last one being Senior Bank Examiner. Except as set forth above, there are no material plans, contracts or other arrangements (or amendments thereto) to which Mr. Chkautovich is a party, or in which he participates, that was entered into or amended, in connection with Mr. Chkautovich being appointed as Executive Vice President, Chief Financial Officer and Principal Accounting Officer of the Company and the Bank. Matthew T. Funke, who has been serving as the Interim Chief Financial Officer (and principal financial and accounting officer) prior to Mr. Chkautovich?s appointment, will continue to serve as the Company?s President, Chief Administrative Officer and Principal Financial Officer.