AMENDMENT TO STANDSTILL AGREEMENTStandstill Agreement • April 2nd, 2019 • MB Bancorp Inc • Savings institution, federally chartered • Maryland
This Amendment, dated this 27th day of March, 2019 (the “Amendment”), to the Standstill Agreement, dated February 20, 2018 (the “Standstill Agreement”), is by and among MB Bancorp, Inc. (the “Company”), Stilwell Activist Fund, L.P. (“Activist Fund”), Stilwell Activist Investments, L.P. (“Activist Investments”), Stilwell Partners, L.P. (“Stilwell Partners”), Stilwell Value LLC (“Stilwell Value”), and Joseph Stilwell, an individual (collectively, with Activist Fund, Activist Investments, Stilwell Partners, and Stilwell Value, the “Stilwell Group,” and each individually, a “Stilwell Group Member”), and Corissa B. Porcelli (formerly known as Corissa J. Briglia), an individual (the “Nominee”).
AMENDMENT TO STANDSTILL AGREEMENTStandstill Agreement • April 2nd, 2019 • MB Bancorp Inc • Savings institution, federally chartered • Maryland
This Amendment, dated this 27th day of March, 2019 (the “Amendment”), to the Standstill Agreement, dated February 20, 2018 (the “Standstill Agreement”), is by and between MB Bancorp, Inc. (the “Company”) and Jeffrey Thorp (the “Nominee”).
