JOSEPH STILWELL SAYS HE HAS SERVED NOTICE OF INTENT TO NOMINATE MARK ALCOTT FOR ELECTION AS DIRECTOR AT CATALYST BANCORP'S UPCOMING 2027 ANNUAL MEETING, AND HAS SUBMITTED A NON-BINDING PROPOSAL TO

THE BOARD SEEKING SHAREHOLDER APPROVAL OF A REQUEST FOR THE BOARD TO TAKE STEPS TO EFFECTUATE A SALE OF THE COMPANY

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