PSB Holdings, Inc. · OTC:PSBQ
PSB — Shareholder Meeting (September 2026)
17 slides from PSB's shareholder meeting presentation, Sep 2, 2026
Slide 1: PSB Special Shareholder Meeting
PSB Special Shareholder Meeting September 2, 2026
Slide 2: Kevin J. Kraft, Chairman
Kevin J. Kraft Chairman PSB Holdings, Inc. Peoples State Bank
Slide 3: Scott M. Cattanach, President & CEO
Scott M. Cattanach President & CEO PSB Holdings, Inc. Peoples State Bank
Slide 4: Agenda
Agenda • Overview of Merger Proposal • Call Business Meeting to Order • Motion on Merger Proposal #1 • Shareholder Discussion and Q&A • Shareholder Vote on Merger Proposal • Inspector of Elections Certification of Vote • Shareholder Celebration
Slide 5: Merger Considerations
Merger Considerations (OLDINGS, INC.
Slide 6: Shareholder Impacts
Shareholder Impacts (OLDINGS, INC.
Slide 7: Combined Branch Map
Combined Branch Map Minocqua e Wausau 7 Weueau °. Marathon © Te weston Shawano ° Clintonvile Sturgeon Bay e Stevens Point Howard | | @ lola Waupaca © Asem Oshkosh Woutome @ 5 Fond duLac @ fe ©) snepoyeen Pymeuth © Pardeeville © Poynette Cedarburg ry © Watertown, Cambridge A Weukesha Janes ) n clreon
Slide 8: Bank First Stock Performance (Total Return)
BANK FIRST STOCK PERFORMANCE (Total Return) Value of $100 invested on August 1, 2016 (10 year) $700 $623.54 $600 10 yr. compounded annual 5 yr. compounded annual growth rate: growth rate: BFC = 20.1% BFC = 19.4% $500 Russell 2000 = 9.2% Russell 2000 = 5.3% S&P Regional Banking ETF S&P Regional Banki
Slide 9: Community Investments 2025
Community Investments 2025 2025 Community Impact Stone Bonk met Total Donations/Sponsorships $270,000 | $972,400 | Total Volunteer Hours | 5,735 | 8,670 Employee Volunteer Participation 59% 55% Volunteer Hours per Employee 43 42 ALSB
Slide 10: Merger Metrics
Merger Metrics • Shareholders receive 0.347 share of Bank First for every 1 share of PSB • Shareholders follow a transmittal exchange process to convert the PSB shares to Bank First shares beginning December 4 • No cash paid at closing • No taxation of the merger value at closing. Taxation is due wh
Slide 11: PSB Stock Performance – 3 years ending 8/3/26
PSB Stock Performance – 3 years ending 8/3/26 May 19 merger announcement date
Slide 12: Merger Metrics
Merger Metrics • Shareholders receive 0.347 share of Bank First for every 1 share of PSB • Shareholders follow a transmittal exchange process to convert the PSB shares to Bank First shares beginning December 4 • No cash paid at closing • No taxation of the merger value at closing. Taxation is due wh
Slide 13: December 4 Closing Date
December 4 Closing Date • More information to come on the share exchange process • Will need to gather all existing paper certificates
Slide 14: Bank First Introductions
Bank First Introductions (OLDINGS, INC.
Slide 15: Tim McFarlane, President, Bank First
Tim McFarlane President Bank First
Slide 16: Business Meeting
Business Meeting (OLDINGS, INC.
Slide 17: Thank You
Thank You (OLDINGS, INC.