Security Midwest Bancorp receives all regulatory approvals for mutual-to-stock conversion and IPO; closing July 31

Security Midwest Bancorp, Inc.

All regulatory approvals received for conversion from mutual to stock form and initial public offering; close expected July 31, 2025.
Offering of 889,781 shares at $10/share for ~$8.9M gross proceeds; includes 62,285 shares for Employee Stock Ownership Plan.
Common stock expected to be quoted on OTCQB Market beginning August 1, 2025; ticker symbol assignment pending.
Subscription Offering closed June 20; Community Offering closed July 10; all valid orders filled subject to purchase limitations.
Pacific Stock Transfer plans to mail DRS Book-Entry statements and interest checks on or about August 1, 2025.

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