IF Bancorp enters standstill with Stilwell Group; appoints Dworschak to board

IF Bancorp, Inc.

Appointed Scott J. Dworschak to boards of IF Bancorp and Iroquois Federal Savings Bank, class expiring at 2026 annual meeting.
Term runs until March 31, 2026 or earlier closing of a Company Transaction; Stilwell Group restricted from acquiring shares or proposing M&A.
If after March 31, 2026, Nov 2024 meeting matters not substantially implemented, Stilwell may request an additional board nominee.
Stilwell Group and Dworschak agreed to customary standstill, voting support for Board-recommended nominees, and no proxy contests.

item 1.01item 9.01

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