CF Bankshares amends CEO O'Dell and President Ringwald change-of-control severance terms

CF BANKSHARES INC.

CEO O'Dell change-of-control payout revised to 2x (base salary + avg of last 2 years' cash bonuses and equity at grant FMV).
President Ringwald change-of-control multiplier increased to 1.5x (base salary + avg annual bonus over prior 24 months).
O'Dell's 2024 bonus opportunity unchanged at 125% of base salary.
Amendments also specify bonus determination process and timing by Compensation Committee.
Both amendments effective June 6, 2024.

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