Director Boris Gutin resigns from CoastalSouth board effective Nov. 19, 2025

CoastalSouth Bancshares, Inc.

Boris Gutin resigned from the Board, effective November 19, 2025.
He was originally designated by GCP Capital Partners, an investor in the company's 2017 recapitalization.
Resignation due to GCP's practice of not having representatives on public company boards after the IPO.
Gutin expressed strong support for the company; resignation not due to any disagreement.
Board thanked Gutin for his dedicated service and contributions.

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