Columbia Financial hires KBW for stock offering; subscription fee 1%, community fee 2%, underwriting discounts up to 5%

Columbia Financial, Inc./MD/

• Agreement with KBW covers best-efforts subscription/community offerings and potential firm-commitment underwriting.
• KBW receives 1.0% fee on subscription offering shares and 2.0% on community offering shares, excluding insider purchases.
• Underwriting discount ranges from 5% (proceeds <$300M) to 3.15% (proceeds >$700M), sliding scale.
• Shares offered under Form S-1 registration (No. 333-294103) with prospectus dated May 11, 2026.
• Parties include Columbia Financial (MD & DE), Columbia Bank MHC, and Columbia Bank.