MHC to seek member vote on dividend waiver up to $1.13/share for next 12 months

TFS Financial CORP

Special meeting of MHC members on July 8, 2025 to vote on waiving dividends on MHC's 80.9% stake.
Dividend waiver covers up to $1.13 per share in quarterly dividends declared in the 12 months after the vote.
Failure to obtain waiver likely results in reduction of dividends paid to public stockholders.
Previous member approval obtained July 2024 covers through July 2025; this is an annual regulatory requirement.
Chairman Marc Stefanski urges members to vote FOR, citing mission and interest of customers and shareholders.

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