Waterstone Financial authorizes repurchase of up to 2M shares (9.3% of outstanding)

Waterstone Financial, Inc.

Board authorized repurchase of up to 2,000,000 shares (approx. 9.3% of outstanding common stock).
Repurchase program to commence on or about May 26, 2023.
Previous program repurchased 3,500,000 shares at weighted average price of $17.25 per share.
Repurchases may be made via open market, block trades, private transactions, or Rule 10b5-1 plan.
Program may be suspended, terminated, or modified at any time; no obligation to repurchase any specific number.

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