ECB Bancorp increases severance multiplier for EVP/CLO Migliozzi from 2.0x to 2.5x

ECB Bancorp, Inc. /MD/

Board approved amendment to Change in Control Agreement for John Migliozzi, EVP and Chief Lending Officer, on Dec 17, 2025.
Severance multiplier raised from 2.0x to 2.5x; all other terms of the agreement unchanged.
The original agreement was filed as Exhibit 10.3 to the Company's Form 8-K on Dec 22, 2022.

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