Coastal Financial CFO Brandon Soto to step down Aug 15; Joel Edwards named interim CFO

COASTAL FINANCIAL CORP

Brandon Soto departs as CFO effective Aug 15, 2026, to become CEO of a fintech bank subsidiary.
Joel Edwards, former CFO (2012-2025) and current advisor, appointed interim CFO effective Aug 15.
Company will commence a search for a permanent CFO, considering internal and external candidates.
Soto will remain through filing of Q2 2026 Form 10-Q; separation includes waiver of notice and $15k bonus repayment.
Soto's departure is not related to any disagreements with the Company.

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