Bankwell raises ownership limit for shareholder Seidman to 14.99% from 9.9%

Bankwell Financial Group, Inc.

Amendment dated Dec 19, 2024 between Bankwell and Lawrence B. Seidman.
Seidman and affiliates may now purchase up to 14.99% of fully diluted common stock.
Previous 9.9% cap and tangible book value/stock price condition removed.
No other terms of the 2020 agreement were modified.

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