Lake Shore Bancorp, Inc. Announces Results of Special Meetings of Stockholders and Members

Core Viewpoint - Lake Shore Bancorp, Inc. has received approval from stockholders and members for its conversion plan from a mutual holding company to a fully public stock holding company, along with the Bank's transition to a New York chartered commercial bank [1] Group 1: Company Overview - Lake Shore Federal Bancorp is the mid-tier holding company for Lake Shore Savings Bank, which is a federally chartered, community-oriented financial institution based in Dunkirk, New York [4] - The Bank operates ten full-service branch locations in Western New York, providing a wide range of retail and commercial lending and deposit services [4] - Lake Shore Federal Bancorp's common stock is traded on the NASDAQ Global Market under the ticker symbol "LSBK" [4] Group 2: Conversion and Reorganization - The special meetings held on July 1, 2025, resulted in the approval of the Amended and Restated Plan of Conversion and Reorganization [1] - The completion of the conversion and stock offering is contingent upon receiving final regulatory approvals and meeting customary closing conditions [2]