NSTS Bancorp, Inc.

NSTS Bancorp, Inc. is a Delaware corporation incorporated in September 2021, serving as a savings and loan holding company regulated by the Federal Reserve Board. The company was formed to be the stock holding company for North Shore Trust and Savings (the "Bank") following its conversion from a mutual to a stock organization, completed on January 18, 2022. NSTS Bancorp, Inc.'s executive offices are located at 700 S. Lewis Ave., Waukegan, Illinois 60085. Its common stock trades on The Nasdaq Capital Market under the symbol "NSTS." As a holding company, NSTS Bancorp, Inc. is authorized to engage in other business activities permitted by law, including potentially acquiring banking and financial services companies. Currently, it has no agreements to acquire other financial institutions. The company's cash flow relies on earnings from investing the net proceeds of its stock offering and any dividends received from North Shore Trust and Savings, which are subject to regulatory limitations. NSTS Bancorp, Inc. does not own or lease property but pays North Shore Trust and Savings for the use of its premises, furniture, and equipment. Its officers are also officers of North Shore Trust and Savings, and it utilizes and compensates the Bank's support staff for time devoted to NSTS Bancorp, Inc.