Pioneer Bancorp, Inc.

Pioneer Bancorp, Inc. is a Maryland corporation that operates primarily through its wholly-owned subsidiary, Pioneer Bank, National Association. The Bank was initially chartered in 1889 as a New York state chartered savings bank and converted to a national bank on April 1, 2024, following approval by the Office of the Comptroller of the Currency. On July 17, 2019, Pioneer Bancorp, Inc. became the holding company for the Bank after completing a stock offering and reorganizing the Bank into a two-tier mutual holding company structure. The Company's common stock is traded on the Nasdaq Capital Market under the symbol "PBFS." Pioneer Bancorp, Inc. is subject to regulation and examination by the Board of Governors of the Federal Reserve System. Pioneer Bancorp, MHC, a New York mutual holding company, owns a majority of the outstanding shares of Pioneer Bancorp, Inc.'s common stock. Its principal assets are the common stock of Pioneer Bancorp, Inc. and $100,000 in initial cash capitalization. Pioneer Bancorp, MHC's expected primary business activity is to own a majority of Pioneer Bancorp, Inc.'s common stock, though it is authorized to engage in other permissible business activities for mutual holding companies under New York law, including investing in loans and securities.