Third Federal Dividend Waiver Frequently Asked Questions

Why are you asking me to vote?

Every year, we ask you to vote FOR a proposal for our Mutual Holding Company (MHC) to waive its receipt of cash dividends during the year. Because we are required by regulators to solicit your vote annually, we are asking you once again to vote FOR the waiver in 2026.

I voted in 2025. Why are you asking for my vote again?

The Federal Reserve requires that we ask for a vote of our Mutual Holding Company (MHC) members annually. As a voting member of the MHC your FOR vote will allow us to waive quarterly dividend payments to the MHC, so that dividends are paid only to our public stockholders. The MHC does not need the capital. Instead, we may invest our capital to continue to offer customers low mortgage rates and the highest rates we can on deposits.

What happens if I do not vote?

Not casting a vote on the dividend waiver proposal has the same effect as a NO vote. Since we require the approval of a majority of the eligible votes of our members to waive the dividend payments to our MHC, it is very important that you vote FOR the dividend waiver.

Will my vote affect my relationship with Third Federal?

No. Your vote has no impact on your relationship with us.

How much time do I have to vote?

All votes must be received by July 6, 2026.

How do I vote?

There are several ways to vote:

• By Mail: You can mark your vote and sign each proxy card that you received, as you may have multiple proxy cards in your envelope. Return them in the enclosed proxy reply envelope you received in your proxy material.
• In branch: Drop your completed proxy in the Dividend Waiver Proposal voting box in any Third Federal branch.
• By Phone: Call 1-855-773-1621.
• By Internet: Visit our proxy site at www.proxypush.com/TFSL and follow the voting instructions.
• By Mobile Device: Go to m.proxypush.com/TFSL

Please vote promptly, as not voting has the same effect as voting against the dividend waiver.

How can I get more information?

If you have questions about voting, please call 1-888-742-1305, Monday through Friday 9 a.m. - 5 p.m., EDT.