Catalyst Bancorp Inc

1. 1

   Election of Directors (Proposal One

   ManagementBoard: FOR

   Elect two directors (Frederick R. Lafleur and Matthew L. Scruggins) for three-year terms expiring in 2029.

2. 2

   Ratification of Appointment of Independent Registered Public Accounting Firm (Proposal Two

   ManagementBoard: FOR

   Ratify the appointment of BDO USA, P.C. as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.

   More detail

   This proposal asks shareholders to ratify the appointment of BDO USA, P.C. as Catalyst Bancorp’s independent registered public accounting firm for fiscal year 2026. Management is seeking shareholder approval primarily as a matter of good corporate governance and to provide shareholders an opportunity to ratify the Audit Committee’s appointment, even though the Audit Committee selected and pre-approved the engagement in advance. The context includes a recent auditor transition: HORNE LLP resigned following a business combination where its partners/staff joined BDO, and Castaing served as auditor earlier in 2025; the Audit Committee reviewed the circumstances and appointed BDO with consideration of independence and continuity. The Board states there were no reportable disagreements with HORNE and no consultations with BDO prior to engagement; the recommendation rationale emphasizes the Audit Committee’s oversight, pre-approval process and BDO’s independence. Shareholder ratification is routine but provides a check on auditor independence; the Board’s recommendation is FOR given the Audit Committee’s review and the lack of adverse disclosures regarding the transition.

Upcoming shareholder meetings at Catalyst Bancorp Inc’s closest sector peers — compare boards, ballots, and ownership across the cohort.

When is the Catalyst Bancorp Inc 2026 annual meeting?

Catalyst Bancorp Inc (CLST) holds its 2026 annual shareholder meeting on Tuesday, May 19, 2026.

What is the record date for the Catalyst Bancorp Inc 2026 meeting?

The record date for the Catalyst Bancorp Inc 2026 meeting is Monday, March 30, 2026. Shareholders of record on or before that date are eligible to vote.

Who are the director nominees for Catalyst Bancorp Inc's 2026 meeting?

The board is presenting 2 director nominees at the Catalyst Bancorp Inc 2026 meeting, listed with their independence status and background.

What proposals will shareholders vote on at the Catalyst Bancorp Inc 2026 meeting?

Shareholders will vote on 2 proposals at the Catalyst Bancorp Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.