OTTAWA BANCORP, INC. EXTENDS STANDSTILL AGREEMENT WITH STILWELL GROUP

OTTAWA, Ill., Feb. 20, 2026 (GLOBE NEWSWIRE) -- Ottawa Bancorp, Inc. (the “Company”) (OTCQX:OTTW), the holding company for OSB Community Bank (the “Bank”), announced today that the Company has entered into an extension of its standstill agreement (the “Agreement”) with Stilwell Activist Fund, L.P., Stilwell Activist Investments, L.P., Stilwell Partners, L.P., Stilwell Value LLC, and Joseph Stilwell (collectively, the “Stilwell Group”). As a result of the extension, the Agreement will now remain in effect through the close of business on the date of the Company’s 2027 Annual Meeting of Stockholders, unless the Agreement is terminated earlier in accordance with its terms.