Vetter Galen G Stock Transaction

Vetter Galen G, a director at ALERUS FINANCIAL CORP, acquired 1772 shares of Common Stock through an annual director award under the Alerus Financial Corporation 2019 Equity Incentive Plan on May 22, 2026. The acquisition was made at a price of $0.0 per share, with the shares being restricted. Following this transaction, the post-transaction shares owned by Vetter Galen G amount to 27311. This includes 25387 shares held indirectly by an IRA and 1318 shares held indirectly by a Spouse IRA. The shares previously reported as directly-held by the reporting person are now included in this total.