Amendment to Change in Control Agreement

On December 17, 2025, ECB Bancorp, Inc. and Everett Co-operative Bank approved an amendment to the Change in Control Agreement with John Migliozzi, Executive Vice President and Chief Lending Officer. The amendment increases the severance multiplier from 2.0x to 2.5x. All other terms of the agreement remain unchanged. The original agreement was filed on December 22, 2022, and details can be found in the company's 2025 annual shareholders meeting proxy statement filed on April 11, 2025.