ITEM 5.07 Submission of Matters to a Vote of Security Holders

(a) An Annual Meeting of Shareholders (the "Annual Meeting") of Catalyst Bancorp,

Inc. (the "Company") was held on May 17, 2022.

There were 5,290,000 shares of common stock of the Company eligible to be

(b) voted at the Annual Meeting and 3,944,814 shares represented in person or by

proxy at the Annual Meeting, which constituted a quorum to conduct business

at the meeting.

The items voted upon at the Annual Meeting and the votes for each proposal were as follows:

1. Election of directors for a three-year term:




                    For     Withheld  Broker Non-votes
Todd A. Kidder   2,673,774  559,086       711,954
Kirk E. Kleiser  2,966,675  266,185       711,954

2. To adopt the Company's 2022 Stock Option Plan:




   For     Against  Abstain  Broker Non-votes
2,904,710  301,729  26,421       711,954

3. To adopt the Company's 2022 Recognition and Retention Plan and Trust


    Agreement:


   For     Against  Abstain  Broker Non-votes
2,871,253  322,392  39,215       711,954

To ratify the appointment of Castaing, Hussey & Lolan, LLC as the Company's

4. independent registered public accounting firm for the year ending December 31,


    2022.


   For     Against  Abstain
3,700,408  224,303  20,103

5. To adopt a non-binding resolution to approve the compensation of the Company's

named executive officers:




   For     Against  Abstain  Broker Non-votes
2,856,735  295,854  80,271       711,954


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6. Advisory vote on the frequency of the non-binding resolution to approve the

compensation of the Company's named executive officers:




Every 3 Years  Every 2 Years  Every Year  Abstain  Broker Non-votes
  1,786,504       36,251      1,295,114   114,991      711,954

At the Annual Meeting, the shareholders of the Company elected each of the nominees as director, adopted the 2022 Stock Option Plan, adopted the 2022 Recognition and Retention Plan and Trust Agreement, adopted the non-binding resolution to approve the compensation of the Company's named executive officers, approved an advisory vote that the frequency of voting on a non-binding resolution to approve compensation of the Company's named executive officers be every three years, and adopted the proposal to appoint the Company's independent registered public accounting firm.

(c) Not applicable

At the Annual Meeting, the Company's shareholders recommended, on an advisory

basis, that the Company's future advisory votes on executive compensation

(d) should be held every three years. Consistent with the shareholder

recommendation, the Board of Directors of the Company determined that it will

hold an advisory vote on executive compensation every three years.

ITEM 9.01 Financial Statements and Exhibits



(a) Not applicable.

(b) Not applicable.

(c) Not applicable.

(d) Exhibits

The following exhibits are included herein:

Exhibit Number Description


     104        Cover Page Interactive Data File. Embedded within the Inline XBRL document.


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Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CATALYST BANCORP, INC.

Date: May 19, 2022  By: /s/ Joseph B. Zanco
                        Joseph B. Zanco
                        President and Chief Executive Officer


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