On December 28, 2023, the Board of Directors of Kentucky First Federal Bancorp, First Federal Savings and Loan of Hazard and First Federal Savings Bank of Kentucky appointed Tyler W. Eades, the current Chief Financial Officer of First Federal Savings and Loan of Hazard as Chief Financial Officer and Vice President of the Company and the Banks, effective as of January 2, 2024. As previously disclosed, R. Clay Hulette retired as Vice President and Chief Financial Officer of the Company, and his position as Frankfort Area President of its subsidiary First Federal Savings Bank of Kentucky, effective as of January 2, 2024. Mr. Hulette will remain a director of First Federal Savings Bank of Kentucky, a wholly owned subsidiary of the Company.

Mr. Eades, age 28, has served in various roles of the Banks since 2018. These include assistance with SEC filing, preparation of financial reports, supervision of internal audit and loan analysis, and was appointed Chief Financial Officer for First Federal Savings and Loan of Hazard in 2022. Mr. Eades is the nephew of Mr. Hulette who will continue to serve as a director of First Federal Savings Bank of Kentucky and of Teresa K. Hulette who is the Executive Vice President of First Federal Savings Bank of Kentucky.