Company: NSTS
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001437749-25-011792
Chunk: 8

Company: NSTS Bancorp, Inc.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 8
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 from voting on the proposal. In order to receive the requisite support from stockholders, this proposal requires the affirmative vote of a majority of the votes cast at the Annual Meeting. Broker non-votes and abstentions will not be counted as votes cast and will have no effect on the voting on this proposal. Proxies returned without voting instructions will not be voted on Proposal III.

<div align='center'>7</div>

Under rules applicable to broker-dealers, the proposal to ratify the independent registered public accounting firm is considered a “discretionary” item upon which brokerage firms may vote in their discretion on behalf of their clients if such clients have not furnished voting instructions. The proposal for the election of directors and the non-binding stockholder proposal are each considered “non-discretionary” for which brokerage firms may not vote in their discretion on behalf of clients who do not furnish voting instructions and, thus, there may be broker non-votes at the Annual Meeting. You should use the proxy card provided by the institution that holds your shares to instruct your broker how to vote your shares, or submit your vote online by following the instructions on the proxy card, to avoid your shares being considered broker non-votes.

Limitation on Voting

Our Certificate of Incorporation provides that in no event will any person who beneficially owns more than 10% of the then-outstanding shares of Common Stock be entitled or permitted to vote any of the shares of Common Stock held in excess of the 10% limit.

<div align='center'>Important Notice Regarding Internet Availability of Proxy Materials For the Stockholder Meeting to be Held on May 21, 2025

This Proxy Statement and the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 (the “2024 Annual Report”) are each available at https://ir.northshoretrust.com/sec-filings/all-sec-filings.

8

PROPOSAL I–ELECTION OF DIRECTORS</div>

Our Board of Directors is comprised of six members. Our Certificate of Incorporation provides that directors are divided into three classes, with one class of directors elected annually. Two directors have been nominated for election at the Annual Meeting to serve for a three-year period and until their respective successors will have been elected and qualified. The Board of Directors has nominated Emily E. Ansani and Thomas M. Ivantic, each to serve as a director for a three-year term expiring in 2028. Each nominee is currently a director of NSTS Bancorp