Company: NECB
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001104659-25-034190
Chunk: 8

Company: NorthEast Community Bancorp, Inc./MD/
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 8
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 Directors oversees risks associated with the independence of our Board of Directors and potential conflicts of interest and also is responsible for review and oversight of our environmental, social and governance policies and activities. Insider Trading Policy The Company has adopted insider trading policies and proceduresgoverning the purchase, sale, and other dispositions of the Company’s common stock by directors, officers, employees and the Company itself that have been reasonably designed to promote compliance with insider trading laws, rules and regulations, and any listing standards of the Nasdaq Stock Exchange. A copy of the policy is filed as Exhibit 19.1 to the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024. Policies and Practices Related to the Grant of Equity Awards The Company does not have a formal policy on the timing of any new equity awards under its 2022 Equity Incentive Plan. It has been the Company’s practice to not grant equity awards in anticipation of the release of material, non-public informationor to time the release of material, non-public information based on equity grant dates. No equity awards were made to our named executive officers or non-employee directors in 2024. Meetings and Committees of the Board of Directors NorthEast Community Bancorp and NorthEast Community Bank conduct business through meetings of their boards of directors and their committees. NorthEast Community Bancorp’s board of directors held 7 regular meetings, and no special meetings during the fiscal year ended December 31, 2024. NorthEast Community Bank’s board of directors held 12 regular meetings during the fiscal year ended December 31, 2024. The Company and the Bank held one joint meeting in 2024. No director attended fewer than 100% of the total meetings of the board of directors of NorthEast Community Bancorp and the committees on which such director served during the fiscal year ended December 31, 2024. 5 The following table identifies our standing committees and their members as of April 4, 2025. All members of the Audit Committee, Compensation Committee and Nominating Committee are independent in accordance with the listing standards of the Nasdaq Stock Market and the rules and regulations of the Securities and Exchange Commission.

| Director                          |     Audit 
 Committee | Compensation 
    Committee | Nominating/ 
   Corporate 
  Governance 
   Committee |
| Diane B. Cavanaugh                |           |           X* |           X |
| Charles M. Cirillo                |        X* |              |           X |
| Eugene M