Waterstone Financial Inc

The following consolidated financial statements of Waterstone Financial, Inc. and subsidiaries are filed as part of this report under Item 8, “Financial Statements and Supplementary Data”:

Report of FORVIS LLP, Independent Registered Public Accounting Firm, on consolidated financial statements. (PCAOB ID 686)

Report of CliftonLarsonAllen LLP, Independent Registered Public Accounting Firm, on consolidated financial statements. (PCAOB ID 655)

Consolidated Statements of Financial Condition – December 31, 2024 and 2023.

Consolidated Statements of Operations – Years ended December 31, 2024, 2023 and 2022.

Consolidated Statements of Comprehensive Income – Years ended December 31, 2024, 2023 and 2022.

Consolidated Statements of Changes in Shareholders’ Equity – Years ended December 31, 2024, 2023 and 2022.

Consolidated Statements of Cash Flows – Years ended December 31, 2024, 2023 and 2022.

Notes to Consolidated Financial Statements.

All schedules for which provision is made in the applicable accounting regulations of the Securities and Exchange Commission are not required under the related instructions or are inapplicable, and therefore have been omitted.

(b). Exhibits. See Exhibit Index following the signature page of this report, which is incorporated herein by reference. Each management contract or compensatory plan or arrangement required to be filed as an exhibit to this report is identified in the Exhibit Index by an asterisk following its exhibit number.