Marathon Bancorp Files Definitive Proxy Statement

Ticker: MBBC · Form: DEF 14A · Filed: Oct 11, 2024 · CIK: 1835385

Sentiment: neutral

Topics: proxy-statement, annual-meeting, governance

TL;DR

MARATHON BANCORP (MD) FILED ITS PROXY STATEMENT - GET READY FOR ANNUAL MEETING VOTES.

AI Summary

Marathon Bancorp, Inc. (MD) filed a definitive proxy statement (DEF 14A) on October 11, 2024, for its fiscal year ending June 30, 2024. The filing, made under the 1934 Securities Exchange Act, concerns the company's annual meeting and related corporate governance matters. Marathon Bancorp, headquartered in Wausau, WI, operates as a savings institution not federally chartered.

Why It Matters

This filing provides shareholders with essential information regarding the company's governance and upcoming voting matters, allowing them to make informed decisions at the annual meeting.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) providing information to shareholders and does not indicate any immediate financial distress or unusual corporate activity.

Key Numbers

Key Players & Entities

FAQ

What is the purpose of a DEF 14A filing?

A DEF 14A filing, or Definitive Proxy Statement, is used by companies to solicit proxy votes from shareholders for their annual or special meetings, providing detailed information on matters to be voted upon.

When was this specific DEF 14A filing made by Marathon Bancorp?

Marathon Bancorp filed this Definitive Proxy Statement on October 11, 2024.

What is Marathon Bancorp's primary business classification?

Marathon Bancorp is classified under Standard Industrial Classification code 6036, which pertains to Savings Institutions, Not Federally Chartered.

Where is Marathon Bancorp, Inc. headquartered?

Marathon Bancorp, Inc. is headquartered at 500 Scott Street, Wausau, WI 54403.

What is the SEC file number for Marathon Bancorp?

The SEC file number for Marathon Bancorp is 000-56269.

Filing Stats: 4,863 words · 19 min read · ~16 pages · Grade level 11.2 · Accepted 2024-10-11 13:00:55

Key Financial Figures

Filing Documents

From the Filing

DEF 14A 1 tmb-20241119xdef14a.htm DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a-12 Marathon Bancorp, Inc. (Name of Registrant as Specified in Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11. October 16, 2024 Dear Fellow Stockholder: We cordially invite you to attend the 2024 Annual Meeting of Stockholders of Marathon Bancorp, Inc. The Annual Meeting will be held at Marathon Bank, located at 500 Scott Street, Wausau, Wisconsin on November 19, 2024, at 9:00 a.m., local time. The enclosed Notice of Annual Meeting and Proxy Statement describe the formal business to be transacted. During the annual meeting we will also report on the operations of Marathon Bancorp, Inc. Also enclosed for your review is our Annual Report for the year ended June 30, 2024, which contains information concerning our activities and operating performance. Our directors and officers, as well as a representative of our independent registered public accounting firm, will be present to respond to any questions that stockholders may have. The business to be conducted at the annual meeting consists of the election of a director and the ratification of the appointment of Bonadio & Co., LLP as our independent registered public accounting firm for the year ending June 30, 2025. The Board of Directors has determined that the matters to be considered at the annual meeting are in the best interest of Marathon Bancorp, Inc. and its stockholders, and the Board of Directors unanimously recommends a vote "FOR" each matter to be considered. On behalf of the Board of Directors, we urge you to sign, date and return the enclosed proxy card as soon as possible, even if you currently plan to attend the annual meeting. This will not prevent you from voting in person, but will assure that your vote is counted if you are unable to attend the annual meeting. Your vote is important, regardless of the number of shares that you own. Our Proxy Statement and the 2024 Annual Report are available at www.cstproxy.com/marathon/2024. Sincerely, Nicholas W. Zillges President and Chief Executive Officer Marathon Bancorp, Inc. 500 Scott Street Wausau, Wisconsin 54403 (715) 845-7331 NOTICE OF ANNUAL MEETING OF STOCKHOLDERS To Be Held On November 19, 2024 Notice is hereby given that the 2024 Annual Meeting of Stockholders of Marathon Bancorp, Inc. will be held at 500 Scott Street, Wausau, Wisconsin on November 19, 2024 at 9:00 a.m., local time. A Proxy Card and Proxy Statement for the annual meeting are enclosed. The annual meeting is for the purpose of considering and acting upon: 1. the election of one director; 2. the ratification of the appointment of Bonadio & Co., LLP as our independent registered public accounting firm for the year ending June 30, 2025; and such other matters as may properly come before the annual meeting, or any adjournments thereof. The Board of Directors is not aware of any other business to come before the annual meeting. Any action may be taken on the foregoing proposals at the annual meeting on the date specified above, or on the date or dates to which the annual meeting may be adjourned. Stockholders of record at the close of business on September 27, 2024 are the stockholders entitled to vote at the annual meeting, and any adjournments thereof. EACH STOCKHOLDER, WHETHER HE OR SHE PLANS TO ATTEND THE ANNUAL MEETING, IS REQUESTED TO SIGN, DATE AND RETURN THE ENCLOSED PROXY CARD WITHOUT DELAY IN THE ENCLOSED POSTAGE-PAID ENVELOPE. ANY PROXY GIVEN BY THE STOCKHOLDER MAY BE REVOKED AT ANY TIME BEFORE IT IS VOTED. A PROXY MAY BE REVOKED BY FILING WITH THE CORPORATE SECRETARY OF MARATHON BANCORP, INC. A WRITTEN REVOCATION OR A DULY EXECUTED PROXY CARD BEARING A LATER DATE. ANY STOCKHOLDER PRESENT AT THE ANNUAL MEETING MAY REVOKE HIS OR HER PROXY AND VOTE PERSONALLY ON EACH MATTER BROUGHT BEFORE THE ANNUAL MEETING. HOWEVER, IF YOU ARE A STOCKHOLDER WHOSE SHARES ARE NOT REGISTERED IN YOUR OWN NAME, YOU WILL NEED ADDITIONAL DOCUMENTATION FROM YOUR RECORD HOLDER IN ORDER TO VOTE IN PERSON AT THE ANNUAL MEETING. ATTENDANCE AT THE ANNUAL MEETING WILL NOT IN ITSELF CONSTITUTE REVOCATION OF YOUR PROXY. By Order of the Board of Directors Julie D'Acquisto Corporate Secretary Wausau, Wisconsin October 16, 2024 IMPORTANT:

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