(d) On February 26, 2019, the Boards of Directors of MSB Financial Corp. (the “Registrant”) and its wholly-owned subsidiary, Millington Bank, appointed Anthony M. Bruno to their respective Boards. He has been appointed to the class of directors, the term of which expires at the 2020 Annual Meeting and has been appointed to the Audit Committee. Since July 2016, Mr. Bruno has served as Chief Operating Officer of PF Compass, a firm specializing in the provision and management of employee benefit plans. Prior to joining PF Compass, Mr. Bruno was employed by Valley National Corporation and its wholly owned subsidiary, Valley National Bank, serving as President of Wealth Management and Insurance Services and First Senior Vice President of Valley National Bank, positions he held from July 2008 to June 2016. From 1995 until its sale in 2008 to Valley National Corporation, Mr. Bruno was a founding director and held numerous bank positions including Chairman, President and Chief Executive Officer of Greater Community Bank and Greater Community Bancorp. There are no transactions between Mr. Bruno on the one hand and the Registrant or Millington Bank on the other of the type required to be disclosed by Item 404(a) of Regulation S-K.