On April 30, 2020, Standard AVB Financial Corp. (Company) and Standard Bank, PaSB (Bank) entered into an amendment to the employment agreements with each of Timothy K. Zimmerman, Chief Executive Officer of the Company and Bank, and Andrew W. Hasley, President of the Company and Bank. Under the terms of the Amendments, which are effective as of July 1, 2020, Mr. Hasley will be appointed President and Chief Executive Officer of the Company and the Bank and Mr. Zimmerman will be appointed Senior Executive Vice President and Chief Operating Officer of the Company and the Bank.