Exhibit 1

 

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a Statement on Schedule 13D (including additional amendments thereto) with respect to the shares of Common Stock, par value $0.01 per share, of Lake Shore Bancorp, Inc. This Joint Filing Agreement shall be filed as an Exhibit to such Statement.

 

Stilwell Activist Fund, L.P.
 
By:

/s/ Megan Parisi

 
  Megan Parisi, Member of Stilwell Value LLC, its General Partner
Date: 07/30/2025

 

Stilwell Activist Investments, L.P.
 
By:

/s/ Megan Parisi

 
  Megan Parisi, Member of Stilwell Value LLC, its General Partner
Date: 07/30/2025

 

STILWELL PARTNERS L P
 
By:

/s/ Megan Parisi

 
  Megan Parisi, Member of Stilwell Value LLC, its General Partner
Date: 07/30/2025

 

Stilwell Value LLC
 
By:

/s/ Megan Parisi

 
  Megan Parisi, Member
Date: 07/30/2025

 

STILWELL JOSEPH
 
By:

/s/ Joseph Stilwell

 
  Joseph Stilwell*
Date: 07/30/2025

 

Megan Parisi
 
By:

/s/ Megan Parisi

 
  *Megan Parisi, Attorney-in-Fact
Date: 07/30/2025