The proceeds resulting from the sale of stock by Hometown Financial will support our business strategy.

There will be no change to account interest rates or other terms of your deposit accounts or loans at TruNorth Bank.

Deposit accounts will not be converted to stock. Your deposit accounts will continue to be insured up to the maximum legal limit by the Federal Deposit Insurance Corporation and by the Massachusetts Depositors Insurance Fund to the same extent as before the completion of the conversion and stock offering.

There will be no changes to our management and staff due to the conversion and stock offering.

WHAT IS THE CONVERSION AND STOCK OFFERING?

Pursuant to our plan of conversion, Hometown Financial Group, MHC will convert from the mutual form of organization (meaning no stockholders) to the stock form of organization, through the sale of shares of common stock of Hometown Financial Group, Inc. (“Hometown Financial”) a newly formed Maryland corporation. Upon completion of the conversion and stock offering, 100% of the common stock of Hometown Financial will be owned by public stockholders, and Hometown Financial will own 100% of TruNorth Bank. Hometown Financial Group, MHC and its subsidiary holding company, Hometown Financial Group, Inc. (a Massachusetts corporation), will cease to exist upon completion of the conversion.

WHAT IS THE TRUNORTH BANK FOUNDATION, INC. (THE “CHARITABLE FOUNDATION”)?

In connection with the conversion and stock offering, we intend to contribute to the charitable foundation a number of shares of Hometown Financial’s common stock equal to 4% of the shares sold in the stock offering. The purpose of the charitable foundation is to provide financial support to charitable organizations in the communities in which we operate and to enable our communities to share in our long-term growth. The charitable foundation will be dedicated completely to community activities and the promotion of charitable causes and may be able to support such activities in ways not presently available to us.

WILL THE CONTRIBUTION TO THE CHARITABLE FOUNDATION BE AUTHORIZED IF THE CONVERSION AND STOCK OFFERING ARE NOT APPROVED AND COMPLETED?

The funding of the charitable foundation was approved by our corporators as part of the conversion and stock offering. The contribution will occur only in connection with the completion of the stock offering.

WHAT IS THE PROPOSED MERGER?

Hometown Financial has entered into an agreement to acquire Primary Bank. Immediately following the conversion and stock offering, Primary Bank will merge with and into TruNorth Bank, with TruNorth Bank continuing as the surviving institution. In connection with the merger, shares of Primary Bank common stock issued and outstanding immediately prior to the closing date of the merger will be converted into the right to receive either shares of Hometown Financial common stock or cash.

Primary Bank is a New Hampshire-chartered bank headquartered in Bedford, New Hampshire. As of June 30, 2026, Primary Bank had $769.5 million of assets, $664.8 million of net loans and $644.2 million in deposits. Primary Bank provides a wide range of financial services for businesses and individuals in southern New Hampshire.

WHAT ARE THE REASONS FOR THE CONVERSION AND STOCK OFFERING?

We believe the stock holding company form of organization will provide us with access to additional resources to strengthen our capital position and pursue organic growth, better positioning TruNorth Bank to compete effectively as an independent community bank. Our primary reasons for converting and raising additional capital through the stock offering are to: support our focus on organic growth, including growth in commercial lending; enhance our capital and liquidity position, while using a portion of the net proceeds of the offering to repay $135.0 million of senior debt maturing in 2027, which we expect will reduce interest expense and improve our net interest margin; fund the acquisition of Primary Bank (in which we will use a portion of the offering proceeds and issue shares of our common stock as merger consideration); continue to invest in technologies that will enable us to expand and enhance our products and services, be more efficient and increase our delivery channels; attract and retain qualified personnel by enabling us to establish stock-based benefit plans for management and employees that will give them an opportunity to share in our long-term success; support our ability to take advantage of strategic expansion opportunities as they arise to complement our organic growth strategy, through branch acquisitions or financial institution acquisitions; enhance our community ties by providing our customers and community members with the opportunity to acquire an ownership interest in TruNorth Bank through Hometown Financial; and establish a charitable foundation, and fund it with shares of our common stock, to support charitable organizations operating in our local communities now and in the future.

IS TRUNORTH BANK CONSIDERED “WELL-CAPITALIZED” FOR REGULATORY PURPOSES?

Yes. As of June 30, 2026, TruNorth Bank was considered “well capitalized” for regulatory purposes.

WILL CUSTOMERS NOTICE ANY CHANGE IN TRUNORTH BANK’S DAY-TO-DAY ACTIVITIES AS A RESULT OF THE CONVERSION AND STOCK OFFERING?

No. It will be business as usual. The conversion is an internal change to our corporate structure. There will be no change to our management and staff as a result of the conversion and stock offering. TruNorth Bank will continue to operate as a community bank.

Following completion of the conversion and stock offering, we intend to acquire Primary Bank. Primary Bank will merge with and into TruNorth Bank, with TruNorth Bank as the surviving entity. We look forward to welcoming the customers of Primary Bank and enhancing our market share position in southern New Hampshire.

WILL THE CONVERSION AND STOCK OFFERING AFFECT CUSTOMERS’ DEPOSIT ACCOUNTS OR LOANS?

No. The conversion and stock offering will not affect the balance or terms of deposits or loans, and deposits will continue to be federally insured by the Federal Deposit Insurance Corporation and the Massachusetts Depositors Insurance Fund up to the maximum legal limits to the same extent as before the completion of the conversion and stock offering. Deposit accounts will not be converted to stock.

HOW MANY SHARES ARE BEING OFFERED AND AT WHAT PRICE?

Hometown Financial is offering for sale between 51,000,000 and 69,000,000 shares of common stock (subject to increase to 79,350,000 shares) at $10.00 per share. No sales commission will be charged to purchasers of the common stock.

WHO IS ELIGIBLE TO PURCHASE STOCK IN THE STOCK OFFERING?

Pursuant to our plan of conversion, non-transferable rights to subscribe for shares of Hometown Financial common stock in the Subscription Offering have been granted in the following descending order of priority:

Shares of common stock not purchased in the Subscription Offering may be offered for sale to the general public in a Community Offering, with a preference given to natural persons (including trusts of natural persons) residing in the following areas:

In Massachusetts: Essex, Hampden, Hampshire, Middlesex, Norfolk, Plymouth, Suffolk and Worcester Counties;

In Connecticut: the Northeastern Connecticut Planning Region;

In New Hampshire: Rockingham County.

Shares not sold in the Subscription Offering or the Community Offering may be offered for sale to the general public through a Syndicated Community Offering and/or a Firm Commitment Underwritten Offering.

I AM ELIGIBLE TO SUBSCRIBE FOR SHARES OF COMMON STOCK IN THE SUBSCRIPTION OFFERING BUT AM NOT INTERESTED IN INVESTING. MAY I ALLOW SOMEONE ELSE TO USE MY STOCK ORDER FORM TO TAKE ADVANTAGE OF MY PRIORITY AS AN ELIGIBLE ACCOUNT HOLDER?

No. Subscription rights are non-transferable! Only those eligible to subscribe in the Subscription Offering, as listed above, may purchase shares in the Subscription Offering. To preserve subscription rights, the shares may only be registered in the name(s) of eligible account holder(s). On occasion, unscrupulous people attempt to persuade account holders to transfer subscription rights, or to purchase shares in the stock offering based on an understanding that the shares will be subsequently transferred to others. Participation in such schemes is against the law and may subject involved parties to prosecution. If you become aware of any such activities, please notify our Stock Information Center promptly so that we can take the necessary steps to protect our eligible deposit account holders’ subscription rights in the offering.

HOW MAY I PURCHASE SHARES IN THE SUBSCRIPTION AND COMMUNITY OFFERINGS?

Shares can be purchased by completing and signing an original Stock Order Form and returning it, with full payment, so that it is received (not postmarked) before the offering deadline. Delivery of a Stock Order Form may be made by paying for overnight delivery only to the address indicated on the Stock Order Form, by regular mail using the postage paid Stock Order Reply Envelope provided, or by hand-delivery to TruNorth Bank’s offices located at 36 Main Street, Easthampton, Massachusetts, 31 Sutton Avenue, Oxford, Massachusetts, or 248 Andover Street (Rt. 114), Peabody, Massachusetts. Hand-delivered stock order forms will only be accepted at these locations. Stock order forms may not be delivered to our other offices. Please do not mail Stock Order Forms to TruNorth Bank.

Once a completed stock order form has been deposited in the U.S. mail, delivery issues may arise that are beyond our control and there can be no guarantee that a completed original stock order form will be received by us before the expiration of the subscription and/or community offering, if at all. The only way to guarantee our receipt of a completed original stock order form is to hand deliver the completed original stock order form to a dedicated Stock Information Center representative at our offices located at 36 Main Street, Easthampton, Massachusetts, 31 Sutton Avenue, Oxford, Massachusetts, or 248 Andover Street (Rt. 114), Peabody, Massachusetts. Alternatively, you may wish to return your completed original stock order form by paying for overnight delivery, with tracking and delivery confirmation service, to the address indicated on the Stock Order Form.

WHAT IS THE DEADLINE FOR PURCHASING SHARES?

To purchase shares in the Subscription Offering and any Community Offering, you must deliver a properly completed, signed original Stock Order Form, with full payment, so that it is received (not postmarked) on or before 2:00 p.m., Eastern time, on [expiration date]. Acceptable methods for delivery of Stock Order Forms are described above.

HOW MAY I PAY FOR THE SHARES?

Payment for shares can be remitted in three ways:

By personal check, bank check or money order from the purchaser made payable directly to Hometown Financial Group, Inc. These will be deposited upon receipt. We cannot accept third party checks. TruNorth Bank (or one of its predecessor banks) line of credit checks may not be remitted for this purchase.

By authorized deposit account withdrawal of funds from your TruNorth Bank deposit account(s). The Stock Order Form section titled “Method of Payment — Deposit Account Withdrawal” allows you to list the deposit account number(s) and amount(s) to be withdrawn. Funds designated for direct withdrawal must be in the account(s) at the time the Stock Order Form is received. You may not designate withdrawal from accounts with check-writing privileges. Please submit a check instead. If you request direct withdrawal from such accounts, we reserve the right to interpret that as your authorization to treat those funds as if we had received a check for the designated amount, and we will immediately withdraw the amount from your checking account(s). Also, individual retirement account or other retirement accounts held at TruNorth Bank may not be listed for direct withdrawal. See information on using retirement accounts below.

By cash. Cash will only be accepted at TruNorth Bank’s offices located at 36 Main Street, Easthampton, Massachusetts, 31 Sutton Avenue, Oxford, Massachusetts, or 248 Andover Street (Rt. 114), Peabody, Massachusetts, and will be converted to a bank check. Please do not mail cash!

WILL I EARN INTEREST ON MY FUNDS?

Yes. If you pay by personal check, bank check or money order, you will earn interest at [interest rate]% per annum from the date payment is processed until the stock offering is completed or terminated. At that time, you will be issued a check for interest earned on these funds. If you pay for shares by authorizing a direct withdrawal from your TruNorth Bank deposit account(s), your funds will continue to earn interest within the account at the contractual rate. The interest will remain in your account(s) when the designated withdrawal is made, upon completion or termination of the conversion and stock offering.

ARE THERE LIMITS TO HOW MANY SHARES I CAN ORDER?

Yes. The minimum order is 25 shares ($250). The maximum number of shares that may be purchased by an individual, or individuals exercising subscription rights through a single qualifying account held jointly, is 50,000 shares ($500,000). Additionally, no person or entity together with any associate, or any group of persons acting in concert, may purchase more than 120,000 shares ($1,200,000) in all categories of the stock offering combined.

More detail on purchase limits, including the definitions of “associate” and “acting in concert,” can be found in the Prospectus section entitled “The Conversion and Stock Offering — Limitations on Common Stock Purchases.”

MAY I USE MY TRUNORTH BANK INDIVIDUAL RETIREMENT ACCOUNT (“IRA”) TO PURCHASE SHARES?

It is possible to use funds currently held in IRAs with TruNorth Bank. However, before you place your stock order, the funds you wish to use must be transferred to a self-directed retirement account maintained by an independent trustee or custodian, such as a brokerage firm. If you are interested in using IRA or any other retirement funds held at TruNorth Bank or elsewhere, please call our Stock Information Center for guidance as soon as possible, preferably at least two weeks before the [expiration date] offering deadline. Your ability to use such funds for this purchase may depend on time constraints, because this type of purchase requires additional processing time, and may be subject to limitations imposed by the institution where the funds are held.

MAY I USE A LOAN FROM TRUNORTH BANK TO PAY FOR SHARES?

No. TruNorth Bank, by regulation, may not extend a loan for the purchase of Hometown Financial common stock in the stock offering. Similarly, you may not use existing TruNorth Bank (or one of its predecessor banks) line of credit checks to purchase stock in the stock offering.

MAY I CHANGE MY MIND AFTER I PLACE AN ORDER TO SUBSCRIBE FOR STOCK?

No. Once we receive your executed Stock Order Form, it cannot be modified or revoked without our consent or unless the stock offering is terminated or is extended beyond [extension date] or the number of shares of common stock to be sold is increased to more than 79,350,000 shares or decreased to less than 51,000,000 shares.

ARE DIRECTORS/TRUSTEES AND EXECUTIVE OFFICERS OF TRUNORTH BANK PLANNING TO PURCHASE STOCK?

Yes! Directors/trustees and executive officers, together with their associates, are expected to subscribe for an aggregate of 1,195,000 shares ($11,950,000), or 2.3%, of the shares to be sold in the stock offering at the minimum of the offering range, excluding shares to be issued to the charitable foundation.

WILL THE STOCK BE INSURED?

No. Like any common stock, Hometown Financial’s common stock will not be insured.

WILL DIVIDENDS BE PAID ON THE STOCK?

Following the conversion and stock offering, our board of directors will be authorized to declare and pay dividends on our shares of common stock, subject to statutory and regulatory requirements. However, no decision has been made with respect to the payment of dividends. In determining whether to pay a cash dividend and the amount, the board of directors is expected to consider a number of factors, including capital requirements, our consolidated financial condition and results of operations, other uses of funds for the long-term value of stockholders, tax considerations, statutory and regulatory limitations and general economic conditions. No assurances can be given that any dividends will be paid or that, if paid, will not be reduced or eliminated in the future. Special cash dividends, stock dividends or returns of capital, to the extent permitted by applicable regulations and policies, may be paid in addition to, or in lieu of, regular cash dividends.

HOW WILL SHARES OF HOMETOWN FINANCIAL GROUP, INC. TRADE?

We expect that Hometown Financial’s shares will be listed on the Nasdaq Capital Market under the symbol “HFG” upon completion of the conversion and stock offering. Once the shares have begun trading, you may contact a firm offering investment services in order to buy or sell Hometown Financial shares in the future.

IF I PURCHASE SHARES IN THE SUBSCRIPTION OFFERING OR ANY COMMUNITY OFFERING, WHEN WILL I RECEIVE MY SHARES?

All shares of Hometown Financial common stock sold in the Subscription Offering and any Community Offering will be issued in book entry form on the books of our transfer agent, through the Direct Registration System. Paper stock certificates will not be issued. As soon as practicable after completion of the conversion and stock offering, our transfer agent will send, by first class mail, a statement regarding your stock ownership.

WHAT ARE DIRECT REGISTRATION AND DRS?

Direct registration refers to your ownership of stock registered in your own name on the books of Hometown Financial, without taking possession of a printed stock certificate. Instead, your ownership is recorded and tracked as an accounting entry (referred to as “book entry”) on the books of Hometown Financial. The DRS (Direct Registration System) is a system that electronically moves investors’ positions between brokers and transfer agents for issuers that offer direct registration.

HOW CAN I GET MORE INFORMATION?

For more information, refer to the enclosed Prospectus or call our Stock Information Center, at [SIC #], between 10:00 a.m. and 4:00 p.m., Eastern time, Monday through Friday. The Stock Information Center will be closed on bank holidays.

This brochure is neither an offer to sell nor a solicitation of an offer to buy shares of common stock. The offer is made only by the Prospectus when accompanied by a stock order form. The shares of common stock being offered by the Prospectus are not deposits or savings accounts and are not insured by the Federal Deposit Insurance Corporation, the Massachusetts Depositors Insurance Fund or any other government agency.

Stock Registration (please review carefully)

Other Order Information:

Name1

Name2

Street1

Street2

City, State Zip

Ownership:

Social Security / Tax ID #:

Batch #: _____

Order #: _____

Number of Shares Requested: _________

Offering Category: _____

(subject to verification; see descriptions below)

Depositors of TruNorth Bank (and its predecessor banks) with aggregate account balances of at least $50 as of the close of business on June, 30, 2025;

Depositors of TruNorth Bank (and its predecessor banks) with aggregate account balances of at least $50 as of the close of business on June 30, 2026;

TruNorth Bank’s tax-qualified employee benefit plans;

Employees, officers and directors/trustees of Hometown Financial Group, Inc. (a Maryland corporation), Hometown Financial Group, MHC, Hometown Financial Group, Inc. (a Massachusetts corporation) and TruNorth Bank and corporators of Hometown Financial Group, MHC who do not have a higher purchase priority.

Residents of the Massachusetts, Connecticut, and New Hampshire cities and towns listed in the Prospectus; and

Members of the General Public.