Hanover Bancorp, Inc. Appoints Kevin O’Connor President

MINEOLA, NY – July 20, 2026 — Hanover Bancorp, Inc. (NASDAQ: HNVR) (“the Company”)
and Hanover Community Bank (the “Bank”), announced that they have named Kevin
O’Connor to the position of President of the Company and the Bank effective July 27, 2026.
In this role, Mr. O’Connor will fuel expansion and regional growth throughout the Long Island
market by strengthening client relationships and unlocking new business opportunities and
strategic initiatives in this underserved market.

“Kevin is a highly respected banking leader whose deep market knowledge, relationship-driven approach and longstanding commitment to Long Island will be an outstanding addition
to Hanover Bank,” said Michael P. Puorro, Chairman, President and Chief Executive Officer
of Hanover Bancorp, Inc. “We look forward to welcoming Kevin to the team and partnering
with him as we continue to expand our presence and deliver exceptional service to clients
across the region. Kevin’s reputation and credibility within the Wall Street community will be
complementary as we leverage our experience in an effort to successfully execute our growth
strategies and maximize shareholder value.”

Mr. O’Connor brings more than 35 years of banking experience to Hanover Bank. He most
recently served as Long Island Market President at Valley Bank. Prior to Valley, he served
as Chief Executive Officer of Dime Community Bank, the successor organization to
Bridgehampton National Bank following the 2021 merger between the two institutions. Mr.
O’Connor served as Chief Executive Officer and President of Bridgehampton National Bank
beginning in 2007, leading the Long Island-based institution through a period of significant
organic growth and financial success. He has also held senior executive roles at North Fork
Bank and KPMG and was recognized by Long Island Business News as one of Long Island’s
top CEOs.

Mr. O’Connor currently serves on the Board of Directors and executive committee of HIA-LI
and is an executive committee member of the Board of Trustees for Suffolk County
Community College. He is Chair of the Board of Directors of the Long Island chapter of Habitat
for Humanity and serves on the boards of United Veterans Beacon House and Pursuit
Lending, a non-profit community-focused lender. He is also the former Long Island and New
York State chair of the New York Bankers Association.

“I am excited to join Hanover Bank and work with Mike and the team to continue its growth
across Long Island,” said Mr. O’Connor. “Hanover has built a strong reputation for relationship
banking, local decision-making and client-focused service, and I look forward to building on
our commitment to support businesses, families and communities throughout the region.”