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Hanover Bancorp announces inclusion in prestigious Piper Sandler Sm-All Star Class of 2022

Hanover Bancorp, Inc. (Nasdaq: HNVR) (the “Company”), parent company of Hanover Community Bank, is thrilled to announce that they have been included in the prestigious Piper Sandler Sm-All Stars: Class of 2022.

The Piper Sandler Sm-All Stars Class of 2022 distinction is given to the top 35 performing
small-cap banks and thrifts throughout the country. To earn the Sm-All Star status,
companies need to have a market cap below $2.5 billion and clear numerous hurdles
related to growth, profitability, credit quality, and capital strength.

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Michael P. Puorro, Chairman and Chief Executive Officer stated “It is an incredible honor
not only to receive this distinction but to be included in a class with so many other
outstanding institutions. I applaud our amazing team whose tireless efforts allow us to be
recognized with accolades such as this; they are our greatest resource.”

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