X0306 4 2021-05-12 0 0000903419 ALERUS FINANCIAL CORP ALRS 0001291784 Vetter Galen G 401 DEMERS AVENUE GRAND FORKS ND 58201 1 0 0 0 Common Stock 2021-05-12 4 A 0 1215 0.00 A 39412 D Common Stock 438 I By spouse Common Stock 1562 I By Vetter Community Resource, LLC All 1,215 shares were acquired pursuant to an annual director award issued under the Alerus Financial Corporation 2019 Equity Incentive Plan. Shares held by Mr. Vetter's spouse. Vetter Community Resource, LLC is an entity that is 50% owned by Mr. Vetter and 50% owned by his spouse. /s/ Scott Fenske, by power of attorney 2021-05-13