Exhibit 99.4

Dear Valued Customer: I am pleased to tell you about an investment opportunity and, just as importantly, to request your vote. Pursuant to a plan of conversion (the “Plan”), Van Wert Federal Savings Bank will convert from the mutual (meaning no stockholders) to the stock form of ownership. To accomplish the conversion, VWF Bancorp, Inc., a newly formed Maryland corporation that will become the holding company for 9DQ:HUW)HGHUDO6DYLQJV%DQNLVFRQGXFWLQJDQRႇHULQJRILWVVKDUHVRIFRPPRQVWRFN(QFORVHG\RXZLOO¿QGD3URVSHFWXV3UR[\ 0DWHULDOVDQGD4XHVWLRQVDQG$QVZHUV%URFKXUHGHVFULELQJWKHFRQYHUVLRQWKHRႇHULQJDQGWKH3ODQ THE PROXY VOTE: Your vote is extremely important for us to complete the conversion. Although we have received conditional regulatory approval to implement the Plan, we must receive the vote of Van Wert Federal Savings Bank’s members, who are depositors and borrowers of Van Wert Federal Savings Bank, in favor of the Plan. NOT VOTING YOUR ENCLOSED PROXY CARD(S) WILL HAVE THE SAME EFFECT AS VOTING “AGAINST” THE PLAN. 1RWHWKDW\RXPD\UHFHLYHPRUHWKDQRQH3UR[\&DUGGHSHQGLQJRQWKHRZQHUVKLS VWUXFWXUHRI\RXUDFFRXQWVDW9DQ:HUW)HGHUDO6DYLQJV%DQN3OHDVHYRWHDOOWKH3UR[\&DUGV\RXUHFHLYH²none are duplicates! To cast your vote, please sign each Proxy Card and return the card(s) in the Proxy Reply Envelope provided. Alternatively, you may vote by telephone or Internet by following the simple instructions on the Proxy Card. OUR BOARD OF DIRECTORS URGES YOU TO VOTE “FOR” THE PLAN. Please note: • The proceeds resulting from the sale of stock by VWF Bancorp, Inc. will support our business strategy. • There will be no change to account numbers, interest rates or other terms of your deposit accounts or loans at Van Wert Federal Savings Bank. • Deposit accounts will not be converted to stock. Your deposit accounts will continue to be insured by the FDIC, up to the PD[LPXPOHJDOOLPLWV ‡<RXZLOOFRQWLQXHWRHQMR\WKHVDPHVHUYLFHVZLWKWKHVDPHERDUGRIGLUHFWRUVPDQDJHPHQWDQGVWDႇ ‡9RWLQJGRHVQRWREOLJDWH\RXWRSXUFKDVHVKDUHVRIFRPPRQVWRFNLQRXURႇHULQJ THE STOCK OFFERING: As an eligible depositor and/or borrower of Van Wert Federal Savings Bank, you have non-transferable rights, but no REOLJDWLRQWRSXUFKDVHVKDUHVRIFRPPRQVWRFNGXULQJRXU6XEVFULSWLRQ2ႇHULQJEHIRUHDQ\VKDUHVDUHRႇHUHGIRUVDOHWRWKH general public. 7KHFRPPRQVWRFNLVEHLQJRႇHUHGDWSHUVKDUHDQGWKHUHZLOOEHQRVDOHVFRPPLVVLRQFKDUJHGWRSXUFKDVHUV GXULQJWKHRႇHULQJ7KHHQFORVHG3URVSHFWXVGHVFULEHVWKHRႇHULQJLQPRUHGHWDLOPlease read the Prospectus carefully before making an investment decision. If you are interested in ordering shares of common stock, please complete the enclosed Stock Order Form and return it, with full payment, by overnight delivery to the indicated address on the Stock Order Form, by hand-delivery to Van Wert Federal Savings %DQN¶VRႈFHORFDWHGDW66KDQQRQ6W9DQ:HUW2KLRRUE\PDLOXVLQJWKH6WRFN2UGHU5HSO\(QYHORSHSURYLGHG Stock Order Forms and full payment must be received (not postmarked) before 4:00 p.m., Eastern Time, on June 15, 2022. If you DUHFRQVLGHULQJSXUFKDVLQJVWRFNZLWKIXQGV\RXKDYHLQDQ,5$RURWKHUUHWLUHPHQWDFFRXQWSOHDVHFDOORXU6WRFN,QIRUPDWLRQ&HQWHU promptly for guidance, because these orders require additional processing time. I invite you to consider this opportunity to share in our future as a VWF Bancorp, Inc. stockholder. Thank you for your continued support as a Van Wert Federal Savings Bank customer. Sincerely, Gary L. Clay Chairman of the Board 7KLVOHWWHULVQHLWKHUDQRႇHUWRVHOOQRUDVROLFLWDWLRQRIDQRႇHUWREX\VKDUHVRIFRPPRQVWRFN7KHRႇHULVPDGHRQO\E\WKH 3URVSHFWXVZKHQDFFRPSDQLHGE\DVWRFNRUGHUIRUP7KHVKDUHVRIFRPPRQVWRFNEHLQJRႇHUHGE\WKH3URVSHFWXVDUHQRW deposits or savings accounts and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. VWF-M QUESTIONS? Call our Information Center at [_________], IURPDPWRSP(DVWHUQ7LPH0RQGD\WKURXJK)ULGD\H[FHSWEDQNKROLGD\V

Dear Friend: I am pleased to tell you about an investment opportunity. VWF Bancorp, Inc., a newly formed Maryland corporation that will VHUYHDVWKHSDUHQWFRPSDQ\RI9DQ:HUW)HGHUDO6DYLQJV%DQNLVRႇHULQJVKDUHVRILWVFRPPRQVWRFNIRUVDOHDWDSULFH RISHUVKDUH1RVDOHVFRPPLVVLRQZLOOEHFKDUJHGWRSXUFKDVHUVGXULQJWKHRႇHULQJ7KHRႇHULQJLVEHLQJFRQGXFWHG pursuant to a plan of conversion that provides for the conversion of Van Wert Federal Savings Bank from the mutual (meaning no stockholders) to the stock form of ownership. Our records indicate that you were a depositor of Van Wert Federal Savings Bank as of the close of business on December 31, 2020 or March 31, 2022, whose account(s) was/were closed thereafter. As such, you have non-transferable rights, but no obligation, to VXEVFULEHIRUVKDUHVRIFRPPRQVWRFNGXULQJRXU6XEVFULSWLRQ2ႇHULQJEHIRUHDQ\VKDUHVDUHRႇHUHGIRUVDOHWRWKHJHQHUDOSXEOLF 7KHHQFORVHG3URVSHFWXVGHVFULEHVWKHRႇHULQJLQPRUHGHWDLO3OHDVHUHDGWKH3URVSHFWXVFDUHIXOO\EHIRUHPDNLQJDQ LQYHVWPHQWGHFLVLRQ If you are interested in ordering shares of common stock, please complete the enclosed Stock Order Form and return it, with full payment, E\RYHUQLJKWGHOLYHU\WRWKHLQGLFDWHGDGGUHVVRQWKH6WRFN2UGHU)RUPby hand-delivery to Van Wert )HGHUDO6DYLQJV%DQN¶VRႈFHORFDWHGDW66KDQQRQ6W9DQ:HUW2KLRRUE\PDLOXVLQJWKH6WRFN2UGHU5HSO\(QYHORSH provided.6WRFN2UGHU)RUPVDQGIXOOSD\PHQWPXVWEHreceivedQRWSRVWPDUNHGEHIRUHSP(DVWHUQ7LPHRQ -XQH,I\RXDUHFRQVLGHULQJSXUFKDVLQJVWRFNZLWKIXQGV\RXKDYHLQDQ,5$RURWKHUUHWLUHPHQWDFFRXQWSOHDVHFDOO our Stock Information Center promptly for guidance, because these orders require additional processing time. If you have questions about our organization or purchasing shares, please refer to the enclosed Prospectus and Questions and Answers Brochure, or call our Stock Information Center at the number shown below. I invite you to consider this opportunity to share in our future as a VWF Bancorp, Inc. stockholder. Sincerely, Gary L. Clay Chairman of the Board 7KLVOHWWHULVQHLWKHUDQRႇHUWRVHOOQRUDVROLFLWDWLRQRIDQRႇHUWREX\VKDUHVRIFRPPRQVWRFN7KHRႇHULVPDGH RQO\E\WKH3URVSHFWXVZKHQDFFRPSDQLHGE\DVWRFNRUGHUIRUP7KHVKDUHVRIFRPPRQVWRFNEHLQJRႇHUHGE\WKH 3URVSHFWXVDUHQRWGHSRVLWVRUVDYLQJVDFFRXQWVDQGDUHQRWLQVXUHGRUJXDUDQWHHGE\WKH)HGHUDO'HSRVLW,QVXUDQFH &RUSRUDWLRQRUDQ\RWKHUJRYHUQPHQWDJHQF\ VWF-F 48(67,216" Call our Information Center at [_______], IURPDPWRSP(DVWHUQ7LPH0RQGD\WKURXJK)ULGD\H[FHSWEDQNKROLGD\V

Dear Potential Investor: I am pleased to tell you about an investment opportunity. VWF Bancorp, Inc., a newly formed Maryland corporation that will serve DVWKHKROGLQJFRPSDQ\RI9DQ:HUW)HGHUDO6DYLQJV%DQNLVRႇHULQJVKDUHVRILWVFRPPRQVWRFNIRUVDOHDWDSULFHRISHU VKDUH1RVDOHVFRPPLVVLRQZLOOEHFKDUJHGWRSXUFKDVHUVGXULQJWKHRႇHULQJ7KHRႇHULQJLVEHLQJFRQGXFWHGSXUVXDQWWRDSODQRI conversion that provides for the conversion of Van Wert Federal Savings Bank from the mutual (meaning no stockholders) to the stock form of ownership. Please read the enclosed Prospectus carefully before making an investment decision. If you are interested in ordering shares of common stock, please complete the enclosed Stock Order Form and return it, with full payment, by overnight delivery to the indicated address on the Stock Order Form, E\KDQGGHOLYHU\WR9DQ:HUW)HGHUDO6DYLQJV%DQN¶VRႈFHORFDWHGDW 976 S. Shannon St., Van Wert, Ohio, or by mail using the Stock Order Reply Envelope provided. Stock Order Forms and full payment must be received (not postmarked) before 4:00 p.m., Eastern Time, on June 15, 2022. If you are considering purchasing stock with funds you have in an IRA or other retirement account, please call our Stock Information Center promptly for guidance, because these orders require additional processing time. If you have questions about our organization or purchasing shares, please refer to the enclosed Prospectus or call our Stock Information Center at the number shown below. I invite you to consider this opportunity to share in our future as a VWF Bancorp, Inc. stockholder. Sincerely, Gary L. Clay Chairman of the Board 7KLVOHWWHULVQHLWKHUDQRႇHUWRVHOOQRUDVROLFLWDWLRQRIDQRႇHUWREX\VKDUHVRIFRPPRQVWRFN7KHRႇHULVPDGHRQO\E\WKH 3URVSHFWXVZKHQDFFRPSDQLHGE\DVWRFNRUGHUIRUP7KHVKDUHVRIFRPPRQVWRFNEHLQJRႇHUHGE\WKH3URVSHFWXVDUHQRW deposits or savings accounts and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. VWF-C QUESTIONS? Call our Information Center at [________], IURPDPWRSP(DVWHUQ7LPH0RQGD\WKURXJK)ULGD\H[FHSWEDQNKROLGD\V

Dear Customer: Pursuant to a plan of conversion (the “Plan”), Van Wert Federal Savings Bank will be converting from the mutual (meaning no stockholders) to the stock form of ownership. To accomplish the conversion, VWF Bancorp, Inc., a newly formed Maryland corporation WKDWZLOOEHFRPHWKHKROGLQJFRPSDQ\IRU9DQ:HUW)HGHUDO6DYLQJV%DQNLVFRQGXFWLQJDQRႇHULQJRILWVVKDUHVRIFRPPRQVWRFN (QFORVHG\RXZLOO¿QGD3URVSHFWXV3UR[\0DWHULDOVDQGD4XHVWLRQVDQG$QVZHUV%URFKXUHGHVFULELQJWKHFRQYHUVLRQWKHRႇHULQJ and the Plan. We are asking you to help us in this endeavor, by voting to approve our Plan of Conversion. THE PROXY VOTE: OUR BOARD OF DIRECTORS URGES YOU TO VOTE “FOR” THE PLAN. Your vote is extremely important for us to complete the conversion. $OWKRXJKZHKDYHUHFHLYHGFRQGLWLRQDOUHJXODWRU\DSSURYDO to implement the Plan, we must receive the vote of Van Wert Federal Savings Bank’s members, who are depositors and borrowers of Van Wert Federal Savings Bank, in favor of the Plan. NOT VOTING YOUR ENCLOSED PROXY CARD(S) WILL HAVE THE SAME EFFECT AS VOTING “AGAINST” THE PLAN. 1RWHWKDW\RXPD\UHFHLYHPRUHWKDQRQH3UR[\&DUGGHSHQGLQJRQWKHRZQHUVKLS VWUXFWXUHRI\RXUDFFRXQWVDW9DQ:HUW)HGHUDO6DYLQJV%DQN3OHDVHYRWHDOOWKH3UR[\&DUGV\RXUHFHLYH²none are duplicates! To cast your vote, please sign each Proxy Card and return the card(s) in the Proxy Reply Envelope provided. Alternatively, you may vote by telephone or Internet by following the simple instructions on the Proxy Card. Please note: • The proceeds resulting from the sale of stock by VWF Bancorp, Inc. will support our business strategy. • There will be no change to account numbers, interest rates or other terms of your deposit accounts or loans at Van Wert Federal Savings Bank. • Deposit accounts will not be converted to stock. Your deposit accounts will continue to be insured by the FDIC, up to the PD[LPXPOHJDOOLPLWV ‡<RXZLOOFRQWLQXHWRHQMR\WKHVDPHVHUYLFHVZLWKWKHVDPHERDUGRIGLUHFWRUVPDQDJHPHQWDQGVWDႇ THE STOCK OFFERING: 8QIRUWXQDWHO\9:)%DQFRUS,QFLVXQDEOHWRHLWKHURႇHURUVHOOLWVFRPPRQVWRFNWR\RXEHFDXVHWKHVPDOOQXPEHURIHOLJLEOH VXEVFULEHUVLQ\RXUMXULVGLFWLRQPDNHVUHJLVWUDWLRQRUTXDOL¿FDWLRQRIWKHFRPPRQVWRFNXQGHUWKHVHFXULWLHVRURWKHUODZVRI\RXU jurisdiction impractical for reasons of cost or otherwise. Accordingly, this letter and the enclosures should not be considered an RႇHUWRVHOORUDVROLFLWDWLRQRIDQRႇHUWREX\WKHFRPPRQVWRFNRI9:)%DQFRUS,QF. Thank you for your continued support as a Van Wert Federal Savings Bank customer. Sincerely, Gary L. Clay Chairman of the Board 7KLVOHWWHULVQHLWKHUDQRႇHUWRVHOOQRUDVROLFLWDWLRQRIDQRႇHUWREX\VKDUHVRIFRPPRQVWRFN7KHRႇHULVPDGHRQO\E\WKH 3URVSHFWXVZKHQDFFRPSDQLHGE\DVWRFNRUGHUIRUP7KHVKDUHVRIFRPPRQVWRFNEHLQJRႇHUHGE\WKH3URVSHFWXVDUHQRW deposits or savings accounts and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. VWF-B QUESTIONS? Call our Information Center at [_________], IURPDPWRSP(DVWHUQ7LPH0RQGD\WKURXJK)ULGD\H[FHSWEDQNKROLGD\V

Dear Prospective Investor: Performance Trust Capital Partners, LLC has been retained by Van Wert Federal Savings Bank and its proposed holding company, VWF Bancorp, Inc., as marketing agent in FRQQHFWLRQZLWKWKHRႇHULQJRI9:)%DQFRUS,QFFRPPRQVWRFN At the request of Van Wert Federal Savings Bank, we are enclosing a Prospectus and Stock Order Form regarding the offering of shares of VWF Bancorp, Inc. common stock. We encourage you to read the enclosed Prospectus carefully before making an investment decision. If you have questions after reading the enclosed material, please call the Stock Information Center at [_________], from 10:00 a.m. to 5:00 p.m., Eastern Time, Monday through Friday, and ask for a Performance Trust representative. We have been asked to forward these documents to you in view of certain requirements of the securities laws of your jurisdiction. This is not a recommendation or solicitation for any action by you with regard to the enclosed material. Sincerely, 7KLVOHWWHULVQHLWKHUDQR௺HUWRVHOOQRUDVROLFLWDWLRQRIDQR௺HUWREX\VKDUHVRIFRPPRQVWRFN7KHR௺HU LVPDGHRQO\E\WKH3URVSHFWXVZKHQDFFRPSDQLHGE\DVWRFNRUGHUIRUP7KHVKDUHVRIFRPPRQVWRFN EHLQJR௺HUHGE\WKH3URVSHFWXVDUHQRWVDYLQJVDFFRXQWVRUGHSRVLWVDQGDUHQRWLQVXUHGRUJXDUDQWHHG E\WKH)HGHUDO'HSRVLW,QVXUDQFH&RUSRUDWLRQRUDQ\RWKHUJRYHUQPHQWDJHQF\3HUIRUPDQFH7UXVW&DSLWDO 3DUWQHUVLVDPHPEHURI),15$DQG6,3& VWF-BD

REVOCABLE PROXY 1. The approval of a Plan of Conversion whereby Van Wert Federal Savings Bank will convert from the mutual form of organization to the stock form of organization and will become the wholly owned subsidiary of a new stock holding company to be known as VWF Bancorp, Inc., as described in more detail in the accompanying proxy statement (the “Conversion”). This proxy is revocable and will be voted as directed, but if no instructions are specified, this proxy will be voted “FOR” the proposals, only if signed and dated. If any other business is presented at the Special Meeting of Members (the “Meeting”), including whether or not to adjourn the Meeting, this proxy will be voted by the proxies in their best judgment. At the present time, the board of directors knows of no other business to be presented at the Meeting. This proxy also confers discretionary authority on the board of directors to vote with respect to any other business that may come before the Meeting or any adjournment of the Meeting. The undersigned acknowledges receipt from Van Wert Federal Savings Bank, before the execution of this proxy, of both Notice of the Special Meeting of Members and a Proxy Statement for the Meeting. Signature: ______________________________________________________________ Date: ____________________, 2022 NOTE: Only one signature is required in the case of a joint account. Please sign exactly as your name appears on this proxy card. When signing as attorney, executor, DGPLQLVWUDWRUWUXVWHHRUJXDUGLDQSOHDVHJLYH\RXUIXOOWLWOH&RUSRUDWLRQVRUSDUWQHUVKLSSUR[LHVVKRXOGEHVLJQHGE\DQDXWKRUL]HGRႈFHU YOUR PROMPT VOTE IS IMPORTANT! Phone or Internet voting is a quick and simple way to vote, available through 1:59 p.m., Eastern Time, on June 28, 2022 S FOLD AND DETACH THE PROXY CARD HERE S FOR AGAINST CONTROL NUMBER Please vote by marking one of the boxes as shown. ✔ If you vote by Phone or Internet you do NOT need to return your Proxy Card by mail. NOT VOTING HAS THE SAME EFFECT AS VOTING “AGAINST” THE PLAN OF CONVERSION. PLEASE VOTE ALL PROXY CARDS RECEIVED. NONE ARE DUPLICATES. proxypush.com/VWF Use the Internet to vote your proxy. Have your Proxy Card in hand when you access the website. You will be prompted to enter online your 10 digit control number, located in the shaded box above. Each Proxy Card has a unique control number. (866) 467-1109 Use the telephone to vote your proxy. Have your Proxy Card in hand when you access the telephone voting line. You will be prompted to enter online your 10 digit control number, located in the shaded box above. Each Proxy Card has a unique control number. VOTE BY INTERNET VOTE BY PHONE 5Mark, sign and date your Proxy Card and return it in the postage-paid Proxy Reply Envelope provided. VOTE BY MAIL OR OR VWF-PC

REVOCABLE PROXY VAN WERT FEDERAL SAVINGS BANK SPECIAL MEETING OF MEMBERS TO BE HELD ON JUNE 28, 2022 THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS OF VAN WERT FEDERAL SAVINGS BANK FOR USE AT A SPECIAL MEETING OF MEMBERS TO BE HELD ON JUNE 28, 2022, AND ANY ADJOURNMENTS OR POSTPONEMENTS OF THE SPECIAL MEETING, FOR THE PURPOSES SET FORTH IN THE ACCOMPANYING NOTICE OF SPECIAL MEETING. YOUR BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS THAT YOU VOTE “FOR” APPROVAL OF THE PLAN OF CONVERSION. The above-signed being a member of Van Wert Federal Savings Bank hereby authorizes the full Board of Directors, and each of them, with full powers of substitution, to represent the above-signed at the Special Meeting of Members (the “Meeting”) to be held on June 28, 2022, at 2:00 p.m., Eastern Time, at 976 S. Shannon St., Van Wert, Ohio, and at any adjournment or postponement of the Meeting, to act with respect to all votes that the undersigned would be entitled to cast if then personally present, as set forth above. Any member giving a proxy may revoke it at any time before it is voted by delivering to the Secretary of Van Wert Federal Savings Bank either a written revocation of the proxy, or a duly executed proxy bearing a later date, or by voting in person at the Meeting. (CONTINUED ON REVERSE SIDE) THE BOARD OF DIRECTORS RECOMMENDS A VOTE “FOR” THE PLAN OF CONVERSION. NOT VOTING IS THE EQUIVALENT OF VOTING “AGAINST” THE PLAN OF CONVERSION. PLEASE VOTE ALL CARDS THAT YOU RECEIVE. NONE ARE DUPLICATES. VOTING DOES NOT REQUIRE YOU TO PURCHASE SHARES OF VWF BANCORP, INC. COMMON STOCK IN THE OFFERING. S FOLD AND DETACH THE PROXY CARD HERE S VWF-PC

REVOCABLE PROXY S FOLD AND DETACH THE PROXY CARD HERE S CONTROL NUMBER Please vote by marking one of the boxes as shown. ✔ VWF-BRANCH NAME ADDRESS 1 ADDRESS 2 CITY STATE ZIP EMAIL 1. The approval of a Plan of Conversion whereby Van Wert Federal Savings Bank will convert from the mutual form of organization to the stock form of organization and will become the wholly owned subsidiary of a new stock holding company to be known as VWF Bancorp, Inc., as described in more detail in the accompanying proxy statement (the “Conversion”). This proxy is revocable and will be voted as directed, but if no LQVWUXFWLRQV DUH VSHFL¿HG WKLV SUR[\ ZLOO EH YRWHG ³)25´ WKH proposals, only if signed and dated. If any other business is SUHVHQWHG DW WKH 6SHFLDO 0HHWLQJ RI 0HPEHUV WKH ³0HHWLQJ´ including whether or not to adjourn the Meeting, this proxy will be voted by the proxies in their best judgment. At the present time, the board of directors knows of no other business to be presented at the Meeting. This proxy also confers discretionary authority on the board of directors to vote with respect to any other business that may come before the Meeting or any adjournment of the Meeting. The undersigned acknowledges receipt from Van Wert Federal Savings Bank, before the execution of this proxy, of both Notice of the Special Meeting of Members and a Proxy Statement for the Meeting. Signature: ______________________________________________________________ Date: ____________________, 2022 NOTE: Only one signature is required in the case of a joint account. Please sign exactly as your name appears on this proxy card. When signing as attorney, executor, DGPLQLVWUDWRUWUXVWHHRUJXDUGLDQSOHDVHJLYH\RXUIXOOWLWOH&RUSRUDWLRQVRUSDUWQHUVKLSSUR[LHVVKRXOGEHVLJQHGE\DQDXWKRUL]HGRႈFHU FOR AGAINST

S FOLD AND DETACH THE PROXY CARD HERE S VWF-BRANCH REVOCABLE PROXY VAN WERT FEDERAL SAVINGS BANK SPECIAL MEETING OF MEMBERS TO BE HELD ON JUNE 28, 2022 THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS OF VAN WERT FEDERAL SAVINGS BANK FOR USE AT A SPECIAL MEETING OF MEMBERS TO BE HELD ON JUNE 28, 2022, AND ANY ADJOURNMENTS OR POSTPONEMENTS OF THE SPECIAL MEETING, FOR THE PURPOSES SET FORTH IN THE ACCOMPANYING NOTICE 2)63(&,$/0((7,1*<285%2$5'2)',5(&725681$1,0286/<5(&200(1'67+$7<28927(³)25´ APPROVAL OF THE PLAN OF CONVERSION. The above-signed being a member of Van Wert Federal Savings Bank hereby authorizes the full Board of Directors, and each of them, with full powers of substitution, to represent the above-signed at the Special Meeting of Members (the “Meeting”) to be held on June 28, 2022, at 2:00 P.M., Eastern Time, at 976 S. Shannon St., Van Wert, Ohio, and at any adjournment or postponement of the Meeting, to act with respect to all votes that the undersigned would be entitled to cast if then personally present, as set forth above. Any member giving a proxy may revoke it at any time before it is voted by delivering to the Secretary of Van Wert Federal Savings Bank either a written revocation of the proxy, or a duly executed proxy bearing a later date, or by voting in person at the Meeting. &217,18('215(9(56(6,'(

VWF-QA Questions Questions & Answers Answers about our reorganization and stock offering about our reorganization and stock offering

GENERAL — THE CONVERSION Our board of directors has determined that the conversion is in the best interests of our organization, our customers and the communities we serve. Q. What is the conversion? A. Under our plan of conversion (the “Plan”), Van Wert Federal Savings Bank will convert from the mutual (meaning no stockholders) to the stock form of ownership, through the sale of shares of VWF Bancorp, Inc. common stock. Upon completion of the conversion, 100% of the common stock of VWF Bancorp, Inc. will be owned by stockholders, and VWF Bancorp, Inc. will own Van Wert Federal Savings Bank. Q. :KDWDUHWKHUHDVRQVIRUWKHFRQYHUVLRQDQGRႇHULQJ" A. ʘ2XUSULPDU\UHDVRQVIRUFRQYHUWLQJDQGUDLVLQJDGGLWLRQDO capital through the offering are to: Ɣ LQFUHDVHFDSLWDOWRVXSSRUWIXWXUHJURZWKDQGSUR¿WDELOLW\ Ɣ  UHWDLQ DQG DWWUDFW TXDOL¿HG SHUVRQQHO E\ HVWDEOLVKLQJ stock-based benefit plans for management and HPSOR\HHVDQG Ɣ  RႇHU RXU FXVWRPHUV DQG HPSOR\HHV DQ RSSRUWXQLW\ to purchase an equity interest in Van Wert Federal by purchasing shares of common stock of VWF Bancorp. Q. Is Van Wert Federal Savings Bank considered “well- capitalized” for regulatory purposes? A. Yes. As of March 31, 2022, Van Wert Federal Savings Bank was considered “well-capitalized” for regulatory purposes. Q. Will customers notice any change in Van Wert Federal Savings Bank day-to-day activities as a result of the FRQYHUVLRQDQGRႇHULQJ" A. No. It will be business as usual. The conversion is an internal change in our corporate structure. There will be no FKDQJHWRRXUERDUGRIGLUHFWRUVPDQDJHPHQWDQGVWDႇDV a result of the conversion. Van Wert Federal Savings Bank will continue to operate as an independent savings bank. Q. :LOOWKHFRQYHUVLRQDQGVWRFNRႇHULQJDႇHFWFXVWRPHUV¶ deposit accounts or loans? A. 1R7KHFRQYHUVLRQDQGVWRFNRႇHULQJZLOOQRWDႇHFWWKH balance or terms of deposits or loans, and deposits will continue to be federally insured by the Federal Deposit Insurance Corporation up to the maximum legal limits. Deposit accounts will not be converted to stock. THE PROXY VOTE Although we have received conditional regulatory approval, the Plan is also subject to approval by Van Wert )HGHUDO 6DYLQJV %DQN¶V PHPEHUV i.e., depositors and eligible borrowers of Van Wert Federal Savings Bank). Q. Why should I vote “FOR” the Plan? A. Your vote “For” the Plan is extremely important to us. Each Van Wert Federal Savings Bank member as of April 30, 2022 received a Proxy Card attached to a Stock 2UGHU )RUP 7KHVH SDFNDJHV DOVR LQFOXGHG D 3UR[\ Statement describing the Plan which cannot be implemented without the approval of the members of Van Wert Federal Savings Bank. Voting does not obligate you to purchase shares of FRPPRQVWRFNLQWKHRႇHULQJ Q.:KDWKDSSHQVLI,GRQ¶WYRWH" A. Your vote is very important. Proxy Cards not voted will KDYHWKHVDPHHႇHFWDVYRWLQJµµAgainst’’ the Plan.    :LWKRXWVX௻FLHQWIDYRUDEOHYRWHVZHFDQQRWFRPSOHWHWKH FRQYHUVLRQDQGWKHUHODWHGVWRFNR௺HULQJ Q. How do I vote? A. Mark your vote, sign and date each Proxy Card enclosed and return the card(s) in the enclosed Proxy Reply Envelope. Alternatively, you may vote by Phone or Internet by following the simple instructions on the Proxy Card. PLEASE VOTE PROMPTLY. Phone or Internet voting is available 24 hours a day. Q. How many votes are available to me? A. Depositors of Van Wert Federal Savings Bank at the close of business on April 30, 2022 are entitled to one vote for each $100 or fraction thereof on deposit at Van Wert Federal Savings Bank. In addition, eligible borrowers from Van Wert Federal Savings Bank at the close of business on April 30, 2022 are entitled to one vote in addition to any votes they may also be entitled to cast as depositors. However, no customer may cast more than 1,000 votes. Proxy Cards are QRWLPSULQWHGZLWK\RXUQXPEHURIYRWHVKRZHYHUYRWHVZLOO be automatically tallied by computer. Q. Why did I receive more than one Proxy Card? A. If you had more than one deposit or loan account at Van Wert Federal Savings Bank at the close of business on April 30, 2022, you may have received more than one Proxy Card, depending on the ownership structure of your accounts. There are no duplicate cards — please promptly vote all the Proxy Cards sent to you. Q. More than one name appears on my Proxy Card. Who must sign? $ 7KHQDPHVUHÀHFWWKHWLWOHRI\RXUDFFRXQW3UR[\&DUGV for joint accounts require the signature of only one of the account holders. Proxy Cards for trust or custodian accounts must be signed by the trustee or the custodian, not the listed EHQH¿FLDU\ 9:)%DQFRUS,QFLVR௺HULQJVKDUHVRILWVFRPPRQVWRFNIRUVDOHRQDEHVWH௺RUWVEDVLVLQFRQQHFWLRQZLWKWKH FRQYHUVLRQRI9DQ:HUW)HGHUDO6DYLQJV%DQNIURPWKHPXWXDOWRWKHVWRFNIRUPRIRUJDQL]DWLRQ 7KLVSDPSKOHWDQVZHUVTXHVWLRQVDERXWRXUFRQYHUVLRQDQGR௺HULQJ,QYHVWLQJLQVKDUHVRIFRPPRQVWRFNLQYROYHVFHUWDLQULVNV %HIRUHPDNLQJDQLQYHVWPHQWGHFLVLRQSOHDVHUHDGWKHHQFORVHG3URVSHFWXVFDUHIXOO\LQFOXGLQJWKH³5LVN)DFWRUV´VHFWLRQ

THE STOCK OFFERING AND PURCHASING SHARES Q. +RZPDQ\VKDUHVDUHEHLQJRႇHUHGDQGDWZKDWSULFH" A. 9:)%DQFRUS,QFLVRႇHULQJIRUVDOHEHWZHHQ and 2,530,000 shares of common stock (subject to increase to 2,909,500 shares) at $10.00 per share. No sales commission will be charged to purchasers. Q. :KRLVHOLJLEOHWRSXUFKDVHVWRFNGXULQJWKHVWRFNRႇHULQJ" A. Pursuant to the Plan, non-transferable rights to subscribe for shares of VWF Bancorp, Inc. common stock in the 6XEVFULSWLRQ2ႇHULQJ have been granted in the following descending order of priority: 3ULRULW\ — Depositors of VanWert Federal Savings Bank with aggregate balances of $50 or more at the FORVHRIEXVLQHVVRQ'HFHPEHU 3ULRULW\²2XUWD[TXDOL¿HGHPSOR\HHEHQH¿WSODQV 3ULRULW\ — Depositors of Van Wert Federal Savings Bank with aggregate balances of $50 or more at the FORVHRIEXVLQHVVRQ0DUFKDQG 3ULRULW\ — Depositors and eligible borrowers of Van Wert Federal Savings Bank at the close of business on April 30, 2022. Shares not sold in the 6XEVFULSWLRQ 2ႇHULQJ may be RႇHUHGIRUVDOHWRWKHSXEOLFLQD&RPPXQLW\2ႇHULQJ, with a preference given to natural persons and trusts of natural SHUVRQVUHVLGLQJLQ9DQ:HUW&RXQW\2KLR   6KDUHVQRWVROGLQWKH6XEVFULSWLRQDQG&RPPXQLW\2ႇHULQJV PD\ EH RႇHUHG IRU VDOH WR WKH JHQHUDO SXEOLF WKURXJK D 6\QGLFDWHG&RPPXQLW\2ႇHULQJ. Q. I am eligible to subscribe for shares of common stock LQWKH6XEVFULSWLRQ2ႇHULQJEXWDPQRWLQWHUHVWHGLQ investing. May I allow someone else to use my Stock Order Form to take advantage of my priority as an eligible account holder? A. No. Subscription rights are non-transferable! 2QO\WKRVH eligible to subscribe for common stock in the Subscription 2ႇHULQJas listed above, may subscribe for shares in the 6XEVFULSWLRQ2ႇHULQJ7RSUHVHUYHVXEVFULSWLRQULJKWVWKH shares may only be registered in the name(s) of eligible DFFRXQW KROGHUV 2Q RFFDVLRQ XQVFUXSXORXV SHRSOH attempt to persuade account holders to transfer subscription ULJKWV RU WR VXEVFULEH VKDUHV LQ WKH RႇHULQJ EDVHG RQ 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 account holders’ subscription rights in the Subscription 2ႇHULQJ Q. How may I order shares during the Subscription and &RPPXQLW\2ႇHULQJV" A. 6KDUHVFDQEHRUGHUHGE\FRPSOHWLQJD6WRFN2UGHU)RUP and returning it, with full payment, so that it is received (not SRVWPDUNHGEHIRUHWKHRႇHULQJGHDGOLQH<RXPD\VXEPLW \RXU 6WRFN 2UGHU )RUP by overnight delivery to the indicated address on the Stock Order Form, by hand- GHOLYHU\WR9DQ:HUW)HGHUDO6DYLQJV%DQN¶VRႈFHORFDWHG DW66KDQQRQ6W9DQ:HUW2KLRRUE\PDLOXVLQJWKH 6WRFN2UGHU5HSO\(QYHORSHSURYLGHG Q. What is the deadline for ordering shares? A. 7RRUGHUVKDUHVLQWKH6XEVFULSWLRQ2ႇHULQJ\RXPXVWGHOLYHU D SURSHUO\ FRPSOHWHG VLJQHG 6WRFN 2UGHU )RUP ZLWK IXOO payment, so that it is received (not postmarked) before 4:00 p.m., Eastern Time, on June 15, 2022. Acceptable methods IRUGHOLYHU\RI6WRFN2UGHU)RUPVDUHGHVFULEHGDERYH Q. How may I pay for the shares? A. Payment for shares can be remitted in three ways: (1) %\ SHUVRQDO FKHFN EDQN FKHFN RU PRQH\ RUGHU made payable to VWF Bancorp, Inc. These will be deposited upon receipt. We cannot accept wires or third party checks. (2) By authorized deposit account withdrawal of funds from your Van Wert Federal Savings Bank deposit DFFRXQWV7KH6WRFN2UGHU)RUPVHFWLRQWLWOHG³0HWKRG of Payment — Deposit Account Withdrawal” allows you to list the account number(s) and amount(s) to be withdrawn. Funds designated for direct withdrawal must be in the DFFRXQWVDWWKHWLPHWKH6WRFN2UGHU)RUPLVUHFHLYHG IRA or other retirement accounts held at Van Wert Federal Savings Bank may not be listed for direct withdrawal. See information on retirement accounts below. (3) By cash. 3OHDVHGRQRWPDLOFDVK Q. Will I earn interest on my funds? A. Yes. If you pay by cash, personal check, bank check or money order, you will earn interest at Van Wert Federal Savings Bank’s statement savings rate, which is subject to change at any time and is currently 0.01% per annum, from the date we process your payment until the completion RI WKH FRQYHUVLRQ DQG RႇHULQJ $W WKDW WLPH \RX ZLOO EH issued a check for interest earned on these funds. If you pay for shares by authorizing a direct withdrawal from your Van Wert Federal Savings Bank deposit account(s), your funds will continue earning interest within the account at the contract rate. The interest will remain in your account(s) when the designated withdrawal is made, upon completion RIWKHFRQYHUVLRQDQGRႇHULQJ Q. Are there limits to how many shares I can order? A. Yes. The minimum order is 25 shares ($250). The maximum number of shares that may be purchased by a person or group of persons exercising subscription rights through a single deposit account held jointly is 50,000 shares ($500,000). Additionally, no person or entity, together with any associate or group of persons acting in concert, may SXUFKDVH PRUH WKDQ  VKDUHV  LQ DOO FDWHJRULHVRIWKHRႇHULQJFRPELQHG  0RUHGHWDLORQSXUFKDVHOLPLWVLQFOXGLQJWKHGH¿QLWLRQRI “associate” and “acting in concert”, can be found in the 3URVSHFWXVVHFWLRQHQWLWOHG³7KH&RQYHUVLRQDQG2ႇHULQJ — Additional Limitations on Common Stock Purchases”. Q. May I use my Van Wert Federal Savings Bank individual UHWLUHPHQWDFFRXQW³,5$´WRSXUFKDVHVKDUHV" A. It’s possible to use funds currently held in retirement accounts with Van Wert Federal Savings 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 DEURNHUDJH¿UP,I\RXDUHLQWHUHVWHGLQXVLQJ,5$RUDQ\ other retirement funds held at Van Wert Federal Savings Bank or elsewhere, please call our Stock Information Center for guidance as soon as possible but in no event later than WZRZHHNVEHIRUHWKH-XQHRႇHULQJGHDGOLQH<RXU ability to use such funds for this purchase may depend on time constraints, because this type of purchase requires additional processing time, and may be subject to limitations imposed by the institution where the funds are held. Q. May I use a loan from Van Wert Federal Savings Bank to pay for shares? A. No. Van Wert Federal Savings Bank, by regulation, may not extend a loan for the purchase of VWF Bancorp, Inc. FRPPRQVWRFNLQWKHRႇHULQJ6LPLODUO\\RXPD\QRWXVH existing Van Wert Federal Savings Bank line of credit FKHFNVWRSXUFKDVHVWRFNLQWKHRႇHULQJ Q. May I change my mind after I place an order to subscribe for stock? A. 1R$IWHUUHFHLSW\RXUH[HFXWHG6WRFN2UGHU)RUPFDQQRW EHPRGL¿HGRUUHYRNHGZLWKRXWRXUFRQVHQWRUXQOHVVWKH RႇHULQJLVWHUPLQDWHGRULVH[WHQGHGEH\RQG-XO\ or the number of shares of common stock to be sold is increased to more than 2,909,500 shares or decreased to OHVVWKDQVKDUHV Q. $UHGLUHFWRUVDQGH[HFXWLYHRႈFHUVRI9DQ:HUW)HGHUDO Savings Bank planning to purchase stock? A. <HV'LUHFWRUVDQGH[HFXWLYHRႈFHUVWRJHWKHUZLWKWKHLU associates, are expected to subscribe for an aggregate of  VKDUHV  RU DSSUR[LPDWHO\  RI WKHVKDUHVWREHVROGLQWKHRႇHULQJDWWKHPLQLPXPRIWKH RႇHULQJUDQJH Q. Will the common stock be insured? A. No. Like any common stock, VWF Bancorp, Inc.’s common stock will not be insured by the Federal Deposit Insurance Corporation. Q. Will dividends be paid on the stock? A. Following completion of the offering, VWF Bancorp, Inc.’s board of directors will have the authority to declare dividends on the common stock. However, no decision has been made with respect to the payment of dividends. The payment and amount of any dividend payments will depend upon a number of factors, including the following: regulatory FDSLWDOUHTXLUHPHQWVRXU¿QDQFLDOFRQGLWLRQDQGUHVXOWVRI RSHUDWLRQV WD[ FRQVLGHUDWLRQV VWDWXWRU\ DQG UHJXODWRU\ OLPLWDWLRQVDQGJHQHUDOHFRQRPLFFRQGLWLRQV Q. How will the shares of VWF Bancorp, Inc. trade? A. :HDQWLFLSDWHWKDWWKHFRPPRQVWRFNVROGLQWKHRႇHULQJZLOOEH TXRWHGRQWKH27&4%0DUNHWSODFHRSHUDWHGE\27&0DUNHWV *URXS2QFHWKHVKDUHVKDYHEHJXQWUDGLQJ\RXPD\FRQWDFW D¿UPRႇHULQJLQYHVWPHQWVHUYLFHVLQRUGHUWREX\RUVHOO9:) Bancorp, Inc. common stock. Q. ,I , SXUFKDVH VKDUHV GXULQJ WKH RႇHULQJ ZKHQ ZLOO , receive my shares? A. All shares of VWF Bancorp, Inc. common stock sold in the RႇHULQJZLOOEHLVVXHGLQERRNHQWU\IRUPRQWKHERRNVRI our transfer agent, through the Direct Registration System. 3DSHU VWRFN FHUWL¿FDWHV ZLOO QRW EH LVVXHG  $V VRRQ DV SUDFWLFDEOH DIWHU FRPSOHWLRQ RI WKH RႇHULQJ RXU WUDQVIHU DJHQWZLOOVHQGE\¿UVWFODVVPDLODVWDWHPHQWUHÀHFWLQJ your stock ownership. WHERE TO GET MORE INFORMATION Q. How can I get more information? A. For more information, refer to the enclosed Prospectus or call our Stock Information Center, at [_______], from 10:00 a.m. to 5:00 p.m., Eastern Time, Monday through Friday. The Stock Information Center will be closed on bank holidays. 7KLVEURFKXUHLVQHLWKHUDQRႇHUWRVHOOQRUDVROLFLWDWLRQRI DQRႇHUWREX\VKDUHVRIFRPPRQVWRFN7KHRႇHULVPDGH only by the Prospectus when accompanied by a stock RUGHUIRUP7KHVKDUHVRIFRPPRQVWRFNEHLQJRႇHUHG by the Prospectus are not deposits or savings accounts and are not insured by the Federal Deposit Insurance Corporation or any other government agency.

PLEASE VOTE THE ENCLOSED PROXY CARD! If you have not yet voted the Proxy Card(s) we recently mailed to you in a large white package, please vote the enclosed replacement Proxy Card. You may vote by mail using the enclosed envelope or follow the Phone or Internet voting instructions on the Proxy Card. PLEASE JOIN YOUR BOARD OF DIRECTORS IN VOTING “FOR” THE PLAN OF CONVERSION. NOT VOTING HAS THE SAME EFFECT AS VOTING “AGAINST” THE PLAN OF CONVERSION. VOTING DOES NOT OBLIGATE YOU TO PURCHASE COMMON STOCK DURING THE OFFERING. THE CONVERSION WILL CHANGE OUR FORM OF CORPORATE ORGANIZATION, BUT WILL NOT RESULT IN CHANGES TO OUR STAFF, MANAGEMENT OR YOUR DEPOSIT ACCOUNTS OR LOANS AT VAN WERT FEDERAL SAVINGS BANK. DEPOSIT ACCOUNTS WILL NOT BE CONVERTED TO COMMON STOCK. If you receive more than one of these reminder mailings, please vote each Proxy Card received. None are duplicates! QUESTIONS? Please call our Information Center at [________], from 10:00 a.m. to 5:00 p.m., Eastern Time, Monday through Friday, except bank holidays. VWF-PG1

PLEASE VOTE THE ENCLOSED PROXY CARD! If you have not yet voted the Proxy Card(s) we recently mailed to you in a large white package, please vote the enclosed replacement Proxy Card. You may vote by mail using the enclosed envelope or follow the Phone or Internet voting instructions on the Proxy Card. PLEASE JOIN YOUR BOARD OF DIRECTORS IN VOTING “FOR” THE PLAN OF CONVERSION. NOT VOTING HAS THE SAME EFFECT AS VOTING “AGAINST” THE PLAN OF CONVERSION. VOTING DOES NOT OBLIGATE YOU TO PURCHASE COMMON STOCK DURING THE OFFERING. THE CONVERSION WILL CHANGE OUR FORM OF CORPORATE ORGANIZATION, BUT WILL NOT RESULT IN CHANGES TO OUR STAFF, MANAGEMENT OR YOUR DEPOSIT ACCOUNTS OR LOANS AT VAN WERT FEDERAL SAVINGS BANK. DEPOSIT ACCOUNTS WILL NOT BE CONVERTED TO COMMON STOCK. If you receive more than one of these reminder mailings, please vote each Proxy Card received. None are duplicates! QUESTIONS? Please call our Information Center at [_________], from 10:00 a.m. to 5:00 p.m., Eastern Time, Monday through Friday, except bank holidays. VWF-PG2

IMPORTANT NOTICE THIS PACKAGE INCLUDES PROXY CARD(S) REQUIRING YOUR PROMPT VOTE. IF MORE THAN ONE PROXY CARD IS ENCLOSED, PLEASE VOTE EACH CARD. THERE ARE NO DUPLICATE CARDS! THANK YOU! VWF-PF