X0202 SCHEDULE 13G/A 0001656345 XXXXXXXX LIVE 2 Common Stock, no par value 06/30/2026 0000767405 SB FINANCIAL GROUP, INC. 78408D105 401 CLINTON ST DEFIANCE OH 43512 Rule 13d-1(b) Strategic Value Investors LP a DE 0.00 243628.00 0.00 243628.00 243628.00 3.9 PN Ben Mackovak a OH 0.00 243628.00 0.00 243628.00 243628.00 3.9 IN Marty Adams a OH 0.00 243628.00 0.00 243628.00 243628.00 3.9 IN STRATEGIC VALUE BANK PARTNERS LLC a OH 0.00 243628.00 0.00 243628.00 243628.00 3.9 IA Strategic Value Private Partners LLC a OH 0.00 243628.00 0.00 243628.00 243628.00 3.9 PN General Partner of Strategic Value Investors LP SB FINANCIAL GROUP, INC. 401 CLINTON ST, DEFIANCE, OHIO, 43512. Strategic Value Investors, LP is a Delaware limited partnership. Ben Mackovak (Mackovak), who serves as a managing member of Strategic Value Bank Partners LLC Marty Adams (Adams), who serves as a managing member of Strategic Value Bank Partners LLC Strategic Value Private Partners LLC, an Ohio Limited Liability company, which serves as the general partner of Strategic Value Private Investors, LP. Strategic Value Bank Partners LLC, an Ohio Limited Liability company, which serves as the general partner of Strategic Value Investors, LP. 127 Public Square - Suite 1510, Cleveland, Ohio 44114 Strategic Value Investors is organized under the laws of the State of Delaware. Strategic Value Bank Partners LLC and Strategic Value Private Partners LLC are organized under the laws of the State of Ohio. Each of Messrs. Mackovak and Adams is a citizen of the United States of America. N IA 243628 3.9 0 243628 0 243628 Y Y Y N See Item 2. Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. Strategic Value Investors LP /s/ Mike David 08/19/2026 Ben Mackovak /s/ Ben Mackovak 08/19/2026 Marty Adams /s/ Marty Adams 08/19/2026 STRATEGIC VALUE BANK PARTNERS LLC /s/ Mike David 08/19/2026 Strategic Value Private Partners LLC /s/ Mike David 08/19/2026