X0306 4 2021-12-10 0000858800 EMCLAIRE FINANCIAL CORP EMCF 0001629956 Bauer Milissa S 633 MAYFIELD ROAD P O BOX 765 CLARION PA 16214 1 Common Stock 2021-12-10 4 A 0 750 A 26336 D Common Stock 13982 I By spouse Common Stock 100 I By child Balance includes shares acquired under the Corporation's Dividend Reinvestment Program for the fourth quarter of 2020 and first, second and third quarters of 2021. Restricted stock grants issued by the Corporation subject to three year cliff vesting. /s/ William C. Marsh, POA 2021-12-13