SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Blue Foundry Bancorp (Nasdaq – BLFY)

BALA CYNWYD – November 25, 2025/Globe Newswire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Blue Foundry Bancorp (“Blue Foundry” or the “Company”) (Nasdaq – BLFY) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the acquisition of the Company by Fulton Financial Corporation (“Fulton”) (Nasdaq – FULT). Each share of Blue Foundry common stock will be exchanged for 0.6500 shares of Fulton common stock. Based on Fulton’s share price of $17.96 as of November 21, 2025, the transaction is valued at approximately $243 million, or $11.67 per share of Blue Foundry common stock.

The investigation concerns whether the Blue Foundry Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company’s shareholders.

If you own shares of Blue Foundry stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman by email at clients@brodsky-smith.com, or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.