On January 24, 2022, Timberland Bancorp, Inc. (the Company) and its Timberland Bank (the Bank) announced that, effective January 24, 2022, Michael Sand will begin preparing for his transition into retirement from his position as Chief Executive Officer of both the Company and the Bank.  Mr. Sand plans to retire on January 24, 2023 and plans to continue to serve on the Boards of Directors of both the Company and the Bank after his retirement.