Questions & Answers About Voting
The Boards of Directors of Capitol Federal Savings Bank, Capitol Federal Savings Bank MHC and Capitol Federal Financial have voted unanimously in favor of a plan of conversion and reorganization whereby Capitol Federal Savings Bank MHC will convert from the mutual holding company form to the full stock form of organization. The plan is subject to the affirmative vote of a majority of the total number of outstanding votes entitled to be cast by the members of Capitol Federal Savings Bank MHC at a special meeting of members. The plan must also be approved by Capitol Federal Financial stockholders by at least two-thirds of the outstanding shares of common stock of Capitol Federal Financial, including at least a majority of the outstanding shares of common stock owned by the minority stockholders other than Capitol Federal Savings Bank MHC.
Your vote is very important.
Vote Now with the unique control number indicated on each proxy card you received in the mail.
If you have more than one account, you may receive more than one proxy. Please vote today by returning all proxy cards received.Your Board of Directors urges you to vote "FOR" the conversion and reorganization, “FOR” the funding of the charitable foundation and return your proxy today.
- Why is Capitol Federal Savings Bank converting from the mutual holding company form to the full stock form of organization?
- Will the Capitol Federal Foundation be funded if the conversion
is not approved and completed?
- What if I have additional questions or require more information?
Q. Why is Capitol Federal Savings Bank converting from the mutual holding company form to the full stock form of organization?
A. We are converting to eliminate some of the uncertainties associated with the proposed financial regulatory reforms, including capital requirements, payment of dividends and conversion to full stock form.
Q. What changes will occur as a result of the conversion and reorganization? Will there be changes at my local branch?
A. No changes are planned in the way we operate our business. The Plan will have no effect on the staffing, products or services that we offer to our customers through our offices, except to enable us to add additional services in the future.
Q. Will the conversion affect any of my deposit accounts or loans?
A. No. The conversion will have no effect on the balance or terms of any deposit account. Your deposits will continue to be federally insured to the fullest extent permissible.The terms, including interest rates, of your loans with us will also be unaffected by the conversion.
Q. Who is eligible to vote on the conversion?
A. Depositors of Capitol Federal Savings Bank as of the close of business on July 2, 2010 (the “Voting Record Date”) and borrowers who had loans outstanding as of January 6, 1993 which continued to be outstanding as of July 2, 2010 are eligible to vote at the special meeting of members.
Q. Why did I receive several proxies?
A. If you have more than one account, you may have received more than one proxy, depending upon the ownership structure of your accounts. Please vote, sign, date and return all proxy cards that you received.
Q. Does my vote for the conversion mean that I must buy common stock of Capitol Federal Financial, Inc.?
A. No. Voting for the plan of conversion and reorganization does not obligate you to buy shares of common stock of Capitol Federal Financial, Inc.
A. You can vote by one of the following ways:
• By mailing your signed proxy card(s) in the postage-paid envelope marked "PROXY RETURN."
• By telephone or by internet as instructed on the proxy card.
Should you choose to attend the special meeting of members to be held on August 24, 2010, and decide to change your vote, you may do so by revoking any previously executed proxy.
Q. Are two signatures required on the proxy card for a joint account?
A. Only one signature is required on a proxy card for a joint account.
Q. Who should sign proxies for trust or custodian accounts?
A. The trustee or custodian must sign proxies for such accounts, not the beneficiary.
Q. I am the executor (administrator) for a deceased depositor.
Can I sign the proxy card?
A. Yes. Please indicate on the card the capacity in which you are signing.
Q. What is the Capitol Federal Foundation and why is it being funded?
A. To continue our long-standing commitment to our local communities, we intend to contribute additional funds to our existing charitable foundation, subject to member and stockholder approval. The Capitol Federal Foundation will continue to be dedicated to supporting charitable causes within the communities in which the Bank operates.
Q. Will the Capitol Federal Foundation be funded if the conversion is not approved and completed?
A. No. The charitable foundation will only be funded if both the plan and the funding of the foundation are approved by the members and stockholders. However, if we receive all other approvals we will be permitted to complete the conversion without funding the foundation, if funding the foundation is not approved by our members and stockholders.
Additional Information
Q. What if I have additional questions or require more information?
A. Capitol Federal Financial's proxy statement and the prospectus describe the conversion in detail. Please read the proxy statement and prospectus carefully before voting or subscribing for stock. If you have any questions, you may call our Stock Information Center at 877-518-0123, Monday through Friday, between the hours of 10:00 a.m. and 4:00 p.m., Central Time. Additional material may only be obtained from the Stock Information Center. The shares of common stock being offered are not savings accounts or deposits and are not insured or guaranteed by Capitol Federal Savings Bank, Capitol Federal Savings Bank MHC, Capitol Federal Financial, Capitol Federal Financial, Inc., the Federal Deposit Insurance Corporation or any other government agency. This is not an offer to sell or a solicitation of an offer to buy common stock. The offer is made only by the prospectus.
