Federal Home Loan Bank of Chicago 2026 Board of Directors Election Results October 26, 2026 (Form 8-K)

Federal Home Loan Bank of Chicago

2026 Board of Directors Election Results

October 26, 2026

The Federal Home Loan Bank of Chicago is pleased to announce the results of the 2026 election of Federal Home Loan Bank of Chicago member and independent directors for member institutions in Illinois and Wisconsin. The directors' 4-year terms will begin on January 1, 2027, and end on December 31, 2030.

Illinois			Members Eligible to Vote			Members Casting Votes			Total Eligible Votes
One Seat			408			133			5,447,854

			Candidate(s)			Votes			FHFA ID
Elected			Betsy A. Johnson Chairman and Chief Executive Officer Solutions Bank Forreston, IL			1,145,596			14503
			Paul Otto Executive VP and CFO First American Bank Elk Grove Village, IL			275,059			11088
			Adam Steinback President Albank NA Chicago, IL			990,034			56,458
			Total Number of Votes Cast			2,410,689

Wisconsin
Once Seat			Mr. Hegenbarth ran unopposed and was declared elected on September 15, 2026.

			Candidate(s)						FHFA ID
Declared Elected			James H. Hegenbarth President and Director Bank CMG Madison, Wisconsin						13014

Independent Director			Members Eligible to Vote			Members Casting Votes			Total Eligible Votes
One Seat (Public Interest)			636			181			9,269,188

			Candidate(s)			Votes
Elected			Kevin L. Newell Founder and CEO Royal Capital Group Milwaukee, Wisconsin			3,453,874

Thank you for participating in this year's election process. Your contribution ensures sound representation on our Board of Directors for the mutual benefit of the Federal Home Loan Bank of Chicago and its member-stockholders. For your reference, the biographies including the qualifications of the newly elected directors, are located on fhlbc.com.

Sincerely,

/s/ Laura M. Turnquest

Laura M. Turnquest

Executive Vice President, Chief Legal Officer,

General Counsel and Corporate Secretary