On June 28, 2022, the Board of Directors of Marathon Bancorp, Inc. appointed Ann M. Werth to the Company's Board of Directors. The Boards of Directors of Marathon MHC and Marathon Bank also appointed Ms. Werth to their respective boards. Ms. Werth was the former Community and Economic Development Director of the City of Wausau, Wisconsin.

She was instrumental in the development of the Wausau River District and the commercial and retail development of downtown Wausau. Ms. Werth is a lifelong Wausau resident and has focused on community and economic development for the past 30 years and serves as a Board Member of the Community Foundation of North Central Wisconsin.