Company: ONBPP
Filing Date: 2025-01-14
Form Type: S-4
Source: 0001104659-25-003488
Chunk: 38

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-01-14
Form: S-4
Chunk 38
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ulatory approvals may not be received, may take longer than expected or may impose conditions that are not presently anticipated or that could have an adverse effect on the combined company following the mergers.

Before the mergers may be completed, Old National and Bremer must obtain all necessary approvals or waivers from the OCC and the Federal Reserve Board. Other approvals, waivers or consents from regulators could also be required. In determining whether to grant these approvals, the regulators consider a variety of factors, including the regulatory standing of each party and the factors described under “The Mergers — Regulatory Approvals Required for the Mergers.” An adverse development in either party’s regulatory standing or these factors could result in an inability to obtain approval or delay their receipt. These regulators may impose conditions on the completion of the mergers or require changes to the terms of the mergers. Such conditions or changes could have the effect of delaying or preventing completion of the mergers or imposing additional costs on or limiting the revenues of the combined company following the mergers, any of which might have an adverse effect on the combined company following the mergers.

Additionally, under the terms of the merger agreement, Old National and Bremer are not required to take actions or agree to conditions in connection with obtaining consents, approvals and authorizations of governmental entities that would reasonably be expected to have a material adverse effect on Old National and its subsidiaries, taken as a whole, after giving effect to the mergers (a “materially burdensome regulatory condition”). For further information, see “The Mergers — Regulatory Approvals Required for the Mergers.”

Certain of Bremer’s directors and executive officers have interests in the mergers that may differ from the interests of Bremer shareholders.

Bremer shareholders should be aware that some of Bremer’s directors and executive officers have interests in the mergers that may be different from, or in addition to, the interests of the other Bremer shareholders generally. These interests and arrangements may create potential conflicts of interest. The Bremer board of directors was aware of these interests and considered these interests, among other matters, when making its decision to approve the merger agreement and in recommending that Bremer shareholders vote in favor of approving and adopting the merger agreement.

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For a more complete description of these interests, see “The Mergers — Interests of Bremer’s Directors and Executive Officers in the Mergers.”

Termination of the merger agreement could negatively impact Bremer.

If the merger