Company: ONBPP
Filing Date: 2025-01-14
Form Type: S-4
Source: 0001104659-25-003488
Chunk: 234

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-01-14
Form: S-4
Chunk 234
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            | ​ | ​ |       9.6 | ​ |
| Trust                                       | ​ | ​ |  Recitals | ​ |
| Trustee Voting Agreement                    | ​ | ​ |  Recitals | ​ |
| Trustees                                    | ​ | ​ |  Recitals | ​ |
| Withholding Agent                           | ​ | ​ |    2.2(g) | ​ |

A-vii

TABLE OF CONTENTS

### AGREEMENT AND PLAN OF MERGER
AGREEMENT AND PLAN OF MERGER, dated as of November 25, 2024 (this “ Agreement ”), by and among Bremer Financial Corporation, a Minnesota corporation (the “ Company ”), Old National Bancorp, an Indiana corporation (“ Parent ”) and ONB Merger Sub, Inc., an Indiana corporation and a wholly-owned subsidiary of Parent (“ Merger Sub ”).

<div align='center'>**W I T N E S S E T H:**</div>

WHEREAS, the Board of Directors of the Company has unanimously (i) determined that this Agreement and the transactions contemplated hereby, including the Mergers, are in the best interests of the Company and the Company’s shareholders, and declared that this Agreement is advisable, and (ii) approved the execution, delivery and performance by the Company of this Agreement and the consummation of the transactions contemplated hereby, including the Mergers;

WHEREAS, the Board of Directors of Parent has unanimously (i) determined that this Agreement and the transactions contemplated hereby, including the Mergers, are in the best interests of Parent and Parent’s shareholders, and (ii) approved the execution, delivery and performance by Parent of this Agreement and the consummation of the transactions contemplated hereby, including the Mergers;

WHEREAS, the Board of Directors of Merger Sub has unanimously (i) determined that this Agreement and the transactions contemplated hereby, including the Merger, are in the best interests of Merger Sub and Merger Sub’s sole stockholder, and (ii) approved the execution, delivery and performance by Merger Sub of this Agreement and the consummation of the transactions contemplated hereby, including the Merger;

WHEREAS, Parent, as Merger Sub’s sole stockholder, has adopted and approved this Agreement and the transactions contemplated hereby by written consent;

WHEREAS, the Board of Directors of the Company, subject to the terms of this Agreement, has resolved to recommend that the Company’s shareholders approve this Agreement and to submit this Agreement to the Company’s shareholders for