Company: UMBFO
Filing Date: 2025-04-11
Form Type: S-3ASR
Source: 0001193125-25-079117
Chunk: 51

Company: UMB FINANCIAL CORP
Filing Date: 2025-04-11
Form: S-3ASR
Chunk 51
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 to the best interests of the Corporation.

Any Employee may likewise be indemnified under subsection (b), but such indemnification is not mandatory.

Notwithstanding, no indemnification shall be made in respect of any matter in which any person has been adjudged to be liable for negligence
or misconduct in the performance of their duty to the Corporation unless and only to the extent that a court determines that, despite the adjudication of liability and in view of all the circumstances of the case, the person is fairly and reasonably
entitled to indemnity for such expenses which the court deems proper.

c.Mandatory Indemnification. Except as may
otherwise be provided in the Articles of Incorporation or these Bylaws, any person who has been successful on the merits or otherwise in defense of any Action referred to in subsections (a) or (b) above, or in defense of any claim, issue,
or matter therein, shall be indemnified against Expenses actually and reasonably incurred by them in connection therewith.

d.Standard of Conduct. Except as provided in subsection (e), indemnification of anyone under subsections (a) or
(b), unless ordered by a court of competent jurisdiction, shall only be made by the Corporation in each case upon a determination that it is proper because the person has met the applicable standard of conduct. Such a determination may be made by
the Board, or a committee of the Board comprised solely of non-employee directors, and as otherwise permitted by applicable law.

e.Prohibited Indemnification. Notwithstanding anything herein to the contrary, unless required by applicable law, no
person shall be indemnified against any Expenses incurred:

i. to the extent prohibited by applicable law, or to the extent
an indemnification otherwise constitutes a “prohibited indemnification payment” (as such term is defined under the Federal Deposit Insurance Act and regulations thereunder), except as specifically permitted by the foregoing Act and
regulations; or

ii. unless the person notifies the Corporation in writing of the Action promptly on becoming aware and,
before incurring expense of any kind in connection with the Action, gives the Corporation or its insurer the opportunity to provide an independent attorney to represent them in connection with the Action; or

iii. in connection with any settlement of any Action brought or threatened against them unless the Board: (A) approved the
amount of such settlement as (I) reasonable and (II) not affecting the Corporation’s safety and soundness, or (B) could not, by reason of the Action,