Company: ASB
Filing Date: 2025-12-30
Form Type: S-4
Source: 0001193125-25-337086
Chunk: 44

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-12-30
Form: S-4
Chunk 44
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, which is attached asAnnex Ato this information statement/prospectus and incorporated by reference herein. This summary does not purport to be complete and may not contain all of the information about the Merger Agreement that is important to you. You are urged to read the full text of the Merger Agreement, as it is the legal document governing the Merger. This section is not intended to provide you with any factual information about Associated or American National. Such information can be found elsewhere in this information statement/prospectus and in the public filings Associated makes with the SEC, as described in the section entitled “Where You Can Find More Information.”

Explanatory Note Regarding the Merger Agreement

The Merger Agreement and this summary of terms are included to provide you with
information regarding the terms of the Merger Agreement. Factual disclosures about Associated and American National contained in this information statement/prospectus or in the public reports of Associated filed with the SEC may supplement, update
or modify the factual disclosures about Associated and American National contained in the Merger Agreement. The Merger Agreement contains representations and warranties by Associated, on the one hand, and by American National, on the other hand,
made solely for the benefit of the other. The representations, warranties and covenants made in the Merger Agreement by Associated and American National were qualified and subject to important limitations agreed to by Associated and American
National in connection with negotiating the terms of the Merger Agreement. In particular, in your review of the representations and warranties contained in the Merger Agreement and described in this summary, it is important to bear in mind that the
representations and warranties were negotiated with the principal purpose of establishing circumstances in which a party to the Merger Agreement may have the right not to consummate the Merger if the representations and warranties of the other party
prove to be untrue due to a change in circumstance or otherwise, and allocating risk between the parties to the Merger Agreement, rather than establishing matters as facts. The representations and warranties also may be subject to a contractual
standard of materiality different from that generally applicable to shareholders and reports and documents filed with the SEC, and some were qualified by the matters contained in the confidential disclosure schedules that Associated and American
National each delivered in connection with the Merger Agreement and certain documents filed with the SEC. Moreover, information concerning the subject matter of the representations and warranties, which do not purport to be accurate as of the date
of this information statement/prospectus, may have changed since the date