Company: UMBFO
Filing Date: 2025-02-03
Form Type: 8-K
Source: 0001193125-25-018885
Chunk: 7

Company: UMB FINANCIAL CORP
Filing Date: 2025-02-03
Form: 8-K
Item: Item 2.03
Chunk 7
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 incorporated herein by reference.

The foregoing description of the certificate of amendment, the certificate of designation and the terms of the UMB Preferred Stock does not purport to be complete and is qualified in its entirety by reference to the full text of the certificate of amendment and the certificate of designation, which are filed as Exhibits 3.1 and 3.2 to this Current Report and are incorporated by reference herein.

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Board of Directors

In accordance with the terms of the Merger Agreement, the size of the board of directors of the Company (the “ Board”) as of the Effective Time was increased to consist of a total of 16 directors, including 11 current directors of UMB and five directors of HTLF mutually agreed by UMB and HTLF.

Continued Service of Directors; Election of Directors

The 11 current directors of UMB, each of whom previously served, and continues to serve, as a member of the Board, are as follows: J. Mariner Kemper, Robin C. Beery, Janine A. Davidson, Kevin C. Gallagher, Greg M. Graves, Gordon E. Lansford III, Timothy R. Murphy, Tamara M. Peterman, Kris A. Robbins, L. Joshua Sosland and Leroy J. Williams, Jr.

The five former directors of HTLF mutually agreed by UMB and HTLF, each of whom previously served as a member of the board of directors of HTLF immediately prior to the Merger and was appointed by the Board to fill the vacancies resulting from the increase in the size of the Board referred to above, in each case effective as of the Effective Time, are as follows: John Schmidt, Jennifer Hopkins, Susan Murphy, Margaret Lazo and Brad Henderson (collectively, the “ New Directors”). Certain New Directors have also been assigned to serve on certain committees of UMB’s board of directors. In particular, (i) Brad Henderson, Jennifer Hopkins and Susan Murphy have been assigned to serve on the Audit Committee, (ii) Brad Henderson, Jennifer Hopkins, Margaret Lazo and Susan Murphy have been assigned to serve on the Risk Committee, (iii) Margaret Lazo has been assigned to serve on the Compensation Committee and (iv) John Schmidt has been assigned to serve on the Governance Committee.

Other than the Merger Agreement, there are no arrangements between the New Directors and