Company: ASB
Filing Date: 2025-12-30
Form Type: S-4
Source: 0001193125-25-337086
Chunk: 69

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-12-30
Form: S-4
Chunk 69
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 the transactions contemplated thereby will be paid by the party incurring such fees or expenses, whether or not the Merger is consummated. 48

Amendment, Waiver and Extension of the Merger Agreement

Subject to compliance with applicable law, the Merger Agreement may be amended by the parties at any time before or after the receipt of the
written consent of the American National voting shareholders.

At any time prior to the effective time, the parties may, to the extent
legally allowed, extend the time for the performance of any of the obligations or other acts of the other party, waive any inaccuracies in the representations and warranties of the other party contained in the Merger Agreement or in any document
delivered by such other party pursuant to the Merger Agreement, and waive compliance with any of the agreements or satisfaction of any conditions for its benefit contained in the Merger Agreement.

Governing Law

The Merger Agreement is governed by and will be construed in accordance with the laws of the State of Wisconsin, without regard to any
applicable conflicts of law principles (except that matters relating to the fiduciary duties of the American National board of directors are subject to the laws of the State of Nebraska).

Specific Performance

Associated and American National will be entitled to specific performance of the terms of the Merger Agreement, including an injunction or
injunctions to prevent breaches of the Merger Agreement or to enforce specifically the performance of the terms and provisions thereof (including the parties’ obligation to consummate the Merger), in addition to any other remedy to which they
are entitled at law or in equity. Each of Associated and American National waives any defense in any action for specific performance that a remedy at law would be adequate and any requirement under any law to post security or a bond as a
prerequisite to obtaining equitable relief.

Transfer, Voting and Registration Rights Agreement

In accordance with the Merger Agreement, Associated and Associated Bank, as applicable, also entered into certain ancillary agreements,
including the Transfer, Voting and Registration Rights Agreement, pursuant to which, among other things, (A) such American National voting shareholders (i) delivered their executed unanimous written consent to approve and adopt the Merger
Agreement, (ii) agreed to comply with certain transfer restrictions with respect to the Associated common stock such shareholders will receive in the Merger, and (iii) agreed, subject to limited exceptions, to vote their shares of
Associated common stock in accordance with the recommendation of the Associated board of directors, and