Company: MBINL
Filing Date: 2025-05-23
Form Type: S-3
Source: 0001104659-25-052423
Chunk: 56

Company: Merchants Bancorp
Filing Date: 2025-05-23
Form: S-3
Chunk 56
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 file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite or necessary to be done in and about the premises, as full to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in- fact and agents or any of them, or their or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof. Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates indicated.

| ​ 
 ​ 
 ​ | Signature           
 /s/MichaelF. Petrie 
 ​                   
 Michael F. Petrie   
 /s/SeanA. Sievers   
 ​                   
 Sean A. Sievers     | ​ 
 ​ 
 ​ | ​ 
 ​ 
 ​ | Title                                                                      
 Director (Chairman); Chief Executive Officer (Principal Executive Officer) 
 Chief Financial Officer (Principal Financial Officer)                      | ​ 
 ​ 
 ​ | ​ 
 ​ 
 ​ | Date         
 May 23, 2025 
 May 23, 2025 | ​ 
 ​ 
 ​ |
|:--|:--------------------|:--|:--|:---------------------------------------------------------------------------|:--|:--|:-------------|:--|
| ​ | /s/DarinThomas      
 ​                   
 Darin Thomas        | ​ | ​ | Accounting Officer (Principal Accounting Officer)                          | ​ | ​ | May 23, 2025 | ​ |
| ​ | /s/RandallD. Rogers 
 ​                   
 Randall D. Rogers   | ​ | ​ | Director                                                                   | ​ | ​ | May 23, 2025 | ​ |
| ​ | /s/MichaelJ. Dunlap 
 ​                   
 Michael J. Dunlap   | ​ | ​ | Director                                                                   | ​ | ​ | May 23, 2025 | ​ |
| ​ | /s/ScottA. Evans    
 ​                   
 Scott A. Evans      | ​ | ​ | Director                                                                   | ​ | ​ | May 23, 2025 | ​ |

II-6

TABLE OF CONTENTS

| ​ 
 ​ 
 ​ | Signature              
 /s/SueAnnGilroy        
 ​                      
 Sue Ann Gilroy         
 /s/AndrewA. Juster