Company: FRME
Filing Date: 2025-10-17
Form Type: S-4/A
Source: 0001193125-25-242318
Chunk: 76

Company: FIRST MERCHANTS CORP
Filing Date: 2025-10-17
Form: S-4/A
Chunk 76
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 the transaction fee which will become payable to Piper Sandler upon closing of the transaction. First Savings has also agreed
to indemnify Piper Sandler against certain claims and liabilities arising out of Piper Sandler’s engagement and to reimburse Piper Sandler for certain of its
out-of-pocket expenses incurred in connection with Piper Sandler’s engagement.

In the two years preceding the date of Piper Sandler’s opinion Piper Sandler did not provide any other investment banking services to
First Savings, nor did Piper Sandler provide any investment banking services to First Merchants. In the ordinary course of Piper Sandler’s business as a broker-dealer, Piper Sandler may purchase securities from and sell securities to First
Savings, First Merchants and their respective affiliates. Piper Sandler may also actively trade the equity and debt securities of First Savings, First Merchants and their respective affiliates for Piper Sandler’s account and for the accounts
of Piper Sandler’s customers.

Certain Unaudited Prospective Financial Information

First Merchants and First Savings do not, as a matter of course, publicly disclose forecasts or internal projections as to their respective
future performance, revenues, earnings, financial condition, or other results given, among other reasons, the inherent uncertainty of the underlying assumptions and estimates, other than, from time to time, estimated ranges of certain expected
financial results and operational metrics for the current year and certain future years in their respective regular earnings press releases and other investor materials.

However, First Merchants and First Savings are including in this proxy statement and prospectus certain unaudited prospective financial
information for First Merchants and First Savings that was made available as described below. We refer to this information collectively as the “prospective financial information”. A summary of certain significant elements of this
information is included in this proxy statement and prospectus solely for the purpose of providing holders of First Savings common stock access to certain information made available to First Merchants and First Savings and their respective boards of
directors and financial advisors.

Neither First Merchants nor First Savings endorses the prospective financial information as necessarily
predictive of actual future results. Furthermore, although presented with numerical specificity, the prospective financial information reflects numerous estimates and assumptions with respect to, among other things, economic, competitive,
regulatory, and financial market conditions and future business decisions that may not be realized and that are inherently subject to significant business, economic, competitive, and regulatory uncertainties and contingencies, including, among other
things, the inherent uncertainty of the business and

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economic