Company: ASB
Filing Date: 2025-12-30
Form Type: S-4
Source: 0001193125-25-337086
Chunk: 65

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-12-30
Form: S-4
Chunk 65
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 other than the transactions contemplated by the merger agreement, any offer, inquiry or proposal relating to, or any third-party indication of interest in,
(i) any acquisition or purchase, direct or indirect, of 20% or more of the consolidated assets of American National and its subsidiaries or 20% or more of any class of equity or voting securities of American National or its subsidiaries whose
assets, individually or in the aggregate, constitute 20% or more of the consolidated assets of American National, (ii) any tender offer or exchange offer that, if consummated, would result in such third party beneficially owning 20% or more of
any class of equity or voting securities of American National or its subsidiaries whose assets, individually or in the aggregate, constitute 20% or more of the consolidated assets of American National, or (iii) a merger, consolidation, share
exchange or other business combination, reorganization, recapitalization, liquidation, dissolution or similar transaction involving a party or its subsidiaries whose assets, individually or in the aggregate, constitute 20% or more of the
consolidated assets of American National.

American National has also agreed to, and will cause its representatives to, immediately cease
and cause to be terminated any activities, discussions or negotiations conducted before the date of the merger agreement with any person other than Associated with respect to any American National acquisition proposal. Further, American National has
agreed to, and to cause its subsidiaries to, promptly request (to the extent it has not already done so prior to the date of the merger agreement) any person that has executed a confidentiality or
non-disclosure agreement in connection with any actual or potential American National acquisition proposal that remains in effect as of the date of the merger agreement to return or destroy all confidential
information of American National or its subsidiaries in the possession of such person or its representatives. In addition, American National has agreed to promptly (and in any event within 24 hours) advise Associated following receipt of any
American National acquisition proposal or any inquiry that could reasonably be expected to lead to an American National acquisition proposal, and the substance thereof (including the material terms and conditions of and the identity of the person
making such inquiry or American National acquisition proposal), to provide Associated with an unredacted copy of any such American National acquisition proposal and any draft agreements, proposals or other materials received in connection with any
such inquiry or American National acquisition proposal and to keep Associated reasonably apprised of any related developments, discussions and negotiations on a current basis