Company: ONBPP
Filing Date: 2025-01-14
Form Type: S-4
Source: 0001104659-25-003488
Chunk: 150

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-01-14
Form: S-4
Chunk 150
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 Bremer shareholders by a resolution approved by a shareholder or shareholders holding three percent or more of the voting power of the shares entitled to vote. The proposed amendment is adopted on the affirmative vote of the holders of the greater of (i) a majority of the voting power of the shares present and entitled to vote on the amendment proposal and (ii) a majority of the voting power of the minimum number of the shares entitled to vote that would constitute a quorum for the transaction of business at the meeting. 
 SeeVoting Rightsabove for information regarding the voting rights of Bremer Class A common stock and Bremer Class B common stock.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | ​ | ​ | ​                                                                                                                                                                                                                                                                           | ​ |
| Action by Written Consent of Shareholders | ​ | ​ | Pursuant to the MBCA, an action required or permitted to be taken at a meeting of Bremer shareholders may be taken without a meeting by written action signed, or consented to by authenticated electronic communication, by all of the Bremer shareholders                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | ​ | ​ | The Old National articles of incorporation provide that any action required or permitted to be taken at a meeting of shareholders may be taken without a meeting if, prior to such action, a written consent (or consents) setting forth the action is signed by all of the | ​ |

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TABLE OF CONTENTS

| ​                  | ​ | ​ | Bremer Governing Documents                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | ​ | ​ | Old National Governing Documents                                                                                                                                                                 | ​ |
| ​                  | ​ | ​ | entitled to vote on that action.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | ​ | ​ | shareholders entitled to vote entitled to vote with respect to the subject matter of the action. Any such written consent must be filed with the minutes of the proceedings of the shareholders. | ​ |
| Share Conversion   | ​ | ​ | Upon the occurrence of the following events, each share of Bremer Class B common stock will be converted into one full paid and nonassessable share of Bremer Class A common stock:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
 at the affirmative election of the transferee upon the transfer of Bremer Class B common stock from the holder thereof to any third party or entity; or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
 at the affirmative election of the holder of Bremer Class B common stock, if cash dividends have not been paid on the Bremer Class A common stock and the Bremer Class B common stock with respect to any fiscal year of