Company: FRME
Filing Date: 2025-10-10
Form Type: S-4
Source: 0001193125-25-237211
Chunk: 21

Company: FIRST MERCHANTS CORP
Filing Date: 2025-10-10
Form: S-4
Chunk 21
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 enclosed proxy card with your vote, signing and dating it, and mailing it in the enclosed return envelope. You may also vote by internet or
by phone by following the instructions on the proxy card. You can revoke your proxy at any time before the special meeting by sending a written notice of revocation, submitting a new proxy or by attending the special meeting and voting in person.

No approval by First Merchants shareholders is required to complete the Merger.

9

Dissenters’ Rights in the Merger (page [● ] ) Under the Indiana Business Corporation Law, First Savings shareholders are not entitled to dissenters’ rights in connection with the Merger. For more information, see “THE MERGER – Dissenters’ Rights in the Merger” on page [●]. Voting Agreement (page [● ]) On the date the Merger Agreement was executed, each member of the Board of Directors of First Savings and certain executive officers of First Savings entered into a voting agreement with First Merchants to cause all First Savings common stock owned and controlled by each of them of record or beneficially on such date to be voted in favor of the Merger Proposal. See “THE MERGER AGREEMENT – Voting Agreement” on page [●]. As of the record date, the First Savings shareholders who are parties to the voting agreement had the power to vote, or caused to be voted, an aggregate of [●] shares of First Savings common stock outstanding, representing [●]% of the outstanding shares on that date. The voting agreement is attached to this document as Annex Band is incorporated in this document by reference. What We Need to Do to Complete the Merger (page [● ]) Completion of the Merger depends on a number of conditions being met or, where permitted, waived. In addition to our compliance with the Merger Agreement, these conditions include among others:

| • |     | the approval of the Merger Agreement at the special meeting by the holders of a majority of the issued and 
 outstanding shares of First Savings common stock;                                                          |

| • |     | the approval of the Merger and the merger of First Savings Bank with and into First Merchants Bank (the 
 “Bank Merger”) by certain regulatory agencies and the expiration of any regulatory waiting periods;     |

| • |     | the representations and warranties made by the parties in the Merger Agreement must be true, accurate, and                                                                                                                                         
 correct in all material respects on and as of the effective date of the Merger, except that representations and warranties that are