Company: FRME
Filing Date: 2025-10-17
Form Type: S-4/A
Source: 0001193125-25-242318
Chunk: 54

Company: FIRST MERCHANTS CORP
Filing Date: 2025-10-17
Form: S-4/A
Chunk 54
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ournell |     |                      |  5,115 |     |               |  9,780 |     |                               | 160,509 |     |                      |  93,415 |     |           | 253,924 |

The Board of Directors of First Savings unanimously recommends a vote “ FOR” the Merger-Related Compensation Proposal. 37

ADJOURNMENT PROPOSAL

The First Savings special meeting may be adjourned to another time or place, if necessary or appropriate, to solicit additional proxies if
there are insufficient votes at the time of the First Savings special meeting to approve the Merger Proposal.

If, at the First Savings
special meeting, the number of shares of First Savings common stock present or represented and voting in favor of the Merger Proposal is insufficient to approve the Merger Proposal, First Savings intends to move to adjourn the First Savings special
meeting in order to enable the Board of Directors of First Savings to solicit additional proxies for approval of the Merger Proposal. In that event, First Savings will ask its shareholders to vote upon the Adjournment Proposal, but not the Merger
Proposal.

In this Adjournment Proposal, First Savings is asking its shareholders to authorize the holder of any proxy solicited by the
Board of Directors of First Savings, on a discretionary basis, to vote in favor of adjourning the First Savings special meeting to another time and place for the purpose of soliciting additional proxies, including the solicitation of proxies from
First Savings shareholders who have previously voted.

The Board of Directors of First Savings unanimously recommends a vote “ FOR” the Adjournment Proposal.

38

THE MERGER

At the special meeting, the shareholders of First Savings will consider and vote upon approval of the Merger Agreement. The following summary highlights certain information about the Merger. To understand the Merger, you should read carefully this entire proxy statement and prospectus, including the Merger Agreement, which is attached to this document as Annex A.

Description of the Merger

Under the terms and subject to the conditions of the Merger Agreement approved by each of First Savings’ and First Merchants’
Boards of Directors, First Savings will merge with and into First Merchants and the separate corporate existence of First Savings will cease. The Articles of Incorporation and Bylaws of First Merchants, as in effect prior to the Merger, will be the
Articles of Incorporation and Bylaws of First Merchants after the Merger. Immediately following the