Company: FRME
Filing Date: 2025-10-10
Form Type: S-4
Source: 0001193125-25-237211
Chunk: 22

Company: FIRST MERCHANTS CORP
Filing Date: 2025-10-10
Form: S-4
Chunk 22
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 qualified by materiality or a Material Adverse Effect (as defined below in “THE MERGER AGREEMENT-Conditions to 
 Completion of the Merger”) must be true and correct in all respects, and provided that for those representations and warranties which address matters only as of an earlier date, then they shall be tested as of such earlier date;               |

| • |     | the covenants made by the parties must have been complied with in all material respects from the date of the 
 Merger Agreement through and as of the effective date of the Merger;                                         |

| • |     | First Merchants must have received an opinion of Dentons Bingham Greenebaum LLP, and First Savings must have                                                                                           
 received an opinion of Luse Gorman, PC, that for U.S. federal income tax purposes, the Merger will be treated as a “reorganization” within the meaning of Section 368(a) of the Internal Revenue Code; |

| • |     | the Registration Statement on Form S-4, of which this proxy statement and                                                                                                                                                                    
 prospectus is a part, relating to the First Merchants shares to be issued pursuant to the Merger Agreement, must have become effective under the Securities Act of 1933, as amended (the “Securities Act”), and no stop order suspending the 
 effectiveness of the Registration Statement shall have been issued or threatened by the SEC;                                                                                                                                                 |

| • |     | the shares of First Merchants common stock to be issued in the Merger shall have been listed for trading on the 
 Nasdaq Global Select Market (subject to official notice of issuance);                                           |

| • |     | there must be no order, decree, or injunction of a court or agency of competent jurisdiction which enjoins or 
 prohibits the consummation of the Merger or the Bank Merger; and                                              |

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| • |     | other customary conditions and obligations of the parties set forth in the Merger Agreement, including among    
 other things, delivery by each party of an officers’ certificate in support of certain of the conditions above. |

Regulatory Approvals (page [● ]) The Merger cannot be completed until (i) First Merchants Bank receives the necessary approvals of the Indiana Department of Financial Institutions (the “Indiana DFI”) and the Federal Deposit Insurance Corporation (the “FDIC”), and (ii) First Merchants receives the necessary approval of the Board of Governors of the Federal Reserve System (the “Federal Reserve”) under the Bank Holding Company Act.