Company: FRME
Filing Date: 2025-10-17
Form Type: S-4/A
Source: 0001193125-25-242318
Chunk: 85

Company: FIRST MERCHANTS CORP
Filing Date: 2025-10-17
Form: S-4/A
Chunk 85
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 not stand for reelection as a director, the First Merchants Board of Directors will promptly appoint or nominate, as applicable, a person, chosen by the First Merchants Board of Directors, who was a member of the First Savings Board of Directors immediately prior to the Effective Time to fill the resulting vacancy. As of the date of this proxy statement and prospectus, First Merchants expects to appoint Larry W. Myers to the First Merchants Board of Directors. 62

THE MERGER AGREEMENT The following summary highlights certain material provisions of the Merger Agreement. Because this is a summary of the Merger Agreement, it does not contain a description of all of the terms of the Merger Agreement and is qualified in its entirety by reference to the Merger Agreement. You should read carefully the entire Merger Agreement, which is attached to this document as Annex Aand is incorporated herein by reference. 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 Merger, First Savings Bank will merge with and into First Merchants Bank and First Savings Bank will cease to exist as a separate entity. Representations and Warranties The Merger Agreement contains some customary representations and warranties made both by First Savings and First Merchants, including representations and warranties relating to:

| • |     | due organization and existence; |

| • |     | corporate power and authorization to enter into the transactions contemplated by the Merger Agreement; |

| • |     | capitalization; |

| • |     | governmental filings, notices, authorizations, consents, and approvals required in connection with the 
 transactions contemplated by the Merger Agreement;                                                     |

| • |     | third-party filings, notices, authorizations, consents, and approvals required in connection with the 
 transactions contemplated by the Merger Agreement;                                                    |

| • |     | compliance with law; |

| • |     | accuracy of statements; |

| • |     | litigation and pending proceedings; |

| • |     | financial statements; |

| • |     | absence of certain material changes or events; |

| • |     | absence of undisclosed