Company: ASB
Filing Date: 2025-12-30
Form Type: S-4
Source: 0001193125-25-337086
Chunk: 79

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-12-30
Form: S-4
Chunk 79
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 as a result of safety and soundness considerations.

Liquidation Rights

In the event of any liquidation, dissolution or winding up of Associated, the remaining assets of Associated after the payment of all debts and
necessary expenses, subject, however, to the rights of the holders of the Associated preferred stock then outstanding, will be distributed among the holders of the common stock pro rata in accordance with their respective holdings.

Miscellaneous

Shares of our
common stock are not convertible into shares of any other class of capital stock. Shares of our common stock are not and will not be entitled to any preemptive or subscription rights. The issued and outstanding shares of our common stock are fully
paid and nonassessable. The transfer agent for our common stock is EQ Shareowner Services.

Listing

Associated common stock is listed on the NYSE under the symbol “ASB.”

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For more information regarding the rights of holders of Associated common stock, see the
section entitled “Comparison of Shareholders’ Rights.”

Certain Anti-Takeover Provisions

A number of provisions of Wisconsin law and Associated’s charter and bylaws could have an anti-takeover effect and make more difficult
the acquisition of Associated by means of a tender offer, a proxy contest or otherwise and the removal of incumbent directors. These provisions are intended to discourage coercive takeover practices and inadequate takeover bids and to encourage
persons seeking to acquire control of Associated to negotiate first with Associated’s board of directors.

Business Combinations Under Wisconsin Law

Restrictions on Business Combinations. Sections 180.1130 to 180.1134 of the WBCL provide generally that in
addition to the vote otherwise required by law or the articles of incorporation of a “resident domestic corporation,” such as us, business combinations not meeting fair price standards specified in the statute must be approved by the
affirmative vote of at least (1) 80% of the votes entitled to be cast by the outstanding voting shares of the corporation, and (2) two-thirds of the votes entitled to be cast by the holders of voting
shares other than voting shares beneficially owned by a “significant shareholder” or an affiliate or associate of a significant shareholder who is a party to the transaction. The term “business combination” means, subject to
certain exceptions, a merger or share exchange of the resident domestic corporation (or any subsidiary of that corporation) with, or the sale or other disposition of substantially all of the property and assets of the resident domestic corporation
to, any significant shareholder