Company: FRME
Filing Date: 2025-09-25
Form Type: 425
Source: 0001193125-25-216443
Chunk: 114

Company: FIRST MERCHANTS CORP
Filing Date: 2025-09-25
Form: 425
Chunk 114
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 Washington, IN MSA Rank: 2 Deposits: $1.7B Loans: $2.0B K e n t u c k y Note: MSA and County ranking per FDIC. Map includes all FRME locations including branches, LPOs and administrative centers. FRME Locations FSFG Locations 3

FRME’s History of Growth Total Assets ($B) Growing Organically and Through Acquisition ✓ Organic growth CAGR of 8.2% since 2014 ✓ Experienced Acquirer ✓ Expanded in Current High-Growth Markets ✓ Added to Franchise with Stable Deposit Gathering $21.0 Markets $17.9 $18.3 $18.3 $18.6 $15.5 $14.1 $12.5 $9.9 $9.4 $7.2 $6.8 $5.8 1 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2Q25 Pro Forma 2015 2019 2025 Cooper State Bank ($138 M) Monroe Ameriana Bank ($483 M) Bank & Trust ($1.3 B) ($2.4 B) 2014 2017 2022 Community Arlington Bank ($309 M) LevelOne Bank iAB Financial Bank ($269 M) ($2.5 B) Bank ($1.1 B) 1Pro forma as of June 30, 2025; excludes purchase accounting adjustments. Note: Asset CAGR includes pro forma total as of June 30, 2025. Data Source: S&P Global Market Intelligence; Company Filings. 4

Overview of First Savings Financial Group, Inc. Company Highlights Geographic Footprint Second largest1 independent franchise headquartered in Southern Indiana2 with leading market share in counties of operation I n d i a n a FRME 65 Seasoned executive team with deep-rooted market experience; FSFG C l a r k average tenure of ~14 years F l o y d Demonstrated track record of asset generation with a 10% loan CAGR since June 2021 64 L o u i s v i l l e FSFG’s focus on both its core banking segment and nationally- H a r r i s o n focused specialty business lines has allowed for greater fee 65 income diversification over time 64 Financial Highlights3 Deposit Market Share by County Market Deposits Mkt. Share % of ($ in Millions