Company: ASB
Filing Date: 2025-12-30
Form Type: S-4
Source: 0001193125-25-337086
Chunk: 51

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-12-30
Form: S-4
Chunk 51
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 similar documents. |

The Merger Agreement contains additional representations and warranties by American National with respect to:

| • |     | employee benefit matters; |

| • |     | environmental matters; |

| • |     | real property; |

| • |     | derivative instruments; |

| • |     | the opinion of American National’s financial advisor; |

| • |     | insurance matters; |

| • |     | absence of investment adviser subsidiaries; and |

| • |     | absence of broker-dealer subsidiaries. |

Certain representations and warranties of Associated and American National are qualified as to “materiality” or “material adverse effect.” For purposes of the Merger Agreement, a “material adverse effect,” 37

when used in reference to either Associated or American National or the surviving corporation, means any effect, change, event, circumstance, condition, occurrence or development that, either individually or in the aggregate, has had or would reasonably be likely to have a material adverse effect on (i) the business, properties, assets, liabilities, results of operations or financial condition of such party and its subsidiaries, taken as a whole, or (ii) the ability of such party to timely consummate the transactions contemplated by the Merger Agreement. However, a material adverse effect with respect to the business, properties, assets, liabilities, results of operations or financial condition of such party and its subsidiaries, taken as a whole, will not be deemed to include the impact of:

| • |     | changes, after the date of the Merger Agreement, in GAAP or applicable regulatory accounting requirements or 
 interpretations thereof;                                                                                     |

| • |     | changes, after the date of the Merger Agreement, in laws, rules or regulations of general applicability to                                   
 companies in the industries in which such party and its subsidiaries operate, or interpretations thereof by courts or governmental entities; |

| • |     | changes, after the date of the Merger Agreement, in global, national or regional political conditions (including                                                                                                                                          
 the outbreak of war or acts of terrorism) or in economic or market (including equity, credit and debt markets, as well as changes in interest rates) conditions affecting the financial services industry generally and not specifically relating to such 
 party or its subsidiaries;                                                                                                                                                                                                                                |

| • |     | changes, after the date of the Merger Agreement, resulting from hurricanes, earthquakes, tornadoes, floods or 
 other natural disasters, or from any outbreak of any disease or other public health event;                    |

| •