Company: ASB
Filing Date: 2025-12-30
Form Type: S-4
Source: 0001193125-25-337086
Chunk: 17

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-12-30
Form: S-4
Chunk 17
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 entity which prohibits or makes illegal consummation of the Merger, the Bank Merger or any of the other material transactions contemplated by the Merger Agreement;       |

| • |     | all requisite regulatory approvals, including from the Federal Reserve Board and the OCC, having been obtained 
 and remaining in full force and effect and all statutory waiting periods in respect thereof having expired;    |

| • |     | the accuracy of the representations and warranties of the other party contained in the Merger agreement,                                                                   
 generally as of the date on which the Merger Agreement was entered into and as of the closing date, subject to the materiality standards provided in the Merger Agreement; |

| • |     | the performance by the other party in all material respects of the obligations, covenants and agreements required 
 to be performed by it under the Merger Agreement at or prior to the closing date;                                 |

| • |     | receipt by such party of a certificate signed on behalf of the other party by an executive thereof stating that 
 the conditions set forth in the immediately preceding two bullets have been satisfied; and                      |

| • |     | receipt by such party of an opinion of legal counsel, in form and substance reasonably satisfactory to such                                                                                                                                       
 party, dated as of the closing date, to the effect that, on the basis of facts, representations and assumptions set forth or referred to in such opinion, the Merger will qualify as a “reorganization” within the meaning of                     
 Section 368(a) of the Code; in rendering such opinion, counsel may require and rely upon representations contained in certificates of officers of Associated and American National reasonably satisfactory in form and substance to such counsel. |

Associated’s obligation to complete the Merger is subject to the satisfaction or, where legally permissible, waiver of additional conditions. These additional conditions include, among others:

| • |     | receipt of a FIRPTA certificate from American National stating that the shares of capital stock of American 
 National do not constitute “United States real property interests” under the Code;                          |

| • |     | no requisite regulatory approval would result in the imposition of any materially burdensome regulatory 
 condition; and                                                                                          |

| • |     | neither American National Bank nor any applicable depositor shall be in breach of and shall not have stated in                          
 writing any intention to breach any deposit noncompetition agreement (as described elsewhere in this information statement/prospectus). |

8

American National’s obligation to complete the Merger is subject to the satisfaction or,