Company: ONBPP
Filing Date: 2025-01-14
Form Type: S-4
Source: 0001104659-25-003488
Chunk: 139

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-01-14
Form: S-4
Chunk 139
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 of incorporation and bylaws, which will be sent to shareholders of Bremer upon request. For further information, see “Where You Can Find More Information.”

#### Common Stock

#### Authorized Common Stock
As of January [ ], 2025, Old National’s authorized common stock, without par value, was 600,000,000 shares, of which [292,654,953] shares were issued and outstanding. Shares of Old National common stock, when issued in accordance with the terms of the merger agreement, will be validly issued, fully paid and non-assessable.

#### General
Voting Rights

The holders of Old National common stock are entitled to one vote for each share of common stock held of record by them on all matters to be voted on by shareholders, except:

(a)

shares of common stock are not entitled to a vote if such shares are owned, directly or indirectly, by another corporation and Old National owns, directly or indirectly, a majority of the shares entitled to vote for directors of such corporation; provided, however, such limitation on voting does not limit Old National’s power to vote shares of Old National common stock held by Old National in or for an employee benefit plan or in any other fiduciary capacity; or

(b)

to the extent shares are control shares acquired in a control share acquisition within the meaning of Chapter 42 of the IBCL, which such shares have voting rights only to the extent granted by resolution approved by Old National shareholders in accordance with Section 23-1-42-9 of the IBCL.

The holders of Old National common stock are not entitled to cumulative voting rights. Under the IBCL, directors are elected by a plurality of the votes cast by shares entitled to vote in an election at a meeting at which a quorum is present. Old National bylaws provide that for all other shareholder votes, when a quorum is present at any meeting, the vote of a majority of the stock having voting power present or represented by proxy shall decide any question brought before such meeting, unless the question is one upon which, by express provision of the IBCL, or Old National’s articles of incorporation and bylaws, a greater vote is required, in which case such express provision shall govern and control the decision of such question.

Dividends

Subject to the rights of any series of preferred stock authorized by the Old National board of directors as provided by Old National’s articles of incorporation, the holders of Old National common stock are entitled to dividends as and when declared by the Old National board of