Company: ONBPP
Filing Date: 2025-01-14
Form Type: S-4
Source: 0001104659-25-003488
Chunk: 237

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-01-14
Form: S-4
Chunk 237
---
 Parent, the Company, Merger Sub or any holder of securities thereof:

(a) Subject to Section 2.2(e) , each share of Class A common stock, no par value, of the Company (the “ Class A Company Common Stock ”) and each share of Class B common stock, no par value, of the Company (the “ Class B Company Common Stock ”, and together with the Class A Company Common Stock, the “ Company Common Stock ”) issued and outstanding immediately prior to the Effective Time, except for Dissenting Shares and shares of Company Common Stock owned by the Company as treasury stock or owned by the Company, Parent or Merger Sub (in each case other than shares (i) held in trust accounts, managed accounts, mutual funds and the like, or otherwise held in a fiduciary or agency capacity that are beneficially owned by third parties, or (ii) held, directly or indirectly, as a result of debts previously contracted), shall be converted into the right to receive $26.22 without interest (such consideration, the “ Cash Merger Consideration ”) and 4.182 shares (the “ Exchange Ratio ”) of common stock, no par value per share, of Parent (the “ Parent Common Stock ”) (such consideration, the “ Parent Stock Merger Consideration ”, and together with the Cash Merger Consideration, the “ Merger Consideration ”).

(b) All of the shares of Company Common Stock converted into the right to receive the Merger Consideration pursuant to this Article I shall no longer be outstanding and shall automatically be cancelled and shall cease to exist as of the Effective Time, and each certificate (each, a “ Certificate ,” it being understood that any reference herein to “Certificate” shall be deemed to include reference to book-entry account statements relating to the ownership of shares of Company Common Stock) previously representing any such shares of Company Common Stock shall thereafter represent only the right to receive (i) the Merger Consideration, including a certificate (it being understood that any reference

<div align='center'>A-2</div>

TABLE OF CONTENTS

herein to a “certificate” representing shares of Parent Common Stock shall be deemed to include, unless the context otherwise requires, reference to book-entry account statements relating to the ownership of shares of Parent Common Stock) representing the number of whole shares of Parent Common Stock which such shares of Company Common Stock represented by such Certificate have been converted into the right to receive pursuant to Section 1.5(a)