Company: FRME
Filing Date: 2025-09-25
Form Type: 425
Source: 0001193125-25-216443
Chunk: 36

Company: FIRST MERCHANTS CORP
Filing Date: 2025-09-25
Form: 425
Chunk 36
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 of the Code.

(j) To the knowledge of First Savings’s Management, no event has occurred that would cause the imposition of the tax
described in Section 4980B of the Code on First Savings. To the knowledge of First Savings’s Management, First Savings has materially complied with all requirements of Section 601 of ERISA, as applicable, with respect to any Employee
Plan.

21

(k) The First Savings Disclosure Letter contains a list of each material
employment, severance or other similar contract, arrangement or policy and each plan or arrangement (written or oral) providing for insurance coverage (including any self-insured arrangements), workers’ compensation, disability benefits,
supplemental unemployment benefits, vacation benefits, retirement benefits or deferred compensation, profit sharing, bonuses, stock options, stock appreciation or other forms of incentive compensation or post-retirement insurance, compensation or
benefits which (i) is not an Employee Plan, (ii) was entered into, maintained or contributed to, as the case may be, by First Savings or any Subsidiary and (iii) covers any employee, director or former employee or director of First
Savings or any Subsidiary. Such contracts, plans and arrangements as are described above, copies or descriptions of all of which have been furnished previously to First Merchants, are hereinafter referred to collectively as the “Benefit Arrangements.” Each of the Benefit Arrangements has been maintained in compliance in all material respects with its terms and with the requirements prescribed by any and all statutes, orders, rules and regulations which are applicable to
such Benefit Arrangements.

(l) Except as set forth in the First Savings Disclosure Letter or as required by applicable
law, neither First Savings nor any First Savings ERISA Affiliate has any present or future liability in respect of post-retirement health and medical benefits for former employees or directors of First Savings, any Subsidiary or any First Savings
ERISA Affiliate.

(m) Except as set forth in the First Savings Disclosure Letter, there has been no amendment to, written
interpretation or announcement (whether or not written) by First Savings, any Subsidiary or any First Savings ERISA Affiliate relating to, or change in employee participation or coverage under, any Employee Plan or Benefit Arrangement administered
by First Savings or any First Savings ERISA Affiliate which would increase materially the expense of maintaining such Employee Plans or Benefit Arrangements above the level of the expense incurred in respect thereof for the fiscal year ended
September