Company: ASB
Filing Date: 2025-12-04
Form Type: 425
Source: 0001193125-25-307510
Chunk: 109

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-12-04
Form: 425
Chunk 109
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 the power to
dispose, or to direct the disposition, of such security; and shall otherwise be interpreted in accordance with the term “beneficial ownership” as defined in Rule 13d-3 adopted by the SEC under the
Exchange Act; that for purposes of determining Beneficial Ownership, a person shall be deemed to be the Beneficial Owner of any securities which may be acquired by such person pursuant to any agreement, arrangement or understanding
or upon the exercise of conversion rights, exchange rights, warrants or options, or otherwise, irrespective of whether the right to acquire such securities is exercisable immediately or only after the passage of time, including the passage of time
in excess of sixty (60) days, the satisfaction of any conditions, the occurrence of any event or any combination of the foregoing. For the avoidance of doubt, this expanded interpretation shall apply even if such rights are contingent,
conditional, or subject to future events beyond the sixty (60)-day period referenced in Rule 13d-3. For purposes of this Agreement, a person shall be deemed to
Beneficially Own any securities Beneficially Owned by its Permitted Transferees or any Group of which such person or its Permitted Transferees is or becomes a member. The terms “” and “” shall have correlative meanings.

“” means the Board of Directors of Parent.

“” means the shares of Parent Common Stock issued pursuant to the Merger Agreement and any securities issued
in respect thereof, or in substitution therefor, in connection with any stock split, share subdivision or consolidation, bonus issue, dividend or combination, or any reclassification, recapitalization, merger, amalgamation, consolidation, exchange
or other similar reorganization.

“” has the meaning assigned to it in Section 13(d)(3) of the Exchange Act.

“” means, with respect to any individual, such individual’s spouse or domestic partner, lineal
descendants and antecedents (including parents, grandparents, children, and grandchildren), siblings, and the spouses of any of the foregoing; any adopted or stepchild; and any other person related by blood, marriage, or adoption within the second
degree of consanguinity or affinity.

“” means any loss, claim, award, judgment, damage, liability and expense
(including reasonable attorney fees and expenses) actually incurred.

“” shall be
deemed to occur if:

(A) any person becomes the Beneficial Owner, directly or indirectly, of capital stock of Parent