Company: ASB
Filing Date: 2025-12-30
Form Type: S-4
Source: 0001193125-25-337086
Chunk: 40

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-12-30
Form: S-4
Chunk 40
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. Other than as discussed
elsewhere in this information statement/prospectus, Ms. Kotouc has no direct or indirect material interest in any existing or currently proposed transaction with Associated that would require disclosure under Item 404(a) of Regulation S-K.

Accounting Treatment

Associated prepares its financial statements in accordance with GAAP. The Merger will be accounted for as an acquisition of American National
by Associated under the acquisition method of accounting in accordance with GAAP. Associated will be treated as the acquirer for accounting purposes.

Regulatory Approvals

To complete the Merger and Bank Merger, Associated and American National need to obtain approvals or consents
from, or make filings with, certain regulatory authorities. Subject to the terms of the Merger Agreement, Associated and American National have agreed to cooperate with each other and use their respective reasonable best efforts to promptly prepare
and file all necessary documentation to effect all applications, notices, petitions and filings (and in the case of the applications, notices, petitions and filings required to obtain the requisite

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regulatory approvals, use their reasonable best efforts to make such filings within 30 days of the date of the Merger Agreement), to obtain as promptly as practicable all permits, consents,
approvals and authorizations of all third parties and governmental entities which are necessary or advisable to consummate the transactions contemplated by the Merger Agreement (including the Merger and the Bank Merger), and to comply with the terms
and conditions of all such permits, consents, approvals and authorizations of all such third parties and governmental entities. These approvals include the approval of the Merger and Bank Merger by the Federal Reserve Board and the OCC, as
applicable. Nothing in the Merger Agreement will be deemed to require Associated to, and American National shall not (without the written consent of Associated) take any action, or commit to take any action, or agree to any condition or restriction
that would reasonably be likely to have a material adverse effect on the surviving corporation and its subsidiaries, taken as a whole, after giving effect to the Merger (measured on a scale relative to American National and its subsidiaries, taken
as a whole) (a “materially burdensome regulatory condition”).

The approval of an application means only that the statutory
and regulatory criteria for approval have been satisfied or waived. It does not mean that the approving authority has determined that the consideration to be received by American National shareholders in the Merger is fair. Regulatory approval does
not constitute