Company: ONBPP
Filing Date: 2025-02-03
Form Type: 424B3
Source: 0001104659-25-008430
Chunk: 143

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-02-03
Form: 424B3
Chunk 143
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 National preferred stock outstanding. | ​ |
| Voting Limitations                          | ​ | ​ | Holders of Bremer Class A common stock are entitled to one vote per share on each matter voted on at a meeting of Bremer                                                                                                                                                                                                                                                                        | ​ | ​ | Each share of Old National common stock is entitled to one vote on each matter voted on at a meeting of Old National’s                                                                                                                                                                                                             | ​ |

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TABLE OF CONTENTS

| ​                          | ​ | ​ | Bremer Governing Documents                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | ​ | ​ | Old National Governing Documents                                                                                                                                                                                                                                                                                                                                                                                  | ​ |
| ​                          | ​ | ​ | shareholders. Holders of Bremer Class B common stock are not entitled to vote on any issue properly subject to vote by the Bremer shareholders, except that Holders of Bremer Class B common stock are entitled to vote on an equivalent per share basis with the holders of Bremer Class A common stock with respect to the following extraordinary corporate transactions, (i) any vote of Bremer shareholders relative to a merger, consolidation, liquidation, dissolution or a proposed sale of all or substantially all of the assets of Bremer, and (ii) any vote relative to an amendment to the Bremer articles of incorporation purporting to change the capital structure of Bremer or the voting power of the Bremer Class A common stock or the Bremer Class B common stock. | ​ | ​ | shareholders.                                                                                                                                                                                                                                                                                                                                                                                                     | ​ |
| Rights of Preferred Stock  | ​ | ​ | Not applicable.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | ​ | ​ | The Old National articles of incorporation provide that shares of preferred stock may be issued from time to time in one or more additional series. Such shares of preferred stock may be redeemed, purchased, or otherwise acquired by Old National, subject to any limitation or restriction, if any, as contained in the express terms of any series, and may be reissued except as otherwise provided by law. 
 As of January 28, 2025, there were 231,000 shares of Old National preferred stock outstanding. The designations, powers, preferences, limitations, restrictions and relative rights of such preferred stock are set forth in the Old National articles of incorporation.                                                                                                                                          | ​ |
| Size of Board of Directors | ​ | ​ | The Bremer bylaws provide that the number of directors serving on the Bremer board of directors shall be fixed by resolution of the shareholders and that, unless otherwise prohibited by the shareholders, the directors