Company: FRME
Filing Date: 2025-11-06
Form Type: 424B3
Source: 0001193125-25-268801
Chunk: 216

Company: FIRST MERCHANTS CORP
Filing Date: 2025-11-06
Form: 424B3
Chunk 216
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 be deemed to be an original, but all of which shall constitute one and the same agreement. It is understood
and agreed that Shareholders who execute this Agreement shall be bound hereby, irrespective of whether all Shareholders execute this Agreement. The

B-1

obligations of each of the Shareholders under the terms of this Agreement shall terminate contemporaneously with the earliest to occur of: (i) the approval of the Merger Agreement by the
stockholders of First Savings, (ii) the termination of the Merger Agreement, or (ii) the mutual written agreement of the parties hereto to terminate this Agreement.

Each of the Shareholders is executing this Agreement solely in his or her capacity as a stockholder of First Savings. Notwithstanding any
provision hereof, nothing in this Agreement shall be construed to prohibit a Shareholder, or any officer or affiliate of a Shareholder who is or has been designated a member of First Savings’s Board of Directors, from taking any action solely
in his or her capacity as a member of First Savings’s Board of Directors or from exercising his or her fiduciary duties as a member of First Savings’s Board of Directors to the extent specifically permitted by the Merger Agreement.

[Signatures appear on following pages.]

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IN WITNESS WHEREOF, First Merchants and each of the undersigned Shareholders of First Savings have made and executed this Agreement as of the day and year first above written, and First Merchants has caused this Agreement to be executed by its duly authorized officer.

| FIRST MERCHANTS CORPORATION |     |                         |
| By:                         |     | /s/ Mark K. Hardwick    |
|                             |     | Mark K. Hardwick,       |
|                             |     | Chief Executive Officer |

[ Signature page to Voting Agreement] B-3

SHAREHOLDERS OF FIRST SAVINGS

| /s/ John E. Colin |
| John E. Colin     |

[ Signature page to Voting Agreement] B-4

| /s/ Frank N. Czeschin |
| Frank N. Czeschin     |

[ Signature page to Voting Agreement] B-5

| /s/ L. Chris Fordyce |
| L. Chris Fordyce     |

[ Signature page to Voting Agreement] B-6

| /s/ Troy D. Hanke |
| Troy D. Hanke     |

[ Signature page to Voting Agreement] B-7

| /s/ John P. Lawson