Company: ASB
Filing Date: 2025-12-04
Form Type: 425
Source: 0001193125-25-307510
Chunk: 76

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-12-04
Form: 425
Chunk 76
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the Merger from qualifying as a “reorganization” within the meaning of Section 368(a) of the Code;

(j) amend the
Company Articles, the Company Bylaws, or comparable organizational or governing documents of any Company Subsidiary;

(k)
merge or consolidate itself or any of its Subsidiaries with any other person, or restructure, reorganize or completely or partially liquidate or dissolve it or any of its Subsidiaries;

(l) materially restructure or materially change its investment securities or derivatives portfolio or its interest rate exposure, through
purchases, sales or otherwise, or the manner in which the portfolio is classified or reported, except as may be required by GAAP or by applicable laws, regulations, guidelines or policies imposed by any Governmental Entity or requested by a
Governmental Entity;

(m) implement or adopt any change in its accounting principles, practices or methods, other than as may be required
by GAAP or by applicable laws, regulations, guidelines or policies imposed by any Governmental Entity;

(n) enter into a new line of
business or change in any material respect its lending, collateral eligibility, investment, underwriting, risk and asset liability management, interest rate or fee pricing policies and other banking and operating, hedging, securitization and
servicing policies (including any change in the maximum ratio or similar limits as a percentage of its capital exposure applicable with respect to its loan portfolio or any segment thereof), except as required by such policies or applicable law,
regulation or policies imposed by any Governmental Entity;

(o) except pursuant to existing commitments entered into prior to the date of
this Agreement and disclosed to Parent prior to the date of this Agreement, make or acquire, renew, modify or extend any loans that, (A) are outside of the ordinary course of business consistent with past practice or inconsistent with, or in
excess of the limitations contained in, the Company’s loan policy, or (B) (1) with respect to loans to existing customers (including such customer’s affiliates), increase the aggregate outstanding commitments or credit exposure to
any such existing customer by the greater of (i) $25,000,000 less the preexisting commitments or credit exposure to such existing customer or (ii) $12,000,000; or (2) with respect to loans to new customers, result in an
aggregate commitment or credit exposure to any such new customer (including such customer’s affiliates) in excess of $25,000,000,