Company: FRME
Filing Date: 2025-11-06
Form Type: 424B3
Source: 0001193125-25-268801
Chunk: 19

Company: FIRST MERCHANTS CORP
Filing Date: 2025-11-06
Form: 424B3
Chunk 19
---
 Adjournment Proposal. In reaching its determination, First Savings’ Board of Directors considered a number of factors, which are described in the section captioned “THE MERGER –
First Savings’ Reasons for the Merger” beginning on page 44. Because of the wide variety of factors considered, First Savings’ Board of Directors did not believe it practicable, nor did it attempt, to quantify or otherwise
assign relative weight to the specific factors it considered in reaching its decision.

First Savings Special Meeting Record Date; Vote Required (page 30)

Only First Savings common shareholders of record as of the close of business on October 24, 2025, are entitled
to notice of, and to vote at, the First Savings special meeting and any adjournments or postponements of the special meeting. As of October 24, 2025, there were 6,986,008 shares of First Savings common stock outstanding.

Approval of the Merger Proposal requires the affirmative vote of holders of a majority of the outstanding shares of First Savings common stock
entitled to vote. Abstentions from voting and broker non-votes, if any, will have the effect of a vote “AGAINST” the Merger Proposal. Approval of the Merger-Related Compensation Proposal and
the Adjournment Proposal requires the affirmative vote of a majority of the shares of First Savings common stock cast at the meeting, in person or by proxy, so long as a quorum is present. As provided in the Indiana Business Corporation Law,
abstentions are not “votes cast.” As a result, abstentions and broker non-votes will have no effect on the Merger-Related Compensation Proposal or the Adjournment Proposal. You can vote your shares
by attending the First Savings special meeting and voting in person, or you can vote by proxy by marking the enclosed proxy card with your vote, signing and dating it, and mailing it in the enclosed return envelope. You may also vote by internet or
by phone by following the instructions on the proxy card. You can revoke your proxy at any time before the special meeting by sending a written notice of revocation, submitting a new proxy or by attending the special meeting and voting in person.

No approval by First Merchants shareholders is required to complete the Merger.

9

No Dissenters’ Rights in the Merger (page 60 ) Under the Indiana Business Corporation Law, First Savings shareholders are not entitled to dissenters’ rights in connection with the Merger. For more information,