Company: FRME
Filing Date: 2025-10-17
Form Type: S-4/A
Source: 0001193125-25-242318
Chunk: 121

Company: FIRST MERCHANTS CORP
Filing Date: 2025-10-17
Form: S-4/A
Chunk 121
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 holder of shares of First Savings Common Stock to have, the right of a shareholder to dissent and
obtain payment for shares under Section 23-1-44 of the Indiana Business Corporation Law or any successor statute.

SECTION 5

REPRESENTATIONS AND

WARRANTIES OF FIRST SAVINGS

Except (i) as disclosed in the First Savings Disclosure Letter or (ii) as disclosed in any registration statement, prospectus,
report, schedule or definitive proxy statement filed with or furnished to the Securities and Exchange Commission (the “SEC”) by First Savings between January 1, 2024 and the date hereof (but disregarding disclosures of risks
under the heading “Risk Factors” or in any “forward-looking statements” disclaimer or any other statements that are similarly nonspecific or cautionary, predictive or forward-looking in nature), First Savings hereby makes the
representations and warranties set forth below to First Merchants with respect to itself and the Subsidiaries. For the purposes of this Agreement, “First Savings Disclosure Letter” is defined as the disclosure letter
prepared by First Savings and delivered to First Merchants contemporaneously with the execution of this Agreement.

5.1 . First Savings, the Bank, and Southern are each a corporation duly organized and validly existing under the laws of the State of Indiana. Investments is a corporation duly organized and validly existing under the laws of the State
of Nevada. Q2 is a limited liability company duly organized and validly existing under the laws of the State of Indiana. Crimson is a limited liability company duly organized and validly existing under the laws of the Commonwealth of Kentucky. First
Savings and each of the Subsidiaries have the corporate power and authority to conduct their respective businesses in the manner and by the means utilized as of the date hereof. First Savings’s only insured depository subsidiary is the Bank.
The Bank’s only subsidiaries are Southern, Investments, Q2, and Crimson. The Bank is subject to primary federal regulatory supervision and regulation by the Board of Governors of the Federal Reserve System (the “Federal Reserve Board”). Other than the Subsidiaries, First Savings has no direct or indirect subsidiaries.

5.2 .

(a) First Savings has the corporate power and authority to enter into this Agreement and to carry out its obligations
hereunder, subject to satisfaction of the conditions precedent in Section 9. This Agreement, when executed and delivered by all parties, will have been duly authorized and will constitute a valid and binding obligation of First Savings, subject