Company: ONBPP
Filing Date: 2025-01-29
Form Type: S-4/A
Source: 0001104659-25-007256
Chunk: 147

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-01-29
Form: S-4/A
Chunk 147
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 not less than two-thirds of the issued and outstanding shares of common stock entitled to vote on the removal, or (ii) the affirmative vote of not less than two-thirds of the actual number of directors elected and qualified and then in office. | ​ |
| Vacancies on the Board of Directors | ​ | ​ | The Bremer bylaws provide that the affirmative vote of a majority of remaining directors then in office (even if less than a quorum) may fill a vacancy resulting from the death, resignation, removal or disqualification of a director. A vacancy resulting from an increase in the size of the board of directors may be filled by a majority of the directors then in office at the time of such increase. A director elected to fill a vacancy will be a director until such director’s successor is elected by the Bremer shareholders at their next regular or special meeting. | ​ | ​ | The Old National bylaws provide that a vacancy occurring in the board of directors for any reason may be filled for the remaining portion of the term by the affirmative vote of a majority of the remaining directors, whether or not the remaining directors constitute a quorum.                                                                                                          | ​ |

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TABLE OF CONTENTS

| ​                                                                   | ​ | ​ | Bremer Governing Documents                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | ​ | ​ | Old National Governing Documents                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | ​ |
| Special Meetings of Shareholders                                    | ​ | ​ | The Bremer bylaws provide that special meetings of the shareholders, unless otherwise prescribed by statute or the Bremer articles of incorporation, may be called by the Chief Executive Officer, President, Chief Financial Officer, any two or more directors, or by a shareholder or shareholders holding 10% or more of the voting power of all shares entitled to vote, except that a special meeting for the purpose of considering any action to directly or indirectly facilitate or effect a business combination, including any action to change or otherwise affect the composition of the Bremer board of directors for that purpose, must be called by 25% or more of the voting power of all share entitled to vote. | ​ | ​ | The Old National bylaws provide that, except as otherwise provided by law or by the Old National articles of incorporation, special meetings of shareholders (i) may be called by the board of directors, the chairman of the board of directors, the chief executive officer, or the president and (ii) shall be called by the chairman of the board of directors, the chief executive officer, the president, or the