Shareholders approve 2024 equity incentive and stock purchase plans

FIRST MERCHANTS CORP

Shareholders approved 2024 Long-Term Equity Incentive Plan, authorizing 1,400,000 common shares.
2024 LTEIP replaces 2019 LTEIP; max 300,000 shares awarded per fiscal year.
Shareholders approved 2024 Employee Stock Purchase Plan, effective July 1, 2024.
Plans provide stock-based incentives and discounted stock purchases for employees.

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