GABC shareholders approve merger with Heartland BancCorp; closing expected Q1 2025

GERMAN AMERICAN BANCORP, INC.

GABC holders voted 19.78M for, 179K against, 118K abstained to approve the merger agreement.
Heartland BancCorp shareholders also adopted the merger agreement at their Nov 19 special meeting.
Completion remains subject to regulatory approvals and customary conditions; target Q1 2025.
Over 20M of 29.68M outstanding GABC shares voted, constituting a quorum.

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