German American Bancorp director Thomas W. Seger resigns effective Dec 31, 2024 to facilitate merger flexibility

GERMAN AMERICAN BANCORP, INC.

Thomas W. Seger resigns from Board effective Dec 31, 2024 after 14+ years.
Resignation intended to allow Board flexibility for future appointments, including anticipated Heartland BancCorp merger.
No disagreement with company operations; resignation amicable.
Company will accelerate vesting of 1,204 restricted shares to resignation date (original vest July 1, 2025).

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