German American Bancorp receives final regulatory approval for Heartland merger; close expected Feb 1, 2025

GERMAN AMERICAN BANCORP, INC.

Indiana Department of Financial Institutions approved the merger, satisfying all regulatory conditions.
FDIC approval and Federal Reserve waiver previously received; all regulatory approvals now in hand.
Shareholders of both companies approved the merger at special meetings on November 19, 2024.
Merger is anticipated to become effective on February 1, 2025, subject to customary closing conditions.

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