Fulton Financial prices $250M common stock offering at $15/share to fund Republic Bank acquisition

FULTON FINANCIAL CORP

Offering of 16,666,667 shares at $15/share for aggregate $250M.
Net proceeds expected ~$238M after underwriting discounts and expenses.
Proceeds to support strategy following acquisition of Republic First Bank from FDIC.
Underwriters have 30-day option to purchase up to additional 2,500,000 shares.
Closing on or about May 1, 2024; Piper Sandler and BofA Securities lead.

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