Eastern Bankshares mails merger election forms to HarborOne shareholders; deal on track for Nov 1 close

Eastern Bankshares, Inc.

HarborOne shareholders can elect 0.765 Eastern shares, $12.00 cash, or mix per share; allocation targets 75%-85% stock consideration.
Election deadline anticipated 5:00 p.m. ET on Oct 28, 2025; earlier deadline Oct 23 for ESOP/401(k) participants.
Shareholders voted to approve merger on Aug 20, 2025; Eastern expects all regulatory approvals by Oct 31 with close effective Nov 1.
Eastern engages Innisfree M&A as information agent for shareholder election process; questions to (877) 800-5182.
Non-electing shareholders will receive stock/cash as per proration rules without regard to preference.

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