Stellar and Prosperity receive all regulatory approvals for merger; vote May 27, close July 1

Stellar Bancorp, Inc.

All regulatory approvals received from Federal Reserve Bank of Dallas, FDIC, and Texas Department of Banking.
Special meeting of Stellar shareholders scheduled for May 27, 2026 to vote on the merger.
Merger expected to close on or about July 1, 2026, subject to shareholder approval and other conditions.
Transaction originally announced January 27, 2026; Prosperity acquiring Stellar.

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