SouthState receives all regulatory approvals for Independent Bank Group merger; close ~Jan 1, 2025

SouthState Bank Corp

Federal Reserve Board and OCC approved both holding company and bank subsidiary mergers on Dec 13, 2024.
All required regulatory approvals for the merger with Independent Bank Group have been received.
Merger expected to close on or about January 1, 2025, subject to customary closing conditions.
Merger Agreement dated May 17, 2024; SouthState to issue stock to Independent shareholders.

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