SouthState Corporation to change state of incorporation from South Carolina to Florida

SouthState Bank Corp

Merger with Florida subsidiary SouthState Bank Corp effective 11:59 p.m. on Aug 31, 2025.
Each share of SouthState SC common stock converts 1:1 into share of Florida corporation.
Options, warrants, equity awards convert on equivalent terms; no change of control.
Officers and directors remain unchanged; Florida Articles and Bylaws take effect.
Merger intended to qualify as tax-free reorganization under IRC Section 368(a).

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