Burke & Herbert gets all regulatory approvals for Summit merger; close May 3, 2024

Burke & Herbert Financial Services Corp.

Received all required regulatory approvals/waivers for merger with Summit Financial Group (SMMF).
Merger expected to close on May 3, 2024, subject to customary closing conditions.
Annual shareholder meeting set for July 15, 2024; record date May 7, 2024.
Transaction described as a merger of equals, announced August 24, 2023.

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