Old National Bancorp (ONB) investor relations material

Integration and culture

• Emphasis on people and culture remains central, with leadership actively championing these values through market visits and direct involvement in hiring to ensure cultural fit.

• Integration efforts after the Bremer merger focused on uniting teams and maintaining strong client relationships.

• Leadership prioritizes hiring individuals who enhance organizational culture, even as the company grows.

• The organization believes its relationship-driven approach is a key differentiator, even amid technological advancements.

• Maintaining culture is seen as essential regardless of future growth in size or complexity.

Growth and commercial momentum

• Loan growth guidance was raised due to strong first-half performance and record commercial pipelines.

• Succession in commercial leadership brought fresh energy and internal promotions, strengthening the team.

• New leadership is credited with attracting talent and improving execution, contributing to above-expected growth.

• The company continues to gain market share and expects to outperform initial growth projections for the year.

Competitive environment and client behavior

• Competition remains intense on both lending and deposit sides, but the company maintains an advantage with small and medium-sized businesses.

• Focus is on building full client relationships rather than participating in large syndications.

• Clients are adapting well to macroeconomic uncertainty, showing resilience and optimism.