Old National Bancorp (ONB) AGM 2026 summary

Opening remarks and agenda

• Meeting opened with a welcome and acknowledgment of shareholders' trust and investment.

• Agenda included board elections, executive compensation, auditor appointment, and equity plan approval.

Financial performance review

• Adjusted earnings per share for 2025 was $2.21; adjusted return on average tangible common equity was 18.6%.

• Adjusted return on average assets was 1.26%; efficiency ratio stood at 48.8%.

• First quarter 2026 results: $0.61 adjusted EPS, 1.33% adjusted ROAA, 19% adjusted ROATCE, and 45.7% efficiency ratio.

• Outperformed KRX over the last 7 years, reinforcing strategic positioning.

Board and executive committee updates

• Four directors retired: Austin M. Ramirez, Ellen A. Rudnick, Becky Skillman, and Stephen C. Van Arsdell.

• Board focused on oversight of management, leadership transitions, and long-term shareholder value.