Old National Bancorp (ONB) Investor presentation summary

Strategic objectives and business model

• Aims to be a top quartile performing basic bank, trusted by clients and valued as an employer.

• Focuses on granular, diversified loan portfolio and strong credit culture.

• Drives long-term shareholder value through a quality, low-cost deposit base and diversified revenue streams.

• Proven acquirer with a history of successful integrations and organic growth.

Financial performance and profitability

• Reported 1Q26 adjusted ROAA of 1.33% and adjusted ROATCE of 19.0%.

• Record adjusted efficiency ratio of 45.7% and NIM of 3.55%.

• Net income applicable to common shares was $230 million, with adjusted EPS of $0.61.

• Tangible book value per share grew 11% YoY to $13.93.

• Total loan growth of 8% annualized and deposit growth of 4.2% annualized in 1Q26.

Balance sheet strength and capital position

• Total assets reached $73B, with $50B in loans and $56B in deposits.

• CET1 capital ratio at 11.11%, TCE/TA at 7.67%, and total RBC at 13.7%.

• Loan-to-deposit ratio stable at 89%; strong liquidity and capital supported by internal stress testing.

• 3.9 million shares repurchased in 1Q26; $151 million returned to shareholders.