‘Companies Set Deadline for Election Announcement’

Busey Corporation and Merchants and Manufacturers Bank Corporation have announced an upcoming merger, offering M&M shareholders the opportunity to make election considerations by 5:00 p.m. Eastern Standard Time on March 29, 2024. Shareholders can choose to receive 7.74 in cash, 5.7294 shares of Busey common stock, or a combination of .55 in cash and 4.0481 Busey common stock shares for each M&M share owned.

For shareholders needing assistance with the election process or additional information, Georgeson LLC can be contacted at (866) 357-9438 or (781) 896-1483.

As of December 31, 2023, First Busey Corporation was a .28 billion financial holding company based in Champaign, Illinois, with Busey Bank, its wholly-owned subsidiary, holding total assets of .25 billion. Busey Bank operates numerous banking centers across several states, providing a range of financial services to individuals, businesses, and foundations.

Busey Bank’s Wealth Management division offers asset management, investment, brokerage, fiduciary, and other services, managing assets totaling .14 billion as of December 31, 2023. The bank’s subsidiary, FirsTech, Inc., specializes in financial technology solutions for various industries and institutions.

Recognized as one of America’s Best Banks by Forbes magazine and other prominent publications, Busey Corporation stands out for its exceptional service and commitment to community development. For more details about Busey Bank and its services, visit their official website.

Merchants and Manufacturers Bank Corporation, the holding company for M&M Bank, serves the Greater Chicago area with a focus on privately held manufacturers, distributors, and select service businesses. Established in 1969, M&M Bank offers unique financial services, including the innovative Life Equity Loan® program.

For further inquiries or information, contact the specified representatives from both Busey Corporation and Merchants and Manufacturers Bank Corporation.