Old National Bancorp Increases Quarterly Cash Dividend to $0.145 per Share

Old National Bancorp announced that its Board of Directors increased the quarterly cash dividend on the Company's outstanding shares of common stock by 3.6% to $0.145 per share. This quarterly cash dividend will be payable on March 16, 2026, to shareholders of record as of the close of business on March 5, 2026. The Company also announced today that its Board of Directors approved doubling the size of its share repurchase program, authorizing the Company to repurchase up to $400 million of the Company's outstanding shares of common stock. The new share repurchase program replaces the prior $200 million share repurchase program that was set to expire on February 28, 2026. Share repurchases under this program may be made from time to time on the open market, in privately negotiated transactions or through accelerated share repurchase programs in the discretion of, and at prices to be determined by, the Company. The program will be in effect until February 28, 2027.