#United States #dividends #shareholder meeting #Associated Banc-Corp #Green Bay

Associated Banc-Corp Announces Annual Meeting Results and Dividends

On April 29, 2025, Associated Banc-Corp (NYSE: ASB) shared the outcomes of its recent Annual Meeting of Shareholders, held to discuss essential company matters and future directions. This meeting was also an opportunity for shareholders to engage with the company’s leadership and gain insights into governance choices and fiscal strategies.

Election of Board Members

A pivotal element of the meeting included the election of directors to the board:

• - John (Jay) B. Williams: The chairman of Associated Banc-Corp and chairman of Church Mutual Insurance Company.
• - Andrew J. Harmening: Serving as the president and CEO of Associated Banc-Corp.
• - R. Jay Gerken: A director involved with 90 mutual funds under AllianceBernstein's umbrella.
• - Judith P. Greffin: Former Chief Investment Officer at Allstate Corporation.
• - Michael J. Haddad: Chair of the board at Schreiber Foods, Inc.
• - Robert A. Jeffe: Senior operating partner at BlackWatch.
• - Rodney Jones-Tyson: Global human resources officer at Baird Financial Group.
• - Eileen A. Kamerick: An adjunct professor of law and consultant.
• - Gale E. Klappa: Executive chairman at WEC Energy Group.
• - Kristen M. Ludgate: Strategic advisor at HP Inc.
• - Cory L. Nettles: Founder and managing director at Generation Growth Capital, Inc.
• - Owen J. Sullivan: Former president and COO of NCR Corporation.
• - Karen T. van Lith: Founder and CEO of APEL Worldwide, LLC.

This diverse board is expected to facilitate strategic growth and effective management of the company.

Approved Plans and Compensation

Alongside the elections, shareholders made significant decisions on several fronts:
1. Approval of the 2025 Equity Incentive Plan designed to motivate and retain key talent.
2. Endorsement of executive compensation packages for named executives.
3. Ratification of KPMG LLP as the independent accounting firm for the company, ensuring transparency and accountability in fiscal reporting.

These decisions underscore the Company’s commitment to aligning executive incentives with shareholder interests and adhering to best practices in corporate governance.

Dividend Declarations

The Board of Directors also declared a regular quarterly cash dividend of $0.23 per common share, which is set to be paid out on June 16, 2025, to shareholders of record as of June 2, 2025. This consistent return on investment demonstrates the company’s solid financial performance and dedication to rewarding its shareholders.

In addition, dividends were announced for the following:

• - 5.875% Series E Perpetual Preferred Stock: A cash dividend of $0.3671875 per depositary share, also payable on June 16, 2025.
• - 5.625% Series F Perpetual Preferred Stock: A cash dividend of $0.3515625 per depositary share.

These dividends reflect the ongoing commitment of Associated Banc-Corp to provide value to its investors while maintaining financial stability.

About Associated Banc-Corp

Founded in Green Bay, Wisconsin, Associated Banc-Corp is the premier bank holding company in the state, boasting total assets worth approximately $43 billion. With nearly 200 banking locations across Wisconsin, Illinois, Minnesota, and Missouri, the company stands as a leader in the Midwest banking sector, offering a comprehensive range of financial products and services tailored to communities it serves. Additionally, Associated operates loan production offices in Indiana, Kansas, Michigan, New York, Ohio, and Texas, further extending its reach and capabilities.

Associated Bank is recognized as an Equal Housing Lender, an Equal Opportunity Lender, and a Member of the FDIC, ensuring customer trust and compliance with critical lending regulations. For more information on Associated Banc-Corp and its services, visit www.associatedbank.com.

Conclusion

In summary, the 2025 Annual Meeting of Shareholders operated as a platform for transparency and shareholder engagement, with a focus on electing pivotal board members, approving strategic initiatives, and providing returns on investments through declared dividends. As Associated Banc-Corp continues to grow its market presence, it reaffirms its commitment to shareholders and stakeholders alike, navigating the complexities of the financial landscape with diligence and foresight.