Peoples Bancorp to acquire Citizens National in cash-and-stock deal

• Peoples Bancorp entered a merger agreement to acquire Citizens National in a cash-and-stock transaction.
• Each Citizens common share will convert into 2.10 Peoples common shares plus $8 cash at closing.
• Citizens Bank of Kentucky will merge into Peoples Bank, with Peoples Bank as surviving bank.
• Deal requires Citizens shareholder approval, required regulatory clearances, and effectiveness of Peoples Form S-4 registration statement.
• Agreement allows termination if closing has not occurred by March 31, 2027; Citizens would owe a $3 million termination fee under specified circumstances.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Peoples Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000318300-26-000145), on April 24, 2026, and is solely responsible for the information contained therein.