and the related exhibits shall not be deemed "filed" by the Company for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as may be expressly set forth by specific reference in such filing.

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth under

Entry into a Material Definitive Agreement. On July 10, 2026, First Mid Bancshares, Inc. (the “Company”) executed a Promissory Note with Bankers’ Bank (the “Lender”), in the original principal amount of $19,709,626.03 (the “Note”). The Note was issued pursuant to the Company’s existing Business Loan Agreement with the Lender, which was previously disclosed in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on April 15, 2026. The Note bears interest a…

and the related exhibits shall not be deemed "filed" by First Mid for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as may be expressly set forth by specific reference in such filing. Forward Looking Statements This document may contain certain forward-looking statements about First Mid, such as discussions…

CEO — Matthew K. Smith: Matthew K. Smith is promoted to CEO and President, with Joseph R. Dively transitioning to Executive Chair.

Termination of a Material Definitive Agreement. The Sixth Amended and Restated Credit Agreement dated as of April 12, 2019, as amended (the “Northern Trust Credit Agreement”), by and between First Mid Bancshares, Inc. (the “Company”) and The Northern Trust Company, matured in accordance with its terms on April 3, 2026, and was terminated effective as of such date. At maturity, no amounts were outstanding. The Northern Trust Credit Agreement provided for a $15.0 million revolving credit facili…

Entry into a Material Definitive Agreement. On April 10, 2026, First Mid Bancshares, Inc. (the “Company”) entered into a Business Loan Agreement (the “Loan Agreement”) with Bankers’ Bank (the “Lender”), pursuant to which the Lender provides the Company with a revolving line of credit in a principal amount of up to $15.0 million (the “Line of Credit”). The Line of Credit is evidenced by a Promissory Note dated April 10, 2026 (the “Revolving Note”). Under the Revolving Note, the Company may req…

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information provided in

Regulation FD Disclosure. On March 2, 2026, First Mid issued a press release regarding the consummation of the Merger. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. The information furnished pursuant to this Item and the related exhibit shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933,…

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On February 28, 2026, in connection with the consummation of the Merger described in

Completion of Acquisition or Disposition of Assets. As previously announced, on October 29, 2025, First Mid Bancshares, Inc. ( “First Mid”) and Star Sub LLC, a newly formed Iowa limited liability company and wholly-owned subsidiary of First Mid (“Merger Sub”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Two Rivers Financial Group, Inc., an Iowa corporation (“Two Rivers”), pursuant to which, among other things, First Mid agreed to acquire 100% of the issued and o…

Other Events. As previously announced, on October 29, 2025, First Mid Bancshares, Inc. ( “First Mid”) and Star Sub LLC, a newly formed Iowa limited liability company and wholly-owned subsidiary of First Mid (“Merger Sub”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Two Rivers Financial Group, Inc., an Iowa corporation (“Two Rivers”), pursuant to which, among other things, First Mid agreed to acquire 100% of the issued and outstanding shares of Two Rivers pursua…

Entry into a Material Definitive Agreement. On February 19, 2026, First Mid Bancshares, Inc. (the “Company”) entered into a Tenth Amendment (the “Amendment”) to its Sixth Amended and Restated Credit Agreement, dated as of April 12, 2019, as amended, with The Northern Trust Company evidencing a $15 million revolving loan. Pursuant to the Amendment, The Northern Trust Company consented to certain matters related to the Company’s pending acquisition via merger of Two Rivers Financial Group, Inc.…

by reference. Forward Looking Statements This document may contain certain forward-looking statements about First Mid and Two Rivers, such as discussions of First Mid’s and Two Rivers’ pricing and fee trends, credit quality and outlook, liquidity, new business results, expansion plans, anticipated expenses and planned schedules. First Mid and Two Rivers intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Se…

and the related exhibits shall not be deemed "filed" by First Mid for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as may be expressly set forth by specific reference in such filing. Forward Looking Statements This document may contain certain forward-looking statements about First Mid and Two Rivers, such…

Other Events. As previously announced, on October 29, 2025, First Mid Bancshares, Inc. ( “First Mid”) and Star Sub LLC, a newly formed Iowa limited liability company and wholly-owned subsidiary of First Mid (“Merger Sub”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Two Rivers Financial Group, Inc., an Iowa corporation (“Two Rivers”), pursuant to which, among other things, First Mid agreed to acquire 100% of the issued and outstanding shares of Two Rivers pursua…

Other Events. As previously announced, on October 29, 2025, First Mid Bancshares, Inc. ( “First Mid”) and Star Sub LLC, a newly formed Iowa limited liability company and wholly-owned subsidiary of First Mid (“Merger Sub”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Two Rivers Financial Group, Inc., an Iowa corporation (“Two Rivers”), pursuant to which, among other things, First Mid agreed to acquire 100% of the issued and outstanding shares of Two Rivers pursua…

Class I director — Mr. Alex Melvin: The company appointed a new director to an expanded board and assigned him to multiple committees.

Director — Mr. Alex Melvin: The board appointed Mr. Alex Melvin to a new seat on the board as a Class I director and to serve on the Risk Committee.

Entry into a Material Definitive Agreement. On October 29, 2025, First Mid Bancshares, Inc. (“First Mid”) and Star Sub LLC, a newly formed Iowa limited liability company and wholly-owned subsidiary of First Mid (“Merger Sub”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Two Rivers Financial Group, Inc., an Iowa corporation (“Two Rivers”), pursuant to which, among other things, First Mid agreed to acquire 100% of the issued and outstanding shares of Two Rivers pu…

and the related exhibits shall not be deemed "filed" by First Mid for purposes of Section 18 of the Exchange Act or incorporated by reference in any filing under the Securities Act or the Exchange Act, except as may be expressly set forth by specific reference in such filing. Forward Looking Statements This document may contain certain forward-looking statements about First Mid and Two Rivers, such as discussions of First Mid’s and Two Rivers’ pricing and fee trends, credit quality and outloo…

and the related exhibits shall not be deemed "filed" by First Mid for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as may be expressly set forth by specific reference in such filing. Forward Looking Statements This document may contain certain forward-looking statements about First Mid and Two Rivers, such…

and the related exhibits shall not be deemed "filed" by First Mid for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as may be expressly set forth by specific reference in such filing. Forward Looking Statements This document may contain certain forward-looking statements about First Mid, such as discussions…

President and CFO/Chief Risk Officer — Matthew K. Smith, Jordan Read: The promotions of Matthew K. Smith to President and Jordan Read to Chief Financial Officer reflect the company's leadership strategy and signal continued growth.

Other Events. On June 24, 2025, the Board of Directors (the “Board”) of First Mid Bancshares, Inc. (the "Company") terminated its previously authorized stock repurchase plan (the “Prior Plan”) effective June 30, 2025. The Prior Plan shall have no further force or effect from and after June 30, 2025. On June 24, 2025, the Board of the Company authorized a new stock repurchase program which allows for the repurchase of up to 1,200,000 shares of the Company’s issued and outstanding shares of com…