OSBC · Old Second Bancorp, Inc.

Summary

Old Second Bancorp, Inc. notified U.S. Bank National Association of its intention to redeem $30,000,000 aggregate principal amount of its 3.50% Fixed-to-Floating Rate Subordinated Notes due 2031 (CUSIP No. 680277AC4) on April 15, 2026, at 100% of principal plus accrued interest. The Company received non-objection from the Federal Reserve Bank of Chicago, with $30,000,000 principal remaining outstanding post-redemption.

Key takeaways

• Redemption notice issued March 4, 2026 for $30M principal of 3.50% Subordinated Notes due 2031 (CUSIP 680277AC4)
• Redemption Date: April 15, 2026 at 100% of principal plus accrued unpaid interest
• Paying Agent: U.S. Bank National Association
• Non-objection received from Federal Reserve Bank of Chicago
• $30M principal remains outstanding after redemption