BHRB · Burke & Herbert Financial Services Corp.

The filing announces a significant milestone in Burke & Herbert's previously announced merger with LINKBANCORP, Inc. by confirming receipt of all necessary regulatory approvals. This removes a major contingency that could have delayed or prevented the transaction. The companies have now set a specific closing date of May 1, 2026, providing investors with clarity on the transaction timeline. However, the merger remains subject to satisfaction of customary closing conditions, which typically include representations and warranties being true at closing, no material adverse changes, and other standard contractual conditions. The transaction, originally agreed upon in December 2025, represents a strategic combination that will expand Burke & Herbert's geographic footprint, particularly in Pennsylvania, Maryland, Delaware, and Virginia where LINKBANCORP operates. The merger combines Burke & Herbert's established presence in the Washington D.C. metropolitan area with LINKBANCORP's community banking focus, potentially creating a stronger regional banking institution. Investors should monitor for the final closing announcement around May 1, 2026, which will trigger integration activities and potentially impact future financial results.