Eastern Bankshares, Inc. and HarborOne Bancorp, Inc. Merger Completion

Eastern Bankshares, Inc. and HarborOne Bancorp, Inc. have announced the completion of their merger, which will become effective on November 1, 2025. The merger involves the combination of HarborOne with Eastern Bankshares and HarborOne Bank with Eastern Bank. Key appointments include Joseph F. Casey and Michael J. Sullivan as directors of Eastern and Eastern Bank, effective at the merger's effective time. The merger agreement was signed on April 24, 2025, and all closing conditions have been satisfied. HarborOne common stock will be delisted from the NASDAQ Global Select Market following the close of trading on October 31, 2025. The merger is expected to bring significant benefits, including enhanced financial strength and expanded market presence.