CORRECTION - ACNB Corporation Announces Completion of Traditions Bancorp, Inc. Acquisition

Core Points - ACNB Corporation has completed the acquisition of Traditions Bancorp, Inc. and its subsidiary Traditions Bank, effective February 1, 2025, correcting the deposit amount to $2.54 billion [1][3] - The merger will enhance ACNB Corporation's asset base to approximately$3.26 billion, with $2.54 billion in deposits and$2.36 billion in loans, expanding its community banking presence to 35 offices [3][4] - The acquisition will allow ACNB Bank to operate former Traditions Bank branches under the name "Traditions Bank, A Division of ACNB Bank," and enhance its mortgage operations [4] Management and Board Changes - Three former directors from Traditions, Eugene J. Draganosky, Elizabeth F. Carson, and John M. Polli, have joined the Boards of Directors of ACNB Corporation and ACNB Bank, bringing extensive banking experience [2][4] - Mr. Draganosky has nearly 40 years of banking experience and was the former CEO of Traditions, while Ms. Carson and Mr. Polli have significant leadership roles in the banking sector [2] Strategic Vision - ACNB Corporation's President & CEO, James P. Helt, emphasized the strategic nature of the acquisition, aiming to create a stronger community bank with a customer-centric approach [4] - The merger is expected to enhance value for shareholders and improve customer experience through expanded products and services [4]