The merger of Blue Foundry Bancorp with and into Fulton Financial Corporation was consummated on April 1, 2026, with Fulton as the surviving corporation. Each share of Blue Foundry Common Stock outstanding immediately prior to the merger was converted into the right to receive 0.650 of a share of Fulton Common Stock and cash in lieu of fractional shares. Outstanding Blue Foundry stock options were cancelled and converted into a cash payment equal to the product of the number of shares subject to the option multiplied by the excess of $20.99 (Parent Share Closing Price) over the option's exercise price. Options with an exercise price equal to or greater than $20.99 were cancelled for no consideration. Awards of Blue Foundry Common Stock subject to vesting restrictions were converted into the right to receive the Merger Consideration. Approximately 12,435,599 shares of Fulton Common Stock were issued in connection with the merger. Blue Foundry Common Stock was delisted from the Nasdaq Global Select Market prior to the opening of trading on April 1, 2026. Fulton, as successor to Blue Foundry, intends to file a certification on Form 15 with the SEC to terminate Blue Foundry's registration and suspend its reporting obligations.