Burke & Herbert Financial Services Corp. Merger Update

Burke & Herbert Financial Services Corp. has announced the receipt of all necessary regulatory approvals and waivers to complete its previously announced merger with LINKBANCORP, Inc. The merger is anticipated to close on May 1, 2026, contingent upon the fulfillment of standard closing conditions. This development follows the Agreement and Plan of Merger established on December 18, 2025. Burke & Herbert, headquartered in Virginia, operates Burke & Herbert Bank & Trust Company, serving the greater Washington D.C. metropolitan area with over 75 branches across several states. LINKBANCORP, Inc., through its subsidiary LINKBANK, focuses on community banking across Pennsylvania, Maryland, Delaware, and Virginia. Both companies have included cautionary statements regarding forward-looking statements in their filings, highlighting potential risks and uncertainties that could affect the completion and outcomes of the merger.