ROYAL LOGO]Royal Bancshares of Pennsylvania Inc • September 4th, 2013 • State commercial banks
This letter is being distributed by Royal Bancshares of Pennsylvania, Inc. (“Royal”) to all holders of record of shares of its common stock at 5:00 p.m., Eastern Time, on ____, 2013 (the “Record Date”), in connection with a distribution in a rights offering (the “Rights Offering”) of nontransferable subscription rights (the “Subscription Rights”) to subscribe for and purchase shares of Class A Common Stock, par value $2.00 per share (the “Class A Common Stock”) of Royal. The Rights and Class A Common Stock are described in the Royal prospectus dated _______ __, 2013 (the “Prospectus”).
ROYAL LOGO] SUBSCRIPTION RIGHTS TO PURCHASE SHARES OF CLASS A COMMON STOCK OFFERED PURSUANT TO SUBSCRIPTION RIGHTS DISTRIBUTED TO STOCKHOLDERS OF ROYAL BANCSHARES OF PENNSYLVANIA, INC. THE SUBSCRIPTION RIGHTS ARE EXERCISABLE UNTIL 5:00 P.M., EASTERN...Royal Bancshares of Pennsylvania Inc • September 4th, 2013 • State commercial banks
This letter is being distributed to brokers, securities dealers, commercial banks, trust companies and other nominees in connection with the rights offering (the “Rights Offering”) by Royal Bancshares of Pennsylvania, Inc. (“Royal”) of shares of Royal Class A Common Stock, par value $2.00 per share (the “Class A Common Stock”), pursuant to nontransferable subscription rights (the “Subscription Rights”) distributed to all holders of record (the “Recordholders”) of shares of Royal common stock at 5:00 p.m., Eastern Time, on ___, 2013 (the “Record Date”). The Subscription Rights and Class A Common Stock are described in Royal’s offering prospectus dated _________ __, 2013 (the “Prospectus”).
