AMENDMENT NO. 1 TO THE MERGER AGREEMENTMerger Agreement • January 10th, 2023 • Columbia Banking System, Inc. • State commercial banks
This AMENDMENT NO. 1 (this “Amendment”), dated as of January 9, 2023, to the Agreement and Plan of Merger, dated as of October 11, 2021 (together with the exhibits and schedules thereto, the “Merger Agreement”), by and among Columbia Banking System, Inc., a Washington corporation (“Columbia”), Umpqua Holdings Corporation, an Oregon corporation (“Umpqua”), and Cascade Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Columbia (“Merger Sub”), is made and entered into by and among Columbia, Umpqua and Merger Sub. Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Merger Agreement.
