Eastern Bankshares And HarborOne Bancorp Announces That HarborOne Shareholders Have Until 5:00 P.M. ET On October 28, 2025, To Select Their Preferred Merger Consideration

Eastern Bankshares, Inc. ("Eastern") (NASDAQ Global Select Market: EBC), the holding company for Eastern Bank, and HarborOne Bancorp, Inc. ("HarborOne") (NASDAQ Global Select Market: HONE), the holding company for HarborOne Bank, today jointly announced that:

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251016151891/en/

• the deadline for holders of HarborOne common stock to elect their preferred form of merger consideration by completing the election materials previously sent to such holders is 5:00 p.m. (Eastern Time) on October 28, 2025 (the "Election Deadline"), unless extended;
• Eastern and HarborOne expect that the merger of HarborOne with and into Eastern (the "Merger"), which was previously announced on April 24, 2025, and the related merger of HarborOne Bank with and into Eastern Bank, will become effective shortly after midnight (Eastern Time) on November 1, 2025 ("Effective Time"); and
• HarborOne has initiated the process to delist its common stock from the NASDAQ Global Select Market following the close of trading on October 31, 2025, the last day on which HarborOne common stock will trade.

Merger Consideration Election Process for HarborOne Shareholders