First Financial (THFF) investor relations material

Executive summary

• Annual Meeting scheduled for April 15, 2026, to be held virtually, allowing shareholders to participate and vote online.

• 2025 saw record net income of $79.2 million (up 67%), record net interest income, and a 31% increase in stock price to $60.42 per share.

• Merger with CedarStone Financial, Inc. closed in March 2026, expanding branch presence in Tennessee.

• Four branch consolidations in Fall 2025 resulted in $1.5 million in annual expense savings.

• Continued over 30 years of increased dividends, with a 13% increase in 2025 to $2.04 per share.

Voting matters and shareholder proposals

• Shareholders will vote on: (1) election of five directors for terms expiring in 2029, (2) non-binding advisory vote on executive compensation, and (3) ratification of Crowe LLP as independent auditor for 2026.

• Board recommends voting FOR all director nominees and proposals.

• Shareholder proposals and director nominations must comply with advance notice procedures in the by-laws.

Board of directors and corporate governance

• Board consists of 16 members with diverse backgrounds in business, law, government, and community service.

• Five directors nominated for re-election; board composition includes two women and one African American.

• Board leadership structure separates Chairman and CEO roles; Lead Independent Director presides over executive sessions.

• Board refreshment efforts added nine new directors in recent years.

• All directors except Norman L. Lowery, Norman D. Lowery, and Richard J. Shagley are independent.