Peoples Bancorp Inc. ("Peoples") (NASDAQ:PEBO), parent company of Peoples Bank, announced today that it has received all necessary regulatory approvals for the merger between Peoples and Citizens National Corporation ("Citizens") (OTCPK: CZNL), with Peoples as the surviving corporation (the "Merger"), and for the merger between Peoples Bank and Citizens' wholly owned subsidiary, Citizens Bank of Kentucky, Inc.

The Agreement and Plan of Merger dated as of April 20, 2026, between Peoples and Citizens (the "Merger Agreement"), was approved by Citizens' shareholders on August 6, 2026.