Enterprise Financial Services Corp Announces Receipt of Stockholder Approval for Acquisition of First Choice Bancorp

Jul 20, 2021

Enterprise Financial Services Corp (Nasdaq: EFSC) (the “Company,” “EFSC,” or “Enterprise”), the holding company of Enterprise Bank & Trust (“EB&T”), announced today that, at a special meeting of EFSC’s stockholders held on July 20, 2021, EFSC received stockholder approval for the proposed merger (the “Merger”) with First Choice Bancorp (“FCBP”), pursuant to the terms and subject to the conditions of the Agreement and Plan of Merger (the “Merger Agreement”), dated as of April 26, 2021, by and among EFSC, EB&T, FCBP and First Choice Bank (“First Choice”), including the issuance of shares of EFSC’s common stock to holders of FCBP common stock in connection with the Merger. As previously announced by FCBP, FCBP’s shareholders approved the Merger Agreement and the transactions contemplated thereby at a special meeting of FCBP’s shareholders held on July 19, 2021. The closing of the Merger remains subject to the satisfaction of certain customary closing conditions.

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