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Enterprise Financial Services Corp Announces Updates to Board of Directors

1. Four board directors not running in 2025; leadership transition likely. 2. Board emphasizes proactive long-term governance; corporate strategy may evolve.

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Why Neutral?

The director changes introduce some uncertainty without providing a clear financial catalyst. Similar past board transitions in comparable firms often resulted in muted short-term price reactions.

How important is it?

As a core corporate governance event, the board’s reshuffle could alter strategic policies and investor perceptions, though it is not immediately transformative.

Why Long Term?

Board composition changes can reshape strategic direction over time, impacting long-term performance even if immediate effects are minimal.

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ST. LOUIS--(BUSINESS WIRE)--Enterprise Financial Services Corp (Nasdaq: EFSC) (the “Company”) announced today that the following directors serving on the Company's Board of Directors (the “Board”) will not be standing for re-election at the upcoming 2025 Annual Meeting of Stockholders (the “Annual Meeting”): Robert E. Guest, Jr., James M. Havel, Daniel A. Rodriguez and Eloise E. Schmitz. Mike DeCola, Chairperson of the Board, stated, “The Board is committed to proactive long-term corporate gove.

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