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Fourth Quarter 2025Investor Presentation
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2 Cautionary Note on Forward Looking StatementsThis presentation, and the remarks by Prosperity’s management on the conference call may contain statements regarding the proposed transaction between Prosperity Bancshares, Inc.(“Prosperity”) and Stellar Bancorp, Inc. (“Stellar”); future financial and operating results; benefits and synergies of the proposed transaction; future opportunities for Prosperity; the issuance ofcommon stock of Prosperity contemplated by the Agreement and Plan of Merger by and between Prosperity and Stellar (the “Merger Agreement”); the expected filing by Prosperity with theSecurities and Exchange Commission (the “SEC”) of a registration statement on Form S-4 (the “Registration Statement”) and a prospectus of Prosperity and a proxy statement of Stellar to be includedtherein (the “Proxy Statement/Prospectus”); the expected timing of the closing of the proposed transaction; the ability of the parties to complete the proposed transaction considering the variousclosing conditions and any other statements about future expectations that constitute forward-looking statements within the meaning of the federal securities laws, including the meaning of thePrivate Securities Litigation Reform Act of 1995, as amended, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, asamended. From time to time, oral or written forward-looking statements may also be included in other information released to the public. Such forward-looking statements are typically, but notexclusively, identified by the use in the statements of words or phrases such as “aim,” “anticipate,” “believe,” “estimate,” “expect,” “goal,” “guidance,” “intend,” “is anticipated,” “is expected,” “isintended,” “objective,” “plan,” “projected,” “projection,” “will affect,” “will be,” “will continue,” “will decrease,” “will grow,” “will impact,” “will increase,” “will incur,” “will reduce,” “will remain,”“will result,” “would be,” variations of such words or phrases (including where the word “could,” “may,” or “would” is used rather than the word “will” in a phrase) and similar words and phrasesindicating that the statement addresses some future result, occurrence, plan or objective. Forward-looking statements include all statements other than statements of historical fact, includingforecasts or trends, and are based on current expectations, assumptions, estimates, and projections about Prosperity, Stellar and their respective subsidiaries or related to the proposed transactionbetween Prosperity and Stellar and are subject to significant risks and uncertainties that could cause actual results to differ materially from the results expressed in such statements.These forward-looking statements may include information about Prosperity’s and Stellar’s possible or assumed future economic performance or future results of operations, including futurerevenues, income, expenses, provision for loan losses, provision for taxes, effective tax rate, earnings per share and cash flows and Prosperity’s and Stellar’s future capital expenditures anddividends, future financial condition and changes therein, including changes in Prosperity’s and Stellar’s loan portfolio and allowance for loan losses, future capital structure or changes therein, aswell as the plans and objectives of management for Prosperity’s and Stellar’s future operations, future or proposed acquisitions, the future or expected effect of acquisitions on Prosperity’s andStellar’s operations, results of operations, financial condition, and future economic performance, statements about the anticipated benefits of the proposed transaction, and statements about theassumptions underlying any such statement.These forward-looking statements are not guarantees of future performance and are based on expectations and assumptions Prosperity and Stellar currently believe to be valid. Because forward-looking statements relate to future results and occurrences, many of which are outside of the control of Prosperity and Stellar, they are subject to inherent uncertainties, risks and changes incircumstances that are difficult to predict. Many possible events or factors could adversely affect the future financial results and performance of Prosperity, Stellar or the combined company andcould cause those results or performance to differ materially from those expressed in or implied by the forward-looking statements. Such risks and uncertainties include, among others: (1) the riskthat the cost savings and synergies from the proposed transaction may not be fully realized or may take longer than anticipated to be realized, (2) disruption to Prosperity’s and Stellar’s businesses asa result of the announcements and pendency of the proposed transaction, (3) the risk that the integration of Stellar’s businesses and operations into Prosperity will be materially delayed or will bemore costly or difficult than expected, or that Prosperity is otherwise unable to successfully integrate Stellar’s business into its own, including as a result of unexpected factors or events, (4) thefailure to obtain the necessary approval by the shareholders of Stellar, (5) the ability by Prosperity and/or Stellar to obtain required governmental approvals of the proposed transaction on thetimeline expected, or at all, and the risk that such approvals may result in the imposition of conditions that could adversely affect Prosperity after the closing of the proposed transaction or adverselyaffect the expected benefits of the proposed transaction, (6) reputational risk and the reaction of each company’s customers, suppliers, employees or other business partners to the proposedtransaction, (7) the failure of the closing conditions in the Merger Agreement to be satisfied, or any unexpected delay in closing the proposed transaction or the occurrence of any event, change orother circumstances that could give rise to the termination of the Merger Agreement, (8) the dilution caused by the issuances of additional shares of Prosperity’s common stock in the proposedtransaction, (9) the possibility that the proposed transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events, (10) the outcome of any legalor regulatory proceedings that may be currently pending or later instituted against Prosperity before or after the proposed transaction, or against Stellar, (11) diversion of management’s attentionfrom ongoing business operations and (12) general competitive, economic, political and market conditions and other factors that may affect future results of Prosperity and Stellar. Prosperity andStellar disclaim any obligation to update such factors or to publicly announce the results of any revisions to any of the forward-looking statements included herein to reflect future events ordevelopments. These and various other risks, uncertainties, assumptions, and factors are discussed in the Annual Reports on Form 10-K for the year ended December 31, 2024, Quarterly Reports onForm 10-Q, and Current Reports on Form 8-K, filed by Prosperity or Stellar and in other filings made by Prosperity and Stellar with the SEC from time to time.
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3 Important InformationAdditional Information about the Transaction and Where to Find ItProsperity intends to file with the SEC the Registration Statement on Form S-4 to register the shares of Prosperity common stock to be issued to the shareholders of Stellar in connection with theproposed transaction. The Registration Statement will include the Proxy Statement/Prospectus which will be sent to the shareholders of Stellar in connection with the proposed transaction. Thiscommunication is not a substitute for the Registration Statement, the Proxy Statement/Prospectus or any other document that may be filed by Prosperity or Stellar with the SEC. INVESTORS ANDSECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT, THE PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS TO BE FILED WITH THE SEC IN CONNECTIONWITH THE PROPOSED TRANSACTION OR INCORPORATED BY REFERENCE INTO THE PROXY/STATEMENT PROSPECTUS, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS,CAREFULLY AND IN THEIR ENTIRETY, BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to obtain the Registration Statement and theProxy Statement/Prospectus (when available) and other documents that are filed with the SEC by Prosperity or Stellar, as applicable, free of charge from the SEC’s website at https://www.sec.gov orthrough the investor relations section of Prosperity’s website at https://www.prosperitybankusa.com/investor-relations/ or Stellar’s website at https://ir.stellar.bank.Participants in the SolicitationProsperity, Stellar and certain of their directors and executive officers and other employees may be deemed to be participants in the solicitation of proxies from Stellar’s shareholders in connectionwith the proposed transaction. Information about the directors and executive officers of Prosperity and their ownership of Prosperity common stock is contained in the definitive proxy statement forProsperity’s 2025 annual meeting of shareholders (the “Prosperity Annual Meeting Proxy Statement”), which was filed with the SEC on March 13, 2025, including under the headings “Item 1. Electionof Directors,” “Corporate Governance,” “Executive Compensation and Other Matters,” “Item 3. Advisory Vote on Executive Compensation,” and “Beneficial Ownership of Common Stock byManagement of the Company and Principal Shareholders.” Information about the directors and executive officers of Stellar and their ownership of Stellar common stock is contained in the definitiveproxy statement for Stellar’s 2025 annual meeting of shareholders (the “Stellar Annual Meeting Proxy Statement”), which was filed with the SEC on April 10, 2025, including under the headings“Proposal 1: Election of Directors,” “Certain Corporate Governance Matters,” “Executive Compensation and Other Matters,” “Executive Compensation Payments and Awards,” “Proposal 4: AdvisoryVote on the Compensation of the Company’s Named Executive Officers (“Say-on-Pay Resolution”),” and “Beneficial Ownership of the Company’s Common Stock by Management and PrincipalShareholders of the Company.” Additional information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of the shareholders of Stellar inconnection with the proposed transaction, including a description of their direct or indirect interests, by security holdings or otherwise, will be included in the Proxy Statement/Prospectus relating tothe proposed transaction when it is filed with the SEC. To the extent holdings of securities by potential participants (or the identity of such participants) have changed since the information printed inthe Prosperity Annual Meeting Proxy Statement or the Stellar Annual Meeting Proxy Statement, such information has been or will be reflected on Statements of Change in Ownership on Forms 3 and4 filed with the SEC, as applicable. Free copies of the Proxy Statement/Prospectus relating to the proposed transaction and free copies of the other SEC filings to which reference is made in thisparagraph may be obtained from the SEC’s website at https://www.sec.gov or through the investor relations section of Prosperity’s website at https://www.prosperitybankusa.com/investor-relations/ or Stellar’s website at https://ir.stellar.bank.No Offer or SolicitationThis communication is for informational purposes only and is not intended to and does not constitute an offer to subscribe for, buy or sell, or the solicitation of an offer to subscribe for, buy or sell,or an invitation to subscribe for, buy or sell any securities or a solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of securities in any jurisdiction inwhich such offer, invitation, sale or solicitation would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except bymeans of a prospectus meeting the requirements of Section 10 of the Securities Act, and otherwise in accordance with applicable law.
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Fourth Quarter Highlights•Net income of $139.9 million and earnings per share (diluted) of $1.49 for the three months ended December 31, 2025, an increase of 8.8% compared to the fourth quarter 2025•Assets of $38.5 billion, total loans of $21.8 billion, and deposits of $28.5 billion at December 31, 2025•Common equity tier 1 ratio of 17.55% and leverage ratio of 11.93% at December 31, 2025•Deposits increased $700.4 million during the fourth quarter 2025, or 10.1% annualized•Net interest margin increased 25 basis points to 3.30% compared to 3.05% for the fourth quarter 2024•Return (annualized) on fourth quarter average assets of 1.49%, and average tangible common equity of 13.61% in the fourth quarter 2025•Sound asset quality with annualized net charge-offs / quarterly average loans of 0.11%•Allowance for credit losses on loans and off-balance sheet credit exposures of $371.4 million and allowance for credit losses on loans to total loans, excluding Warehouse Purchase Program, of 1.63%•Declared cash dividend of $0.60 for the first quarter 2026•Approved 2026 Stock Repurchase Program covering up to 5% of outstanding common stock•Completed the acquisition of American Bank Holding Corporation on January 1, 2026•Received all necessary regulatory approvals for the pending acquisition of Southwest Bancshares, Inc.•Announced the signing of definitive merger agreement to acquire Stellar Bancorp, Inc. on January 28, 20264Source: Company Documents
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OklahomaTexasEl PasoAmarilloLubbockMidlandOdessaTulsaOklahoma CityFort WorthAbileneDallasSan AntonioHoustonLaredoCorpus Christi VictoriaI NT E RS T A T E10 I NT E RS T A T E10 I NT E RS T A T E10 I NT E RS T A T E35 I NT E RS T A T E35 I NT E RS T A T E35 I NT E RS T A T E35 I NT E RS T A T E45 I NT E RS T A T E20 I NT E RS T A T E20 I NT E RS T A T E30 I NT E RS T A T E44 I NT E RS T T E44 40 IN TER STTE40 I NT E RS T A T E27Austin Strong Presence in Texas and Oklahoma (1) Per FDIC; Includes Texas headquartered commercial banks; Deposits as of 6/30/2025(2) Per proxy statement (Form DEF 14A) filed on 3/13/2025(3) Includes 18 locations currently doing business as American Bank5301 Full-Service Locations(3)15 in Bryan/College Station Area6 in Central Oklahoma Area33 in Central Texas Area61 in Dallas/Fort Worth Area22 in East Texas Area62 in Houston Area49 in South Texas Area8 in Tulsa Area45 in West Texas Area •A Texas-based financial holding company with $38.5 billion in total assets•Prosperity has been ranked as one of Forbes America’s Best Banks since the list’s inception in 2010, and was ranked in the Top 10 for 14 consecutive years•Named “Best Overall Bank in Texas” by Money in 2025•Recognized by Newsweek as one of America’s Best Regional Banks in 2025•Ranked #3 in deposit market share in Texas (1)•Texas and Oklahoma continue to benefit from strong economies, and are home to 57 Fortune 500 headquartered companies•Shareholder driven with 4.2% fully diluted insider ownership(2)•Successful completion of 46 acquisitions (whole bank, branch and failed bank transactions)Wichita Falls
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Assets Deposits Total Loans Equity Balance Sheet Summary Source: Company Documents(1) Represents the Compound Annual Growth Rate from 12/31/2014 – 12/31/20246 Data as of 12/31/2025Loans $21.8 BnDeposits $28.5 BnAssets $38.5 Bn10 Year CAGR (1)Loans 8.7%Deposits 4.9%Assets 5.7%
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Net Income Net Income (Excluding Purchase Accounting Adjustments)Net Income (Excluding Non-Recurring Charges) Net Income (Excluding PAA and Non-Recurring Charges) Net Income Source: Company Documents(1) Excludes after-tax merger related provision and expenses related to recent acquisitions, gain on Visa Class B-1 stock exchange net of investment securities sales and FDIC special assessments7 (1)(1)Note: Net income includes the following ($ in thousands)Provisionfor Credit$7,560 $24,000 $14,325 $16,350 $4,300 $20,000 - - $18,540 $9,066 - - -LossesLoanDiscount$52,122 $38,970 $21,906 $13,909 $28,045 $91,341 $39,278 $7,401 $5,566 $17,490 $12,402 $2,855 $3,134Accretion
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EPS Core EPS (Excluding Purchase Accounting Adjustments)EPS (Excluding Non-Recurring Charges) Core EPS (Excluding PAA and Non-Recurring Charges) Earnings Per Share 8Source: Company Documents(1) Excludes after-tax merger related provision and expenses related to recent acquisitions, gain on Visa Class B-1 stock exchange net of investment securities sales and FDIC special assessments(1)(1) Note: Net income includes the following ($ in thousands)Provisionfor Credit$7,560 $24,000 $14,325 $16,350 $4,300 $20,000 - - $18,540 $9,066 - - -LossesLoanDiscount$52,122 $38,970 $21,906 $13,909 $28,045 $91,341 $39,278 $7,401 $5,566 $17,490 $12,402 $2,855 $3,134Accretion
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Net Interest Margin Source: Company Documents9Net Interest Margin (Tax Equivalent) Net Interest Margin (Excluding Purchase Accounting Adjustments)
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Acquisitions & Efficiency Ratio Source: Company Documents(1) Representative of target assets at closing (2) Calculated by dividing total noninterest expense, excluding credit loss provisions, by net interest income plus noninterest income, excluding net gains and losses on the sale or write down of assets and securities. Additionally, taxes are not part of this calculation.(3) Excludes after-tax merger related provision and expenses related to recent acquisitions, gain on Visa Class B-1 stock exchange net of investment securities sales and FDIC special assessments10 ($’s in millions) Total Assets Excluding AcquisitionsTotal Assets Acquired (1)Efficiency Ratio(2)Efficiency Ratio (Excluding Non-Recurring Charges)(3)% of AssetsAcquired0.0%2.5%0.0%0.0%31.3%0.0%0.0%0.0%5.5%3.5%0.0%0.0%0.0%
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(1) Interim periods shown on an annualized basis(2) Excludes after-tax merger related provision and expenses related to recent acquisitions, gain on Visa Class B-1 stock exchange net of investment securities sales and FDIC special assessments Return on Average Tangible Common Equity 11 (1)(1)ROATCE Tangible Common EquityROATCE (Excluding Non-Recurring Charges)(2)
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(1) Interim periods shown on an annualized basis(2) Excludes after-tax merger related provision and expenses related to recent acquisitions, gain on Visa Class B-1 stock exchange net of investment securities sales and FDIC special assessments Return on Average Assets 12 (1) (1)ROAAROAA (Excluding Non-Recurring Charges)(2)
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Source: Company Documents(1) Data for the three months ended December 31, 2025 Deposit Composition 13 Total Deposits: $28.5BnTotal Cost of Deposits: 1.34% (1) As of December 31, 2025($ in millions) Cost of Interest-Bearing Deposits: 2.04% (1)$mmCost (%)(1)Noninterest-Bearing Demand $9,468 0.00%Interest-Bearing Demand $5,366 0.75%Money Market & Savings $9,131 1.96%CDs & Other Time $4,518 3.58%
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Source: Company Documents Loan Growth 14Loans (Excluding Warehouse Purchase Program) Loan / Deposit Ratio (Excluding WPP)Warehouse Purchase Program (WPP) Loan / Deposit Ratio (Including WPP)
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Loan Portfolio Overview 15Source: Company Documents(1) Data for the three months ended December 31, 2025(2) Excludes $48 million in loans assigned to the Corporate Group(3) Core yield excludes purchase accounting adjustments(4) Excludes Warehouse Purchase Program (WPP) loans As of December 31, 2025($ in millions)Loan Portfolio by Category & GeographyLoans by Rate Structure Loans HFI (Excl. WPP): $20.5BnYield on Total Loans: 5.83% (1)~4.1yrAvg. LifeCore Yield on Loans HFI (Excl. WPP): 5.77% (1)(3)Total Loans: $21.8BnYield on Loans HFI (Excl. WPP): 5.83% (1) Loans By AreaAmount(2)(4)% of TotalBryan / College Station$9884.8%Central Oklahoma$5522.7%Central Texas$2,46912.1%Dallas / Ft. Worth$6,41631.4%East Texas$7223.5%Houston$4,49122.0%South Texas$1,7418.5%Tulsa$5082.5%West Texas$2,56512.5%
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R.E. & Const. $494 27%Financial Services $457 25%Manuf. / Indust. $326 17%Retail $240 13%Medical $103 6%Transportation $81 4%Other $163 9% Loan Portfolio Detail 16Source: Company Documents(1) Includes State & Political loans(2) Total includes a net unaccreted discount of ($0.9) million not shown in graph Portfolio CommentaryC&I Detail (Excluding Energy Loans)($ in millions)Construction Detail($ in millions)Commercial Real Estate Detail($ in millions)$5,776mmTotal$2,741mmTotal(2) As of December 31, 2025($ in millions)•Loan portfolio is diversified across the Bank’s market areas and by underlying collateral type •CRE and construction loans conservatively underwritten to cost of collateral•34% of commercial real estate is owner occupied$1,864mmTotal(1)Note: Average CRE loan balance outstanding equal to $1.1 millionRetail $1,232 21%Industrial $1,222 21%Other $979 17%Office $817 14%Multifamily (MF) $642 11%Hotels $447 8%Medical $437 8% Multifamily (MF) $697 25%Single Family (SF) $613 22%Lots & Land Dev. $512 19%Other $411 15%Raw Land $220 8%Retail $131 5%Office $88 3%Medical $58 2%Hotels $10 0%
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Changes to Allowance for Credit Losses1.64% ACL to Total Loans (1) 17(1) Excludes Warehouse Purchase Program (WPP) loans 1.63% ACL to Total Loans (1)Allowance for Credit LossesAllowance forUnfunded Commitments (Other Liabilities)Net charge-offsOutstanding balancesHistorical loss ratesNon-PCD specific reservesNet decrease reserve related to changes in macro-economic conditions, and qualitative economic outlookAllowance for Credit LossesAllowance forUnfunded Commitments (Other Liabilities)PCD recoveries($3.9) million released related to resolved PCD loans without any charge offs during the fourth quarter($ in millions)$377.3 million $371.4 millionTotal Allowance for Credit Losses and Unfunded Commitments
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Source: Company Documents & Uniform Bank Performance ReportNote: NPAs include loans past due 90 days and still accruing(1) UBPR = Uniform Bank Performance Report; Peer Group 2 (113 banks) – Insured commercial banks having assets between $10 billion and $100 billion Asset QualityNPAs / Loans + OREO 18UBPR Peer Group (1)Prosperity Bank
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Non-Acquired Loan Charge-OffsAcquired Loan Charge-Offs Pre-CECLAcquired Loan Charge-Offs Post-CECLNet PCD Recoveries Post-CECLSource: Company Documents & Uniform Bank Performance ReportNote: NPAs include loans past due 90 days and still accruing(1) UBPR = Uniform Bank Performance Report; Peer Group 2 (113 banks) – Insured commercial banks having assets between $10 billion and $100 billion(2) Interim period net charge-off ratios shown on an annualized basis(3) Reflects all charge-offs and recoveries on acquired loans in accordance with CECL accounting practices; Prior to the adoption of CECL in the first quarter of 2020, PCD loans were classified as Purchased Credit Impaired (PCI) loans and their assigned fair-value marks were netted against the outstanding loan balance with a charge-off only being recorded when the loss exceeded the amount of fair-value marks remaining. Asset QualityNet Charge-Offs / Average Loans 19($ in millions)Net Charge-Offs(2)(2)(3) Net PCD RecoveriesUBPR Peer Group (1)Prosperity Bank(3)
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Source: Company Documents(1) Data for the three months ended December 31, 2025(2) Modified duration shown; Weighted average life equal to 4.3 years Securities Portfolio Detail 20 Total Securities: $10.6BnYield on Securities: 2.17% (1)Duration: 3.7 (2)Avg. Yearly Cash Flow: ~$1.9Bn96.8% Held to Maturity3.2% Available for Sale As of December 31, 2025($ in millions)$mmMortgage-Backed Securities $10,085Collateralized Mortgage Obligations $431States & Political Subdivisions $69Other Securities $22U.S. Government Agency Securities $6
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02505007501,0001,2501,5001,7502,0002,2502,500 11/12/98 11/12/01 11/12/04 11/12/07 11/12/10 11/12/13 11/12/16 11/12/19 11/12/22 11/12/25PB (+1,845.7%)S&P 500 (+904.2%)NASDAQ BANK (+156.0%)Source: S&P Global. Market data as of 12/31/2025.21 $100,000 invested in Prosperity’s IPO on 11/12/98 was worth $1,945,697 on 12/31/25Total Return PerformanceIPO (November 12, 1998) to December 31, 2025
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(a) 2024 dividend consists of $0.58 per share declared in Q1 2024, 2Q 2024, 3Q 2024 and $0.60 per share declared in 4Q 2025 Dividend History 22 (a) (Declared)
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2026- 2031Prosperity Proj. PopulationProsperity Deposits GrowthMetropolitan Statistical Area Presence ($mm) (%)Austin-Round Rock-San Marcos, TX$1,992 9.3%Jacksonville, FL 8.8%Orlando-Kissimmee-Sanford, FL 8.3%Raleigh-Cary, NC 8.3%Houston-Pasadena-The Woodlands, TX$5,659 7.3%Dallas-Fort Worth-Arlington, TX$5,834 7.3%Charlotte-Concord-Gastonia, NC-SC 7.2%San Antonio-New Braunfels, TX$2,498 7.1%Tampa-St. Petersburg-Clearwater, FL 6.7%Greenville-Anderson-Greer, SC 6.6%Nashville-Davidson--Murfreesboro--Franklin, TN 5.7%Miami-Fort Lauderdale-West Palm Beach, FL 5.7%Phoenix-Mesa-Chandler, AZ 5.6%Las Vegas-Henderson-North Las Vegas, NV 5.3%Atlanta-Sandy Springs-Roswell, GA 4.2% Presence in Fast-Growing Markets•Texas ranked second nationwide on Forbes’ 2026 America’s Best Companies list, with 52 honorees headquartered in the state•As of November 2025, Texas employment rose 1.0% year-over-year, outpacing the national growth rate by 0.4%. The state’s labor force reached nearly 16 million, setting a new all-time high•In November 2025, Google unveiled a landmark commitment to Texas, announcing a $40ௗbillion investment through 202723Source: S&P Global, Forbes, Office of the Texas Governor, U.S Bureau of Labor Statistics, and Oklahoma Commerce.(1) Includes MSAs with greater than one million in total population. Deposit data as of 6/30/2025. Positioned in Strong Markets Top 15 Fastest Growing MSAs in the U.S. (1) Oklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma CityOklahoma City TulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsaTulsa •Presence in four of the fastest growing MSAs in the United States OdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaOdessaAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneAbileneFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthFort WorthAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinAustinMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandMidlandSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioSan AntonioDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasDallasHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonHoustonCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiCorpus ChristiLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockLubbockFort WorthFort Worth•In the first three quarters of 2025, Oklahoma recorded 72 announcements from new and expanding companies, representing an estimated 6,000 new jobs. Fourteen of these companies are new to the state.•As of September 2025, Oklahoma’s labor force reached an all-time high of more than 2 million people.
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LouisianaBristow Group, Inc. (BRS)Engaged Media Studios, Inc. (EMS)EPL Oil & Gas, Inc.Fluence AnalyticsNGC TransmissionRepublic FinanceArkansasGolden LivingMurphy Oil Corporation (MUR)US Rare Earths Inc. (UREE)AlabamaTorchmark Corporation (TMK)Zoes Kitchen (ZOES)GeorgiaCharterUPCyntech Technologies (CYNT)NYLO HotelsFloridaCCS Medical DreamVisionFirehawk AerospaceiWorld Projects & Systems, Inc. (IWPS)LikewizeOptymPGA of AmericaPuget Technologies, Inc. (PUGE)QSAM BiosciencesSoftServeNorth CarolinaDex Media (DXM)Washington D.C.EF Johnson Technologies, Inc.MassachusettsCimage NovasoftCircor Energy (CIR)Invensys Process SystemsLiberty MutualNTT Data Inc. (TYO.9613)Psychemedics Corporation (PMD)RaytheonVCE Corp.ConnecticutAccudyne IndustriesFrontier Communications (FYBR)iCall Inc.TradeCapture Inc.New JerseyAmeriflexComparex USACreston ElectronicsCVE TechnologyHoneywell PMTMaryland5G LLCBroadwing Corp.Geico Insurance DivisionHanger Inc. (HGR)Tucci PoloPennsylvaniaArchaea EnergyATI Inc.Big Brothers Big SistersCDI EngineeringHyllionLinn Energy, LLC (LINE)MPOWER MobileUnion Drilling, Inc.MichiganCambium Learning (ABCD)Comerica (CMA)New YorkAlkegenAmerican Locker Group Inc. (ALGI)Banorte-Ixe Securities International, LTDBucha BioDarkPulseDataTreasury CorpFiesta Restaurant Group (FRGI)Greatbatch (GB)HMS Holdings (HMSY)JP Morgan (6,000 workers)Signature Systems GroupSI GroupSix Flags Entertainment (SIX)Visionworks of AmericaOhioCovington Group, Inc.CyrusOne (CONE)Robbins & MyersVictory CapitalMissouriElite Advanced PolymersEmerson Process ManagementKupper Parker Comm.PotentiaMetricsUlrich medical USA, Inc.TennesseeElite Data Services, Inc. (DEAC)Forward Air Corp. (FWRD)Miller Energy Resources, Inc. CaliforniaAatonomyAccentCareActive NetworksAECOMAEND Industries, Inc.Allied Electronic RecyclingALL-Q-TELL Corp.AllyMe Group, Inc.Amazing MagnetsAmeriflight LLCAnything Liquid ManufacturingAviat Networks, Inc.AviatrixBanker’s Toolbox, Inc.Boingo WirelessBoreland Software CorporationBoring Co.Cacique FoodsCaliber Collision CentersCalpineCCRA Travel SolutionsCelliPont BioscienceChannell Commercial Corp.ChevronCompassLearningConsolidated Electrical DistributorsCopart (CPRT)Core-MarkDaegis, Inc. (DAEG)DASAN Zhone Solutions, Inc.DBGDigital RealtyDimensional Fund AdvisorsDMX MUSIC, Inc.DynaPump, Inc.EDM LabortoriesEpicore Software CorporationFarmer Brothers (FARM)Farmer Veteran CoalitionFinical, Inc.Firefly Space SystemsFirst Foundation, Inc.Fluor Corporation (FLR)FonalityFreebirds World BurritoGlenmount Global SolutionsGoodguys Rod & Custom AssociationGraze, Inc. (GRAZ)Green DotHarmonateHBCI HUBHewlett Packard EnterpriseHID GlobalHuttoInbentaIntegrated Defense Products (IDP)Ironclad Performance Wear Corp.Jacobs EngineeringJamba Juice CompanyKelly-Moore PaintsKubotaLandsea Homes CorporationLiberty Fitness Holdings, LLCLoanDepot, LLCM2M Certified, Inc.Marco Fine ArtsMC Endeavors, Inc. (MSMY)McKesson Corp (MCK)MDB CapitalMitratechMondeeMonkey Sports Inc.MVTransportationNoodoe EVObagi CosmeceuticalsOccidental Ptetroleum (OXY)OmniTracsOracle CorporationOriginClear, Inc. Pacific Union FinancialPain Therapeutics (PTIE)Primoris Services Corporation (PRIM)Quality Custom Distribution Services, Inc.QuestionPro Inc.R2SonicRed Mango, Inc.Review WaveRevionics, Inc.Rifle GearRight On Brands, Inc.Ruiz FoodsSanyo EnergySionix Corp. (SINX)Solera Holdings (SLH)Sovereign FlavorsSuperconductor Technologies (SCON)Telmar Network Technology, Inc. Tenet Healthcare (THC)Tesla, Inc. (TSLA)The Allen Group, Inc.ThermasolThermomixToyota USA (TM)Trend Micro (TYO.4704)Vendor Resource ManagementVermillion, Inc. (VRML)Visual NumericsW3globalWaste Connections, Inc. (WCN)WebsenseXeris Pharmaceuticals WashingtonFisher InvestmentsLifeLast, Inc.National Scooter Co.Prometheous Energy CompanyRAW Capital Home BuyersNevadaCoreSpaceEnviroSafe Demil LLCInvoice Home Inc.ColoradoCagney Global LogisticsGlobal Clean Energy, Inc. (GCEI)Heartland Oil & Gas Corp.Magpul IndustriesPar Petroleum Corporation (PARR)QuovadxSun River Energy, Inc. (SNRV)ArizonaEoS FitnessQuest Resource Holdings Corp. (QRHC)Strategic Armory Corps (SAC)OklahomaCasedhole Solutions , Inc.CITGO Petroleum CorpGlobal Power Equipment GroupHilti North AmericaLinkAmericaNATCO Group, Inc.Petrohwk Energy CorpRing Energy, Inc. (REI)Soalr Winds (SWI)StadiumDropTrinity Hospice Inc.KansasAlco Stores (ALCS)Enerlex Resources, Inc.Layne Christensen Co.(LAYN)Lulu’s Dessert CorpNebraskaHeartland Automotive ServicesMontanaViZnMinnesotaAmerican Environmental Energy, Inc. (AEEI)EmpowerMXEnerlex Resources, Inc.LecTec Corp.MoneyGram (MGI)Ottobock HealthcareResideo Technologies Inc.Speed CommerceWestwoodCanadaAbsolute Software (ABT)Bio-Solutions Corp (BISU)Direct EnergyMitel Corp (MITL)MoneyGram (MGI)QI Systems Inc. Speed CommerceCorporate Relocations to Texas (2004 – Present) 24 VirginiaCapital One Corporate Relocations to TexasOregonCrowdstreet, Inc.Q5iDSocati Corp.MississippiElite Advanced Polymers IllinoisBL Restaurant GroupBoeing (Global Services Business)CaterpillarEleikoExtenet SystemsFerris ManufacturingGreat Lakes Dredge & Dock CorporationMedMark Services, Inc.Monolith Technology Hldgs, LLCNeovia LogisticsParus Interactive, Inc.RMG Networks (RMGN)Schumacher ElectricSolarBridge Technologies, Inc.State FarmTop Golf Source: Office of the Texas Governor.
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•The Houston MSA is the 5thlargest in the United States by population with nearly 8.0 million residents– Population is expected to grow 7.3% from 2026 – 2031 (compared to the 2.6% projected growth for the U.S.)– Current Median Household Income is $87k (in line with $87k for the U.S.)•Houston is hosting 7 FIFA World Cup matches in 2026, expecting to draw more than 500,000 visitors with an economic impact of around $1.5 billion•In 2026, the Greater Houston Partnership forecasts 30,900 new jobs, reaching a record of 3.5 million jobs by the end of 2026•Houston is a hub for renewable energy innovation– As of October 2025, Houston is home to 4,200 industry firms and 21 Fortune 500 energy headquarters25Source: S&P Global, Greater Houston Partnership.Note: References to Houston refer to the Houston-Pasadena-The Woodlands metropolitan statistical area. Houston Market HighlightsHouston Market Highlights Houston Franchise Select Fortune 500 Companies
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•The Dallas/Ft. Worth MSA is the 4th largest in the United States by population with nearly 8.6 million residents– Population is expected to grow 7.3% from 2026 – 2031 (compared to the 2.6% projected growth for the U.S.)– Median Household Income is expected to grow to $109k by 2031 (compared to $97k for the U.S.)•The new citywide campaign “Spend it in Dallas” launched in November 2025 with the goal of encouraging residents to support and reinvest in their local community. •Dallas is set to reshape US equity markets – In September 2025, the SEC approved the Texas Stock Exchange (TXSE) to launch in Dallas next year. To date, TSXE has raised $270 million in capital from major investment firms including BlackRock, Charles Schwab, Goldman Sachs and Bank of America.•As of November 2025, Texas Instruments’ $40 billion 300mm semiconductor fabrication facility in Sherman, Texas has begun production.Select Fortune 500 Companies26Source: S&P Global, Bureau of Labor Statistics, Visit Dallas, D Magazine.Note: References to Dallas refer to the Dallas – Fort Worth – Arlington metropolitan statistical area. Market Highlights Dallas / Ft. Worth Franchise Dallas/Ft. Worth Market Highlights DallasArlingtonFort WorthIrvingGarland
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Market Highlights•The Austin MSA is the 25thlargest in the United States by population with over 2.6 million residents– Population is expected to grow 9.3% from 2026 – 2031 (compared to the 2.6% projected growth for the U.S.)– Median Household Income is expected to grow to $126k by 2031 (compared to $97k for the U.S.)•Employment in Austin has increased 3.0% YoY in the financial activities sector and 2.0% in the government sector, compared to 0.6% and 0.4% nationwide, respectively•As of September 2025, Austin Unemployment rate is 3.8% compared to 4.3% nationwide•Austin is transforming into an industrial powerhouse– Major AI and semiconductor infrastructure is expanding across the region. Leading companies such as Samsung, Apple and Tesla are building significant facilities throughout Central TexasSource: S&P Global, Bureau of Labor Statistics, KXAN – NBC, Tesla.Note: References to Austin refer to the Austin – Round Rock – San Marcos metropolitan statistical area.27 Austin Market HighlightsAustin Franchise Select Fortune 500 Companies Round RockAustinSan Antonio
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Contact Information 28 Corporate HeadquartersInvestor ContactsProsperity Bank Plaza4295 San FelipeHouston Texas 77027281-269-7199 TelephoneDavid ZalmanChairman & CEO979-543-2200david.zalman@prosperitybankusa.comCullen ZalmanEVP – Banking & Corporate Activities281-269-7176cullen.zalman@prosperitybankusa.com