Glacier

Message From Our CEO

June 24, 2025

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Guaranty Bancshares, Inc. (“GNTY”), the bank holding company for Guaranty Bank & Trust, N.A. (“Guaranty Bank & Trust”) announced today that it has entered into a definitive agreement to be acquired by Glacier Bancorp, Inc. (“Glacier”). Pending approval by GNTY’s shareholders and banking regulators and satisfaction of other closing conditions, Guaranty Bank & Trust will become the 18th bank in the Glacier family of banks, and the first in Texas. The acquisition is expected to close in the 4th quarter of 2025.

“Guaranty Bank & Trust has been a staple in the banking community of Texas for more than a century. We have a bank philosophy of investing in good people, empowering them to serve their customers and communities by making local decisions and being a vital part of their local markets. Our team has always exceeded expectations. The opportunity to join Glacier Bancorp, which is a family of community banks that collectively share our banking philosophy, culture and character, was a perfect opportunity to position Guaranty Bank & Trust for the future. We will continue to grow and invest in our communities and our customers will be dealing with the same familiar faces, led by the same management team, in each of our markets and with the move, our name will not change. We will continue to be Guaranty Bank & Trust. The same locations that serve you today will serve you tomorrow. This partnership gives Guaranty added strength, with the support of a larger balance sheet and the resources to invest in the latest technologies and products to serve our existing and future customers.” said Ty Abston, Chairman & CEO.

“We understand the importance of taking care of the places we call home,” said Randy Chesler, Glacier's President and CEO. “Guaranty Bank & Trust will join our 17 other bank divisions headquartered in eight states across the West and Southwest, all served by local teams making decisions about how to best meet the needs of their customers and communities. We are excited to bring Glacier’s highly successful community banking model to the State of Texas with a partner who has spent the last century building such a strong foundation of trust.”

About Guaranty Bancshares, Inc.

Guaranty Bancshares, Inc. (NYSE: GNTY) is the parent company for Guaranty Bank & Trust, N.A. Guaranty Bank & Trust has 33 banking locations across 26 Texas communities located within the East Texas, Dallas/Fort Worth, Houston and Central Texas regions of the state. As of March 31, 2025, Guaranty Bancshares, Inc. had total assets of $3.2 billion, total loans of $2.1 billion and total deposits of $2.7 billion.

Visit www.gnty.com for more information.

About Glacier Bancorp, Inc.

Glacier Bancorp, Inc. (NYSE: GBCI) is the parent company for Glacier Bank and its 17 bank divisions serving eight states in the Western and Southwestern U.S. Glacier operates with a community banking model, giving local banks autonomy in their markets while providing the resources of a larger banking organization. Community banking is central to Glacier’s business model and value system. Glacier’s bank divisions include: Altabank (American Fork, UT), Bank of the San Juans (Durango, CO), Citizens Community Bank (Pocatello, ID), Collegiate Peaks Bank (Buena Vista, CO), First Bank of Montana (Lewistown, MT), First Bank of Wyoming (Powell, WY), First Community Bank Utah (Layton, UT), First Security Bank (Bozeman, MT), First Security Bank of Missoula (Missoula, MT), First State Bank (Wheatland, WY), Glacier Bank (Kalispell, MT), Heritage Bank of Nevada (Reno, NV), Mountain West Bank (Coeur d'Alene, ID), The Foothills Bank (Yuma, AZ), Valley Bank (Helena, MT), Western Security Bank (Billings, MT), and Wheatland Bank (Spokane, WA).

Visit Glacier's website at www.glacierbancorp.com

For additional information regarding the transaction, see the proxy statement on the investor page located at www.gnty.com