Merchants Bancorp

Securities

• MBIN Common Stock Nasdaq
• MBINL Depositary Shares, Each Representing a 1/40th Interest in a Share of 7.625% Fixed Rate Series E Non-Cumulative Perpetual Preferred Stock, without par value Nasdaq
• MBINM Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-Rate Reset Series D Non-Cumulative Perpetual Preferred Stock Nasdaq
• MBINN Depositary Shares 6.00% Fixed Rate Series C Non-Cumulative Perpetual Preferred Stock Nasdaq