CenterState Bank Corporation announced its previously offering of $200,000,000 aggregate principal amount of 5.750% Fixed-to-Floating Rate Subordinated Notes due 2030 (the “Notes”) to be issued by CenterState Bank Corporation (the “Company”), the Company and U.S. Bank National Association, as trustee entered into an Indenture dated as of May 29, 2020 (the “Base Indenture”) and a First Supplemental Indenture dated as of May 29, 2020 to the Base Indenture (the “Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), providing for the issuance of the Notes. The Notes initially shall bear interest at an initial rate of 5.750% per annum, payable semiannually in arrears on June 1 and December 1 of each year, commencing on December 1, 2020. The last interest payment date for the fixed rate period will be June 1, 2025. From and including June 1, 2025 to, but excluding, June 1, 2030 or the date of earlier redemption, the Notes will bear interest at a floating rate per annum equal to the Benchmark rate (which is expected to be Three-Month Term SOFR), each as defined in and subject to the provisions of the Indenture, plus 561.7 basis points, payable quarterly in arrears on March 1, June 1, September 1 and December 1 of each year, commencing on June 1, 2025. Notwithstanding the foregoing, in the event that the Benchmark rate is less than zero, the Benchmark rate shall be deemed to be zero.