On May 11, 2020, Hilltop Holdings Inc. completed the issuance and sale of $50,000,000 aggregate principal amount of 5.75% Fixed-to-Floating Rate Subordinated Notes due 2030 and $150,000,000 aggregate principal amount of 6.125% Fixed-to-Floating Rate Subordinated Notes due 2035. The 2030 Notes were issued under the Indenture, dated as of May 11, 2020 between the Company and U.S. Bank National Association, as trustee, as supplemented by the First Supplemental Indenture, dated as of May 11, 2020 between the Company and the Trustee. The 2035 Notes were issued under the Base Indenture, as supplemented by the Second Supplemental Indenture, dated as of May 11, 2020 between the Company and the Trustee.