X0202 SCHEDULE 13G/A 0001104659-18-008098 0001718348 XXXXXXXX LIVE 10 Common Stock 02/26/2026 0001629019 Merchants Bancorp 58844R108 410 Monon Boulevard Carmel IN 46032 Rule 13d-1(d) Michael F. Petrie a X1 0.00 12575375.00 0.00 12575375.00 12575375.00 N 27.4 IN Jody J. Petrie a X1 0.00 12575375.00 0.00 12575375.00 12575375.00 N 27.4 IN Emily J. Pell a X1 2018399.00 746709.00 2018399.00 746709.00 2765108.00 N 6.0 IN The Emily J. Petrie Irrevocable Trust - 2010 a X1 2611424.00 0.00 2611424.00 0.00 2611424.00 N 5.7 OO The Julia L. Petrie Irrevocable Trust - 2010 a X1 2410152.00 0.00 2410152.00 0.00 2410152.00 N 5.3 OO Merchants Bancorp 410 Monon Boulevard, Carmel, IN 46032 Michael F. Petrie Jody J. Petrie The Emily J. Petrie Irrevocable Trust - 2010 The Julia L. Petrie Irrevocable Trust - 2010 Emily J. Pell Michael F. Petrie, Jody J. Petrie, The Emily J. Petrie Irrevocable Trust - 2010, The Julia L. Petrie Irrevocable Trust - 2010, and Emily J. Pell have entered into a Joint Filing Agreement pursuant to which they have agreed to file this Schedule 13G Amendment jointly in accordance with the provisions of Rule 13d-1(k) of the Act. 410 Monon Boulevard, Carmel, IN 46032 United States Michael F. Petrie - 12,575,375 Jody J. Petrie - 12,575,375 Emily J. Pell - 2,765,108 The Emily J. Petrie Irrevocable Trust - 2010 - 2,611,424 The Julia L. Petrie Irrevocable Trust - 2010 - 2,410,152 27.4% 27.4% 6.0% 5.7% 5.3% 0 0 2,018,399 2,611,424 2,410,152 12,575,375 12,575,375 746,709 0 0 0 0 2,018,399 2,611,424 2,410,152 12,575,375 12,575,375 746,709 0 0 Y Y Y Y Y Y Michael F. Petrie /s/ Michael F. Petrie 04/06/2026 Jody J. Petrie /s/ Jody J. Petrie 04/06/2026 Emily J. Pell /s/ Emily J. Pell 04/06/2026 The Emily J. Petrie Irrevocable Trust - 2010 /s/ Jody J. Petrie 04/06/2026 The Julia L. Petrie Irrevocable Trust - 2010 /s/ Jody J. Petrie 04/06/2026