Chemical Financial Corporation

Chemical Financial Corporation ("Chemical" or the "Corporation") is a bank holding company registered under the Bank Holding Company Act of 1956, as amended, and incorporated in the State of Michigan. Chemical was organized under Michigan law in August 1973, and is headquartered in Midland, Michigan. Chemical was substantially inactive until June 30, 1974, when it acquired Chemical Bank and Trust Company (CBT), pursuant to a reorganization in which the former shareholders of CBT became shareholders of Chemical. In addition to the acquisition of CBT, the Corporation acquired nineteen community banks and thirteen branch bank offices through December 31, 2005 and had consolidated these acquisitions into three commercial bank subsidiaries. The Corporation completed a corporate organizational restructuring on December 31, 2005 which consolidated its three commercial bank charters into one commercial bank charter.