HBT · HBT Financial, Inc.

The reporting person transferred 4,118 shares of common stock to a living trust of which the reporting person and his spouse are trustees. The reporting person and his spouse are the beneficiaries of the trust.

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.75 to $29.10, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.41 to $26.56, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

These shares were acquired in multiple transactions at the price herein, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each separate transaction.

Acquired pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement") entered into on October 20, 2025, between Issuer and CNB Bank Shares, Inc. ("CNB"). Pursuant to the Merger Agreement, at the effective time of the merger, CNB merged with and into Issuer with Issuer surviving the merger, and each share of common stock, par value $0.01 per share, of CNB outstanding immediately prior to the effective time of the merger, was converted into the right to receive, at the option of the Reporting Persons, the following: (1) (a) 1.0434 shares of common stock, par value $0.01 per share, of HBT Financial, Inc. ("Common Stock") (the "stock consideration"), (b) cash in the amount of $27.73 (the "cash consideration"), or (c) a combination of cash consideration and stock consideration ("mixed consideration"), in each case subject to adjustment and to the election and proration procedures as provided in the Merger Agreement, and (2) cash in lieu of fractional shares.

Reflects the estimated number of shares of Common Stock to be issued to the Reporting Persons pursuant to the Merger Agreement. The Reporting Persons will file an amendment to this Form 4 to the extent the actual number of shares of Common Stock issued differs from the numbers reported in column (4).

Acquired pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement") entered into on October 20, 2025, between Issuer and CNB Bank Shares, Inc. ("CNB"). Pursuant to the Merger Agreement, at the effective time of the merger, CNB merged with and into Issuer with Issuer surviving the merger, and each share of common stock, par value $0.01 per share, of CNB outstanding immediately prior to the effective time of the merger, was converted into the right to receive, at the option of the Reporting Persons, the following: (1) (a) 1.0434 shares of common stock, par value $0.01 per share, of HBT Financial, Inc. ("Common Stock") (the "stock consideration"), (b) cash in the amount of $27.73 (the "cash consideration"), or (c) a combination of cash consideration and stock consideration ("mixed consideration"), in each case subject to adjustment and to the election and proration procedures as provided in the Merger Agreement, and (2) cash in lieu of fractional shares.

Reflects the estimated number of shares of Common Stock to be issued to the Reporting Persons pursuant to the Merger Agreement. The Reporting Persons will file an amendment to this Form 4 to the extent the actual number of shares of Common Stock issued differs from the numbers reported in column (4).

Acquired pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement") entered into on October 20, 2025, between Issuer and CNB Bank Shares, Inc. ("CNB"). Pursuant to the Merger Agreement, at the effective time of the merger, CNB merged with and into Issuer with Issuer surviving the merger, and each share of common stock, par value $0.01 per share, of CNB outstanding immediately prior to the effective time of the merger, was converted into the right to receive, at the option of the Reporting Persons, the following: (1) (a) 1.0434 shares of common stock, par value $0.01 per share, of HBT Financial, Inc. ("Common Stock") (the "stock consideration"), (b) cash in the amount of $27.73 (the "cash consideration"), or (c) a combination of cash consideration and stock consideration ("mixed consideration"), in each case subject to adjustment and to the election and proration procedures as provided in the Merger Agreement, and (2) cash in lieu of fractional shares.

Reflects the estimated number of shares of Common Stock to be issued to the Reporting Persons pursuant to the Merger Agreement. The Reporting Persons will file an amendment to this Form 4 to the extent the actual number of shares of Common Stock issued differs from the numbers reported in column (4).

Acquired pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement") entered into on October 20, 2025, between Issuer and CNB Bank Shares, Inc. ("CNB"). Pursuant to the Merger Agreement, at the effective time of the merger, CNB merged with and into Issuer with Issuer surviving the merger, and each share of common stock, par value $0.01 per share, of CNB outstanding immediately prior to the effective time of the merger, was converted into the right to receive, at the option of the Reporting Persons, the following: (1) (a) 1.0434 shares of common stock, par value $0.01 per share, of HBT Financial, Inc. ("Common Stock") (the "stock consideration"), (b) cash in the amount of $27.73 (the "cash consideration"), or (c) a combination of cash consideration and stock consideration ("mixed consideration"), in each case subject to adjustment and to the election and proration procedures as provided in the Merger Agreement, and (2) cash in lieu of fractional shares.

Reflects the estimated number of shares of Common Stock to be issued to the Reporting Persons pursuant to the Merger Agreement. The Reporting Persons will file an amendment to this Form 4 to the extent the actual number of shares of Common Stock issued differs from the number reported in column (4).

Shares of common stock acquired upon settlement of performance restricted stock unit award granted to the reporting person on February 28, 2023.

Represents shares withheld to satisfy the tax obligation on vested performance restricted stock units.

The reporting person received 600 restricted stock units ("RSUs") under the HBT Financial, Inc. Omnibus Incentive Plan. The RSUs fully vest on February 28, 2027.

The reporting person received 889 restricted stock units ("RSUs") under the HBT Financial, Inc. Omnibus Incentive Plan. The RSUs vest in three annual installments, with 33% vesting on February 28, 2027, 33% vesting on February 29, 2028, and 34% vesting on February 28, 2029.

Represents shares withheld to satisfy the tax obligation on vested performance restricted stock units.

The reporting person received 2,596 restricted stock units ("RSUs") under the HBT Financial, Inc. Omnibus Incentive Plan. The RSUs vest in three annual installments, with 33% vesting on February 28, 2027, 33% vesting on February 29, 2028, and 34% vesting on February 28, 2029.

Shares of common stock acquired upon settlement of performance restricted stock unit award granted to the reporting person on February 28, 2023.

Represents shares withheld to satisfy the tax obligation on vested restricted stock units.

Represents shares withheld to satisfy the tax obligation on vested restricted stock units.

Represents shares withheld to satisfy the tax obligation on vested restricted stock units.

The reporting person received 1,916 restricted stock units ("RSUs") under the HBT Financial, Inc. Omnibus Incentive Plan. The RSUs vest in three annual installments, with 33% vesting on February 28, 2027, 33% vesting on February 29, 2028, and 34% vesting on February 28, 2029.

The reporting person received 5,322 restricted stock units ("RSUs") under the HBT Financial, Inc. Omnibus Incentive Plan. The RSUs vest in three annual installments, with 33% vesting on February 28, 2027, 33% vesting on February 29, 2028, and 34% vesting on February 28, 2029.

Represents shares withheld to satisfy the tax obligation on vested restricted stock units.

Shares of common stock acquired upon settlement of performance restricted stock unit award granted to the reporting person on February 28, 2023.

Shares of common stock acquired upon settlement of performance restricted stock unit award granted to the reporting person on February 28, 2023.

The reporting person received 600 restricted stock units ("RSUs") under the HBT Financial, Inc. Omnibus Incentive Plan. The RSUs fully vest on February 28, 2027.

Represents shares withheld to satisfy the tax obligation on vested restricted stock units.

The reporting person received 600 restricted stock units ("RSUs") under the HBT Financial, Inc. Omnibus Incentive Plan. The RSUs fully vest on February 28, 2027.

The reporting person received 600 restricted stock units ("RSUs") under the HBT Financial, Inc. Omnibus Incentive Plan. The RSUs fully vest on February 28, 2027.

Shares of common stock acquired upon settlement of performance restricted stock unit award granted to the reporting person on February 28, 2023.

The reporting person received 600 restricted stock units ("RSUs") under the HBT Financial, Inc. Omnibus Incentive Plan. The RSUs fully vest on February 28, 2027.

The reporting person received 2,592 restricted stock units ("RSUs") under the HBT Financial, Inc. Omnibus Incentive Plan. The RSUs vest in three annual installments, with 33% vesting on February 28, 2027, 33% vesting on February 29, 2028, and 34% vesting on February 28, 2029.

Represents shares withheld to satisfy the tax obligation on vested performance restricted stock units.

The reporting person received 1,557 restricted stock units ("RSUs") under the HBT Financial, Inc. Omnibus Incentive Plan. The RSUs vest in three annual installments, with 33% vesting on February 28, 2027, 33% vesting on February 29, 2028, and 34% vesting on February 28, 2029.

Represents shares withheld to satisfy the tax obligation on vested performance restricted stock units.

Represents shares withheld to satisfy the tax obligation on vested restricted stock units.

The reporting person received 600 restricted stock units ("RSUs") under the HBT Financial, Inc. Omnibus Incentive Plan. The RSUs fully vest on February 28, 2027.

Shares of common stock acquired upon settlement of performance restricted stock unit award granted to the reporting person on February 28, 2023.

The reporting person received 1,047 restricted stock units ("RSUs") under the HBT Financial, Inc. Omnibus Incentive Plan. The RSUs vest in three annual installments, with 33% vesting on February 28, 2027, 33% vesting on February 29, 2028, and 34% vesting on February 28, 2029.

Represents shares withheld to satisfy the tax obligation on vested performance restricted stock units.

Shares of common stock acquired upon settlement of performance restricted stock unit award granted to the reporting person on February 28, 2023.

Represents shares withheld to satisfy the tax obligation on vested restricted stock units.

Represents shares withheld to satisfy the tax obligation on vested performance restricted stock units.

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.55 to $28.60, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.50 to $29.27, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

The reporting person transferred 546,604 shares of common stock to an account jointly owned by the Roger A. Baker 2021 Irrevocable Trust and the Mary Angela Baker 2021 Irrevocable Trust. The reporting person is a beneficiary and trustee of the Roger A. Baker 2021 Irrevocable Trust, and the reporting person's spouse is a beneficiary and trustee of the Mary Angela Baker 2021 Irrevocable Trust.

The reporting person transferred 45,815 shares of common stock to the Fred L. Drake Revocable Trust of which the reporting person is a beneficiary and trustee.

Shares were gifted by the reporting person to a charitable organization.