IRS Forms 8937

Issuers of corporate securities are required to complete Internal Revenue Service Form 8937 to report organizational actions that affect the basis of the securities. The information in IRS Form 8937 and the related attachments does not constitute tax advice and is not intended to be a complete analysis or description of all potential U.S. federal income tax consequences of the merger of equals between Chemical Financial Corporation and Legacy TCF Financial Corporation. Legacy TCF stockholders are strongly urged to consult with their own tax advisors to determine the particular U.S., federal, state, local or foreign income or other tax consequences of the merger transaction on them.

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