Company: CCNE
Filing Date: 2025-03-03
Form Type: S-4/A
Source: 0001193125-25-044149
Chunk: 136

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-03
Form: S-4/A
Chunk 136
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 The Accrued Benefit shall be increased by a pro-rated amount relative to the participant’s service during the year in which the separation from service event occurs in order to give the executive partial credit for such year. |

| (6) | Under the Defined Contribution Plan, if Mr. Dixon’s employment is terminated for any reason other than death, disability, or pursuant to a change in control as of December 31, 2024, then he will not have any entitlements because he will remain unvested until reaching the age of 55. In the event of death, disability or a change in control event, Mr. Dixon will become vested and receive a lump sum payment of the balance of his account. |

| (7) | Represents the amounts under the Defined Contribution Plan agreements between CNB and Mr. Lima which was frozen as of September 30, 2023. Mr. Lima became fully vested as of this date. |

| (8) | The meaning of the term “cause” will be specific to the applicable Employment Contract, SERP, Defined Contribution Plan, 2019 Incentive Plan, or the applicable award agreement thereunder. |

| (9) | The meaning of the term “disability” will be specific to the applicable Employment Contract, SERP, Defined Contribution Plan, 2019 Incentive Plan, or the applicable award agreement thereunder. |

Executive Compensation and Personnel Committee Interlocks and Insider Participation The members of the ECC are Messrs. Obi (Committee Chairperson), Powell, Scott and Straub, and Ms. Young. No person who served as a member of the ECC during 2024, including, prior to his retirement, Mr. Smith, was a current or former officer or employee of CNB or any of its subsidiaries or, except as disclosed below, engaged in certain transactions with CNB required to be disclosed by regulations of the SEC. Additionally, there were no compensation committee “interlocks” during 2024, which generally means that no executive officer of CNB served as a director or member of the compensation committee of another entity, one of whose executive officers served as a director or member of the ECC. 101

CNB CEO PAY RATIO As required by Section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(u) of Regulation S-K,CNB is providing the following information about the relationship of the median of the annual total compensation of its employees and the annual total compensation of Mr