Company: NWBI
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001193125-25-049104
Chunk: 81

Company: Northwest Bancshares, Inc.
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 81
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 of Northwest Bank. Mrs. Paup’s employment with Northwest Bank terminated on September 20, 2024. For the year ended December 31, 2024, Mrs. Paup was paid $142,139 in total compensation (which constitutes compensation for services for the portion of the year through the date of her termination of employment). In addition, Mr. Paup’s sister, Barbara Sicher, is a non-executiveemployee of Northwest Bank. For the year ended December 31, 2024, Mrs. Sicher was paid $224,678 in total compensation. Total compensation for these individuals was determined in the same manner as for the NEOs disclosed in the Summary Compensation table, which includes cash compensation, stock incentive awards and the change in pension value. In addition, in accordance with our Regulation W Policy, any transactions between Northwest Bank and any executive officer or director are reviewed to ensure they are both competitive and at terms that are at least as preferable for Northwest Bank as could be received in an arms-length transaction. Any such transactions are then reported to the Board of Directors, or committee thereof. 42

PROPOSAL 2 — RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM Our independent registered public accounting firm for the year ended December 31, 2024 was KPMG LLP. Our Audit Committee has approved the engagement of KPMG LLP to be our independent registered public accounting firm for the year ending December 31, 2025, subject to ratification of the engagement by our shareholders. At the Annual Meeting, shareholders will vote on the proposal to ratify the engagement of KPMG LLP for the year ending December 31, 2025. A representative of KPMG LLP is expected to attend the Annual Meeting to respond to appropriate questions and to make a statement if they so desire. Although ratification is not required by applicable laws, our Bylaws or otherwise, the Board is submitting the selection of KPMG LLP to our shareholders for ratification because we value your views on our independent registered public accounting firm. The Audit Committee intends to carefully consider the results of the vote. If the shareholders do not ratify the appointment of KPMG LLP, the committee will reconsider KPMG LLP’s selection. Even if the selection of the independent registered public accounting firm is ratified, the Audit Committee, in its discretion, may direct the appointment of a different independent registered public accounting firm at any time during the year if it determines that such change is in the best