Company: NWFL
Filing Date: 2025-10-28
Form Type: 424B3
Source: 0001193125-25-252482
Chunk: 59

Company: NORWOOD FINANCIAL CORP
Filing Date: 2025-10-28
Form: 424B3
Chunk 59
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 ownership. If you want to vote your shares of PB Bankshares common stock held in street name at the special meeting, you must obtain a written proxy in your name from the broker, bank or other nominee who is the record holder of your shares. You will receive a confirmation of your registration by email after we receive your registration materials. 35

Quorum and Vote Required Quorum. We will have a quorum and will be able to conduct the business of the special meeting if the holders of a majority of the outstanding shares of common stock entitled to vote are present in person or by proxy at the meeting. Votes Required for Proposals.Under Maryland law and PB Bankshares’ articles of incorporation, approval of the merger agreement will require the affirmative vote of the holders of a majority of the outstanding shares of PB Bankshares entitled to vote on the proposal. Approval of the adjournment proposal will require the affirmative vote of a majority of the votes cast at the PB Bankshares special meeting, assuming a quorum is present. Abstentions and broker non-voteswill have the same effect as voting against the merger agreement proposal but will have no effect on the adjournment proposal. As of the PB Bankshares record date, directors and executive officers of PB Bankshares and their affiliates had the right to vote approximately 377,915 shares of PB Bankshares common stock, or 14.3% of the outstanding shares of PB Bankshares common stock at that date. Each of the directors and executive officers of PB Bankshares has entered into a voting agreement with Norwood to vote all of his or her shares of PB Bankshares common stock over which he or she has sole voting power in favor of the merger agreement. How We Count Votes.If you return valid proxy instructions or attend the special meeting virtually, we will count your shares for purposes of determining whether there is a quorum, even if you abstain from voting. Broker non-votesalso will be counted for purposes of determining the existence of a quorum. Broker non-votesand abstentions will have the effect of a vote against the proposal to approve the merger agreement and will have no effect on the proposal to adjourn, postpone, or continue the PB Bankshares special meeting. Voting by Proxy The board of directors of PB Bankshares is sending you this proxy statement/prospectus for the purpose of requesting that you allow your shares of PB Bankshares common stock to be represented at the special meeting by the persons named in the board of directors’ form of proxy. PB Bankshares shareholders