Company: CCNE
Filing Date: 2025-03-03
Form Type: S-4/A
Source: 0001193125-25-044149
Chunk: 76

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-03
Form: S-4/A
Chunk 76
---
| 4. | Successful career in a business or profession, or valuable community knowledge and perspective, suitable to CNB’s business and community service plans. |

| 5. | Character and reputation. |

| 6. | Whether the candidate is “independent” under SEC and NASDAQ rules. |

| 7. | Provide expertise in an area needed for the CNB Board of Directors. |

No incumbent director may be nominated without approval of at least 25% of the existing directors and no person not then a director may be proposed for nomination without approval of at least two-thirdsof the directors. CNB’s bylaws provide that any director, upon first being appointed or elected to serve as a director, must own the lesser of 1,000 unencumbered shares of common stock of CNB or the number of shares equivalent to $15,000 of market value as of the date of the appointment or election. Further, on or before the third anniversary of the director’s first election to the CNB Board of Directors, the director must own at least the lesser of 2,500 unencumbered shares of common stock of CNB or the number of shares equal to $25,000 of market value. The CGN Committee has a charter, a copy of which is available on CNB’s website at www.cnbbank.bank. Communications with Directors Any shareholder who wishes to communicate with CNB’s directors (or with any individual director) should send a letter to the directors as follows: ATTN: Corporate Secretary—Communication to Directors, CNB Financial Corporation, P.O. Box 42, Clearfield, PA 16830. The Secretary will regularly forward all such correspondence to the directors. 47

Director Attendance at Annual Meetings CNB typically schedules a meeting of the CNB Board of Directors in conjunction with the annual meeting and expects that the members of the CNB Board of Directors will attend the annual meeting, absent a valid reason, such as a previously scheduled conflict. All of the individuals then serving as directors attended the 2024 annual meeting of CNB shareholders in April 2024. Director Education CNB and the CNB Board of Directors believe that continuing director education is essential to the CNB Board of Directors’ performance and continued oversight of CNB and its business. In July 2024, the CNB Board of Directors attended a formal training session related to the Bank Secrecy Act of 1970, Office of Foreign Assets Control requirements and anti-money laundering. In