Company: NWBI
Filing Date: 2025-01-27
Form Type: S-4
Source: 0001193125-25-012768
Chunk: 11

Company: Northwest Bancshares, Inc.
Filing Date: 2025-01-27
Form: S-4
Chunk 11
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 certain payments that will or may be made to Penns Woods’ named executive                                                          
 officers in connection with the Merger. The vote on the Penns Woods advisory (non-binding) proposal on specified compensation is a vote separate and apart from the vote to adopt and approve the Merger                                             
 Agreement and the transactions contemplated thereby. You may vote for the compensation proposal and against the Merger proposal, or vice versa. Because the vote on the Penns Woods advisory (non-binding)                                           
 proposal on specified compensation is advisory only, it will not be binding on Penns Woods or Northwest and will have no impact on whether the Merger is completed or on whether any contractually obligated payments are made to Penns Woods’ named 
 executive officers.                                                                                                                                                                                                                                  |

| Q: | Who is entitled to vote at the Penns Woods Special Meeting? |

| A: | If you were the record holder of Penns Woods common stock as of    , 2025 (the record date                   
 for the Penns Woods Special Meeting), you are entitled to receive notice of, and to vote at, the Penns Woods |

3

| Special Meeting. Each holder of Penns Woods common stock is entitled to cast one (1) vote on each matter properly brought before the Penns Woods Special Meeting for each share of Penns Woods 
 common stock that such holder owned as of the record date.                                                                                                                                     |

| Q: | How do I vote my shares of common stock of Penns Woods? |

| A: | Attendance at the Penns Woods Special Meeting is not required to vote. Whether or not you attend the                                                                                                                                                     
 Penns Woods Special Meeting, the Penns Woods board of directors urges you to read this proxy statement carefully, including its annexes and the documents incorporated by reference in this proxy statement. If you are a shareholder of record, you can 
 ensure that your shares are voted at the Penns Woods Special Meeting by submitting your proxy via:                                                                                                                                                       |

| • |     | mail, using the enclosed postage-paid envelope; |

| • |     | telephone, by calling the toll-free number listed on each proxy card; or |

| • |     | the Internet, by accessing the address provided on each proxy card. |

If you are a shareholder of record and you sign, date and return your proxy card without indicating how you wish to vote, your proxy will be voted in favor of each of the adoption and approval of the Merger proposal, the advisory proposal on specified compensation, and