Company: CCNE
Filing Date: 2025-03-03
Form Type: S-4/A
Source: 0001193125-25-044149
Chunk: 84

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-03
Form: S-4/A
Chunk 84
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 | 34,993 |     |       |  87,943 |
| Nicholas N. Scott      |     |                 |  58,300 |     |                 | 34,993 |     |       |  93,293 |
| Richard B. Seager      |     |                 |  53,900 |     |                 | 34,993 |     |       |  88,893 |
| Peter F. Smith(3)      |     |                 |  30,700 |     |                 | 34,993 |     |       |  65,693 |
| Francis X. Straub, III |     |                 |  57,700 |     |                 | 34,993 |     |       |  92,693 |
| Peter C. Varischetti   |     |                 |  63,300 |     |                 | 34,993 |     |       |  98,293 |
| Julie Young            |     |                 |  58,300 |     |                 | 34,993 |     |       |  93,293 |

| (1) | Includes amounts deferred at the election of the director pursuant to the Deferred Compensation Plan for Non-Employee Directors. |

| (2) | Total stock award value computed using the closing price on the date of the award ($21.35 as of January 31, 2024) multiplied by the number of shares awarded (1,639 shares). |

| (3) | Peter F. Smith retired from the CNB Board of Directors on June 16, 2024. |

55

CNB PROPOSAL 3 – THE INCENTIVE PLAN PROPOSAL CNB is asking its shareholders to consider and to approve adoption of the CNB Financial Corporation 2025 Omnibus Incentive Plan (the “2025 Plan”). Upon recommendation of the ECC, the 2025 Plan was adopted by the CNB Board of Directors and became effective on January 21, 2025 (the “Effective Date”), subject to approval by the shareholders at the CNB annual meeting. The CNB Board of Directors believes that the 2025 Plan is important to CNB’s continued growth and success and that approval of the 2025 Plan is required for CNB to be able to continue to make equity awards to key persons in a size that the CNB Board of Directors believes is necessary to accomplish CNB’s goals. The