Company: CCNE
Filing Date: 2025-03-03
Form Type: S-4/A
Source: 0001193125-25-044149
Chunk: 126

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-03
Form: S-4/A
Chunk 126
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,301 | ) |
| Service Cost & Prior Service Cost                                         |                                                    |   |  214,408 |   |     |   |  63,441 |   |     |   |  15,442 |   |     |   |  16,704 |   |     |   |  12,964 |   |
| CAP                                                                       |                                                    | $ |  711,341 |   |     | $ | 614,400 |   |     | $ | 625,017 |   |     | $ | 570,275 |   |     | $ | 402,368 |   |

Pay Versus Performance Descriptive Disclosure

The following financial measures were determined by the CNB Board of Directors to be the most important measures used to link its NEOs’ (including the President and Chief Executive Officer) CAP to CNB’s performance during the most recently completed fiscal year.

| • |     | Fully-diluted EPS |

| • |     | Efficiency Ratio |

| • |     | Loan Growth |

| • |     | Deposit Growth (excluding Time Deposits) |

| • |     | Return on Equity |

Comparison of Corporation TSR versus Peer Group TSR As shown in the chart below, CNB’s TSR is less than CNB’s peer group TSR. 90

Comparison of Compensation Actually Paid versus Corporation TSR The chart below displays the CAP to CNB’s President and Chief Executive Officer and the average CAP to its other non-CEONEOs with our TSR for the past five years. Mr. Peduzzi was appointed President and Chief Executive Officer of CNB, effective December 31, 2022, upon Mr. Bower’s retirement. Mr. Peduzzi’s promotion was the primary driver of his higher CAP received in 2023 versus 2022 as a result of an increase in his base salary and restricted stock awards. Comparison of Compensation Actually Paid versus Net Income The chart below compares the CAP to CNB’s President and Chief Executive Officer and the average of the CAP to its other non-CEONEOs to net income for the past five years. 91 Comparison of Compensation Actually Paid versus Company-Selected Measure (“CSM”) The chart below compares the CAP to CNB’s President and Chief Executive Officer’s and average of the CAP to other non-CEONEOs and CNB’s CSM, fully-diluted EPS for the past five years. Stock Incentive Plan The 2019 Plan was initially adopted by the CNB