Company: CCNE
Filing Date: 2025-03-03
Form Type: S-4/A
Source: 0001193125-25-044149
Chunk: 138

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-03
Form: S-4/A
Chunk 138
---
 of Ethics”). The Code of Ethics can be found at CNB’s website, www.cnbbank.bank.

Policies and Procedures Regarding Transactions with Related Persons

Pursuant to CNB’s Code of Conduct, directors, officers, agents, attorneys and immediate family members of such persons and business entities in which such persons have, directly or indirectly, a majority or controlling interest should at all times be free of any conflicting interests when acting on behalf of CNB or any of its affiliates.

The Code of Conduct specifies that loan transactions involving such persons will be governed by regulatory rules and regulations restricting rates and terms, CNB’s general lending policies and CNB’s insider loans policy, and such loans must be approved by an authorized lending officer other than the person in question.

The Code of Conduct further requires that all potential conflict of interest situations be reported. Any person who wishes to obtain approval of a particular action, or waiver of any requirements of the Code of Conduct in any particular situation, must apply for approval or waiver by disclosing all relevant facts and circumstances to the approving authority. For directors, the CNB Board of Directors may grant approval or waivers. For officers, the executive officer responsible for the department to which the officer is assigned may grant approval or waivers and for all others, CNB’s Chairperson or President may grant such approval or waivers. Persons subject to the Code of Conduct and wishing to engage in a purchase, lease or sale of any assets or services from or to CNB or any of its affiliates, other than in the ordinary course of business, must disclose the facts to the CNB Board of Directors, which shall then determine whether to approve such transaction.**

#### DELINQUENT SECTION 16(A) REPORTS
Under SEC rules, CNB’s directors, executive officers and beneficial owners of more than 10% of CNB’s equity securities are required to file periodic reports of their ownership, and changes in that ownership, with the SEC.

Based solely on a review of reports CNB filed on behalf of its directors and executive officers, and written representations from these individuals that no other reports were required, all reports on behalf of CNB’s directors and executive officers were filed on a timely basis under Section 16(a) other than, as a result of an administrative error, ten reports for Joel E. Peterson, a director of CNB, related to 2024 monthly deferred compensation transactions. The reports for these transactions were due on a monthly basis.

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