Company: NWBI
Filing Date: 2025-02-24
Form Type: 424B3
Source: 0001193125-25-033488
Chunk: 136

Company: Northwest Bancshares, Inc.
Filing Date: 2025-02-24
Form: 424B3
Chunk 136
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 qualifying as a “reorganization” within the meaning of Section 368(a) of the Code.

(z)
Commitments. Agree to take, make any commitment to take, or adopt any resolutions of PWOD Board in support of, any of the actions prohibited by this .

4.02. Forbearances of NWBI. From the date hereof until the Effective Time or earlier termination of this Agreement,
except as expressly contemplated or permitted by this Agreement (including as set forth in of the NWBI Disclosure Schedule (it being understood that any disclosures made with respect to a subsection of this
shall be deemed to qualify (1) any other subsection of this specifically referenced or cross-referenced, and (2) any other subsections of this
to the extent it is reasonably apparent on its face (notwithstanding the absence of a specific cross reference) from a reading of the disclosure that such disclosure applies to such other subsections)) or as
required by law or regulation or by any Governmental Authority or as required by an applicable Regulatory Order, without the prior written consent of PWOD (such consent not to be unreasonably withheld, conditioned or delayed), NWBI shall not, and
shall cause its Subsidiaries not to:

(a) Ordinary Course.Conduct the business of NWBI and its Subsidiaries other
than in the ordinary and usual course or fail to use reasonable efforts to preserve intact their respective business organizations and assets and maintain their respective rights, franchises and existing relations with customers, suppliers, vendors,
employees and business associates, or voluntarily take any action which, at the time taken, is reasonably likely to have an adverse effect upon NWBI’s ability to perform any of its obligations under this Agreement or prevent or materially delay
the consummation of the transactions contemplated by this Agreement.

(b) Governing Documents.Amend the NWBI
Articles or the NWBI Bylaws in a manner that would materially and adversely affect the holders of PWOD Common Stock, or adversely affect the holders of PWOD Common Stock relative to other holders of NWBI Common Stock.

(c) Reorganization 368(a). Not take, or fail to take, any action that would reasonably be expected to prevent or impede the
Merger from qualifying as a “reorganization” within the meaning of Section 368(a) of the Code

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(d) Adverse Actions. Take any action that is intended or is reasonably
likely to result in (i) any of its representations and warranties set forth in this