Company: CCNE
Filing Date: 2025-04-08
Form Type: DEFA14A
Source: 0001193125-25-075120
Chunk: 2

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-04-08
Form: DEFA14A
Chunk 2
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 forward-looking statements
about CNB and its industry involve substantial risks and uncertainties. Statements other than statements of current or historical fact, including statements regarding CNB’s future financial condition, results of operations, business plans,
liquidity, cash flows, projected costs, and the impact of any laws or regulations applicable to CNB, are forward-looking statements. Words such as “anticipates,” “believes,” “estimates,” “expects,”
“forecasts,” “intends,” “plans,” “projects,” “may,” “will,” “should” and other similar expressions are intended to identify these forward-looking statements. Such statements are
subject to factors that could cause actual results to differ materially from anticipated results.

Among the risks and uncertainties that could cause
actual results to differ from those described in the forward-looking statements include, but are not limited to the following: (i) the ability to complete the proposed merger with ESSA on the proposed terms or on the anticipated timeline, or at
all, including the risk that governmental approvals of the merger may not be obtained, or adverse regulatory conditions may be imposed in connection with governmental approvals of the merger and risks and uncertainties related to securing the
necessary shareholder approvals and satisfaction of other closing conditions to consummate the proposed merger; (ii) the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement
relating to the proposed merger; (iii) risks related to diverting the attention of management from ongoing business operations; (iv) failure to realize the expected benefits of the proposed merger; (v) significant transaction costs
and/or unknown or inestimable liabilities; (vi) the risk of shareholder litigation in connection with the proposed merger, including resulting expense or delay; (vii) the risk that ESSA’s business will not be integrated successfully
or that such integration may be more difficult, time-consuming or costly than expected; (viii) risks related to future opportunities and plans for the combined company, including the uncertainty of expected future financial performance and
results of the combined company following completion of the proposed merger; (ix) the effect of the announcement of the proposed merger on the ability of CNB to operate its business and retain and hire key personnel and to maintain favorable
business relationships; (x) risks related to the market value of the CNB common stock to be issued in the proposed merger; (xi) other risks related to the completion of the proposed merger and actions related thereto; (x