Company: NWBI
Filing Date: 2025-02-24
Form Type: 424B3
Source: 0001193125-25-033488
Chunk: 96

Company: Northwest Bancshares, Inc.
Filing Date: 2025-02-24
Form: 424B3
Chunk 96
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 | loans; |

| • |     | repurchase agreements; |

| • |     | investment securities portfolio; |

| • |     | deposit insurance; |

| • |     | intellectual property and information security; |

| • |     | Bank Secrecy Act, anti-money laundering and Office of Foreign Assets Control and customer information; |

| • |     | Community Reinvestment Act compliance; |

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| • |     | related party transactions; |

| • |     | prohibited payments; |

| • |     | receipt of Stephens’ fairness opinion; |

| • |     | absence of undisclosed liabilities; |

| • |     | occurrence of material adverse effects; |

| • |     | tax treatment of Merger; and |

| • |     | absence of untrue statements or omissions of material fact. |

Northwest has made customary representations and warranties in the Merger Agreement relating to:

| • |     | corporate organization, standing and authority; |

| • |     | capital structure; |

| • |     | no ownership of Penns Woods’ common stock; |

| • |     | corporate authority and enforceability of the Merger Agreement; |

| • |     | consents and regulatory approvals; |

| • |     | compliance with SEC reporting requirements; |

| • |     | financial statements, material adverse effect, and internal controls; |

| • |     | regulatory matters; |

| • |     | litigation; |

| • |     | compliance with laws; |

| • |     | brokerage and finder’s fees; |

| • |     | takeover laws; |

| • |     | tax treatment of Merger; |

| • |     | absence of material adverse effect; |

| • |     | taxes and tax returns; and |

| • |     | absence of untrue statements or omissions of material fact. |

Penns Woods’ Conduct of Business Pending the Merger From the date of the Merger Agreement until the Effective Time of the Merger, except as expressly contemplated or permitted by the Merger Agreement or as disclosed in the Penns Woods disclosure schedule, as required by law, or required by an applicable regulatory order, without the prior written consent of Northwest, Penns Woods shall not, and shall cause its subsidiaries not to:

| • |     | conduct the business of Penns Woods 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