Company: NWBI
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001193125-25-049104
Chunk: 60

Company: Northwest Bancshares, Inc.
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 60
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 calculation. Total compensation for this median employee was determined in the same manner as the “Total Compensation” shown for our CEO in the Summary Compensation Table. There were no cost-of-livingadjustments, full-time equivalent adjustments, or annualization in the calculation of these amounts. In determining the median employee, we included approximately 326 employees who work less than 1,000 hours per year. Our CEO’s annual total compensation for 2024 for purposes of the Pay Ratio Rule is equal to the amount reported in the “Total” column in the Summary Compensation Table.

| Annual Total Compensation of Median Employee  |     | $ |    54,161 |
| Annual Total Compensation of Mr. Torchio, CEO |     |   | 3,857,874 |
| Ratio of CEO to Median Employee Compensation  |     |   |      71:1 |

The rules for identifying the median employee and calculating the pay ratio allow companies to apply various methodologies and apply various assumptions and, as result, the pay ratio reported by us may not be comparable to the pay ratio reported by other companies. 30

**Pay Versus Performance**

In accordance with SEC rules, we provide the following disclosure regarding executive “compensation actually paid” (“CAP”) and certain performance for the fiscal years listed below. You should refer to our CD&A for a complete description of how executive compensation relates to the Company’s performance and how the Compensation Committee makes its decisions on executive compensation matters.

|      |     | Principal Executive Officer (“PEO”)(1) |           |     |                |           |     |                                |           |     |             |           |     | Non-PEONEOs (2)                       |           |     |                                      |           |     | Value of initial fixed$100 investment based on: |        |     |                                |        |     | Company metrics       |         |     |                                   |      |   |
|      |     | Summary compensation                   
 on table total (3)                     |           |     |                |           |     | Compensation actually paid (4) |           |     |             |           |     | Average                               
 summarycompensation ontable total ($) |           |     | Averagecompensationactually paid ($) |           |     | Totalshareholderreturn ($)(6)                   |        |     | Peer group                     
 total shareholderreturn ($)(7) |        |     | Net income            
 (in thousands) ($)(8) |         |     | Return onaverage assets(ROAA”)(