Company: CCNE
Filing Date: 2025-01-10
Form Type: 425
Source: 0001193125-25-004105
Chunk: 106

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-01-10
Form: 425
Chunk 106
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 of the foregoing or any agreement to engage in any of the foregoing.

“” means any of the following (other than the transactions contemplated hereunder): (a) a merger,
consolidation, share exchange, business combination or any similar transaction, involving the relevant companies; (b) a sale, lease, exchange, mortgage, pledge, transfer or other disposition of assets and/or liabilities that constitute a
substantial portion of the net revenues, net income or assets of the relevant companies in a single transaction or series of transactions; (c) a tender offer or exchange offer for 25% or more of the outstanding shares of the capital stock of
the relevant companies or the filing of a registration statement under the Securities Act in connection therewith; or (d) an agreement or commitment by the relevant companies to take any action referenced above.

“” means, with respect to any Person, any person that directly, or indirectly through one or more intermediaries,
controls, is controlled by, or is under common control with, such Person and, without limiting the generality of the foregoing, includes any executive officer, director, manager or Person who beneficially owns more than ten percent of the equity or
voting securities of such Person.

“” shall mean any Federal or state banking regulator, including but not
limited to the FRB, the PADOBS and the FDIC, which regulates CNB, CNB Bank, ESSA or ESSA Bank, or any of their respective subsidiaries, as the case may be.

“” means Monday through Friday of each week, except a legal holiday recognized as such by the U.S. government or
any day on which banking institutions in the Commonwealth of Pennsylvania are authorized or obligated to close.

“” means the Board of Directors of CNB Bank.

“” means the Board of Directors of CNB.

“” means the disclosure schedule delivered by CNB to ESSA on or prior to the date hereof setting
forth, among other things, items the disclosure of which is necessary or appropriate either in response to an express provision of this Agreement or as an exception to one or more of its representations and warranties in Article IV or its covenants
in Article V (provided that (i) any information set forth in any one section of the CNB Disclosure Schedule shall be deemed to apply to each other applicable Section or subsection of such CNB Disclosure Schedule if its relevance to
the information called for in such Section or subsection is reasonably apparent on its face and (ii