Company: CCNE
Filing Date: 2025-02-20
Form Type: S-4
Source: 0001193125-25-030821
Chunk: 15

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-02-20
Form: S-4
Chunk 15
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A merger proposal? |

| A: | Yes. Each of the directors and executive officers of ESSA, solely in such director’s or officer’s capacity as a shareholder of ESSA, has entered into a voting agreement with CNB requiring each of them to vote all shares of ESSA common stock owned by such director or executive officer in favor of the ESSA merger proposal. As of the record date, these directors and executive officers held    shares of ESSA common stock, which represented approximately  % of the outstanding shares of ESSA common stock. |

| Q: | When and where are the shareholder meetings? |

| A: | The annual meeting of shareholders of CNB will be held virtually at    on    , 2025, at     , Eastern time. The special meeting of shareholders of ESSA will be held virtually at    on    , 2025, at     , Eastern time. |

| Q: | What will happen at the shareholder meetings? |

| A: | At the CNB annual meeting, CNB shareholders will consider and vote on the CNB share issuance proposal. If, at the time of the CNB annual meeting, there are insufficient votes for the shareholders to adopt the CNB share issuance proposal, CNB shareholders may be asked to consider and vote on the CNB adjournment proposal. CNB shareholders will also vote on the election of three Class 2 directors to the CNB Board of Directors, the CNB incentive plan proposal, the CNB say-on-pay proposal, and the CNB auditor ratification proposal. |

At the ESSA special meeting, ESSA shareholders will consider and vote on the ESSA merger proposal and the ESSA compensation proposal. If, at the time of the ESSA shareholder meeting, there are insufficient votes for the shareholders to approve the ESSA merger proposal, ESSA shareholders may be asked to consider and vote on the ESSA adjournment proposal.

| Q: | Who is entitled to vote at the CNB annual meeting? |

| A: | All holders of CNB common stock who held shares at the close of business on     , 2025, which is the record