Company: NWFL
Filing Date: 2025-09-19
Form Type: S-4
Source: 0001193125-25-208580
Chunk: 66

Company: NORWOOD FINANCIAL CORP
Filing Date: 2025-09-19
Form: S-4
Chunk 66
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 Presence Bank is in compliance with federal regulations with respect to its loans and extensions of credit to executive officers and directors. The

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aggregate amount of our loans to our executive officers, directors and their related parties was $million at June 30, 2025. As of June 30, 2025, these loans were performing according to their original repayment terms. Pursuant to PB Bankshares’ Policy and Procedures for Approval of Related Person Transactions, the Audit Committee periodically reviews, no less frequently than twice a year, a summary of transactions in excess of $25,000 with its directors, executive officers, and their family members, for the purpose of determining whether the transactions are within PB Bankshares’ policies and should be ratified and approved. Additionally, pursuant to PB Bankshares’ Code of Business Conduct and Ethics, all of PB Bankshares’ executive officers and directors must disclose any personal or financial interest in any matter that comes before PB Bankshares’ board. Executive Compensation Summary Compensation Table.The table below summarizes the total compensation paid to or earned by the individuals identified above as becoming executive officers of Norwood upon consummation of the merger.

| Name and principal position                            |     | Year |      |     | Salary 
 ($)    |         |     | Bonus 
 ($)   |         |     | Option 
 Awards 
 ($)    |   |     | Stock  
 Awards 
 ($)    |   |     | Non-Equity   
 Incentive    
 Compensation 
 ($)          |   |     | All other    
 Compensation 
 ($) (1)      |         |     | Total 
 ($)   |         |
| Janak M. Amin,                                         |     |      | 2024 |     |        | 367,290 |     |       | 139,920 |     |        | — |     |        | — |     |              | — |     |              | 141,031 |     |       | 630,751 |
| President and Chief Executive Officer                  |     |      | 2023 |     |        | 330,000 |     |       | 177,000 |     |        | — |     |        | — |     |              | — |     |              | 131,682 |     |       | 638,682 |
| Douglas L. Byers,                                      |     |      | 2024 |     |        | 212,130 |     |       |  42,426 |     |        | — |     |