Company: CCNE
Filing Date: 2025-03-03
Form Type: S-4/A
Source: 0001193125-25-044149
Chunk: 222

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-03
Form: S-4/A
Chunk 222
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 proposal or furnish, or otherwise provide access to, any confidential or non-public information or data with respect to ESSA or otherwise relating to an acquisition proposal; or |

| • |     | release any person from, waive any provision of, or fail to enforce any confidentiality agreement or standstill agreement to which ESSA is a party. |

ESSA must immediately cease any existing discussions or negotiations with any person (other than CNB) with respect to any of the foregoing. Under the merger agreement, an “acquisition proposal” means any proposal or offer with respect to any of the following (other than the transactions contemplated thereunder):

| • |     | merger, consolidation, share exchange, business combination or other similar transactions; |

| • |     | 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 ESSA or ESSA Bank in a single transaction or series of transactions; |

| • |     | tender offer or exchange offer for 25% or more of the outstanding shares of capital stock or the filing of a registration statement under the Securities Act in connection therewith; or |

| • |     | public announcement by any person of a proposal, plan or intention to do any of the foregoing or any agreement to engage in any of the foregoing. |

If ESSA receives a bona fide unsolicited written acquisition proposal prior to its shareholder meeting that did not result from a breach by ESSA of any of the non-solicitationprovisions in the merger agreement as discussed above, ESSA may participate in discussions or negotiations regarding the unsolicited acquisition proposal or furnish the third party with, or otherwise afford access to the third party of, any information or data with respect to ESSA or any of its subsidiaries or otherwise relating to the acquisition proposal if:

| • |     | the ESSA Board of Directors first determines in good faith, after consultation with its outside legal counsel and with respect to financial matters, its outside financial advisor, that such acquisition proposal is or is reasonably likely to lead to a superior proposal and that it must take such actions to comply with its fiduciary duties under applicable law; |

| • |     | ESSA has provided CNB with at least 48 hours’ prior notice of such determination; and |

| • |     | prior to furnishing or affording access to any information or data with respect to ESSA or any of