Company: NWBI
Filing Date: 2025-02-24
Form Type: 424B3
Source: 0001193125-25-033488
Chunk: 93

Company: Northwest Bancshares, Inc.
Filing Date: 2025-02-24
Form: 424B3
Chunk 93
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 on and as of the Effective Time (except that representations and warranties that  
 by their terms speak as some other date must be true and correct as of such date and any representation and warranty that is qualified by absence of a material adverse effect shall be true and correct in all respects); and (ii) all other            
 representations and warranties, without giving effect to any qualification as to materiality or material adverse effect, must be true and correct, as of the date of the Merger Agreement and as of the Effective Time as though made on and as of the   
 Effective Time (except that representations and warranties that by their terms speak as some other date must be true and correct as of such date and any representation and warranty that is qualified by absence of a material adverse effect shall be  
 true and correct in all respects), provided, however, that such nonfundamental representations and warranties shall be determined to be true and correct unless failure to be true or correct has had or reasonably would be expected to have a material 
 adverse effect on Northwest, and Penns Woods shall have received a certificate, dated as of the Effective Date, signed on behalf of Northwest by the CEO or CFO of Northwest to such effect;                                                             |

| • |     | Northwest must have performed in all material respects all obligations required to be performed by Northwest 
 under the Merger Agreement at or prior to the Effective Time, and Penns Woods must have                      |

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| received a certificate, dated as of the effective date, signed on behalf of Northwest by its CEO or CFO to such effect; and |

| • |     | Penns Woods must have received a written opinion from its counsel dated as of the Effective Date, to the effect                                                                                                                           
 that, on the basis of facts, representations and assumptions set forth or referred to in the written opinion, the Merger will qualify as a “reorganization” within the meaning of Section 368(a) of the Internal Revenue Code of 1986, as 
 amended.                                                                                                                                                                                                                                  |

Conditions to Obligation of Northwest. Northwest will not be required to consummate the Merger unless the following conditions are also fulfilled or waived in writing:

| • |     | that (i) certain fundamental representations and warranties of Penns Woods contained in the Merger Agreement                                                                                                                                             
 must be true and correct in all material respects, subject to the Merger Agreement, as of the date of the Merger Agreement and as of the Effective Time as though made on and as of the Effective Time (except that representations and warranties that  
 by their