Company: CCNE
Filing Date: 2025-03-03
Form Type: S-4/A
Source: 0001193125-25-044149
Chunk: 27

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-03
Form: S-4/A
Chunk 27
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 A quorum of CNB shareholders is necessary to hold a valid meeting. If the holders of at least a majority of the total number of shares of CNB common stock entitled to vote are present at the virtual annual meeting or represented by proxy at the annual meeting, a quorum will exist. Abstentions and broker non-voteswill be counted for purposes of determining whether a quorum is present.

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Assuming a quorum is present at the CNB annual meeting, the election of the CNB director nominees and the approval of each of the CNB share issuance proposal, the CNB incentive plan proposal, the CNB say-on-payproposal, the CNB auditor ratification proposal and the CNB adjournment proposal require the affirmative vote of a majority of the votes cast on such proposal. Abstentions and broker non-votes,if any, will have no effect on any of the proposals. Share Ownership of Management; Voting Agreements(Page 35) As of the record date, the directors and executive officers of CNB collectively held 488,151 shares of CNB common stock, which represented approximately 2.33% of the outstanding shares of CNB common stock. Each of the directors and certain executive officers of CNB have entered into a voting agreement with ESSA, requiring each of them to vote all shares of CNB common stock beneficially owned by such person in favor of the CNB share issuance proposal. As of the record date, these directors and executive officers held 484,812 shares of CNB common stock, which represented approximately 2.31% of the outstanding shares of CNB common stock. The Special Meeting of Shareholders of ESSA Date, Time and Place of the Special Meeting(Page 106) ESSA will hold its special meeting of shareholders virtually at https://www.meetnow.global/MSSN7L7 on April 15, 2025, at 10:00 a.m., Eastern time. Purpose of the ESSA Special Meeting(Page 106) At the ESSA special meeting, you will be asked to vote on the following:

| 1. | the ESSA merger proposal; |

| 2. | the ESSA compensation proposal; and |

| 3. | the ESSA adjournment proposal, if necessary. |

**Recommendation of ESSA Board of Directors(Page 106) The ESSA Board of Directors unanimously recommends that you vote “ FOR” the ESSA merger proposal