Company: CCNE
Filing Date: 2025-03-05
Form Type: 424B3
Source: 0001193125-25-047258
Chunk: 208

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-05
Form: 424B3
Chunk 208
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 way of foreclosures or acquisitions in a bona fide fiduciary capacity or in satisfaction                                                                                                                                 
 of debts previously contracted in good faith, in each case in the ordinary course of business consistent with past practice) (i) any debt security or equity investment of a type or in an amount that is not in accordance with ESSA’s         
 investment policy, or (ii) any debt security other than U.S. government and U.S. government agency securities with final maturities not greater than five years or mortgage-backed or mortgage related securities which would not be considered 
 “high risk” securities under applicable regulatory pronouncements, in each case purchased in the ordinary course of business consistent with past practice;                                                                                     |

| • |     | restructure or materially change their investment securities portfolio, through purchases, sales or otherwise, or 
 the manner in which such portfolio is classified under GAAP or reported for regulatory purposes;                  |

161

| • |     | make, renew, increase, extend, modify or purchase any new loan, in an amount in excess of $5 million for a                                                                                                                                
 commercial real estate loan (provided that, with respect to renewals of commercial real estate loans, the threshold shall be $7 million), $3 million for a commercial business loan, $5 million for a construction loan or $2 million for 
 a residential real estate loan; consent is deemed given unless CNB objects within two business days of receiving a notification from ESSA;                                                                                                |

| • |     | make any equity investment or equity commitment to invest in real estate or in any real estate development                                                                                                                                   
 project other than by way of foreclosures or acquisitions in a bona fide fiduciary capacity or in satisfaction of a debt previously contracted in good faith, in each case in the ordinary course of business consistent with past practice; |

| • |     | make or change any material tax election, file any amended tax return, enter into any material closing agreement,                                                                                                                                         
 settle or compromise any material liability with respect to taxes, agree to any adjustment of any material tax attribute, file any material claim for a refund of taxes, or consent to any extension or waiver of the limitation period applicable to any 
 material tax claim or assessment;                                                                                                                                                                                                                         |

| • |     | commit any act or omission which constitutes a material breach or default under any agreement with any                                                                                 
 governmental authority or under any material contract, lease or other material agreement or material license to which they are a party or by which they or their properties are