Company: NWBI
Filing Date: 2025-02-24
Form Type: 424B3
Source: 0001193125-25-033488
Chunk: 122

Company: Northwest Bancshares, Inc.
Filing Date: 2025-02-24
Form: 424B3
Chunk 122
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 PADOS; or (ii) such later date and time as may be set forth in such articles of merger and statement of merger (such time hereinafter referred to as the
“”).

2.04. Closing.Subject to the terms and conditions of this Agreement, the closing of
the Merger (the “”) will occur by electronic exchange of documents at 10:00 am, Columbus, Ohio time, on a date as soon as reasonably practicable to be mutually agreed upon by NWBI and PWOD, andafter the
satisfaction or waiver (subject to applicable law) of the latest to occur of the conditions set forth in hereof (other than those conditions that by their nature can only be satisfied at the Closing, but subject
to the satisfaction or waiver thereof). The date on which the Closing occurs is referred to as the “”.

2.05.
The Subsidiary Bank Mergers.

(a) Immediately following the Parent Merger, or at such later time as NWBI may
determine, Luzerne Bank will merge with and into Northwest Bank (the “”). Northwest Bank shall be the surviving entity in the Luzerne Bank Merger and, following the Luzerne Bank Merger, the separate corporate
existence of Luzerne Bank shall cease and Northwest Bank shall survive and continue to exist as a Pennsylvania-chartered state bank. Promptly after the date of this Agreement, Northwest Bank and Luzerne Bank shall enter into an agreement and plan of
merger in substantially the form attached hereto as (the “”).

(b) Immediately following the Luzerne Bank Merger, or at such later time as NWBI may determine, Jersey Shore State Bank will merge with and
into Northwest Bank (the “”, and

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together with the Luzerne Bank Merger, the “”). Northwest Bank shall be the surviving entity in the Jersey Shore State Bank Merger and, following the
Jersey Shore State Bank Merger, the separate corporate existence of Jersey Shore State Bank shall cease and Northwest Bank shall survive and continue to exist as a Pennsylvania-chartered state bank. Promptly after the date of this Agreement,
Northwest Bank and Jersey Shore State Bank shall enter into an agreement and plan of merger in substantially the form attached hereto as (the “”, and together
with the Luzerne Bank Merger Agreement, the “”).

(c) Each of NWBI and PWOD shall
approve the Subsidiary Bank Merger Agreements and the Subsidiary Bank M