Company: CCNE
Filing Date: 2025-01-10
Form Type: 425
Source: 0001193125-25-004105
Chunk: 128

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-01-10
Form: 425
Chunk 128
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’s definitive proxy statement filed with the SEC on March 8, 2024. You can find information about ESSA’s executive officers and directors in ESSA’s definitive proxy statement filed with the SEC on January 25, 2024. Additional information regarding the interests of such potential participants will be included in the joint proxy statement/prospectus and other relevant documents filed with the SEC when they become available. You may obtain free copies of these documents from CNB or ESSA using the sources indicated above. 2

CNB At a Glance Cultural Cornerstones and Distinct Geographic Business Model Driving Outsized Returns Financial Snapshot as of 2024Q3 Our Core Values Experienced M&A Community Banking Focus Executive Team Social Impact & Greater Leadership, Accountability, Purpose and Integrity Distinguished Brands Across Multiple Markets Pennsylvania+ Pennsylvania Eastern Ohio Central Ohio New York Virginia Best-in-Class TBV Compounding (1) 10-Year TBVPS + Dividends CAGR • Founded in 1865 • Opened in 2005• Opened in 2013• Opened in 2016• Established in 2021 • 20 full-service offices • 13 full-service offices • 7 full-service offices • 12 branches, 1 drive-• 3 full-service offices in Central and North in PA and OH servicing Central OH thru and 1 mobile PA office • Established in 2023, provides access to resources related to accelerating their business, developing business strategies, and establishing a supporting community of women • Operates within the existing geographic footprint of each of CNB Bank’s five other divisions, and strategically expands beyond those borders utilizing an online presence • Seamless partnership with Private Banking in providing customers with a broad array of competitive solutions Source: S&P Global Market Intelligence. Note: Peers are defined as nationwide major exchange-traded banks with total assets between $5 and $15 billion with 2026 median research analyst consensus 3 estimates, excluding specialty business models, merger targets, and mutuals. (1) TBVPS = Tangible Book Value per Share. CAGR measured from 2014Q3 to 2024Q3.

2023 2021 CNB’s Demonstrated Track Record of Strong Growth and Qualitative Shareholder Returns (2) Total Asset Growth and Key Franchise Growth Activities ($B) Stock Price Performance ~1.6x outperformance Common Equity At-The-Market Common Capital Raise of Capital Raise of Equity $34.5M $20.0M Capital Raise of $