Company: NWBI
Filing Date: 2025-01-27
Form Type: S-4
Source: 0001193125-25-012768
Chunk: 225

Company: Northwest Bancshares, Inc.
Filing Date: 2025-01-27
Form: S-4
Chunk 225
---
 with and into NWBI, with NWBI being the surviving corporation
(“”).

B. The Merger Agreement contemplates that immediately following, the consummation of the Parent
Merger, or at such later time as NWBI may determine, Luzerne Bank will be merged with and into Northwest Bank, with Northwest Bank being the surviving entity (the “”).

C. In consideration of the recitals and the mutual agreements, covenants and undertakings contained herein and for the purpose of setting
forth the terms and conditions of the Luzerne Bank Merger, the parties, intending to be legally bound, agree as follows:

AGREEMENTS

1. . At the Effective Time (as hereinafter defined) and upon the terms and conditions set forth in this
Agreement, Luzerne Bank shall be merged with and into Northwest Bank, and Northwest Bank shall continue in existence as the surviving corporation of the merger (the “”).

2. . Subject to consummation of the Parent Merger and the other provisions of this Agreement, immediately after the
Parent Merger or at such later time as NWBI may determine, and upon receipt of all required shareholder and regulatory approvals, Northwest Bank and Luzerne Bank shall cause articles of merger (the “”) and such
other documents and certificates as are necessary to be executed and delivered to the Pennsylvania Department of Banking and Securities for filing with the Pennsylvania Department of State.

3. . The date and time specified in the Statement of Merger filed with the Pennsylvania Department of State Bureau of
Corporations and Charitable Organizations shall be deemed the effective time of the Luzerne Bank Merger (the “”).

4. . The Articles of Incorporation of Northwest Bank, as in effect at the Effective Time, shall be
the Articles of Incorporation of the Surviving Bank, until they shall thereafter be altered, amended, or repealed in accordance with law. Until amended or repealed as therein provided, the Bylaws of Northwest Bank in effect at the Effective Time
shall be the Bylaws of the Surviving Bank.

5. . At the Effective Time, (i) the officers of Northwest
Bank shall be the officers of the Surviving Bank and (ii) the directors of Northwest Bank plus the PWOD Director (as defined in Section 6.23 of the Merger Agreement) shall be the directors of the Surviving Bank, in each case to serve in
such capacities

A-73

until their successors have been duly elected or appointed or