Company: CCNE
Filing Date: 2025-03-05
Form Type: 424B3
Source: 0001193125-25-047258
Chunk: 129

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-05
Form: 424B3
Chunk 129
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 compensation measure, which was consistently applied to all of                                                 
 its employees included in the calculation. Since all of CNB’s employees are located in the United States, as is its CEO, CNB did not make any cost-of-living 
 adjustments in identifying the median employee.                                                                                                              |

| 4. | Once CNB identified its median employee, CNB combined all of the elements of such employee’s compensation                                                         
 for 2024 in accordance with the requirements of Item 402(c)(2)(x) of Regulation S-K, resulting in annual total compensation for CNB’s median employee of $52,904. |

| 5. | With respect to the annual total compensation of CNB’s CEO, CNB used the amount reported in the          
 “Total” column of its 2024 Summary Compensation Table included in this joint proxy statement/prospectus. |

102

CERTAIN TRANSACTIONS WITH CNB RELATED PERSONS

Directors and officers of CNB and certain business organizations and individuals associated with them have been customers of and have had normal banking
transactions with CNB Bank. All such transactions have been in the ordinary course of business, on terms substantially equivalent, including interest rates and collateral, to those which prevailed at the time in comparable transactions with persons
not related to CNB or CNB Bank and do not involve more than the normal risk of collectability or present other unfavorable features.

Code of Ethics

The CNB Board of Directors has approved a Code of Ethics for Officers and Directors (“Code of Ethics”). The Code of
Ethics can be found at CNB’s website, www.cnbbank.bank.

Policies and Procedures Regarding Transactions with Related Persons

Pursuant to CNB’s Code of Conduct, directors, officers, agents, attorneys and immediate family members of such persons and
business entities in which such persons have, directly or indirectly, a majority or controlling interest should at all times be free of any conflicting interests when acting on behalf of CNB or any of its affiliates.

The Code of Conduct specifies that loan transactions involving such persons will be governed by regulatory rules and regulations restricting rates and terms,
CNB’s general lending policies and CNB’s insider loans policy, and such loans must be approved by an authorized lending officer other than the person in question.

The Code of Conduct further requires that all potential conflict of interest situations be reported. Any person who wishes to obtain approval of a particular
action, or waiver of any requirements of the Code of Conduct in any particular situation, must apply