Company: CCNE
Filing Date: 2025-03-03
Form Type: S-4/A
Source: 0001193125-25-044149
Chunk: 15

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-03
Form: S-4/A
Chunk 15
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 officers of CNB, solely in such director’s or officer’s capacity as a shareholder of CNB, has entered into a voting agreement with ESSA requiring each of them to |

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| vote all shares of CNB common stock owned by such director or executive officer in favor of the CNB share issuance proposal. As of the record date, these directors and executive officers held 484,812 shares of CNB common stock, which represented approximately 2.31% of the outstanding shares of CNB common stock. |

| Q: | Are there any ESSA shareholders already committed to voting in favor of the ESSA merger proposal? |

| A: | Yes. Each of the directors and executive officers of ESSA, solely in such director’s or officer’s capacity as a shareholder of ESSA, has entered into a voting agreement with CNB requiring each of them to vote all shares of ESSA common stock owned by such director or executive officer in favor of the ESSA merger proposal. As of the record date, these directors and executive officers held 786,575 shares of ESSA common stock, which represented approximately 7.75% of the outstanding shares of ESSA common stock. |

| Q: | When and where are the shareholder meetings? |

| Q: | What will happen at the shareholder meetings? |

| A: | At the CNB annual meeting, CNB shareholders will consider and vote on the CNB share issuance proposal. If, at the time of the CNB annual meeting, there are insufficient votes for the shareholders to adopt the CNB share issuance proposal, CNB shareholders may be asked to consider and vote on the CNB adjournment proposal. CNB shareholders will also vote on the election of three Class 2 directors to the CNB Board of Directors, the CNB incentive plan proposal, the CNB say-on-pay proposal, and the CNB auditor ratification proposal. |

At the ESSA special meeting, ESSA shareholders will consider and vote on the ESSA merger proposal and the ESSA compensation proposal. If, at the time of the ESSA shareholder meeting, there are insufficient votes for the shareholders to approve the ESSA merger proposal, ESSA shareholders may be asked to consider and vote on the ESSA adjournment proposal.

| Q: | Who is entitled to vote at the CNB annual meeting? |

| Q: | Who is entitled to vote at the ESSA special