Company: CCNE
Filing Date: 2025-02-20
Form Type: S-4
Source: 0001193125-25-030821
Chunk: 59

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-02-20
Form: S-4
Chunk 59
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B director nominees and the approval of each of the CNB share issuance proposal, the CNB incentive plan proposal, the CNB say-on-pay proposal, the CNB auditor ratification proposal and the CNB adjournment proposal require the affirmative vote of a majority of the votes cast on such proposal.

Abstentions and broker non-votes, if any, will have no effect on any of the proposals.

Share Ownership of Management; Voting Agreements

As of the record date, the directors and executive officers of CNB and their affiliates collectively owned shares of CNB common stock, which represented approximately % of the outstanding shares of CNB common stock. Each of the directors and executive officers of CNB, solely in their capacity as a shareholder of CNB, has entered into a voting agreement with ESSA requiring each of them to vote all shares of CNB common stock beneficially owned by such person in favor of the CNB share issuance proposal. As of the record date, these directors and executive officers of CNB held shares of CNB common stock, which represented approximately % of the outstanding shares of CNB common stock.

When considering the CNB Board of Directors’ recommendation that you vote in favor of the CNB share issuance proposal, you should be aware that the directors and executive officers of CNB have interests in the merger that may be different from, or in addition to, the interests of shareholders of CNB. See the section entitled “The Merger—Interests of Certain CNB Directors and Executive Officers in the Merger” beginning on page 144.

Voting of Proxies

If you are a CNB shareholder, the CNB Board of Directors requests that you return the proxy card accompanying this joint proxy statement/prospectus for use at the CNB annual meeting. Please vote by internet, by telephone, or by completing and promptly mailing the proxy card in the enclosed postage-paid envelope.

All properly signed proxies received prior to the annual meeting and not revoked before the vote at the annual meeting will be voted at the annual meeting according to the instructions indicated on the proxies or, if no instructions are given, the shares will be voted“FOR” the CNB share issuance proposal, “FOR” each of the three CNB director nominees, “FOR” the CNB incentive plan proposal, “FOR” the CNB say-on-payproposal, “FOR” the CNB auditor ratification proposal and “FOR” the CNB adjournment proposal, if necessary.

If you have any questions concerning the merger,