Company: CCNE
Filing Date: 2025-03-03
Form Type: S-4/A
Source: 0001193125-25-044149
Chunk: 208

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-03
Form: S-4/A
Chunk 208
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, 2025 of the registration statement of which this joint proxy statement/prospectus is a part, CNB and the CNB Board of Directors has received one Demand Letter from a purported CNB shareholder, which could result in litigation related to the merger being filed against CNB, the CNB Board of Directors, and/or ESSA and the ESSA Board of Directors, and additional demand letters may be received or litigation may be filed against them, which could prevent or delay the completion of the merger or otherwise negatively impact the business and operations of CNB and ESSA” beginning on page 25 for more information.

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#### ESSA PROPOSAL 2—MERGER-RELATED EXECUTIVE COMPENSATIONAs required by the federal securities laws, ESSA is providing its shareholders with the opportunity to cast an advisory,non-bindingvote on the compensation that may become payable to its named executive officers in connection with the completion of the merger, as disclosed in the section entitled “The Merger—Interests of Certain ESSA Directors and Executive Officers in the Merger” beginning on page 145 and the related tables and narrative.Your vote is requested. ESSA believes that the compensation that may become payable to its named executive officers in connection with the completion of the merger is reasonable and the information regarding such compensation demonstrates that ESSA’s executive compensation program was designed appropriately and structured to ensure the retention of talented executives and a strong alignment with the long-term interests of ESSA shareholders. This vote is not intended to address any specific item of compensation, but rather the overall compensation that may become payable to ESSA’s executive officers in connection with the merger. This vote is separate and independent from the vote of shareholders to approve the merger agreement. ESSA asks that its shareholders vote “FOR” the following resolution:RESOLVED, that the compensation that may become payable to ESSA’s named executive officers in connection with the completion of the merger, as disclosed in the section entitled “The Merger—Interests of Certain ESSA Directors and Executive Officers in the Merger” and the related tables and narrative, is hereby approved.Approval of this proposal is not a condition to the completion of the merger. In addition, this vote is advisory and, therefore, it will not be binding on ESSA, nor will it overrule any prior decision of ESSA or require the ESSA Board of Directors (or any committee thereof