Company: NWFL
Filing Date: 2025-03-18
Form Type: DEF 14A
Source: 0001193125-25-056227
Chunk: 30

Company: NORWOOD FINANCIAL CORP
Filing Date: 2025-03-18
Form: DEF 14A
Chunk 30
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| Adjustments to Determine Compensation “Actually Paid” for the PEO (Mr. Donnelly)                                                                                  |     | 2024 |          |   |
|:------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:-----|---------:|:--|
| Deduction for Amounts Reported under the ‘Stock Awards’ Column in the SCT                                                                                         |     | $    | (161,402 | ) |
| Deduction for Amounts Reported under the ‘Option Awards’ Columns in the SCT                                                                                       |     |      |        — |   |
| Increase for Fair Value of Awards Granted during year that Remain Unvested as of Year end                                                                         |     | $    |   19,220 |   |
| Increase for Fair Value of Awards Granted during year that Vest during year                                                                                       |     |      |        — |   |
| Increase/deduction for Change in Fair Value fromPrior Year-end tocurrent Year-end ofAwards Granted Prior to year that were Outstanding and Unvested asof Year-end |     |      |  (41,407 | ) |
| Increase/deduction for Change in Fair Value fromPrior Year-end toVesting Date of Awards Granted Prior to year that Vested during year                             |     |      |   (7,507 | ) |
| Deduction of Fair Value of Awards Granted Prior to year that were forfeited during year                                                                           |     |      |        — |   |
| Increase based upon Incremental Fair Value of Awards Modified during year                                                                                         |     |      |        — |   |
| Increase based on Dividends or Other Earnings Paid during the year prior to Vesting Date of Award                                                                 |     | $    |   13,735 |   |
| Total Adjustments                                                                                                                                                 |     | $    | (229,531 | ) |

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| (4) | Equity Award Adjustments for the AverageNon-PEONEO Compensation Actually Paid:The following table sets forth the adjustments made during the 2024 year to the SCT “Total Compensation” column in the Pay vs Performance Table to arrive at average compensation “actually paid” toour Non-PEO NEOsduring the 2024 year presented: |

| Adjustments to Determine Average Compensation “Actually Paid” forthe Non-PEO NEOs                                                                                 |     | 2024 |         |   |
|:------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:-----|--------:|:--|
| Deduction for Amount