Company: NWBI
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001193125-25-049104
Chunk: 45

Company: Northwest Bancshares, Inc.
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 45
---
 interpolation and rounded up to the nearest whole number of PSUs. Other Practices, Policies & Guidelines Stock Ownership Guidelines.Our Board has adopted stock ownership guidelines for our NEOs and our non-employeedirectors, which must be achieved during a five-year phase-inperiod after the NEO or director first becomes subject to the guidelines. The Board believes these guidelines further align our NEOs’ and our non-employeedirectors’ interests with the interests of our shareholders. The minimum equity ownership guidelines for our continuing NEOs and our non-employeedirectors are as follows:

| Title                  |     | Guideline               |
| CEO                    |     | 3x annual base salary   |
| All Other NEOs         |     | 1x annual base salary   |
| Non-Employee Directors |     | 5x annual cash retainer |

If the ownership requirement has not been met by the fifth anniversary of the date the NEO became subject to the ownership requirement multiple, then 100% of net shares acquired annually from employee equity awards must be retained until requirements are met. Shares that count towards the ownership requirement include shares owned and vested and unvested RSUs. Non-QualifiedStock Options, whether vested or unvested, and unvested PSUs do not count towards the ownership requirement. All NEOs currently meet the stock ownership requirements. Clawback Policy.The Company has adopted the Northwest Bancshares, Inc. Clawback Policy (the “Clawback Policy”), which adheres to the listing standards of Nasdaq and with Rule 10D-1under the Exchange Act. This Clawback Policy requires recoupment of certain cash and equity incentive compensation paid to or deferred by certain executives in the event the Company is required to prepare an accounting restatement due to material noncompliance with any financial reporting requirement under the federal securities laws. Under the Clawback Policy, recoupment is required if the Board determines that incentive-based compensation received by an executive exceeds the amount of incentive-based compensation that otherwise would have been received, had it been calculated based on the restated amounts. The Clawback Policy is disclosed as an exhibit to the Company’s Annual Report on Form 10-Kfor the year ended December 31, 2024. 22

Insider Trading Policy.The Company maintains insider trading policies and procedures governing the purchase, sale, and/or other dispositions of the Company’s securities by directors, officers, and employees that the Company believes are reasonably designed to promote compliance with insider trading laws, rules, and regulations