Company: NWBI
Filing Date: 2025-02-20
Form Type: S-4/A
Source: 0001193125-25-030716
Chunk: 108

Company: Northwest Bancshares, Inc.
Filing Date: 2025-02-20
Form: S-4/A
Chunk 108
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               |  8.16 | % |

| 1 | The information contained in this column is based upon information furnished to Penns Woods by the named                                                                                             
 individuals and the shareholder records of Penns Woods. Except where otherwise indicated, this column represents the number of shares beneficially owned, which includes shares as to which a person |

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| has sole or shared voting and/or investment power. As of February 10, 2025, there were 7,612,878 shares of Penns Woods common stock issued and outstanding. |

| 2 | Includes options to purchase 27,500 shares. |

| 3 | Includes 4,864 shares held individually and 30,257 shares held jointly with his spouse. |

| 4 | Includes 41,430 shares held individually, 800 shares held by his spouse and options to purchase 97,500 shares. |

| 5 | Includes 6,228 shares held individually and 6,250 shares held jointly with his spouse. |

| 6 | Includes options to purchase 26,000 shares. |

| 7 | Includes 6,678 shares held individually and 2,612 shares held jointly with his spouse. |

| 8 | Includes 11,738 shares held individually, 10,869 shares held jointly with his spouse and options to purchase 
 140,600 shares.                                                                                              |

| 9 | Includes 16,304 shares held individually and 1,000 shares held by his spouse. |

| 10 | Includes 25,694 shares held individually, 18,217 shares held jointly with his spouse, 2,977 shares held by his 
 spouse, and 3,665 shares held by Nestlerode Contracting Co., Inc.                                              |

| 11 | Includes vested options to purchase 291,640 shares. |

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EXPERTS

Northwest

The consolidated financial
statements of Northwest Bancshares, Inc. as of December 31, 2023 and 2022, and for each of the years in the three-year period ended December 31, 2023, and management’s assessment of the effectiveness of internal control over financial
reporting as of December 31, 2023 have been incorporated by reference herein in reliance upon the reports of KPMG LLP, independent registered public accounting firm, incorporated by reference herein, and upon the authority of said firm as
experts in accounting and auditing.

Penns Woods

The consolidated financial statements of Penn