Company: CCNE
Filing Date: 2025-02-20
Form Type: S-4
Source: 0001193125-25-030821
Chunk: 258

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-02-20
Form: S-4
Chunk 258
---
2.49 |     | $           | 2.49 |

| For the Twelve Months ended December 31, 2023     |     |            |        |   |     |           |      |     |             |      |
|:--------------------------------------------------|:----|:-----------|-------:|:--|:----|:----------|-----:|:----|:------------|-----:|
|                                                   |     | Net Income |        |   |     | Basic EPS |      |     | Diluted EPS |      |
| Pro Forma Combined*                               |     | $          | 58,652 |   |     | $         | 1.99 |     | $           | 1.99 |
| Anticipated Cost Savings                          |     |            | 13,777 |   |     |           |      |     |             |      |
| Tax Effect                                        |     |            | (2,893 | ) |     |           |      |     |             |      |
| Pro Forma Combined after management’s adjustments |     | $          | 69,536 |   |     | $         | 2.36 |     | $           | 2.36 |

| * | As shown in pro forma income statement for respective period. |

199

<div align='center'>**ANNEX A

AGREEMENT AND PLAN OF MERGER**</div>

### AGREEMENT AND PLAN OF MERGER

#### DATED AS OF JANUARY 9, 2025

### BY AND AMONG

### CNB FINANCIAL CORPORATION,

#### CNB BANK,

#### ESSA BANCORP, INC.

#### AND

### ESSA BANK & TRUST
TABLE OF CONTENTS

|                                                                  |     |                                                                                                                               |     | Page |      |
| ARTICLE I THE MERGER                                             |     |                                                                                                                               |     |      | A-2  |
| Section 1.01                                                     |     | Terms of the Merger                                                                                                           |     |      | A-2  |
| Section 1.02                                                     |     | Tax Consequences                                                                                                              |     |      | A-2  |
| Section 1.03                                                     |     | Name of the Surviving Corporation and the Surviving Bank                                                                      |     |      | A-2  |
| Section 1.04                                                     |     | Articles of Incorporation and Bylaws of the Surviving Corporation; Articles of Incorporation and Bylaws