Company: CCNE
Filing Date: 2025-01-10
Form Type: 425
Source: 0001193125-25-004105
Chunk: 111

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-01-10
Form: 425
Chunk 111
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 public disclosure of the execution of this Agreement, public disclosure or consummation of the transactions contemplated hereby
(including any effect on a party’s relationships with its customers or employees) or actions expressly required by this Agreement or actions or omissions that are taken with the prior written consent of the other party in contemplation of the
transactions contemplated hereby, (F) a decline in the trading price of a party’s common stock or the failure, in and of itself, to meet earnings projections or internal financial forecasts (it being understood that the underlying cause of
such decline or failure may be taken into account in determining whether a Material Adverse Effect has occurred), (G) actions and omissions of either party taken with the prior written consent, or at the request, of the other, or (H) the
expenses incurred by either party in investigating, negotiating, documenting, effecting and consummating the transactions contemplated by this Agreement; except, with respect to subclauses (A), (B), or (C), to the extent that the effects of such
change are materially disproportionately adverse to the business, properties, assets, liabilities, results of operations or financial condition of such party and its Subsidiaries, taken as a whole, as compared to other companies in the financial
services industry.

“” means The NASDAQ Stock Market LLC.

“” means the Pennsylvania Department of Banking and Securities.

“” means any outbreaks, epidemics or pandemics relating to any virus, including influenza, SARS-CoV-2 or Covid-19, or any variants, evolutions or mutations thereof, and the governmental and other responses thereto.

“” means any quarantine, “shelter in place,” “stay at home,” workforce reduction, social
distancing, shutdown, closure, sequester or other laws, directives, policies, guidelines or recommendations promulgated by any Governmental Authority, including the Centers for Disease Control and Prevention and the World Health Organization, in
each case, in connection with or in response to a Pandemic.

“” means the product of (a) the
Exchange Ratio and (b) the CNB Measurement Price.

“” means any individual, bank, corporation, partnership,
association, joint-stock company, business trust, limited liability company, unincorporated organization or other organization or firm of any kind or nature.

57

“” means, with respect to any Person, warrants, options, rights,
convertible securities and other arrangements or commitments which obligate the Person to