Company: NWBI
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001193125-25-049104
Chunk: 42

Company: Northwest Bancshares, Inc.
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 42
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 award opportunities for 2024 were as follows:

| Name                   |     | Base salary |         |     | Long term incentive target award opportunity 
 Percent                                      |    |   |     | Value |         |
|:-----------------------|:----|:------------|--------:|:----|:---------------------------------------------|---:|:--|:----|:------|--------:|
| Louis J. Torchio       |     | $           | 849,000 |     |                                              | 90 | % |     | $     | 764,100 |
| Douglas M. Schosser    |     |             | 600,000 |     |                                              | 65 | % |     |       | 390,000 |
| William W. Harvey, Jr. |     |             | 721,000 |     |                                              |  — | % |     |       |       — |
| Gregory J. Betchkal    |     |             | 572,680 |     |                                              | 60 | % |     |       | 343,608 |
| Jacques M. DesMarteau  |     |             | 463,500 |     |                                              | 60 | % |     |       | 278,100 |
| Scott J. Watson        |     |             | 393,975 |     |                                              | 35 | % |     |       | 137,891 |

Mr. Golding, our former Chief Consumer Banking Officer, also received a grant of RSUs and PSUs consistent with our standard equity grant practices. The target value of Mr. Golding’s long-term incentive awards was $177,289, or 45%, of his then current base salary. All of Mr. Golding’s outstanding awards of RSUs and PSUs were forfeited as of June 17, 2024 upon his termination of employment. Fiscal 2024 Annual Long-Term Incentive Grants.For fiscal 2024, the NEOs received the following awards (excluding any one-timegrants or awards):

| Name                    |     | PSUs              
 Target # of units |        |     | Target value |         |     | RSUs       
 # of units |        |     | Value |         |
|:------------------------|:----|:------------------|-------:|:----|:-------------|--------:|:----|:-----------|-------:|:----|:------|--------:|
| Louis J. Torchio (1)