Company: NWFL
Filing Date: 2025-10-08
Form Type: S-4/A
Source: 0001193125-25-234244
Chunk: 6

Company: NORWOOD FINANCIAL CORP
Filing Date: 2025-10-08
Form: S-4/A
Chunk 6
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 before voting. We have fixed October 6, 2025 as the record date for determining those PB Bankshares shareholders entitled to vote at the special meeting. Accordingly, only shareholders of record at the close of business on that date are entitled to notice of and to vote at the special meeting or any adjournment or postponement of the special meeting. Your board of directors has unanimously determined that the proposed merger is advisable and in the best interests of PB Bankshares and unanimously recommends that you vote “FOR” the proposal to adopt and approve the merger agreement. Your board of directors also recommends that you vote “FOR” the adjournment proposal. In accordance with the terms of the merger agreement, each director and executive officer of PB Bankshares has agreed to vote all shares of PB Bankshares common stock solely owned by him or her in favor of approval of the merger agreement and the transactions contemplated by the merger agreement. Your vote is very important, regardless of the number of shares of PB Bankshares common stock that you own. We cannot complete the merger unless we receive the affirmative vote of the holders of a majority of the outstanding shares of PB Bankshares entitled to vote on the merger proposal. Even if you plan to attend the special meeting, PB Bankshares requests that you complete, sign, date and return, as promptly as possible, the enclosed proxy card in the accompanying prepaid reply envelope or vote through the internet or by mobile device as directed on your proxy card prior to the special meeting to ensure that your shares of PB Bankshares common stock will be represented at the special meeting. If you hold your shares in “street name” through a bank, brokerage firm or other nominee, you should follow the procedures provided by your bank, brokerage firm or other nominee to vote your shares. If you fail to submit a proxy or to attend the special meeting and vote in person or do not provide your bank, brokerage firm or other nominee with instructions as to how to vote your shares, your shares of PB Bankshares common stock will not be counted and will have the effect of a vote against the proposal to approve the merger agreement.

|                           |     | BY ORDER OF THE BOARD OF DIRECTORS |
|                           |     | Mackenzie Jackson                  |
|                           |     | Corporate Secretary                |
| Coatesville, Pennsylvania |     |                                    |
| November  , 2025          |     |                                    |

TABLE OF CONTENTS

| QUESTIONS AND ANSWERS                                                     |     |   1 |
| SUMMARY                                                                   |     |   7