Company: NWBI
Filing Date: 2025-02-20
Form Type: S-4/A
Source: 0001193125-25-030716
Chunk: 219

Company: Northwest Bancshares, Inc.
Filing Date: 2025-02-20
Form: S-4/A
Chunk 219
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 or voting trust. The Owned Shares are not, with respect to the voting or transfer of the Owned Shares, subject to any other agreement, including any voting agreement,
shareholder agreement, irrevocable proxy or voting trust.

Section 2.3 . On the date of this Agreement,
the Owned Shares set forth on to this Agreement are owned of record or beneficially by Shareholder in the manner reflected on, include all of the shares of PWOD Common Stock owned of record or
beneficially by Shareholder, and are free and clear of any proxy or voting restriction (other than as created by this Agreement). As of the date of this Agreement, Shareholder has, and at the PWOD Meeting or any other shareholder meeting of PWOD in
connection with the Parent Merger, the Merger Agreement and the transactions contemplated by the Merger Agreement (except respecting Owned Shares that Shareholder is permitted to Transfer (as defined in
below) pursuant to this Agreement), Shareholder will have, sole voting power and sole dispositive power with respect to all of the Owned Shares. For purposes of this Agreement, the term “beneficial ownership” shall be interpreted in
accordance with Rule 13d-3 under the Securities Exchange Act of 1934, as amended.

A-64

Section 2.4 . There is no suit, action, investigation or
proceeding pending or, to the knowledge of Shareholder, threatened against or affecting Shareholder or any of its affiliates before or by any governmental authority that could reasonably be expected to impair the ability of Shareholder to perform
its obligations under this Agreement or to consummate the transactions contemplated by this Agreement on a timely basis.

Section 2.5
. Shareholder understands and acknowledges that NWBI is entering into the Merger Agreement in reliance upon Shareholder’s execution, delivery and performance of this Agreement.

ARTICLE III

COVENANTS

Section
3.1 .

(a) Shareholder agrees, that during the
term of this Agreement, Shareholder shall not, and shall not permit any investment banker, financial advisor, attorney, accountant or other representative retained by Shareholder, directly or indirectly, to (i) take any of the actions specified
in of the Merger Agreement, except as permitted by such of the Merger Agreement, or (ii) participate in, directly or indirectly, a “solicitation” of
“proxies” (as those terms are used in the rules of the SEC) or powers of attorney