Company: CCNE
Filing Date: 2025-03-05
Form Type: 424B3
Source: 0001193125-25-047258
Chunk: 86

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-05
Form: 424B3
Chunk 86
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 by a committee (the “Committee”) consisting of two or more directors of CNB. Each such director will be required to qualify as a “non-employeedirector” within the meaning of Rule 16b-3under the Exchange Act, and for so long as CNB common stock is listed on NASDAQ, an “independent director” under the NASDAQ listing rules. The Committee initially will be the ECC and may be a subcommittee of the ECC that satisfies the foregoing requirements. The CNB Board of Directors will also be authorized to appoint one or more committees of the CNB Board of Directors consisting of one or more directors of CNB who need not satisfy the requirements for membership above for certain limited purposes permitted by the 2025 Plan, and to the extent permitted by applicable law, the Committee will be authorized to delegate authority to the President and Chief Executive Officer of CNB and/or any other officers of CNB for certain limited purposes permitted by the 2025 Plan. The CNB Board of Directors will retain the authority under the 2025 Plan to exercise any or all of the powers and authorities related to the administration and implementation of the 2025 Plan. References below to the Committee include a reference to the CNB Board of Directors or another committee appointed by the CNB Board of Directors for those periods in which the CNB Board of Directors or such other committee appointed by the CNB Board of Directors is acting. Except where the authority to act on such matters is specifically reserved to the CNB Board of Directors under the 2025 Plan or applicable law, the Committee will have full power and authority to interpret and construe all provisions of the 2025 Plan, any award, and any award agreement, and take all actions and to make all determinations required or provided for under the 2025 Plan, any award, and any award agreement, including the authority to:

| • |     | designate grantees of awards; |

| • |     | determine the type or types of awards to be made to a grantee; |

| • |     | determine the number of shares of CNB common stock subject to an award or to which an award relates; |

| • |     | accelerate the vesting or exercisability of awards; |

| • |     | establish the terms and conditions of each award; |

| • |     | prescribe the form of each award agreement; |

| • |     | subject to the prohibition on repricing of options and SARs without shareholder approval