Company: CCNE
Filing Date: 2025-03-03
Form Type: S-4/A
Source: 0001193125-25-044149
Chunk: 168

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-03
Form: S-4/A
Chunk 168
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 headquartered in Maryland, New Jersey, New York and Pennsylvania, with total assets between $1.0 billion and $5.0 billion at announcement, but excluded transactions with non-discloseddeal values, merger-of-equaltransactions, as defined by S&P Capital IQ Pro, or private investor, private equity or credit union buyers, (the “Regional Precedent Transactions”). The nationwide group consisted of bank merger and acquisition transactions nationwide announced between January 1, 2024 and January 7, 2025 with targets with total assets between $1.0 billion and $3.0 billion at announcement, but excluded transactions with non-discloseddeal values, merger-of-equaltransactions, as defined by S&P Capital IQ Pro, or private investor, private equity or credit union buyers (the “Nationwide Precedent Transactions”). 125

The Regional Precedent Transactions group was composed of the following transactions:

| Acquiror                     |     | Target                         |
| Northwest Bancshares, Inc.   |     | Penns Woods Bancorp Inc.       |
| NBT Bancorp Inc.             |     | Evans Bancorp Inc.             |
| ConnectOne Bancorp Inc.      |     | The First of Long Island Corp. |
| Peoples Financial Services   |     | FNCB Bancorp Inc.              |
| First Bank                   |     | Malvern Bancorp Inc            |
| First Commonwealth Financial |     | Centric Financial Corp.        |
| Brookline Bancorp Inc.       |     | PCSB Financial Corp.           |
| Farmers National Banc Corp.  |     | Emclaire Financial Corp        |
| Fulton Financial Corp.       |     | Prudential Bancorp Inc.        |
| F.N.B. Corp.                 |     | Howard Bancorp Inc.            |
| Lakeland Bancorp             |     | 1st Constitution Bancorp       |
| Mid Penn Bancorp Inc.        |     | Riverview Financial Corp.      |
| Valley National Bancorp      |     | Westchester Bank Holding Corp. |

The Nationwide Precedent Transactions group was composed of the following transactions:

| Acquiror                     |     | Target                    |
| Northwest Bancshares, Inc.   |     | Penns Woods Bancorp Inc.  |
| EverBank Financial Corp      |     | Sterling Bank & Trust FSB |
| Camden National Corp.        |     | Northway Financial Inc.   |
| NBT Bancorp Inc.             |     | Evans Bancorp Inc