Company: CCNE
Filing Date: 2025-03-05
Form Type: 424B3
Source: 0001193125-25-047258
Chunk: 201

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-05
Form: 424B3
Chunk 201
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ed to a later date or dates to permit further solicitation of proxies. To allow proxies that have been received by ESSA at the time of the special meeting to be voted for an
adjournment, if deemed necessary, ESSA has submitted the question of adjournment to its shareholders as a separate matter for their consideration. If it is deemed necessary to adjourn the special meeting, no notice of the adjourned meeting is
required to be given to shareholders, other than an announcement at the meeting of the time and place to which the meeting is adjourned, as well as the means, if any, by which shareholders can be present and vote at the adjourned meeting through the
use of communications equipment.

Vote Required for Approval

The affirmative vote of a majority of the votes cast on the proposal is required to approve the ESSA adjournment proposal. Abstentions will have no effect on
the outcome of the ESSA adjournment proposal.

Recommendation of the ESSA Board of Directors

THE ESSA BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS A VOTE “FOR” THE ESSA ADJOURNMENT PROPOSAL.

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THE MERGER AGREEMENT

This section of the joint proxy statement/prospectus describes the material terms of the merger agreement. The following summary is qualified in its entirety by reference to the complete text of the merger agreement, which is incorporated by reference into this joint proxy statement/prospectus and attached as Annex Ato this joint proxy statement/prospectus. This summary may not contain all of the information about the merger agreement that may be important to you. You are urged to read the full text of the merger agreement. The merger agreement contains customary representations and warranties of CNB and ESSA made to each other as of specific dates. The assertions embodied in those representations and warranties were made solely for purposes of the agreement between CNB and ESSA and are not intended to provide factual, business or financial information about CNB and ESSA. Moreover, some of those representations and warranties may not be accurate or complete as of any specified date, may be subject to a contractual standard of materiality different from those generally applicable to shareholders or different from what a shareholder might view as material, may have been used for purposes of allocating risk between CNB and ESSA rather than establishing matters as facts, may have been qualified by certain disclosures not reflected in the merger agreement that were made to the other