Company: NWFL
Filing Date: 2025-10-28
Form Type: 424B3
Source: 0001193125-25-252482
Chunk: 192

Company: NORWOOD FINANCIAL CORP
Filing Date: 2025-10-28
Form: 424B3
Chunk 192
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 not be adopted unless the special meeting is adjourned to a later date or dates in order to permit further solicitation of proxies. In order to allow proxies that have been received by PB Bankshares
at the time of the special meeting to be voted for an adjournment, if necessary, PB Bankshares has submitted the proposal on adjournment to its shareholders as a separate matter for their consideration. If it is necessary to adjourn the special
meeting, no notice of the adjourned special meeting is required to be given to shareholders (unless the adjournment is for more than 30 days or if a new record date is fixed), other than an announcement at the special meeting of the hour, date
and place to which the special meeting is adjourned.

THE BOARD OF DIRECTORS OF PB BANKSHARES UNANIMOUSLY RECOMMENDS THAT PB BANKSHARES SHAREHOLDERS VOTE “FOR” THE ADJOURNMENT PROPOSAL

EXPERTS

Norwood

The consolidated financial
statements of Norwood appearing in Norwood’s Annual Report (Form 10-K) for the year ended December 31, 2024 have been audited by S.R. Snodgrass, P.C., independent registered public accounting
firm, as set forth in their reports thereon, included therein, and incorporated herein by reference. Such consolidated financial statements are incorporated herein by reference in reliance upon such reports given on the authority of such firm as
experts in accounting and auditing.

PB Bankshares

The consolidated financial statements of PB Bankshares as of December 31, 2024 and 2023 and for each of the two years in the period ended
December 31, 2024 included in this document have been so included in reliance upon the report of Yount, Hyde & Barbour, P.C., independent registered public accounting firm, included in this document, given on the authority of said firm
as experts in auditing and accounting.

LEGAL MATTERS

The validity of the Norwood common stock to be issued in connection with the merger will be opined on for Norwood by Jones Walker, LLP,
Washington, D.C. Certain U.S. federal income tax consequences relating to the merger will be opined on for Norwood by Jones Walker, LLP, Washington, D.C., and for PB Bankshares by Barley Snyder LLP.

OTHER MATTERS

As of the date of this proxy statement/prospectus, the PB Bankshares board of directors does not know