Company: NWBI
Filing Date: 2025-02-24
Form Type: 424B3
Source: 0001193125-25-033488
Chunk: 111

Company: Northwest Bancshares, Inc.
Filing Date: 2025-02-24
Form: 424B3
Chunk 111
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)(A) of
the Internal Revenue Code of 1986, as amended (the “”), and that this Agreement is intended to be and is adopted as a “plan of reorganization” for purposes of Sections 354 and 361 of the Code;

WHEREAS, as an inducement for NWBI to enter into this Agreement, the directors of PWOD have entered into Support Agreements with NWBI
(the “”), each dated as of the date of this Agreement, in the form attached to this Agreement as , pursuant to which such directors have agreed, among other matters, to vote all
of the shares of PWOD Common Stock beneficially owned by such individuals in favor of the Merger upon the terms and subject to the conditions set forth in the Support Agreement; and

WHEREAS, the parties also desire to provide in this Agreement for certain undertakings, conditions, representations, warranties and
covenants in connection with the transactions contemplated by this Agreement.

NOW, THEREFORE, in consideration of the promises and
of the mutual covenants, representations, warranties and agreements contained herein, NWBI and PWOD, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, NWBI and PWOD hereby agree as follows:

ARTICLE I

Certain Definitions

1.01. Certain Definitions.The following terms are used in this Agreement with the meanings set
forth below:

“” has the meaning set forth in .

“” has the meaning set forth in .

“” has the meaning set forth in .

A-1

“” or “”has the meaning
set forth in Rule 12b-2 under the Exchange Act.

“” has the meaning
set forth in the Preamble, as amended or modified from time to time in accordance with .

“” has the meaning set forth in Rule 12b-2 under the Exchange Act.

“” has the meaning set forth in the Recitals to this Agreement.

“” means all data, information, and works of authorship in any medium collected, generated, or used in the
conduct of the business of the PWOD and its Subsidiaries, including all proprietary information of or relating to the business and all Personal Information in the possession, custody, or control of PWOD and its Subsidiaries, or otherwise held or
processed on PWOD and its Subsidiaries behalf, respectively.

“” has the meaning set forth in
.

“” has the meaning set forth in .

“