Company: NWBI
Filing Date: 2025-02-20
Form Type: S-4/A
Source: 0001193125-25-030716
Chunk: 10

Company: Northwest Bancshares, Inc.
Filing Date: 2025-02-20
Form: S-4/A
Chunk 10
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 MERGER TO YOU IN YOUR PARTICULAR CIRCUMSTANCES.

| Q: | When and where will the Penns Woods Special Meeting of shareholders take place? |

Even if you plan to attend the special meeting, Penns Woods recommends that you vote your shares in advance so that your vote will be counted if you later decide not to or become unable to attend the special meeting.

| Q: | What matters will be considered at the special meeting? |

| A: | The shareholders of Penns Woods will be asked to (1) vote to adopt and approve the Merger Agreement and                                                                                             
 the transactions contemplated thereby, (2) vote to approve the advisory (non-binding) proposal on specified compensation, and (3) vote to approve the adjournment of the special meeting to solicit 
 additional proxies if there are not sufficient votes at the time of the special meeting to adopt and approve the Merger Agreement.                                                                  |

| Q: | What vote is needed to adopt and approve the Merger Agreement and to approve the other matters at the Penns 
 Woods Special Meeting?                                                                                      |

| A: | The adoption and approval of the Merger proposal requires the affirmative vote of a majority of the votes cast, 
 virtually or represented by proxy, at the Penns Woods Special Meeting.                                          |

The other two proposals on the agenda for the Penns Woods Special Meeting will be decided by a majority of the votes cast, virtually or represented by proxy, at the Penns Woods Special Meeting. The advisory proposal on specified compensation will be approved if more of the shares of Penns Woods common stock are voted in favor of the proposal than against it. The adjournment of the Penns Woods Special Meeting, if necessary to solicit additional proxies in the event there are not sufficient votes at the time of the Penns Woods Special Meeting, will be approved if more shares of Penns Woods common stock are voted in favor of adjournment than against it. If a quorum is not present at the Penns Woods Special Meeting, Penns Woods’ Bylaws (“Penns Woods’ Bylaws”) permit that those present may, except as otherwise provided by law, adjourn the Penns Woods Special Meeting to another date, time and place as they determine.

| Q: | What will happen if Penns Woods shareholders do not approve the Penns Woods advisory (non-binding) proposal on specified compensation? |

| A: | The SEC, in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010                                                                                                                                                    
 (“