Company: CCNE
Filing Date: 2025-03-05
Form Type: 424B3
Source: 0001193125-25-047258
Chunk: 105

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-05
Form: 424B3
Chunk 105
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 organization in various progressively significant roles starting as a
Universal Associate to her current role as Chief Employee Resources Officer for CNB Bank. She serves on various nonprofit boards and volunteers within the community. Ms. Koptchak holds an Associate of Science in Business Administration from
Pennsylvania State University and is a Certified Society of Human Resource Management (SHRM-CP) professional. Mrs. Koptchak also graduated from the Graduate School of Banking, Human Resources Management
School, PA Bankers, and Advanced School of Banking.

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CNB COMPENSATION DISCUSSION AND ANALYSIS This discussion and analysis is focused on CNB’s NEOs and summarizes the philosophy, strategy and details of CNB’s approach to compensating its NEOs. CNB’s NEOs for the year ending December 31, 2024, are as follows:

| • |     | Michael D. Peduzzi – President and Chief Executive Officer of CNB and CNB Bank |

| • |     | Tito L. Lima – Senior Executive Vice President, Chief Financial Officer and Treasurer of CNB and CNB Bank |

| • |     | Martin T. Griffith – Senior Executive Vice President and Chief Revenue Officer of CNB Bank |

| • |     | Angela D. Wilcoxson – Executive Vice President, Chief Commercial Banking Officer of CNB Bank |

| • |     | Gregory M. Dixon – Executive Vice President, Chief Credit Officer of CNB Bank |

Financial and Operational Highlights Despite a continued level of uncertainty and volatility in the marketplace, for the year ended December 31, 2024, CNB continued to execute on its strategies while focusing on its long-term objectives:

| • |     | Net income available to common shareholders (“earnings”) was $50.3 million, or $2.39 per diluted                                                                                                                                          
 share, for the twelve months ended December 31, 2024, compared to earnings of $53.7 million, or $2.55 per diluted share, for the twelve months ended December 31, 2023. The decrease in earnings and diluted earnings per share comparing 
 the twelve months ended December 31, 2024 to the twelve months ended December 31, 2023 was primarily due to the rise in deposit costs year over year.                                                                                     |

| • |     | On August 13, 2024, as part of its overall capital management strategy, CNB increased the dividend per                                                                     
 common share from $0.175 per quarter to $0.18