Company: CCNE
Filing Date: 2025-02-20
Form Type: S-4
Source: 0001193125-25-030821
Chunk: 28

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-02-20
Form: S-4
Chunk 28
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 stock beneficially owned by such person in favor of the CNB share issuance proposal. The Special Meeting of Shareholders of ESSA Date, Time and Place of the Special Meeting(Page 105) ESSA will hold its special meeting of shareholders virtually at on , 2025, at , Eastern time. Purpose of the ESSA Special Meeting(Page 105) At the ESSA special meeting, you will be asked to vote on the following:

| 1. | the ESSA merger proposal; |

| 2. | the ESSA compensation proposal; and |

| 3. | the ESSA adjournment proposal, if necessary. |

**Recommendation of ESSA Board of Directors(Page 105) The ESSA Board of Directors unanimously recommends that you vote “ FOR” the ESSA merger proposal, “ FOR” the ESSA compensation proposal and “ FOR” the ESSA adjournment proposal. Record Date; Outstanding Shares; Shares Entitled to Vote(Page 105) Only holders of record of ESSA common stock at the close of business on the record date of , 2025 are entitled to notice of and to vote at the special meeting. As of the record date, there were shares of ESSA common stock outstanding, held of record by approximately shareholders. Quorum; Vote Required(Page 105) A quorum of ESSA shareholders is necessary to hold a valid meeting. If the holders of at least a majority of the total number of shares of ESSA common stock entitled to vote are present at the virtual special meeting or represented by proxy at the special meeting, a quorum will exist. Abstentions will be counted for purposes of determining whether a quorum is present. Assuming a quorum is present at the ESSA special meeting, approval of each of the ESSA merger proposal, the ESSA compensation proposal and the ESSA adjournment proposal requires the affirmative vote of a majority of the votes cast on such proposal.

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Abstentions and broker non-votes will have no effect on any of the proposals.

Share Ownership of Management; Voting Agreements(Page 106)

As of the record date, the directors and executive officers of ESSA collectively held shares of ESSA common stock, which represented approximately % of the outstanding shares of ESSA common stock.

Each of the directors and executive officers of ESSA have entered into a voting agreement with CNB, requiring each of them to