Company: NWBI
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001193125-25-049104
Chunk: 24

Company: Northwest Bancshares, Inc.
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 24
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     | developing and recommending to the Board of Directors other specific criteria for the selection of individuals to be considered for election or re-election to the Board of Directors; |

| • |     | to annually receive and approve an applicable Code of Ethics and Code of Ethics for Senior Financial Officers and to develop and recommend corporate governance guidelines on an annual basis, or more frequently if appropriate; |

| • |     | to review the Board of Directors’ committee structure and recommend to the Board for approval of directors to serve as members on each committee and to make recommendations to the Board regarding size and compensation of the Board and other governance items related thereto; |

| • |     | adopting procedures for the submission of recommendations by shareholders for nominees for the Board of Directors; and |

| • |     | conducting an annual performance evaluation of the Committee and annually reviewing the adequacy of its charter and recommending any proposed changes to the Board of Directors. |

The Committee identifies nominees by first evaluating the current members of the Board of Directors willing to continue in service. Current members of the Board with skills and experience that are relevant to our business and who are willing to continue in service are first considered for re-nomination,balancing the value of continuity of service by existing members of the Board with that 11

of obtaining a new perspective. In addition, the Committee is authorized by its charter to engage a third party to assist in the identification of director nominees, if it chooses to do so. The Nominating and Corporate Governance Committee would seek to identify a candidate who, at a minimum, satisfies the following criteria:

| • |     | the highest personal and professional ethics and integrity and whose values are compatible with our values; |

| • |     | experience and achievements that have given them the ability to exercise and develop good business judgment; |

| • |     | a willingness to devote the necessary time to the work of the Board and its committees, which includes being available for Board and committee meetings; |

| • |     | a familiarity with the communities in which we operate and/or is actively engaged in community activities; |

| • |     | involvement in other activities or interests that do not create a conflict with their responsibilities to the Company and its shareholders; and |

| • |     | the capacity and desire to represent the balanced, best interests of our shareholders as a group, and not primarily a special interest group or constituency. |

The Board seeks independent directors who represent a mix of backgrounds and experiences that will enhance the quality of the Board’s deliberations and decisions