Company: NWBI
Filing Date: 2025-01-27
Form Type: S-4
Source: 0001193125-25-012768
Chunk: 136

Company: Northwest Bancshares, Inc.
Filing Date: 2025-01-27
Form: S-4
Chunk 136
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 Disclosure Schedule (it being understood that any disclosures made with respect to a subsection of this
shall be deemed to qualify (1) any other subsection of this specifically referenced or cross-referenced, and (2) any other subsections of this
to the extent it is reasonably apparent on its face (notwithstanding the absence of a specific cross reference) from a reading of the disclosure that such disclosure applies to such other subsections)) or as
required by law or regulation or by any Governmental Authority or as required by an applicable Regulatory Order, without the prior written consent of PWOD (such consent not to be unreasonably withheld, conditioned or delayed), NWBI shall not, and
shall cause its Subsidiaries not to:

(a) Ordinary Course.Conduct the business of NWBI and its Subsidiaries other
than in the ordinary and usual course or fail to use reasonable efforts to preserve intact their respective business organizations and assets and maintain their respective rights, franchises and existing relations with customers, suppliers, vendors,
employees and business associates, or voluntarily take any action which, at the time taken, is reasonably likely to have an adverse effect upon NWBI’s ability to perform any of its obligations under this Agreement or prevent or materially delay
the consummation of the transactions contemplated by this Agreement.

(b) Governing Documents.Amend the NWBI
Articles or the NWBI Bylaws in a manner that would materially and adversely affect the holders of PWOD Common Stock, or adversely affect the holders of PWOD Common Stock relative to other holders of NWBI Common Stock.

(c) Reorganization 368(a). Not take, or fail to take, any action that would reasonably be expected to prevent or impede the
Merger from qualifying as a “reorganization” within the meaning of Section 368(a) of the Code

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(d) Adverse Actions. Take any action that is intended or is reasonably
likely to result in (i) any of its representations and warranties set forth in this Agreement being or becoming materially inaccurate at any time at or prior to the Effective Time, (ii) any of the conditions to the Merger set forth in
not being satisfied, (iii) a violation of any provision of this Agreement except, in each case, as may be required by applicable law or by any Governmental Authority, or (iv) a delay in the
consummation of the transactions contemplated by this Agreement.

(e) Commitments. Agree to take, make any commitment to