Company: NWBI
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001193125-25-049104
Chunk: 22

Company: Northwest Bancshares, Inc.
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 22
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| • |     | overseeing our external financial reporting processes; |

| • |     | approving all engagements for audit and non-audit services by the independent registered public accounting firm; |

| • |     | reviewing the audited financial statements with management and the independent registered public accounting firm; |

| • |     | considering whether certain relationships with the independent registered public accounting firm and services not related to the annual audit and quarterly reviews are consistent with maintaining the independent registered public accounting firm’s independence; |

| • |     | overseeing the activities of the internal audit staff and reviewing management’s administration of the system of internal accounting controls; |

| • |     | engaging and overseeing any outsourcing or co-sourcing arrangements pertaining to the Internal Audit function and determining that the providers have adequate expertise to fulfill those duties; and |

| • |     | conducting an annual performance evaluation of the Committee and annually reviewing the adequacy of its charter. |

Compensation Committee.Each member of the Compensation Committee is “independent” as defined in the Nasdaq corporate governance listing standards and under Securities and Exchange Commission Rule 10C-1.The Compensation Committee meets at least quarterly, or more frequently if necessary. Our Board of Directors has approved a written charter for the Compensation Committee, which is available on our website at www.northwest.com. The purpose of the Compensation Committee is to, among other things, evaluate:

| • |     | the compensation of the executive officers, other senior officers and employees, including oversight of base salary, cash incentive compensation, equity-based awards and other benefits and perquisites; and |

| • |     | the performance of the CEO on an annual basis and approve the base salary, cash incentive bonus, equity-based incentive awards and other compensation of the CEO. |

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In furtherance of these objectives, the Compensation Committee is responsible, among others, for:

| • |     | approving the corporate compensation philosophy, including overseeing and monitoring the executive compensation policies, plans and programs for such officers to ensure that they are consistent with the compensation philosophy and the long-term interests of our shareholders; |

| • |     | reviewing and approving the Company’s annual equity grants and providing a review to the full Board; |

| • |     | annually reviewing the CEO’s evaluation of the performance of the Company’s executive officers and approving (and if desired, recommending that the Board approve) the other executive officers’ base salaries, cash incentive bonuses, equity-based incentive awards, and other compensation; |

| • |     | evaluating, reviewing and