Company: NWBI
Filing Date: 2025-01-27
Form Type: S-4
Source: 0001193125-25-012768
Chunk: 120

Company: Northwest Bancshares, Inc.
Filing Date: 2025-01-27
Form: S-4
Chunk 120
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 Subsidiaries.

“” means the United States Department of Treasury.

“” means PWOD Stock held by PWOD or any of its Subsidiaries other than in a fiduciary capacity or as a result
of debts previously contracted in good faith.

“” has the meaning set forth in
.

ARTICLE II

The Merger

2.01 The Parent Merger.

(a) The Parent Merger. Upon the terms and subject to the conditions of this Agreement, at the
Effective Time, PWOD shall merge with and into NWBI (the “”), NWBI shall survive the Parent Merger and continue to exist as a Maryland corporation (NWBI, as the surviving corporation in the Parent Merger, is sometimes
referred to herein as the “”), and the separate corporate existence of PWOD shall cease. At the Effective Time:

(i) The NWBI Articles, as in effect immediately prior to the Effective Time, shall be the articles of incorporation of the
Surviving Corporation until amended in accordance with the MGCL;

(ii) The NWBI Bylaws, as in effect immediately prior to
the Effective Time, shall be the regulations of the Surviving Corporation until amended in accordance with the MGCL;

(iii)
Subject to , each individual serving as a director of NWBI immediately prior to the Effective Time shall remain a director of the Surviving Corporation for the balance of the term for which such individual was
elected and shall serve as such until his or her successor is duly elected and qualified in the manner provided for in the NWBI Articles and the NWBI Bylaws or as otherwise provided by the MGCL or until his or her earlier death, resignation or
removal in the manner provided in the NWBI Articles or the NWBI Bylaws or as otherwise provided by the MGCL; and

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(iv) At and after the Effective Time, each share of NWBI Common Stock issued
and outstanding immediately prior to the Effective Time shall remain issued and outstanding and shall not be affected by the Parent Merger.

(b) Option to Change Method of Merger. NWBI shall be empowered, at any time prior to the Effective Time, to change the method or
structure of effecting the Parent Merger and/or the Subsidiary Bank Merger (including the provisions of Article II), if and to the extent NWBI deems such change to be necessary, appropriate or desirable; that no such change
shall (i) alter or change the Exchange Ratio or the number