Company: CCNE
Filing Date: 2025-03-05
Form Type: 424B3
Source: 0001193125-25-047258
Chunk: 59

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-05
Form: 424B3
Chunk 59
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 each share of CNB common stock owned as of the record date. A list of shareholders entitled to vote at the annual meeting will be available for review at the annual meeting upon request by any CNB shareholder entitled to vote at the annual meeting. 34

Quorum; Vote Required

A quorum of CNB shareholders is necessary to hold a valid meeting. If the holders of at least a majority of the total number of shares of CNB common stock
entitled to vote are present at the virtual annual meeting or represented by proxy at the annual meeting, a quorum will exist. Abstentions and broker non-votes will be counted for purposes of determining
whether a quorum is present. If there is no quorum, the holders of a majority of shares present at the virtual annual meeting or represented by proxy may adjourn the annual meeting to another date.

Assuming a quorum is present at the CNB annual meeting, the election of the three CNB director nominees and the approval of each of the CNB share issuance
proposal, the CNB incentive plan proposal, the CNB say-on-pay proposal, the CNB auditor ratification proposal and the CNB adjournment proposal require the affirmative
vote of a majority of the votes cast on such proposal.

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

Share Ownership of Management; Voting Agreements

As of the record date, the directors and executive officers of CNB and their affiliates collectively owned 488,151 shares of CNB common stock, which
represented approximately 2.33% of the outstanding shares of CNB common stock. Each of the directors and executive officers of CNB, solely in their capacity as a shareholder of CNB, has entered into a voting agreement with ESSA requiring each of
them to vote all shares of CNB common stock beneficially owned by such person in favor of the CNB share issuance proposal. As of the record date, these directors and executive officers of CNB held 484,812 shares of CNB common stock, which
represented approximately 2.31% of the outstanding shares of CNB common stock.

When considering the CNB Board of Directors’ recommendation that you
vote in favor of the CNB share issuance proposal, you should be aware that the directors and executive officers of CNB have interests in the merger that may be different from, or in addition to, the interests of shareholders of CNB. See the section