Company: CCNE
Filing Date: 2025-02-20
Form Type: S-4
Source: 0001193125-25-030821
Chunk: 390

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-02-20
Form: S-4
Chunk 390
---
4

www.pnc.com

Products and services are offered through PNC Capital Markets LLC, a registered broker dealer, member FINRA and SIPC a subsidiary of PNC Bank, N.A.: Not FDIC Insured. No Bank or Federal Government Guarantee. May Lose Value.

<div align='center'>C-4</div>

Based on the foregoing, our experience, and other factors we deemed relevant, it is our opinion that, as of the date hereof, that the Exchange Ratio provided for in the Merger Agreement in connection with the Merger is fair to the holders of ESSA Common Stock from a financial point of view.

| Respectfully submitted, |
| /s/ PNC FIG Advisory    |
| PNC FIG Advisory        |

PNC Capital Markets LLC Member of The PNC Financial Services Group The Tower at PNC Plaza 300 Fifth Avenue Pittsburgh Pennsylvania 15222-2724 www.pnc.com Products and services are offered through PNC Capital Markets LLC, a registered broker dealer, member FINRA and SIPC a subsidiary of PNC Bank, N.A.: Not FDIC Insured. No Bank or Federal Government Guarantee. May Lose Value. C-5

<div align='center'>**ANNEX D

CNB FINANCIAL CORPORATION 2025 OMNIBUS INCENTIVE PLAN**</div>

### CNB FINANCIAL CORPORATION

#### 2025 OMNIBUS INCENTIVE PLAN
TABLE OF CONTENTS

|     |     |                                                                       |     |                                                                             |     |                              |     | Page |      |
| 1.  |     |                                                               PURPOSE |     |                                                                             |     |                              |     |      | D-1  |
| 2.  |     |                                                           DEFINITIONS |     |                                                                             |     |                              |     |      | D-1  |
| 3.  |     |                                            ADMINISTRATION OF THE PLAN |     |                                                                             |     |                              |     |      | D-6  |
|     |     |                                                                   3.1 |     | Committee                                                                   |     |                              |     |      | D-6  |
|     |     |                                                                       |     | 3.1.1                                                                       |     | Powers and Authorities       |     |      | D-6  |
|     |     |                                                                       |     | 3.1.2                                                                       |     | Composition of the Committee |     |      | D-7  |
|     |     |                                                                       |