CNB Financial Corporation Announces that ISS Recommends Shareholders Support the Proposal to Issue Common Stock in connection with the Merger with ESSA Bancorp, Inc., the Proposal to Approve the 2025 Omnibus Incentive Plan and the Say-on-Pay Proposal

Core Viewpoint - CNB Financial Corporation has received a recommendation from Institutional Shareholder Services Inc (ISS) for shareholders to vote "FOR" the proposals related to the merger with ESSA Bancorp, the approval of the 2025 Omnibus Incentive Plan, and the advisory resolution on executive compensation [1] Group 1: Merger and Proposals - The proposals include issuing shares of CNB common stock in connection with the merger of ESSA Bancorp into CNB [1] - The Annual Meeting for shareholders is scheduled for April 15, 2025, at 2:00 p.m. Eastern Time [2] - Shareholders of record as of February 18, 2025, can attend the meeting and vote via live webcast [2] Group 2: Shareholder Engagement - CNB encourages shareholders to read the joint proxy statement/prospectus and submit their voting instructions promptly [3] - Assistance for voting can be obtained from CNB's proxy solicitor, Alliance Advisors [3] Group 3: Company Overview - CNB Financial Corporation is a financial holding company with consolidated assets of approximately $6.2 billion [4] - The company operates primarily through its subsidiary, CNB Bank, which offers a full range of banking services [4] - CNB Bank has multiple divisions and operates 56 full-service offices across Pennsylvania, Ohio, New York, and Virginia [4]