CNB Financial Corporation (CCNE) investor relations material

Company overview and business model

• Financial holding company incorporated in Pennsylvania, operating since 1983, with a primary subsidiary, CNB Bank, offering full-service banking to individuals, businesses, and institutions across Pennsylvania, Ohio, New York, and Virginia.

• CNB Bank operates multiple divisions under different brands in various counties and states, providing a broad range of financial services including deposits, loans, private banking, and wealth management.

• Additional subsidiaries include securities, insurance, risk management, and consumer finance businesses, expanding the corporation's financial services footprint.

Financial performance and metrics

• Consolidated financial statements for 2025 and 2024, and internal control effectiveness as of December 31, 2025, audited by Forvis Mazars, LLP, with ESSA Bancorp, Inc. excluded from internal control audit scope due to recent acquisition.

Use of proceeds and capital allocation

• Net proceeds from securities sales are expected to be used for general corporate purposes, including business expansion, regulatory capital for subsidiary growth, acquisitions, debt refinancing or repayment, and investments at the holding company level.

• Pending application, proceeds may be temporarily invested in short-term obligations.