If you would like to

invest in CCNE...

STOCK TRANSFER AGENT & REGISTRAR

Equiniti Trust Company, LLC 6201 15th Avenue Brooklyn, NY 11219

(800) 937-5449

MARKET MAKERS

The following firms have chosen to make a market in the stock of the Corporation. Inquiries concerning their services should be directed to:

Janney Montgomery Scott LLC 1717 Arch Street Philadelphia, PA 19103

(800) 526-6397

Keefe, Bruyette & Woods, Inc.

787 Seventh Avenue, 4th Floor New York, NY 10019

(212) 887-7777

How to enroll for dividend reinvestment

As a shareholder of CNB Financial Corporation, you can purchase additional shares of CNB Financial's common stock through the Dividend Reinvestment & Direct Stock Purchase and Sale Plan which is sponsored and administered by Equiniti Trust Company LLC (EQ).

An authorization form can be obtained from an EQ shareholder services representative, who can be reached at 800-937-5449 (domestic shareholders) or 718-921-8124 (outside US) between the hours of 8 a.m. and 8 p.m. Eastern Time, Monday through Friday. Access information on EQ's website at https:// equiniti.com/us/ast-access or email inquiries to helpAST@equiniti.com. The physical address is located above.

Scan the QR code to visit our Investor Relations website.

FDICEach depositor insured to at least $250,000

Backed by

the full faith and credit of the United States government

Federal Deposit Insurance Corporation •www.fdic.gov

The common and preferred stock of the

Corporation trade on the NASDAQ Global

Select Market under the symbols CCNE and

CCNEP, respectively.

What's new:

2023 Q2 Report

• Impressia Bank launched in Erie, PA and

Cleveland, OH. Impressia Bank is dedicated to

the professional and financial development

and advancement of women business owners

and women leaders.

• New "At Ease" Account Package, a customized

suite of products and solutions designed

specifically for veterans and active members

of the armed forces and their families, now

available.

• FCBank's newest SMART Center opened in

Westerville, OH.

• CNB Bank celebrated the opening of it's Private

Client Solutions Office in State College, PA.

• Ridge View Bank opened two new SMART

Centers in Salem and Smith Mountain Lake, VA.

A Message to Our Shareholders

The results through June 30, 2023 reflect the continued success of several of our critical strategies, including deepening our loan and deposit relationships with well-established commercial and wealth management customers, and expanding our core deposit base. Like all banks, we experienced a significant rise in deposit costs in response to the numerous Fed rate increases over the past year. Still, we successfully achieved deposit growth and reduced higher-cost wholesale borrowings from the FHLB.

Our capital and liquidity resources remain strong, and we have maintained our disciplined credit origination and management activities, including close monitoring of commercial real estate and commercial and industrial relationships. Our asset quality remains sound and is supported by our adherence to concentration limits established and maintained, and stress testing risk management activities.

We believe that our strategic initiatives and expanded market presence will continue to expand our deposit base, as well as add to our fee-based relationships, including those in targeted growth markets. Our business will be further complemented by expanding noninterest income from wealth management, treasury management, and merchant services activities through both new and deeper, existing fee-based services for our commercial and private banking customers.

Balance Sheet

Income Statement

Key Performance Data

Uninsured Deposits & Liquidity

Book Value Per Common Share

Diluted Earnings Per Common Share

Three Months Ended

Diluted Earnings Per Common Share

Six Months Ended

Regulatory Capital Position

June 30, 2023

MICHAEL D. PEDUZZI, PRESIDENT & CEO

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Disclaimer

CNB Financial Corporation published this content on 08 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 September 2023 04:27:01 UTC.