F.N.B. Corporation adopts new Deferred Compensation Plan for executives and directors

FNB CORP/PA/

Plan allows deferral of cash and stock compensation for officers, directors, and highly compensated employees.
Deferred amounts are unsecured general obligations; participants rank equally with other unsecured creditors.
Participants can elect distribution upon separation from service, death, disability, or change in control.
Plan effective April 18, 2022; administered under Section 409A of the Internal Revenue Code.
Restoration matching contributions may be credited at Employer's discretion as per Adoption Agreement.

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