NWBI grants 125,298 RSUs to CEO Torchio after plan limit increase

Northwest Bancshares, Inc.

Compensation Committee approved 125,298 RSUs to CEO Lou Torchio on July 22, 2026, effective July 31, 2026.
New Award replaces portion of $2M Original Award (Dec 2024) rescinded for exceeding prior plan limit.
Award vests on fourth anniversary of grant date, settled in two installments; accelerated vesting upon death, disability, or certain terminations.
Shareholders approved 2026 Equity Incentive Plan on May 20, 2026, raising individual grant limit to $5M from $1M.
New Award includes shares that would have been granted in March 2025 and March 2026 under higher limit.

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