UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 14A INFORMATION

Proxy Statement Pursuant to Section 14(a) of the Securities

Exchange Act of 1934 (Amendment No. )

Filed by the Registrant ☒

Filed by a Party other than the Registrant ☐

Check the appropriate box:

☐ Preliminary Proxy Statement

☐ CONFIDENTIAL, FOR USE OF THE COMMISSION ONLY (AS PERMITTED BY RULE 14A-6(E) (2))

☒ Definitive Proxy Statement

☐ Definitive Additional Materials

☐ Soliciting Material Pursuant to § 240.14a-12

CITIZENS & NORTHERN CORPORATION

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check the appropriate box):

☒ No fee required

☐ Fee paid previously with preliminary materials.

☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11

90-92 Main Street

Wellsboro, Pennsylvania 16901

NOTICE OF ANNUAL MEETING OF SHAREHOLDERS

TO BE HELD THURSDAY, APRIL 23, 2026

TO OUR SHAREHOLDERS:

Notice is hereby given that the Annual Meeting of Shareholders of Citizens & Northern Corporation (the “Corporation”) will be held in a virtual meeting format only with no physical location on Thursday, April 23, 2026, at 2:00 P.M., local time, for the following purposes:

| 1. | To elect one (1) Class II director to serve a term of two (2) years and to elect three (3) Class III directors to serve for a term of three (3) years;

| 2. | To consider and approve the following advisory (non-binding) resolution:

“Resolved, that the shareholders approve the compensation paid to the Named Executive Officers of the Corporation pursuant to the policies and procedures employed by the Corporation, as described in the Compensation Discussion and Analysis and tabular disclosure regarding Named Executive Officer compensation (together with the accompanying narrative disclosure) in this Proxy Statement”;

| 3. | To ratify the appointment of Crowe LLP as the Corporation’s independent registered public accounting firm for the year ending December 31, 2026; and

| 4. | To transact such other business as may properly be brought before the meeting or any adjournments or postponements thereof.

The Board of Directors recommends that you vote “FOR” the election of each of the nominees for director listed in the enclosed proxy statement; “FOR” approval of the advisory, non-binding resolution approving the compensation of the Corporation’s Named Executive Officers; and “FOR” ratification of the appointment of Crowe LLP as the Corporation’s independent registered public accounting firm for the year ending December 31, 2026.

We have elected to provide access to our proxy materials over the Internet using the Securities and Exchange Commission’s “notice and access” rules. Details regarding the business to be conducted are described in the Notice of Internet Availability of Proxy Materials (“Notice”) you received in the mail and in this proxy statement. We have also made available a copy of our 2025 Annual Report on Form 10-K with this proxy statement. We encourage you to read our Annual Report. It includes our audited financial statements and provides information about our business.

The Annual Meeting will be hosted in a virtual format only online via live webcast. You will not be able to attend the Annual Meeting in person. You will be able to attend and participate in the Annual Meeting online, vote your shares electronically and submit your questions prior to and during the meeting by visiting https://edge.media-server.com/mmc/p/fe4ke5cr, click on “I have a control number,” enter the control number found on your proxy card, voting instruction form or notice that you received previously, and enter the password: citizens2026 (the password is case sensitive).

If your shares are held in “street name” through a broker, bank, or other nominee, in order to participate in the virtual annual meeting, you must first obtain a legal proxy from your broker, bank or other nominee reflecting the number of shares of Citizens & Northern Corporation common stock you held as of the record date, your name and email address. You then must submit a request for registration to Equiniti Trust Company, LLC: (1) by email to proxytabulation@equiniti.com; (2) by fax to 718-765-8730 or (3) by mail to: Equiniti Trust Company, LLC 1110 Centre Pointe Curve, Suite 101, Mendota Heights MN 55120. Requests for registration must be labeled as “Legal Proxy” and be received by Equiniti Trust Company, LLC no later than 5:00 p.m. Eastern time on April 17, 2026.

Your vote is important regardless of the number of shares you own. You may vote during the Annual Meeting by following the instructions on the meeting website during the meeting. Whether or not you plan to attend the Annual Meeting, the Board of Directors encourages you to vote your shares. You may vote over the Internet, as well as by telephone, or, if you requested to receive printed proxy materials, by mailing a proxy or voting instruction card. Please review the instructions described in this proxy statement, as well as in the Notice you received in the mail. This will not prevent you from voting at the meeting but will assure that your vote is counted if you are unable to participate.

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Only shareholders of record at the close of business on February 25, 2026, the record date for the Annual Meeting, are entitled to notice of, and to vote at, the Annual Meeting.

| By Order of the Board of Directors,
| /s/ Glenn Richard James
Wellsboro, Pennsylvania | Glenn Richard James
March 13, 2026 | Corporate Secretary

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TABLE OF CONTENTS

| Page
Annual Meeting Information | 5-7
Who is entitled to vote? |
On what am I voting? |
How does the Board of Directors recommend I vote on the proposals? |
How are proxy materials being disseminated? |
How do I vote? |
How do I change my vote? |
What is a quorum? |
What vote is required to approve the proposals? |
Who will count the vote? |
How are proxies being solicited? |
What is the deadline for shareholder proposals for next year’s Annual Meeting? |
Internet Availability of Proxy Materials | 7
Cautionary Statement Regarding Forward-Looking Statements | 7-8
Proposal 1 - Election of Directors | 8-11
Board of Directors |
Nominees for Election |
Director Qualifications |
Executive Officers | 11-12
Human Capital Management | 13
Corporate Governance | 13-17
Director Independence |
Leadership Structure of the Board |
Meetings and Committees of the Board of Directors |
Shareholder Communications |
Related Person Transactions and Policies |
Stock Ownership Requirements |
Anti-Hedging Policy |
Information Concerning Security Ownership | 17-18
Beneficial Ownership of Principal Holders |
Beneficial Ownership of Executive Officers and Directors |
Delinquent Section 16(a) Reports |
Compensation Discussion and Analysis | 19-28
2025 Performance Highlights |
2025 Key Compensation Decisions and Actions |
Overview of the Executive Compensation Program |
Compensation Philosophy and Program Objectives |
2025 Program Components |
How We Make Decisions Regarding Named Executive Officer Compensation |
2025 Executive Compensation Decisions |
Consideration of Say-on-Pay Advisory Vote |
Risk Management |
Recoupment Policy |
Equity Award Timing Policies and Procedures |
Insider Trading Policy |

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Executive Compensation Tables | 29-32
Summary Compensation Table |
Grants of Plan-Based Awards |
Outstanding Equity Awards at Fiscal Year-End |
Option Exercises and Stock Vested |
CEO Pay Ratio | 32-33
Pay Versus Performance | 33-38
Pay Versus Performance |
Compensation Actually Paid vs. CZNC and Peer Group Total Shareholder Return |
Compensation Actually Paid vs. Net Income |
Compensation Actually Paid vs. PPNR-NCOs |
Employment Agreements | 39-40
Change in Control Agreement | 40
Potential Payments Upon Termination or Change in Control | 41
Indemnification Agreements | 42
Compensation of Directors | 42-43
Director Summary Compensation Table |
Director Fees |
Stock Incentive Plans |
Proposal 2 – Advisory Non-Binding Vote on Executive Compensation | 44
Proposal 3 – Ratification of Independent Registered Public Accounting Firm | 44
Fees of Independent Registered Public Accounting Firm | 44-45
Audit Committee Report | 45
Annual Report on Form 10-K | 45
Other Matters | 45
Appendix A – Reconciliation of U.S. GAAP to Non-GAAP Measures | 46-47

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90-92 Main Street

Wellsboro, Pennsylvania 16901

PROXY STATEMENT

Annual Meeting of Shareholders – April 23, 2026

Annual Meeting Information

This proxy statement is furnished in connection with the solicitation of proxies by the Board of Directors of Citizens & Northern Corporation (the “Corporation”) to be used at the Annual Meeting of Shareholders of the Corporation to be held on Thursday, April 23, 2026, at 2:00 P.M., in a virtual meeting format only with no physical location, and at any adjournments or postponements thereof. This proxy statement was first made available to shareholders on March 13, 2026.

Who is entitled to vote?

Shareholders owning Corporation common stock on February 25, 2026 are entitled to vote at the Annual Meeting or any adjournment or postponement of the meeting. Each shareholder has one vote per share on all matters to be voted on. On February 25, 2026, there were 17,910,243 shares of Corporation common stock outstanding.

On what am I voting?

You will be asked to vote on the following matters:

| ● | Election of one (1) Class II director for a two (2) year term expiring in 2028 and three (3) Class III directors for three (3) year terms expiring in 2029;

| ● | Approval of the advisory (non-binding) resolution on the compensation paid to the Named Executive Officers of the Corporation; and

| ● | Ratification of the appointment of Crowe LLP as the Corporation’s independent registered public accounting firm for the year ending December 31, 2026.

The Board of Directors is not aware of any other matters to be presented for action at the Annual Meeting. If any other matter requiring a vote of the shareholders would be presented at the meeting, the proxies will vote according to the directions of the Corporation’s management.

How does the Board of Directors recommend I vote on the proposals?

The Board of Directors recommends that you vote “FOR” the election of each of the nominees for director listed in the enclosed proxy statement; “FOR” approval of the advisory, non-binding resolution approving the compensation of the Corporation’s Named Executive Officers; and “FOR” ratification of the appointment of Crowe LLP as the Corporation’s independent registered public accounting firm for the year ending December 31, 2026.

How are proxy materials being disseminated?

In accordance with rules adopted by the Securities and Exchange Commission (“SEC”), we have elected to furnish proxy materials, including this proxy statement and our 2025 Annual Report on Form 10-K, to our shareholders by providing access to such documents on the Internet instead of mailing printed copies. Most shareholders will not receive printed copies of the proxy materials unless they request them. Instead, the Notice, which was mailed to most of our shareholders, provides instructions as to how you may access and review all the proxy materials on the Internet. The Notice also instructs you as to how you may submit your proxy via the Internet. If you would like to receive a paper or email copy of our proxy materials, you should follow the instructions for requesting such materials in the Notice.

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If you received more than one Notice, it means that your shares are registered differently and are held in more than one account. To ensure that all shares are voted, please either vote each account over the Internet or by telephone, or sign and return by mail all proxy cards or voting instruction forms requested in paper format.

How do I vote?

As described in the Notice, you may vote by any of the following methods:

Internet. Go to www.voteproxy.com 24 hours a day, seven days a week, and follow the instructions. You will need the control number included in the Notice, proxy card or voting instructions form that is sent to you. The Internet voting system allows you to confirm that the system has properly recorded your votes. This method of voting will be available until 11:59 p.m., Eastern Time, on April 22, 2026.

Telephone. Call toll-free 1-800-PROXIES 24 hours a day, seven days a week, and follow the instructions. You will need the control number included in the Notice, proxy card or voting instructions form that is sent to you. As with Internet voting, you will be able to confirm the system has properly recorded your votes. This method of voting will be available until 11:59 p.m., Eastern Time, on April 22, 2026.

Mail. If you are a shareholder of record and you elect to receive your proxy materials by mail, you can vote by marking, dating, and signing your proxy card exactly as your name appears on the card and returning it by mail in the postage-paid envelope that will be provided to you. If you hold your shares in street name and you elect to receive your proxy materials by mail, you can vote by completing and mailing the voting instructions form that will be provided by your bank, broker, or other holder of record. You should mail the proxy card or voting instruction form in plenty of time to allow delivery before the meeting. Do not mail the proxy card or voting instruction form if you are voting over the Internet or by telephone.

At the Virtual Annual Meeting. Unless your shares are held in “street name,” you may vote your shares at the virtual Annual Meeting. We encourage you to vote via the Internet or by telephone prior to the meeting. It is fast and convenient, your vote is recorded immediately, and there is no risk that postal delays will cause your vote to arrive late and therefore not be counted. If your shares are held in “street name” through a broker, bank, or other nominee, in order to participate in the virtual annual meeting, you must first obtain a legal proxy from your broker, bank or other nominee reflecting the number of shares of Citizens & Northern Corporation, common stock you held as of the record date, your name and email address. You then must submit a request for registration to Equiniti Trust Company, LLC: (1) by email to proxytabulation@equiniti.com; (2) by fax to 718-765-8730 or (3) by mail to : Equiniti Trust Company, LLC 55 Challenger Rd Suite 200B 2nd floor Ridgefield Park, NJ 07660. Requests for registration must be labeled as “Legal Proxy” and be received by Equiniti Trust Company, LLC no later than 5:00 p.m. Eastern time on April 17, 2026.

How do I change my vote?

If you give the vote we are soliciting, you may revoke it at any time before it is exercised:

| ● | by signing and returning a later-dated proxy; or

| ● | by giving written notice to Citizens & Northern Corporation, 90-92 Main Street, Wellsboro, PA 16901, Attention: Corporate Secretary; or

| ● | by voting virtually at the Annual Meeting.

A shareholder whose shares are held in street name should follow the instructions of his or her broker regarding revocation of proxies. You should note that your presence at the meeting without voting virtually will not revoke an otherwise valid proxy.

What is a quorum?

A “quorum” is the presence at the meeting, virtually or by proxy, of the holders of a majority of the outstanding shares. There must be a quorum for the meeting to be held. Abstentions are counted for purposes of determining the presence or absence of a quorum but are not considered as a vote cast under Pennsylvania law. Brokers holding shares in “street name” for their customers generally are not entitled to vote on certain matters unless they receive voting instructions from their customers. Such shares for which brokers have not received voting instructions from their customers are called “broker non-votes.” Under Pennsylvania law, broker non-votes will be counted to determine if a quorum is present with respect to any matter to be voted upon by shareholders at the meeting only if such shares have been voted at the meeting on a matter other than a procedural motion.

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What vote is required to approve the proposals?

The election of directors is subject to a majority vote requirement under which any director who does not receive a majority of the votes cast in an uncontested election must tender his or her resignation to the Board. The four (4) nominees for election to the Board of Directors are subject to the majority voting requirement. Notwithstanding the foregoing, in the event of a contested election of directors, directors shall be elected by the vote of a plurality of the votes cast at any meeting for the election of directors at which a quorum is present. “Withhold” votes will have the effect of a vote against a nominee. Abstentions and broker non-votes will have no effect on the election of directors.

Approval of the advisory (non-binding) resolution on the compensation paid to Named Executive Officers, and ratification of the appointment of Crowe LLP as the Corporation’s independent registered public accounting firm for the year ending December 31, 2026, require the affirmative vote of a majority of the votes cast at the meeting, virtually or by proxy. Abstentions and broker non-votes will have no effect in calculating the votes on these matters.

Who will count the vote?

The Judges of Election appointed by the Board of Directors will count the votes cast virtually or by proxy at the meeting.

How are proxies being solicited?

The Corporation will bear its own cost of solicitation of proxies for the meeting. In addition to solicitation by mail, the company’s directors, officers and employees may solicit proxies personally or by telephone, facsimile transmission or otherwise. These directors, officers and employees will not be additionally compensated for their solicitation efforts but may be reimbursed for out-of-pocket expenses incurred in connection with these efforts. The Corporation will reimburse brokerage firms, fiduciaries, nominees, and others for their out-of-pocket expenses incurred in forwarding proxy materials to beneficial owners of shares of common stock held in their names.

What is the deadline for shareholder proposals for next year’s Annual Meeting?

Any shareholder who, in accordance with and subject to the provisions of the proxy rules of the SEC, wishes to submit a proposal for inclusion in the Corporation’s proxy statement for its 2027 Annual Meeting of Shareholders must deliver the proposal in writing to the Secretary of Citizens & Northern Corporation at the Corporation’s principal executive offices at 90-92 Main Street, Wellsboro, Pennsylvania, no later than November 14, 2026.

For any proposal that is not submitted for inclusion in next year’s proxy statement (as described in the preceding paragraph) but is instead sought to be presented directly at the next Annual Meeting, the Corporation’s Articles of Incorporation require shareholders to give advance notice of such proposals. The required notice, which must include the information and documents set forth in the Articles of Incorporation, must be given no more than 50 days and no less than 14 days prior to the Annual Meeting. If notice is not received by the Corporation within this time frame, the Corporation will consider such notice untimely.

Under Rule 14a-4(c)(1) of the Securities Exchange Act of 1934, as amended, if any shareholder proposal intended to be presented at the Annual Meeting without inclusion in our proxy statement is received within the required time frame and is properly presented, then a proxy will have the ability to confer discretionary authority to vote on the proposal.

Internet Availability of Proxy Materials

Important Notice About the Availability of Proxy Materials for the Annual Meeting of Shareholders to be Held on April 23, 2026: This proxy statement, proxy card and the Corporation’s annual report to shareholders are available at: http://www.astproxyportal.com/ast/11697/.

Cautionary Statement Regarding Forward-Looking Statements

This proxy statement and the documents that have been incorporated herein by reference may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, these statements can be identified by the use of words such as “anticipate,” “believe,” “can,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “should,” “target,” “will,” “would” and similar expressions. Actual results and trends could differ materially from those set forth in such statements due to various risks, uncertainties and other factors. Such risks, uncertainties and other factors that could cause actual results and experience to differ from those projected include, but are not limited to, the following:

| ● | changes in monetary and fiscal policies of the Federal Reserve Board and the U.S. Government, particularly related to changes in interest rates

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| ● | changes in general economic conditions
| ● | the potential for adverse developments in the banking industry that could have a negative impact on consumer confidence
| ● | the Corporation’s credit standards and its on-going credit assessment processes might not protect it from significant credit losses
| ● | difficulties in integrating the operations of the former Susquehanna Community Financial, Inc. (acquired by the Corporation on October 1, 2025)
| ● | legislative or regulatory changes
| ● | downturn in demand for loan, deposit and other financial services in the Corporation’s market area
| ● | increased competition from other banks and non-bank providers of financial services
| ● | technological changes and increased technology-related costs
| ● | information security breach or other technology difficulties or failures
| ● | changes in accounting principles, or the application of generally accepted accounting principles
| ● | fraud and cyber malfunction risks as usage of artificial intelligence continues to expand
| ● | integration efforts between the Corporation and Susquehanna may divert the attention of the management teams of the Corporation and Susquehanna and cause a loss in the momentum of their ongoing businesses
| ● | success of the Corporation in Susquehanna’s geographic market area will require the Corporation to attract and retain key personnel in the market and to differentiate the Corporation from its competitors in the market

Although forward-looking statements help provide additional information about us, investors should keep in mind that forward-looking statements are only predictions, at a point in time, and are inherently less reliable than historical information. You are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this proxy statement. We assume no obligation to update any forward-looking statement in order to reflect any event or circumstance that may arise after the date of this proxy statement, other than as may be required by applicable law or regulation.

PROPOSAL 1 -- ELECTION OF DIRECTORS

Board of Directors

Our Articles of Incorporation provide that the Board of Directors shall consist of not less than five (5) or more than twenty-five (25) directors and that within these limits the number of directors shall be as established by the Board of Directors. The Articles further provide that the Board shall be classified into three classes, as nearly equal in number as possible. One class of directors is elected annually, and the term for each class is three (3) years. Any vacancy occurring on the Board of Directors, for any reason, may be filled by a majority of directors then in office to serve until the expiration of the term of the vacancy. There are currently eleven (11) members of the Corporation’s Board of Directors.

At the 2026 Annual Meeting, one Class II director is to be elected to serve for a two (2)-year term and three (3) Class III directors are to be elected to serve for three (3) year terms.

Nominees for Election

The Board of Directors proposes the nominee Christian C. Trate be elected as a Class II director for a term expiring at the 2028 Annual Meeting and proposes the following three (3) nominees be elected as Class III directors for terms expiring at the 2029 Annual Meeting of Shareholders: Aaron K. Singer, Stephen M. Dorwart, and J. Bradley Scovill. Each nominee currently serves as a director of the Corporation.

The election of directors is subject to a majority vote requirement under which any director who does not receive a majority of the votes cast in an uncontested election must tender his or her resignation as a director of the Corporation via the Chairperson of the Corporate Governance and Nominating Committee. A director whose resignation is under consideration shall abstain from participating in any recommendation or decision regarding that resignation. The Corporate Governance and Nominating Committee shall make a recommendation to the Board whether to accept, reject or otherwise act with respect to the tendered resignation. Notwithstanding the foregoing, in the event of a contested election of directors, directors shall be elected by the vote of a plurality of the votes cast at any meeting for the election of directors at which a quorum is present.

Unless otherwise instructed, proxies received from shareholders will be voted for the nominees named in this proxy statement. If a nominee should become unavailable for any reason, proxies will be voted for a substitute nominee determined by the Board of Directors. The Board of Directors has no reason to believe that the nominees will be unable to serve if elected.

Cumulative voting does not exist in the election of directors. Each share of Corporation common stock is entitled to cast one vote for each nominee. For example, if a shareholder owns ten shares of common stock, he or she may cast up to ten votes for each of the four nominees to be elected.

The Board of Directors recommends a vote “FOR” the election of the nominees identified above, each of whom has consented to be named as a nominee and to serve if elected.

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Director Qualifications

We provide below information as of the date of this proxy statement about each nominee and director of the Corporation. The information includes information each director has given us about his/her age, all positions held, principal occupation and business experience for the past five years, and the names of other publicly held companies of which he or she currently serves as a director or has served as a director during the past five years. In addition to the information presented below regarding each nominee’s specific experience, qualifications, attributes and skills that led the Board of Directors to conclude that he or she should serve as a director, we also believe that all of our directors and nominees have demonstrated good judgment, strength of character, and an independent mind, as well as a reputation for integrity and the highest personal and professional ethics.

The age shown below for each director is as of April 23, 2026, which is the date of the Annual Meeting of Shareholders.

Nominee as Class II Director for a term expiring at the 2028 Annual Meeting

Christian C. Trate

Director since: 2025

Age: 65

Mr. Trate was appointed to the C&N Board in October 2025. He previously served on the Susquehanna Community Bank Board of Directors since 2004 and was Chairman since 2016. Mr. Trate is currently President of W.A. DeHart Inc. which is a Convenience Store Distributor located in New Columbia Pa. He holds a Bachelor of Science degree in Business Administration from Bucknell University. Mr. Trate brings considerable experience in small business management and an expansive knowledge of the market in which Susquehanna operated, each of which are key strategic targets for C&N.

Nominees as Class III Directors for terms expiring at the 2029 Annual Meeting

Stephen M. Dorwart

Director since: 2020

Age: 56

Mr. Dorwart served on the Covenant Bank Board of Directors from 2007 until July 2020. He served as Chair for both the Audit and Compensation Committees and was the Lead Outside Director for 5 years. He received his Bachelor of Science degree in Business Administration from Bucknell University in 1991. Mr. Dorwart is the managing partner of the public accounting firm Fischer Dorwart, PC with offices in Audubon, NJ and Harrisburg, PA. He is a CPA licensed in Pennsylvania, New Jersey and Delaware. We believe Mr. Dorwart is qualified to serve as a director of the Corporation because of his extensive experience in public accounting and as a director of Covenant Bank.

J. Bradley Scovill

Director since: 2015

Age: 66

Mr. Scovill became employed as President and Chief Executive Officer of the Corporation and Citizens & Northern Bank (the “Bank”) and was appointed to the Board of Directors of the Corporation and the Bank, effective March 2, 2015. Prior to joining the Corporation and Bank, Mr. Scovill most recently served as President and Chief Operating Officer of Kish Bancorp, Inc. and Kish Bank headquartered in Belleville, Pennsylvania, where he was an executive for more than five (5) years. Prior to Kish, Mr. Scovill held various executive management positions with both PNC Bank and Sterling Financial Corporation, headquartered in Lancaster, Pennsylvania. Mr. Scovill received a Bachelor of Science degree in Finance from The Pennsylvania State University. We believe Mr. Scovill is qualified to serve as a director of the Corporation because of his extensive experience working in financial and executive roles in the banking industry.

Aaron K. Singer

Director since: 2017

Age: 54

Mr. Singer has been the President & Chief Executive Officer of MetalKraft Industries Inc., in Wellsboro, PA, since 2000. He received his Bachelor of Science degree from Shippensburg University. Mr. Singer has completed the Bank Director Certification Program. Mr. Singer serves on the boards of various organizations within his local community. We believe Mr. Singer’s qualifications to serve as a director of the Corporation include his business experience as well as his executive leadership experiences at MetalKraft.

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Continuing Class II Directors for terms expiring at the 2028 Annual Meeting

Helen S. Santiago

Director since: 2021

Age: 46

Ms. Santiago has served as a CPA for LaBarr & LaBarr, LLC in Sayre, PA since 2009 where her focus is income tax preparation, tax planning and financial statements. Prior to returning to Bradford County, she worked for KPMG in Philadelphia for seven years, earned her CPA license and served as an auditor before being promoted to Manager. Ms. Santiago earned her Bachelor of Science degree in Accounting from Susquehanna University. Ms. Santiago serves as a director for the Mutual Capital Group. She is involved in the community as Secretary of the Bradford/Sullivan Counties’ Outstanding Young Woman Program. She’s also active in the Parent/Teacher Guild (PTG) of St. Agnes School in Towanda, PA. We believe Ms. Santiago’s qualifications to serve as a director of the Corporation include her extensive experience in public accounting.

Katherine W. Shattuck

Director since: 2021

Age: 51

Ms. Shattuck is a Managing Partner at Korn Ferry, the global leader in talent management and executive search, where she leads the Pennsylvania team and is a core member of the Global Financial Market practice. She is an expert in building and developing effective leadership teams at the C-suite, board and senior executive level. Ms. Shattuck holds an MBA from Harvard Business School and an MPA from Harvard Kennedy School. She graduated from The United States Military Academy at West Point and is an Army veteran. Ms. Shattuck has significant board governance experience, completing Phase I of Board Director Certification including Audit, Compensation, Governance, Risk and Regulatory Environment and Bank Director’s Corporate Governance Workshop. Currently, Ms. Shattuck serves as a Board Member of the Robert Packer Hospital, Investment Committee for the Felician Sisters of North America and Nominating Committee for the Girl Scouts of the National Capital Region. She served West Point as a volunteer for over fifteen years, culminating in service as a Director for the West Point Association of Graduates, with service as Chair, Ethics Committee and Vice-Chair, Finance Committee. We believe Ms. Shattuck’s qualifications to serve as a director of the Corporation include her extensive experience in leadership, financial services, governance and talent acquisition.

Continuing Class I Directors for a term expiring at the 2027 Annual Meeting

Bobbi J. Kilmer

Director since: 2018

Age: 62

Ms. Kilmer served as the President & Chief Executive Officer of Claverack Rural Electric Cooperative from 2006 until retiring in January 2021. She also served as the Co-President & CEO of C&T Enterprises, Inc., which is the owner of Valley Energy in Sayre, PA, Wellsboro Electric Company and Citizens Electric Company in Lewisburg. She previously served as the Executive Vice President & Chief Operating Officer of Claverack. Ms. Kilmer serves on the boards of various organizations within her local and surrounding communities. She received her Bachelor of Science degree from Mansfield University. In addition, Ms. Kilmer has completed the Bank Director Certification Program. We believe Ms. Kilmer’s qualifications to serve as a director of the Corporation include her business experience, as well as her executive leadership roles at Claverack Rural Electric Cooperative and C&T Enterprises, Inc.

Terry L. Lehman, CPA (Inactive), Chairman

Director since: 2016

Age: 68

Mr. Lehman is a retired certified public accountant with over 35 years of experience in public accounting and private industry, including serving the roles of an Assurance Director at BDO, LLP in Harrisburg, an Audit Partner at ParenteBeard, LLC, and Beard Miller Company, LLP both located in Harrisburg, Senior Manager at Ernst & Young, and an Internal Auditor at Peoples National Bank of Lebanon. Mr. Lehman was a Board Member for both MidCoast Community Bancorp, Inc. and MidCoast Community Bank from October 2015 until 2020. He also is active with various organizations in his local communities and is a Pennsylvania CPA on inactive status. He received his B.S.B.A. degree in Accounting from Shippensburg University. In addition, Mr. Lehman has completed the Bank Director Certification Program. We believe Mr. Lehman’s extensive experience in public accounting and private industry, much of which has been concentrated in work for and on behalf of financial institutions and public companies, make him qualified to serve as a director of the Corporation.

Robert G. Loughery

Director since: 2020

Age: 56

Mr. Loughery served on the Covenant Bank Board of Directors for 5 years. As a real estate investor and developer, Mr. Loughery currently serves as the President of Nehemiah Development Company, Inc. Mr. Loughery served as a County Commissioner in the County of Bucks from February 2011 until January 2020. Mr. Loughery serves on numerous private boards and public authorities. Mr. Loughery has a B.A. degree in Policy and Management Studies from Dickinson College in 1991. Following graduation, he was commissioned an officer in the US. Army Reserves. Mr. Loughery has completed the Bank Director Certification Program. We believe Mr. Loughery is qualified to serve as a director of the Corporation because of his over 20 years’ experience in real estate development and finance and his leadership abilities.

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Frank G. Pellegrino

Director since: 2016

Age: 62

Mr. Pellegrino is Owner/Developer with Carlton Associates, LLC, in Lycoming County PA and is the former Executive Vice President of Sales and Marketing and a founder of Primus Technologies Corp., Williamsport. He is a graduate of Indiana University of Pennsylvania. He serves as CEO or Board Chairman on many of his businesses in Lycoming, Montour, Centre, and Union Counties. He is a member of the Board of Directors, and Audit Committee Chairman, of Advance Technologies, Middletown, PA. We believe Mr. Pellegrino’s advanced education, director experience, more than 25 years of executive leadership roles with Primus Technologies and leadership roles through his more than 12 manufacturing and service companies and his extensive community board positions throughout Northcentral PA amply qualify him to serve as a director.

EXECUTIVE OFFICERS

The following table provides information regarding each of the executive officers of the Corporation and the Bank (other than Mr. Scovill, whose information is included above). The age shown below for each executive officer is as of April 23, 2026, which is the date of the annual shareholders meeting.

Alexander Balagour

Age: 49

Mr. Balagour has served as Executive Vice President and Chief Information Officer of the Bank since May 2021. Prior to joining the Bank, Mr. Balagour most recently served as the Chief Information Officer at Customers Bank in Reading, PA, where he led the organization through the transformation of their sales and lending technology, data analytics and customer experience. Mr. Balagour received a Bachelor of Science degree in Computer Science from Arcadia University, where he earned the Sigma Zeta Award in Computer Science, given to the top-graduating student for academic excellence. He went on to receive his Executive Masters in Technology Management from Wharton School and School of Engineering from the University of Pennsylvania.

Kelley A. Cwiklinski

Age: 62

Executive Vice President and Chief Commercial Lending Officer since February 2023; formerly Senior Vice President and Director of Commercial Lending of the Bank since January of 2021. Prior to becoming the Director of Commercial Lending, Ms. Cwiklinski was a Regional Commercial Lending Executive for C&N since July of 2020 through the acquisition of Covenant Bank. Prior to her employment with C&N, Ms. Cwiklinski was Executive Vice President and Chief Lending Officer of Covenant Bank from January 2015 through June 2020. Ms. Cwiklinski began her banking career in 1985 and had various commercial lending and credit-related positions prior to joining Covenant Bank. Ms. Cwiklinski is a graduate of Mercer County Community College with an Associates Degree in Business Administration.

Stan R. Dunsmore

Age: 63

Mr. Dunsmore has served as Executive Vice President and Chief Credit Officer of the Bank since January 2015. Previously, Mr. Dunsmore served as Vice President and Commercial Loan Sales Officer of the Bank since May 2007. Prior to the May 2007 acquisition of Citizens Trust Company by Citizens & Northern Bank, Mr. Dunsmore served as Vice President and Chief Lending Officer of Citizens Trust Company since 1995. Mr. Dunsmore received a Bachelor of Science degree in Management Science from Lock Haven University of Pennsylvania.

Harold F. Hoose, III

Age: 59

Mr. Hoose has served as Executive Vice President and Chief Revenue Officer of the Bank since February 2021. Previously, Mr. Hoose served as Executive Vice President and Director of Lending of the Bank since March of 2005. Prior to becoming the Director of Lending, Mr. Hoose was a regional commercial relationship manager for C&N since August of 1997. Prior to that, Mr. Hoose began his banking career in 1990 as a management trainee with Commonwealth Bank (Williamsport PA) and moved to the credit/lending area of the bank in April 1993. Mr. Hoose received his Bachelor of Science degree from Mansfield University and completed the Graduate School of Banking at the University of Colorado.

Mark A. Hughes

Age: 65

Mr. Hughes serves as Treasurer of the Corporation and Executive Vice President and Chief Financial Officer of the Bank. Mr. Hughes served as Interim President and Chief Executive Officer of the Corporation and Bank from August 12, 2014 through March 1, 2015. Effective March 2, 2015, Mr. Hughes resigned from the positions of Interim President and Chief Executive Officer of the Corporation and Bank and was appointed to the positions he had formerly held as Treasurer of the Corporation since November 2000 and Executive Vice President and Chief Financial Officer of the Bank since August 2000. Mr. Hughes received a Bachelor of Arts degree in Accounting from Lycoming College.

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Glenn R. James, Esq.

Age: 72

Executive Vice President, General Counsel and Corporate Secretary of the Bank since June 2023. Prior to joining the Bank, Mr. James was a Director, Executive Vice President, and General Counsel of Noah Bank (Elkins Park PA). Prior to that Mr. James served, successively, as a financial services industry partner in the firms of KPMG, Grant Thornton LLP, ParenteBeard LLC, and BDO USA. Mr. James took a bachelor’s degree in business administration from Temple University and a Juris Doctorem degree from the Villanova University School of Law.

John M. Reber

Age: 59

Mr. Reber has served as Executive Vice President and Chief Risk Management Officer of the Bank since February 2021. Previously, Mr. Reber served as Executive Vice President and Director of Risk Management of the Bank since January 2011. Mr. Reber was Vice President and Director of Risk Management of the Bank since June 2004. Prior to joining C&N, Mr. Reber held various staff and management positions in credit, lending and risk management with SunBank, headquartered in Lewisburg, Pennsylvania. Mr. Reber received a Bachelor of Science degree in Finance from Bloomsburg University of Pennsylvania.

Thomas L. Rudy, Jr.

Age: 62

Mr. Rudy has served as Executive Vice President, Chief Delivery Officer and Region President of the Bank since February 2021. Previously, Mr. Rudy served as Executive Vice President and Director of Branch Delivery of the Bank since February 2004; President of C&N Financial Services, LLC since January 2000; and President of Bucktail Life Insurance Company since May 2018. Mr. Rudy received a Bachelor of Science degree in Finance from The Pennsylvania State University and is a graduate of the ABA Graduate School of Banking at the Wharton School, University of Pennsylvania.

David S. Runk

Age: 62

Mr. Runk has served as Executive Vice President and Strategic Advisor of the Bank since October 2025. Prior to his employment with C&N, Mr. Runk most recently served as Chief Executive Officer of Susquehanna Community Bank since 2011. Prior to this time, Mr. Runk was Chief Risk Officer of Pennian Bank from 2008-2011, Chief Operating Officer of Omega Bank from 2005-2008, and Chief Financial Officer of Kish Bank from 1994-2005. He began his career as a CPA with Peat Marwick after graduation from Penn State University in 1986.

Blair T. Rush

Age: 64

Mr. Rush has served as Executive Vice President and Southeast Region President of the Bank since February 2021. Previously, Mr. Rush served as Southeast Region President of the Bank since July 2020. Prior to his employment with C&N, Mr. Rush most recently served as President & Chief Operating Officer of Covenant Bank since April 2016. Prior to this time, he was the Eastern Region President with National Penn Bank. He joined National Penn through their acquisition of FirstService Bank in February 2003, where he was an Executive Vice President and was one of four original officers of the de novo FirstService Bank. Prior to FirstService Bank, Mr. Rush was a Vice President with CoreStates and Bucks County Bank where he started his forty-year banking career. He is a graduate of Delaware Valley College with a Bachelor of Science degree in Business Administration and the Pennsylvania Bankers Association’s Central Atlantic Advanced School of Banking.

Tracy E. Watkins

Age: 61

Ms. Watkins has served as Executive Vice President and Chief Human Resources Officer of the Bank since February 2021. Previously, Ms. Watkins served as Executive Vice President and Director of Human Resources of the Bank since January 2018. Prior to that, she was Vice President and Director of Human Resources of the Bank since 2010, and HRIS (Human Resources Information System) & Employee Relations Manager since 2005. She joined the Bank in 2003. Ms. Watkins holds a B.S. in English/Secondary Education from Juniata College, a Certificate from The Institute for Paralegal Training in Philadelphia, PA and is a Graduate of the PBA Advanced School of Banking and The Graduate School of Banking Human Resource Management School as well as being a Certified Employee Benefit Specialist (CEBS – RPA, GBA) and Senior Professional in Human Resources (SPHR).

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HUMAN CAPITAL MANAGEMENT

Human Capital

The Corporation’s Board of Directors and executive leadership team have established the following mission, vision, and values:

Mission: Creating value through lifelong relationships with our customers, teammates, shareholders, and communities.

Vision: Every customer says “C&N is the ONLY bank I need.”

Values: Teamwork, Respect, Responsibility and Accountability, Excellence, Integrity, Client Focus, Have Fun.

We recognize that our ability to create value on a consistent basis is highly dependent upon the effectiveness of our team. At C&N Bank, we are committed to creating value through relationships. At the heart of this mission is a promise of excellence in service to all people, as demonstrated by our commitment to equity of opportunity, inclusion, and our fostering of a spirit of belonging. We live our values of respect, integrity, and excellence by creating access and providing support to help our diverse constituents of customers, teammates, shareholders and communities in achieving their financial goals. We embrace inclusion of all of our stakeholders as an important component of our vision to be the ONLY bank our customers need. The Corporation’s key human capital management objectives are to attract and retain diverse talent that fits our values and culture. Our talent strategy focuses on acquiring new employees through branding and outreach programs, developing employees through a robust onboarding program, ongoing training, and performance management, and retaining employees through recognition, engagement, and a competitive total rewards package.

Compensation and Benefits

The Corporation offers competitive compensation to attract and retain talent. Our generous total rewards package includes market-competitive salary, bonuses or sales commissions, short-term and long-term equity incentives, healthcare and retirement benefits, and paid time off. Employees have regular performance reviews and merit salary adjustments commensurate with performance. Employees have access to a holistic suite of items within our employee assistance program that caters to physical, emotional, and mental wellbeing for the employee and their family.

Training and Development

The Corporation provides a robust training and development program that supports our culture, prepares employees for their immediate role, develops them for long term success at the Bank and supports personal enrichment. We offer functional training, culture building exercises, personal development, C&N Bank history, C&N Bank integration and ongoing technical training throughout each year. Employees also have access to additional educational and development opportunities including tuition reimbursement and certification programs.

Communication and Engagement

At C&N, we believe in the importance of employee communication and engagement. We utilize several methods to foster engagement, including activities such as Employee Recognition programs, Service Anniversary Awards, Bank wide monthly calls, semi-annual Bank wide events, annual employee surveys, focus groups, daily huddles, and the Giving Back, Giving Together community service program. We believe keeping our team well informed, connected, and appreciated adds to the success of our organization

CORPORATE GOVERNANCE

Members of the Corporation’s Board of Directors are elected by the shareholders. In selecting nominees for the shareholders’ consideration, the Board attempts to identify individuals with appropriate business, financial, legal and other skills and knowledge that are essential to providing oversight of the Corporation’s affairs, and who demonstrate a passion for promoting and enhancing the Corporation’s financial performance and its service to the communities within our marketplace. In evaluating candidates, the Board considers diversity of gender, race, knowledge and educational and business background and experiences, taking into account the experience “mix” of current directors, as well as that of the candidates. The nominating process is described in more detail in the section titled “Governance and Nominating Committee” below.

Director Independence

During 2025 and through the date of this proxy statement, all directors and nominees are and were independent, except for J. Bradley Scovill, as determined in accordance with the independence standards of the NASDAQ Stock Market. In determining the directors’ independence, in addition to matters disclosed in the “Related Person Transactions and Policies” section of this proxy statement, the Board of Directors considered each director’s beneficial ownership of Corporation common stock and loan transactions between the Bank and the directors, their family members and businesses with whom they are associated, as well as any contributions made by the Bank to non-profit organizations with whom such persons are associated. In each case, the Board determined that none of the transactions above impaired the independence of the director.

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The Bank makes loans to Directors and Executive Officers in the ordinary course of business on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other persons and do not involve more than normal risks of collectability.

Additional information concerning loans and deposits with Directors and Executive Officers is incorporated herein by reference to disclosure provided in Note 15 to the Consolidated Financial Statements, which is included in Part II, Item 8 of the Corporation’s Annual Report on Form 10-K for the year ended December 31, 2025.

Leadership Structure of the Board

Terry L. Lehman serves as Chairman of the Board of the Corporation and the Bank. The Board’s establishment of an independent chair reflects its desire to maintain separation between the Board’s role of providing oversight of corporate activities and protecting the Corporation’s interests and the Chief Executive Officer’s role of managing the Corporation and Bank.

The Board attempts to ensure that thorough, open and honest discussions take place at all Board and committee meetings, and that all of the directors are sufficiently informed about each matter that arises so as to make informed decisions. Mr. Lehman presides over meetings of the Board and the Executive Committee, as well as executive sessions and meetings of the independent directors. Further, the Chairman is responsible for communicating the thoughts or concerns of the independent directors to the Chief Executive Officer.

Meetings and Committees of the Board of Directors

Board of Directors. During 2025, the Board of Directors of the Corporation met fifteen (15) times, the Board of Directors of the Bank met fifteen (15) times, and the independent directors met in executive session three (3) times. All of the incumbent directors attended at least 75% or more of the meetings of the Board of Directors of the Corporation and of the Board committees on which he or she served.

Although the Corporation does not have a formal policy with respect to director attendance at the Annual Meeting of Shareholders, each director is encouraged to attend the Annual Meeting.

Executive Committee of the Corporation. The Executive Committee has been inactive since 2019. If there should be a need to activate the Committee, it shall consist of the other Committee chairs, the Chief Executive Officer, and the Board Chair. The Committee would act on behalf of and with full authority of the Board of Directors in matters that may arise between regular monthly meetings of the Board, which would require immediate Board level action and would provide advice and counsel to the Chief Executive Officer on various matters not necessarily requiring Board consideration.

Audit Committee. The primary function of the Audit Committee is to review the internal audit program as performed by the internal auditors; recommend to the Board of Directors the engagement of the independent registered public accounting firm for the year; review the examinations and reports from those persons; and review the annual financial statements of the Corporation. In 2025, the members of the Audit Committee of the Corporation included: Stephen M. Dorwart, Leo F. Lambert, Terry L. Lehman, Helen S. Santiago, Aaron K. Singer, and Christian C. Trate (from October 1st). Stephen M. Dorwart serves as Chair of the Committee. The Audit Committee held four (4) meetings in 2025. All the members of the Audit Committee are and were independent under the independence standards of the NASDAQ Stock Market.

Director Lehman meets the definition of “audit committee financial expert” as defined in the rules adopted by the SEC. The Board of Directors has determined that each of the members of the Audit Committee has sufficient knowledge and experience in financial matters to effectively perform his or her duties as a member of the Audit Committee.

The Board of Directors of the Corporation has adopted a written charter for the Audit Committee, a copy of which is available on our website at www.cnbankpa.com by hovering on “ABOUT,” then clicking on “Corporate Governance Policies” under the Investor Relations heading, then “Audit Committee Charter of C&N Corp.” The policies and procedures for pre-approval of engagements for non-audit services are included in the Charter.

Compensation Committee of the Corporation. The purpose of the Compensation Committee is to discharge the responsibilities of the Board of Directors relating to compensation of the executive officers, provide oversight of the Bank’s compensation, benefit, perquisite and employee equity incentive programs, and monitor and oversee the management succession plan and leadership development processes. In 2025, the members of the Compensation Committee included: Bobbi J. Kilmer, Stephen M. Dorwart, Terry L. Lehman, Frank G. Pellegrino, and Katherine W. Shattuck. Bobbi J. Kilmer currently serves as Chair of the Committee. The Compensation Committee held thirteen (13) meetings in 2025. All of the members of the Compensation Committee are and were independent under the independence standards of the NASDAQ Stock Market.

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The Board of Directors of the Corporation has adopted a written charter for the Compensation Committee, which is available on our website at www.cnbankpa.com by hovering on “ABOUT,” then clicking on “Corporate Governance Policies” under the Investor Relations heading, then “Compensation Committee Charter of C&N Corp.”

Governance and Nominating Committee. The main purpose of the Governance and Nominating Committee is to establish criteria for Board member selection and retention; identify individuals qualified to become Board members; and recommend to the Board the individuals to be nominated and re-nominated for election as directors. Further, the Committee recommends members and chairs of various committees of the Corporation and the Bank to the Board of Directors. The Committee is also responsible for establishing and maintaining succession plans for the positions of Board Chair, Committee Chairs and the CEO, and for reviewing and reporting to the Board periodically on matters of corporate governance. In 2025, the members of the Governance and Nominating Committee included: Susan E. Hartley, Bobbi J. Kilmer, Robert G. Loughery, Katherine W. Shattuck, and Aaron K. Singer. Susan E. Hartley served as Chair of the Committee until her resignation in September whereupon Mr. Singer was appointed Committee chair. During 2025, the Governance and Nominating Committee held four (4) meetings. All members of the Governance and Nominating Committee are and were independent under the independence standards of the NASDAQ Stock Market.

The Board of Directors of the Corporation has adopted a written charter for the Governance and Nominating Committee, which is available on our website at www.cnbankpa.com by hovering on “ABOUT,” then clicking on “Corporate Governance Policies” under the Investor Relations heading, then “Governance and Nominating Charter”.

Qualifications considered by the Governance and Nominating Committee in assessing director candidates include, but are not limited to, the following:

| ● | An understanding of the business and financial affairs and the complexities of a business organization. A career in business is not essential, but the candidate should have a proven record of competence and accomplishments and should be willing to commit the time and energy necessary to fulfill the role as an effective director;

| ● | A genuine interest in representing all of the Corporation’s stakeholders, including the long-term interests of the shareholders;

| ● | A willingness to support the values, mission and vision of the Corporation;

| ● | An open-mindedness and resolve to independently analyze issues presented for consideration;

| ● | A reputation for integrity;

| ● | A candidate’s diversity of experience, gender, race, knowledge and perspective;

| ● | A high level of financial literacy (i.e., the ability to read financial statements and financial ratios, and a working knowledge and familiarity with basic finance and accounting practices);

| ● | A mature confidence and ability to approach others with self-assurance, responsibly and supportively. Candidates should value Board and team performance over individual performance and should be able to raise tough questions in a manner that encourages open discussions. Additionally, a candidate should be inquisitive and curious and feel a duty to ask questions of management;

| ● | The ability, capacity, and willingness to serve as a conduit of business referrals to the organization;

| ● | Independence in accordance with the independence standards of the NASDAQ Stock Market; and

| ● | Experience with a business of size similar or larger than the Corporation.

Other than the foregoing, there are no stated minimum criteria for director nominees, although the Governance and Nominating Committee may also consider such other factors as it may deem are in the best interests of the Corporation and its shareholders, and such factors may change from time to time. The Governance and Nominating Committee does, however, require that a majority of the directors be independent under the independence standards of the NASDAQ Stock Market and expects directors to meet the minimum stock ownership expectations described in the “Stock Ownership Guidelines” section.

The Committee identifies nominees by first evaluating the current directors who are willing to continue in service. If any member of the Board does not wish to continue service or the Board determines not to re-nominate a current director for re-election, the Governance and Nominating Committee identifies the desired skills and experience of a new nominee in light of the criteria above. The Committee evaluates each individual candidate in the context of the Board as a whole, with the objective of recommending a group containing a broad array of diverse experience.

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The Board does not have a formal written policy for considering director candidates recommended by shareholders due to the infrequency of nominations, but its long-standing informal policy is to give due consideration to any and all candidates. The evaluation procedure for candidates recommended by the shareholders would be the same as is done for those recommended by the Board of Directors and management. The Committee recommends a director nominee to the Board, and the Board makes the final determination as to the nominees who will stand for election.

Current members of the Board of Directors are polled for suggestions as to prospective director candidates meeting the Governance and Nominating Committee’s criteria. The Committee has the prerogative to employ and pay third party search firms, but to date has not done so.

Article Tenth of the Corporation’s Articles of Incorporation requires that shareholders give advance notice of any nominations for election to the Board of Directors. The required notice, which must include the information set forth in the Articles of Incorporation, must be made in writing and must be delivered or mailed to the President of the Corporation not less than 14 days nor more than 50 days prior to the Annual Meeting. If notice is not received by the Corporation within this timeframe, the Corporation will consider such notice untimely.

Risk Management Committee of the Corporation. The purposes of the Risk Management Committee are to provide governance and oversight of the Corporation’s enterprise-wide risk management program, in relation to the identification, assessment, measurement, monitoring and controlling of key risks to the Corporation and its subsidiaries. The Credit, Technology Steering, and ALCO Management Committees report up to the Board through the Risk Management Committee. In 2025, the members of the Risk Management Committee included: Terry L. Lehman, Susan E. Hartley (until her retirement in September 2025), Bobbi J. Kilmer, J. Bradley Scovill, Aaron K. Singer, Robert G. Loughery, and Christian C. Trate (from October 1, 2025). Terry L. Lehman currently serves as the Chair of the Committee. The Risk Management Committee met six (6) times during 2025.

Merger & Acquisition (M&A) Committee of the Corporation. The purpose of the M&A Committee is to assist in the review of merger and acquisition opportunities. In 2025, the members of the Merger & Acquisition Committee included: Leo F. Lambert, Terry L. Lehman, Frank G. Pellegrino, J. Bradley Scovill, and Bobbi J. Kilmer. Mr. Lehman currently serves as Chair of the Committee. The M&A Committee met four (4) times during 2025.

Executive Committee of the Bank. The Executive Committee has been inactive since 2019. If there should be a need to activate the Committee, it shall consist of the other Committee chairs, the Chief Executive Officer, and the Board Chair. The Committee may act on behalf of and with full authority of the Board of Directors in matters that arise between regular monthly meetings of the Board, which would require immediate Board level action and would provide advice and counsel to the Chief Executive Officer on various matters not necessarily requiring Board consideration.

Wealth Management Committee of the Bank. The Wealth Management Committee of the Bank oversees the policies, operations, controls, staffing, and risk management of the Trust Department and the wealth advisory function of the Bank as well as the acceptance and relinquishment of all fiduciary relationships. In 2025, members of the Wealth Management Committee included: Stephen M. Dorwart, Frank G. Pellegrino, Katherine W. Shattuck, and Helen S. Santiago. Mr. Pellegrino currently serves as Chair of the Committee. During 2025, the Wealth Management Committee held four (4) meetings.

Shareholder Communications

If you wish to communicate with the Board, you may send correspondence to Corporate Secretary, Citizens & Northern Corporation, 90-92 Main Street, Wellsboro, PA 16901. The Corporate Secretary will submit your correspondence to the Board or the appropriate committee, as applicable. You may also communicate directly with the Chairman by writing to the Chairman, Citizens & Northern Corporation, 90-92 Main Street, Wellsboro, PA 16901.

Related Person Transactions and Policies

Certain directors and officers of the Corporation and Bank and their affiliates (including corporations of which such persons are officers or greater than 10% beneficial owners) were customers of, and had transactions with, the Corporation and Bank in the ordinary course of business during the year ended December 31, 2025. Similar transactions may be expected to take place in the future. Such transactions included the purchase of certificates of deposit and extensions of credit in the ordinary course of business on substantially the same terms, including interest rates and collateral requirements, as those prevailing at the time for comparable transactions with third parties and did not involve more than the normal risks of collectability or present other unfavorable features as required by Reg O of the Federal Reserve. The Corporation expects that any other transactions with directors and officers and their affiliates in the future will be conducted on the same basis.

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The Corporation is required to disclose transactions with certain “Related Persons” (as defined by SEC regulations) where the annual amount involved exceeds the lesser of $120,000 or 1% of the Corporation’s total assets at year-end for the last two years. In 2025, the Corporation did not have any related person transactions requiring disclosure.

Stock Ownership Requirements

Each independent director shall be the beneficial owner of Corporation common stock having a minimum aggregate fair market value of three times the annual cash retainer paid to independent directors, which annual retainer currently is $45,000. Each independent director shall have five (5) years from the date of initial election or appointment to establish the minimum stock ownership and shall thereafter maintain such minimum stock ownership throughout his or her term as a director. It is intended that directors will not sell shares of Corporation common stock received from equity compensation awards prior to reaching the minimum level of ownership required under this policy.

The Chief Executive Officer (CEO) shall be the beneficial owner of Corporation common stock having a minimum value equal to three (3) times the previous year’s annual base salary, and each Executive Vice President (EVP) is required to own Corporation common stock having a minimum value equal to one (1) time the previous year’s annual base salary. The CEO and each EVP shall have five (5) years from initial election or appointment by the Board of Directors to comply with the minimum ownership requirement.

For purposes of determining compliance with these minimum stock ownership requirements, the aggregate fair market value of common stock shall be measured annually by reference to the average of the high and low sales price of the stock on June 30 of each year. Notwithstanding the foregoing stock ownership requirements, the Board of Directors, in the exercise of its reasonable discretion, may approve exceptions to the stock ownership requirements, on a case-by-case basis, to account for unusual volatility in the trading price of the common stock on or about the annual valuation date of the stock on June 30 of each year.

Presently, all directors and named executive officers meet the minimum stock ownership requirements or have been in their current positions for less than five years.

Anti-Hedging Policy

The Board of Directors has adopted an anti-hedging policy that prohibits directors and officers of the Corporation and any subsidiary of the Corporation from purchasing any financial instruments or engaging in any transactions that are designed to hedge or offset any decrease in the market value of equity securities of the Corporation, including, without limitation, puts, calls, prepaid variable forward contracts, equity swaps, collars, exchange funds and other derivative securities or transactions with economic consequences comparable to the foregoing financial instruments.

INFORMATION CONCERNING SECURITY OWNERSHIP

Beneficial ownership of shares of the Corporation’s common stock is determined in accordance with SEC Rule 13d-3, which provides that a person should be credited with the ownership of any stock held, directly or indirectly, through any contract, arrangement, understanding, relationship, or otherwise, in which the person has or shares:

| ● | Voting power, which includes power to vote or to direct the voting of the stock;
| ● | Investment power, which includes the power to dispose or direct the disposition of the stock; or
| ● | The right to acquire beneficial ownership within 60 days after February 25, 2026.

Beneficial Ownership of Principal Holders

The following table shows, to the best of the Corporation’s knowledge, those persons or entities, who owned of record or beneficially, on February 25, 2026, more than 5% of the Corporation’s outstanding common stock.

Name & Address |  | Amount & Nature of |  |  |  |
of Beneficial Owner |  | Beneficial Ownership |  |  | Percent of Class |
BlackRock, Inc. |  |  | 1,146,860 | (1) |  |  | 6.43 | %
50 Hudson Yards |  |  |  |  |  |  |  |
New York, NY 10001 |  |  |  |  |  |  |  |

| (1) | Based on an Amendment No. 14 to Schedule 13G filed with the Securities and Exchange Commission on January 21, 2026, which reported beneficial ownership as of December 31, 2025 by BlackRock, Inc.

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Beneficial Ownership of Executive Officers and Directors

The following table sets forth, as of February 25, 2026, and from information supplied by the respective persons, the amount and the percentage, if over 1% of the common stock of the Corporation beneficially owned by each director, each nominee for director, each of the named executive officers and all executive officers and directors of the Corporation as a group.

Name of Individual or Identity of Group |  | Amount and Nature of Beneficial Ownership (1) |  |  | Percent of Class |
Stephen M. Dorwart |  |  | 19,872 |  |  |  | * |
Bobbi J. Kilmer |  |  | 17,776 |  |  |  | * |
Leo F. Lambert |  |  | 44,549 |  |  |  | * |
Terry L. Lehman |  |  | 28,237 | * |  |  |  |
Robert G. Loughery |  |  | 11,293 |  |  |  | * |
Frank G. Pellegrino |  |  | 48,177 |  |  |  | * |
Helen S. Santiago |  |  | 10,110 |  |  |  | * |
Katherine W. Shattuck |  |  | 9,318 |  |  |  | * |
Aaron K. Singer |  |  | 15,048 |  |  |  | * |
Christian C. Trate |  |  | 108,751 |  |  |  | * |
J. Bradley Scovill |  |  | 139,962 | (2) |  |  | * |
Mark A. Hughes |  |  | 93,417 | (3) |  |  | * |
Harold F. Hoose, III |  |  | 60,181 | (4) |  |  | * |
Stan R. Dunsmore |  |  | 33,586 | (5) |  |  | * |
Kelley A. Cwiklinski |  |  | 33,069 | (6) |  |  | * |
Directors and Executive Officers as a Group (22 Persons) |  |  | 845,798 |  |  |  | 4.72 | %

| * | Indicates beneficial ownership of less than 1%.

(1) At February 25, 2026, there were no outstanding stock options. Each individual holds voting and investment authority with respect to the shares listed, which includes all shares held directly as well as by spouses and minor children and other indirect ownership, over which shares the named individuals effectively exercise sole or shared voting or investment authority.

| (2) | Includes 36,805 shares of restricted stock.

| (3) | Includes 6,525 shares of restricted stock.

| (4) | Includes 7,403 shares of restricted stock.

| (5) | Includes 5,053 shares of restricted stock.

| (6) | Includes 5,849 shares of restricted stock.

Delinquent Section 16(a) Reports

Section 16 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), requires the Corporation’s directors, executive officers and persons who beneficially own more than ten percent of the Corporation’s issued and outstanding common stock to file initial reports of ownership and reports of changes in beneficial ownership with the SEC. Such persons are also required to furnish the Corporation with copies of all such reports they file.

Based solely upon a review of the reports filed pursuant to Section 16 of the Exchange Act, the Corporation believes that its directors and executive officers timely filed all reports required under Section 16.

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COMPENSATION DISCUSSION AND ANALYSIS

The Compensation Discussion and Analysis (CD&A) section of our Proxy Statement provides our shareholders with an explanation of our Named Executive Officer (NEO) compensation philosophy, programs, policies and decisions, all within the context of our business environment and performance. Our goal is to present a clear and concise overview of our executive compensation practices and describe key changes from last year.

The Corporation’s executive compensation program is designed to provide participating executives with an industry-competitive level of total compensation when their collective and individual performances meet or exceed the goals approved by the Board of Directors. We believe that the compensation program for executives should directly support the achievement of specific annual, long-term and strategic goals of the business, and, thereby, align the interests of executives with the interests of our shareholders. Accordingly, the program includes short and long-term incentive opportunities, but awards require that performance targets be met, subject to appropriate controls to ensure management is not incented to take excessive risk.

2025 Performance Highlights

Highlights for 2025 included the following:

| ● | On October 1, 2025, the Corporation completed its previously announced merger with Susquehanna Community Financial, Inc., (“Susquehanna”). Upon completion of the merger, shareholders of Susquehanna became entitled to exchange each share of Susquehanna common stock owned for 0.80 shares of the Corporation’s common stock. In total, the Corporation issued approximately 2.3 million shares of common stock to the former Susquehanna stockholders, resulting in total merger consideration valued at $44.6 million and an increase in the Corporation’s stockholders’ equity of $44.4 million, net of equity issuance costs. Susquehanna contributed, after fair value purchase accounting adjustments, approximately $596.2 million in total assets, $393.6 million in total loans, and $501.5 million in deposits at October 1, 2025. The Corporation incurred pre-tax merger-related expenses related to the Susquehanna transaction of $7,940,000 for the year ended December 31, 2025.

| ● | Net income for the year ended December 31, 2025 was $23,427,000 or $1.46 per diluted share, as compared to $25,958,000, or $1.69 per diluted share, for the year ended December 31, 2024. Excluding the impact of merger-related expenses, net of tax, adjusted earnings (non-GAAP) for the year ended December 31, 2025 were $29,777,000 or $1.85 per diluted share. See the Adjusted Ratios for Merger-Related Expenses- Non-GAAP Reconciliation in the Form 8-K filed on January 28, 2026. The addition of Susquehanna contributed to growth in net interest income, noninterest income and noninterest expenses. The significant variances between 2025 and 2024 included the following:

| ⮚ | Net interest income increased $12,738,000 from 2024 including the benefit of three months of income from growth in net earning assets resulting from the Susquehanna merger. Average total loans increased $137,995,000 or 7.3% and average total deposits increased $170,215,000, or 8.3%. The net interest margin was 3.61% for the year ended December 31, 2025, up from 3.30% in the corresponding period of 2024.

| ⮚ | For the year ended December 31, 2025, the provision for credit losses was $6,073,000, up from $2,195,000 in 2024. In 2025, the provision included the impact of increases in the allowance for credit losses (“ACL”) related to changes in qualitative factors. The ACL increased $11,013,000, to 1.32% of loans receivable at December 31, 2025 as compared to 1.06% at December 31, 2024, including the impact of an increase attributable to the Susquehanna acquisition and an increase related to changes in qualitative factors. For the year ended December 31, 2025, net charge-offs totaled $1,617,000, or 0.08% of average loans receivable as compared to net charge-offs for 2024 of $1,603,000, or 0.09% of average loans receivable.

| ⮚ | Noninterest income for 2025 was up $1,643,000 over 2024 including the impact from the Susquehanna acquisition of $665,000 in noninterest income. Interchange revenue from debit card transactions increased $347,000, net gains from sales of mortgage loans increased $325,000 and trust revenue increased $284,000.

| ⮚ | Noninterest expenses were higher by $13,731,000 from 2024 including $7,940,000 of merger-related expenses and the impact of the Susquehanna acquisition. Salaries and wages expense increased $2,456,000, including the impact of the Susquehanna acquisition and an increase of $387,000 in cash and stock-based incentive compensation. Other noninterest expense increased $1,174,000 including an increase of $808,000 in core deposit intangible amortization expense, including $773,000 related to core deposits assumed from Susquehanna, and there was a reduction in defined benefit postretirement medical benefit plan of $65,000 in 2025 compared to 2024 reduction in expense of $527,000. In 2024, the reduction in expense related to the defined benefit postretirement medical benefit plan included a curtailment gain of $469,000.

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| ⮚ | The income tax provision decreased $697,000, consistent with the decrease in pre-tax income of $3,228,000.

| ● | For 2025, the corporate performance-based payout to NEOs under the short-term incentive plan was 141.4% of target. The corporate performance component of the short-term incentive awards was calculated based on the Corporation’s pre-tax, pre-provision net revenue (PPNR) minus net charge-offs (NCOs) compared to the Corporation’s budget. PPNR includes net interest income plus noninterest income minus total noninterest expense but excludes the provision for credit losses, merger-related expenses, realized gains or losses on securities, the income tax provision and nonrecurring items included in earnings and includes income from tax-exempt securities and loans on a fully-taxable-equivalent basis. For 2025, the Corporation excluded merger-related expenses and the estimated earnings contribution resulting from the Susquehanna acquisition from the PPNR minus NCOs calculation as the 2025 budget did not include the acquisition.

2025 Key Compensation Decisions and Actions

The following is a summary of key actions taken by the Compensation Committee on executive compensation for 2025:

| ● | Base Salaries: The 2025 base salary for each NEO increased between 2% and 4% over the 2024 amount.
| ● | 2025 Short-Term Incentive Awards: Payouts to NEOs for 2025 ranged from 4.1% to 7.4% above target levels for all NEOs, or 29.1% to 42.4% of base salary. These awards included the following components: (1) corporate awards equal to 141.4% of target based on PPNR – NCOs of $39,559,000 for the year ended December 31, 2025, which exceeded the Corporation’s budget by 8.27%, (2) awards based on key performance indicators totaling 8.0% to 12.1% of base salary, and (3) awards based on individual performance ranging from 3.1% to 8.3% of base salary.
| ● | 2025 Long-Term Incentive Awards (LTIs): Equity awards to NEOs in 2025 had grant date fair values of 20% of 2024 base salary for Mr. Scovill, 17% of 2024 base salary for Mr. Hoose and 13% of 2024 base salary each for Mr. Hughes, Ms. Cwiklinski and Mr. Dunsmore. The awards included a mix based on 50% time-based restricted stock awards (“RSA”) and 50% performance-based restricted stock awards (“PRSA”). The time-based RSAs and PRSAs vest over three years, with one-third vesting on each anniversary date of the award. For PRSAs, awards only vest to the extent performance has been met for the prior year.
| ● | LTIs - 2025 Performance Outcome: Based on 2025 performance of (PPNR-NCOs)/Average Equity) and (PPNR-NCOs)/Average Assets) compared to the performance of a selected peer group (the “Performance Peer Group”) for the 12 months ended September 30, 2025, all of the potential shares for PRSA awards granted in 2024 and 2025 vested. In 2025, the Corporation met the performance condition included in the 2023 awards based on Core Return on Average Equity (Core ROAE) but did not meet the performance condition based on Core Return on Average Assets (Core ROAA). Accordingly, in the first quarter 2026, the following forfeitures of restricted stock occurred: Mr. Scovill – 472 shares; Mr. Hughes - 186 shares; Mr. Hoose – 209 shares; and Mr. Dunsmore - 142 shares.

Overview of the Executive Compensation Program

The Corporation’s executive compensation program includes fixed and variable compensation and benefit components, typical of programs among comparable community banking and financial services companies in our local and regional marketplace. The program is designed to provide participating executives with an industry-competitive level of total compensation when their collective and individual performances meet or exceed the goals approved by the Board of Directors.

Compensation Philosophy and Program Objectives

We believe that the compensation program for executives should directly support the achievement of specific annual, long-term and strategic goals of the business, and, thereby, align the interests of executives with the interests of our shareholders.

We believe the current program provides sufficient levels of fixed pay elements, in the forms of base salary and health and welfare benefits, to attract high caliber executive talent to the organization. It also provides annual and long-term incentive opportunities to encourage specific performance and to reward the successful efforts of executives. The incentive opportunities are structured to produce a performance-leveraged program format in which executives may derive a significant portion of their total compensation, depending on their role in the organization, from short and long-term incentive opportunities, but only when performance targets are met and subject to appropriate controls to ensure management is not incented to take excessive risk.

We believe that the features and composition of the current program provide a total compensation package for executive officers that is competitive in our marketplace but weighted toward variable pay based on corporate and individual performance, and which contributes to the creation of shareholder value.

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2025 Program Components

The following is a discussion of the primary purpose of each element within our executive compensation program.

| 1. | Base Salary. Base salaries are set to recognize the executive’s experience, responsibilities associated with the position and expectations with respect to the individual’s contributions to the Corporation. In setting or adjusting base salary levels for our NEOs, the Corporation considers the following factors: the executive’s position, individual performance, contribution to the Corporation, market salaries for similar positions, experience in the position, industry merit increase budgets, and the Corporation’s overall financial performance. Base salaries for the NEOs are reviewed and approved annually by the Compensation Committee no later than the first quarter of the fiscal year so the Compensation Committee can take into account results from the prior fiscal year-end performance.

| 2. | Short-Term (Annual) Incentives. The Corporation’s Annual Incentive Award Plan provides participating executives with opportunities to earn additional cash compensation in a given year when corporate and business unit operating results and individual performance contributions meet or exceed established thresholds. For 2025, corporate performance was measured using the percentage variance of PPNR-NCOs from the Corporation’s budget for the year ended December 31, 2025. The Committee believes the use of PPNR – NCOs, which is a non-U.S. GAAP measure, provides useful information for evaluating the Corporation’s financial performance in comparison to the Corporation’s budget without the impact of merger-related expenses, realized gains or losses on securities or unusual items or events that may obscure underlying performance. A reconciliation of the Corporation’s earnings under U.S. GAAP to PPNR – NCOs for the year ended December 31, 2025 is provided in Appendix A. Key performance indicators, for which actual results were compared to the budget, included average deposits (excluding brokered deposits), total revenue on a fully-taxable equivalent basis excluding the estimated revenue contribution from Susquehanna and realized gains or losses on securities, and the efficiency ratio. Each participant’s individual performance contribution is evaluated by his or her supervisor, with the Chief Executive Officer’s individual performance contribution evaluated by the Board of Directors. The Committee, in its discretion, may adjust or eliminate award payments under the Incentive Award Plan. All awards under the Incentive Award Plan are paid in cash as soon as it is practical after the end of a plan year.

| 3. | Long-term Incentives (“LTI”).

The Citizens & Northern Corporation 2023 Equity Incentive Plan (the “2023 Equity Plan”) provides for the use of equity incentives as a component of compensation for participating employees and independent directors and assists executive officers and independent directors in meeting the Board of Directors’ Stock Ownership requirements. The 2023 Equity Plan is intended to promote the Corporation’s long-term financial success by providing a means to attract, retain and reward individuals who contribute to that success and to further align their interests with those of the Corporation’s shareholders through the ownership of shares of common stock of the Corporation and/or through compensation tied to the value of the Corporation’s common stock. The Committee administers the 2023 Equity Plan.

In 2025, the Committee reviewed and recommended approval of restricted stock awards to executives based upon its assessment of individual performance, a review of the executive’s existing long-term incentives, and retention considerations, including LTI grants to its NEOs in the form of 50% RSAs and 50% PRSAs. RSAs granted to the Corporation’s and the Bank’s executive officers in 2025 vest equally over a three-year period. On each anniversary date of the 2025 RSAs, one-third of the total shares will be distributed based on the recipient’s satisfactory performance of his or her job.

The Corporation’s PRSAs granted in 2025 are structured in a way where performance is assessed at the end of each year within the three-year performance period. On each anniversary date, up to one-third of the total PRSA shares will be distributed based on the recipient’s satisfactory performance of his or her job and the Corporation’s attainment of an earnings-based performance standard. For the 2025 LTI awards, 50% of the PRSAs are evaluated based on (PPNR-NCOs)/ Average Equity performance while 50% are evaluated based on (PPNR-NCOs)/Average Assets performance. The Corporation’s level of performance is compared annually to that of the Performance Peer Group approved by the Committee. The minimum requirement for vesting based on (PPNR-NCOs)/Average Equity is the Corporation achieving the 35th percentile rank as compared to the applicable Performance Peer Group results, while the minimum requirement for vesting based on (PPNR-NCOs)/Average Assets is based on the Corporation achieving the 65th percentile rank as compared to the applicable Performance Peer Group results. All restricted shares not distributed due to the recipient’s unsatisfactory performance of his or her job or due to the Corporation failing to achieve the minimum (PPNR-NCOs)/Average Equity or (PPNR-NCOs)/Average Assets results are forfeited by the executive and revert back to the Corporation as of the anniversary date on which such determinations are made.

| 4. | Ownership Guidelines. In order to better align the interests of the NEOs with those of our shareholders, the Corporation requires that they own a number of shares of the Corporation’s common stock with fair market value equal to a percentage of his/her salary. At this time, the CEO is required to own a minimum amount of stock equal to three (3) times the previous year’s base salary and all other Executive Vice Presidents are required to own one (1) times the previous year’s base salary. Each executive officer has five (5) years from initial election or appointment by the Board of Directors to comply with the minimum ownership requirements. Currently, all NEOs meet the minimum requirements.

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| 5. | Health and Welfare Benefits. Executives participate in the Corporation’s qualified health and welfare benefits programs on the same terms and conditions as other employees of the Corporation.

| 6. | Nonqualified Benefits and Perquisites. Nonqualified benefits and perquisites that may be offered by the Corporation include participation in a supplemental retirement income plan (“SERP”), as well as, in many instances, use of a company-provided automobile. In a few instances, the Corporation pays a portion of an executive’s membership dues for a golf or social club, when such membership can facilitate the conduct of business with clients.

SERP - The SERP is intended to replace some of the benefits lost by executives under federally mandated restrictions on retirement income benefits to highly compensated employees under qualified retirement income plans like pensions and 401(k) plans. The Corporation’s SERP provides a retirement benefit to participants who retire after attaining age 55, with 5 years of Participation in the Plan. Participants vest earlier than age 55 in the event of disability, death or in the event of a change in control of the Corporation. Annual contributions to the SERP are at the discretion of the Board of Directors, and the Board may terminate the SERP at any time.

Historically, the Corporation’s annual contribution has been based on a formula designed to provide an annual benefit equal to 20% of the individual’s highest five-year average compensation and assumes retirement at age 65. In determining the annual contribution amounts, the Corporation assumes interest rates of 8% for preretirement and 6% for postretirement and utilizes a standard mortality table.

The annual contribution is deposited into each participant’s account held in a trust account at the Bank. While the Bank’s Wealth Management Group manages the trust assets, each participant may direct the investment of the funds credited to their account. All assets in the trust are subject to the claims of the Bank’s creditors in the event of insolvency. The actual amount available to be distributed to a participant at separation of service depends upon the return on the investment of the funds held in the account over time. The actual investment returns do not impact the Corporation’s determination of the annual contribution. Investment returns are allocated to participant accounts daily based on units held of each investment. Upon vesting, amounts credited to a participant’s account are payable, at the election of the participant, in monthly or annual installments.

Deferred Compensation Plan - The Corporation has a nonqualified Deferred Compensation Plan that allows selected officers the option to defer receipt of up to 100% of base salary plus any non-equity incentive plan compensation. The Compensation Committee of the Board of Directors determines employees eligible to participate (“Participants”). The Deferred Compensation Plan does not provide for Corporation contributions.

Participants are given an annual opportunity to elect, by entering into a Participation Agreement with the Corporation, to defer the receipt of eligible compensation by a dollar amount or percentage specified in the Participation Agreement. Participant contributions are deposited into each Participant’s account held in a trust account at the Bank. While the Bank’s Wealth Management Group manages the trust assets, each Participant may direct the investment of the funds credited to their account. All assets in the trust are subject to the claims of the Bank’s creditors in the event of insolvency. The Board of Directors may amend or terminate the Plan at any time; provided, however, that no such amendment or termination shall reduce the balance in any Participant’s account nor affect the terms of the Plan relating to the payment of any account.

Participants are fully vested in their accounts at all times. Upon separation from service, amounts credited to a participant’s account are payable, at the election of the participant, in monthly or annual installments.

| 7. | Employment Agreements. The Corporation has entered into Employment Agreements with Mr. Scovill, Mr. Hughes, Mr. Hoose and Ms. Cwiklinski, and a Change in Control Agreement with Mr. Dunsmore. The Employment Agreements and Change in Control Agreement are described in more detail on pages 39-40.

None of the named executive officers has a commitment from the Corporation for a tax gross-up payment in the event that their severance benefits exceed the deduction limitations under Internal Revenue Code Section 4999.

How We Make Decisions Regarding Named Executive Officer Compensation

The Compensation Committee, with the support of its independent compensation consultant and management, determines executive compensation programs, practices, and levels for full Board consideration and approval. Specific responsibilities are assigned in accordance with governance best practices. In making its determinations, the Compensation Committee considers data and analyses regarding a peer group and other internal studies. Below is an explanation of the key roles and responsibilities of each group, as well as how market data is integrated into the process.

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Role of the Compensation Committee. The Compensation Committee (“the Committee”) of the Board of Directors has primary responsibility for the design and administration of the executive compensation program. It reviews the make-up and administration of the executive compensation program throughout the year in light of changing organization needs and operating conditions and changing trends in industry practice. The Compensation Committee determines and approves the salaries, cash and equity incentive bonuses, equity awards, benefits and employment policies as they relate to the named executive officers, subject to full Board consideration and approval.

In making determinations regarding executive compensation, the Compensation Committee weighs an individual’s personal performance, the performance of his or her area of responsibility, and the overall performance of the Corporation. The performance of the Chief Executive Officer in each of these regards is evaluated by the Compensation Committee. The performance of each of the named executive officers (other than the Chief Executive Officer) is evaluated by the Chief Executive Officer and, for Mr. Rush and Ms. Cwiklinski, by the Chief Revenue Officer. The Compensation Committee reviews performance of the named executive officers on an annual basis and examines each named executive officer’s base salary, cash incentive bonus, and restricted stock award at such time.

The Compensation Committee has the authority to retain or obtain the services of compensation consultants or other advisors to provide compensation and benefit consulting services to the Committee. The independence of any such advisor is determined by the Compensation Committee prior to selecting or receiving advice from the advisor.

Role of Executive Management. Key members of the Corporation’s executive management attend Compensation Committee meetings at the Compensation Committee’s request to provide information and their perspective about executive compensation policies and programs. Management’s participation plays an important part in the development and continuation of benefit plans, and in determining appropriate levels of compensation. The Compensation Committee holds discussions with management in attendance to ensure that the Compensation Committee makes fully informed recommendations with respect to compensation matters that affect the Corporation’s operations and shareholder returns. Finally, the Corporation’s Chief Executive Officer participates in deliberations of the Compensation Committee on an ex-officio, non-voting basis, but does not participate during, or attend, deliberations concerning his own compensation. No member of management was present during the portion of any Compensation Committee meeting at which the Compensation Committee made determinations regarding such named executive officer’s compensation.

Role of the Compensation Consultant. The Compensation Committee utilizes the support of outside compensation experts in establishing the policies, programs, and levels of executive compensation. In 2025, the Compensation Committee engaged Pearl Meyer & Partners, LLC (Pearl Meyer) to serve as an independent consultant to the Committee regarding executive and director compensation matters.

In their role as the Corporation’s outside advisor, Pearl Meyer also responds to questions from the Compensation Committee and attends meetings as requested. Pearl Meyer reports directly to the Compensation Committee and, as directed by the Compensation Committee, works with management in support of the Committee. Pearl Meyer performed no services outside of those related to executive and director compensation for the Corporation in 2025. The Compensation Committee assessed the independence of Pearl Meyer and believes they are an independent advisor pursuant to the rules and standards promulgated by the SEC and NASDAQ.

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Role of Market Data/External Comparison. Annually, the Committee asks its independent compensation consultant to review proxy disclosures and survey sources on national and regional compensation practices within the Corporation’s industry group, focusing on pay levels and practices among community banking institutions based in the Mid-Atlantic Region. For the 2025 program planning review conducted in 2024, the independent compensation consultant applied the following filters in developing a recommended group of institutions to serve as the Corporation’s peer group (the “2025 Peer Group”):

| ● | included publicly traded commercial banks, and excluded thrifts, mutual holding companies and private banks; all institutions selected are traded on NASDAQ, NYSE or NYSE American;
| ● | included banking institutions with asset size ranging from approximately 0.5 to 2.0 times the Corporation’s asset size that were headquartered in Pennsylvania, New Jersey, New York, Maryland, West Virginia, and Ohio; and
| ● | gave preference to banking institutions with Trust Assets Under Management.

Based on these criteria, the following 21 institutions were selected for inclusion in the 2025 Peer Group:

ACNB Corporation | Codorus Valley Bancorp, Inc. | Norwood Financial Corp.
Arrow Financial Corporation | ESSA Bancorp, Inc. | Orange County Bancorp, Inc.
AmeriServ Financial, Inc. | Fidelity D&D Bancorp, Inc. | Orrstown Financial Services, Inc.
Chemung Financial Corporation | First United Corporation | Peoples Financial Services Corp.
Citizens Financial Services, Inc. | Franklin Financial Services Corporation | Penns Woods Bancorp, Inc.
Civista Bancshares, Inc. | LCNB Corp. | SB Financial Group, Inc.
CNB Financial Corporation | Mid Penn Bancorp, Inc. | Shore Bancshares, Inc

In addition to the custom peer group data, market data from various banking industry surveys is also utilized and reflects banks of similar asset size and region to that of the Corporation.

Program Review and Pay Decision Process. During the fourth quarter each year, the Committee (1) receives base salaries and annual and long-term incentive information on current executive compensation levels in the industry and industry program practices provided by its independent compensation consultant; (2) conducts a comprehensive review of the Corporation’s compensation program structure and provisions; and (3) considers salary and benefit adjustments and incentive awards for executives. After examining the information provided by its independent compensation consultant, the Committee determines whether (1) the content and structure of the Corporation’s compensation program is still competitive; (2) the current provisions remain consistent with the Corporation’s overall pay philosophy; and (3) the compensation program continues to support achievement of the Corporation’s business objectives.

After deciding on the program structure for the coming calendar year, the Committee examines the current compensation and benefit levels of incumbent executives in light of their continuing or changing roles in the business, the assessments of their individual performances by the Chief Executive Officer, and industry trends. The performance of the Chief Executive Officer is reviewed and appraised by the Committee, with input from all members of the Board of Directors. Based on the information gathered about each executive, the Committee formulates recommendations on possible salary adjustments for executives during the coming year. It also determines annual incentive awards for executives based on results achieved against goals and objectives defined at the beginning of the year and determines appropriate long-term incentive awards in the form of stock-based compensation. These recommendations are then presented to the full Board of Directors for consideration and approval.

As incentive awards for the current year are determined, the Committee also works with the Chief Executive Officer to construct executive performance plans for the coming year. The Committee formulates their recommendations on performance goals and award opportunities for Board consideration and approval.

The Committee may also be called upon to consider pay related decisions from time to time throughout the calendar year as executives are reassigned or new executives join the organization. In these instances, the Committee will review all aspects of the executive’s compensation, including base salary level, annual incentive opportunities, long-term incentive awards, participation in special benefit plans, and employment contract provisions, if applicable.

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2025 Executive Compensation Decisions

Base Salaries. For 2025, the Compensation Committee approved annual increases in base salary ranging between 2% and 4% for each of the Named Executive Officers in recognition of each executive’s contribution and performance.

Annual Incentive Awards. The table below presents the performance criteria, and the weighting of each criterion used in determining the annual incentive awards earned based upon 2025 performance for the named executive officers:

|  | Performance Criteria |  | Target Performance Result |  |  | Actual Performance Result |  |  | Criterion Weighting |  |  | Target % of Base Salary |  |  | Maximum % of Base Salary |  | Award % of Base Salary |
J. Bradley Scovill |  | Corporate Earnings Performance, |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | PPNR - NCOs Compared to Budget (1) |  | $36.536 Million |  |  | $39.559 Million |  |  | 50 | % |  | 17.5 | % |  | 26.3 | % | 24.7 | %
|  | Key Performance Indicators (2): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Annual Average Deposits, excluding Brokered Deposits |  | $2.100 Billion |  |  | $2.096 Billion |  |  | 10 | % |  | 3.5 | % |  | 5.3 | % | 3.2 | %
|  | Total Revenue |  | $115.7 Million |  |  | $117.2 Million |  |  | 10 | % |  | 3.5 | % |  | 5.3 | % | 4.0 | %
|  | Efficiency Ratio |  | 63.00 | % |  | 64.90 | % |  | 10 | % |  | 3.5 | % |  | 5.3 | % | 2.3 | %
|  | Individual Performance (3) |  |  |  |  |  |  |  | 20 | % |  | 7.0 | % |  | 10.5 | % | 8.3 | %
|  | Totals |  |  |  |  |  |  |  |  |  |  | 35.0 | % |  | 52.5 | % | 42.4 | %
Mark A. Hughes |  | Corporate Earnings Performance, |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | PPNR - NCOs Compared to Budget (1) |  | $36.536 Million |  |  | $39.559 Million |  |  | 50 | % |  | 15.0 | % |  | 22.5 | % | 21.2 | %
|  | Key Performance Indicators (2): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Annual Average Deposits, excluding Brokered Deposits |  | $2.100 Billion |  |  | $2.096 Billion |  |  | 10 | % |  | 3.0 | % |  | 4.5 | % | 2.7 | %
|  | Total Revenue |  | $115.7 Million |  |  | $117.2 Million |  |  | 10 | % |  | 3.0 | % |  | 4.5 | % | 3.4 | %
|  | Efficiency Ratio |  | 63.00 | % |  | 64.90 | % |  | 10 | % |  | 3.0 | % |  | 4.5 | % | 1.9 | %
|  | Individual Performance (3) |  |  |  |  |  |  |  | 20 | % |  | 6.0 | % |  | 9.0 | % | 7.5 | %
|  | Totals |  |  |  |  |  |  |  |  |  |  | 30.0 | % |  | 45.0 | % | 36.8 | %
Harold F. Hoose, III |  | Corporate Earnings Performance, |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | PPNR - NCOs Compared to Budget (1) |  | $36.536 Million |  |  | $39.559 Million |  |  | 45 | % |  | 13.5 | % |  | 20.3 | % | 19.1 | %
|  | Key Performance Indicators (2): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Annual Average Deposits, excluding Brokered Deposits |  | $2.100 Billion |  |  | $2.096 Billion |  |  | 15 | % |  | 4.5 | % |  | 6.8 | % | 4.1 | %
|  | Total Revenue |  | $115.7 Million |  |  | $117.2 Million |  |  | 15 | % |  | 4.5 | % |  | 6.8 | % | 5.1 | %
|  | Efficiency Ratio |  | 63.00 | % |  | 64.90 | % |  | 15 | % |  | 4.5 | % |  | 6.8 | % | 2.9 | %
|  | Individual Performance (3) |  |  |  |  |  |  |  | 10 | % |  | 3.0 | % |  | 4.5 | % | 3.8 | %
|  | Totals |  |  |  |  |  |  |  |  |  |  | 30.0 | % |  | 45.0 | % | 34.9 | %
Kelley Cwiklinkski |  | Corporate Earnings Performance, |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | PPNR - NCOs Compared to Budget (1) |  | $36.536 Million |  |  | $39.559 Million |  |  | 45 | % |  | 11.3 | % |  | 16.9 | % | 15.9 | %
|  | Key Performance Indicators (2): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Annual Average Deposits, excluding Brokered Deposits |  | $2.100 Billion |  |  | $2.096 Billion |  |  | 15 | % |  | 3.8 | % |  | 5.6 | % | 3.4 | %
|  | Total Revenue |  | $115.7 Million |  |  | $117.2 Million |  |  | 15 | % |  | 3.8 | % |  | 5.6 | % | 4.2 | %
|  | Efficiency Ratio |  | 63.00 | % |  | 64.90 | % |  | 15 | % |  | 3.8 | % |  | 5.6 | % | 2.4 | %
|  | Individual Performance (3) |  |  |  |  |  |  |  | 10 | % |  | 2.5 | % |  | 3.8 | % | 3.1 | %
|  | Totals |  |  |  |  |  |  |  |  |  |  | 25.0 | % |  | 37.5 | % | 29.1 | %
Stan R. Dunsmore |  | Corporate Earnings Performance, |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | PPNR - NCOs Compared to Budget (1) |  | $36.536 Million |  |  | $39.559 Million |  |  | 45 | % |  | 11.3 | % |  | 16.9 | % | 15.9 | %
|  | Key Performance Indicators (2): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Annual Average Deposits, excluding Brokered Deposits |  | $2.100 Billion |  |  | $2.096 Billion |  |  | 15 | % |  | 3.8 | % |  | 5.6 | % | 3.4 | %
|  | Total Revenue |  | $115.7 Million |  |  | $117.2 Million |  |  | 15 | % |  | 3.8 | % |  | 5.6 | % | 4.2 | %
|  | Efficiency Ratio |  | 63.00 | % |  | 64.90 | % |  | 15 | % |  | 3.8 | % |  | 5.6 | % | 2.4 | %
|  | Individual Performance (3) |  |  |  |  |  |  |  | 10 | % |  | 2.5 | % |  | 3.8 | % | 3.1 | %
|  | Totals |  |  |  |  |  |  |  |  |  |  | 25.0 | % |  | 37.5 | % | 29.1 | %

- 25 -

| (1) | The Corporate Earnings Performance award was calculated based upon the comparison of PPNR-NCOs with the Corporation’s budgeted results for the year ended December 31, 2025. The chart below was used to determine the incentive opportunity percentage of base salary from which a participant’s cash incentive award would be paid:

|  | Threshold |  |  | Target |  |  | Maximum |  |  | Actual |
PPNR-NCOs |  | $ | 32,882 |  |  | $ | 36,536 |  |  | $ | 40,190 |  |  | $ | 39,559 |
PPNR-NCOs $ Variance from Budget |  | $ | (3,654 | ) |  |  | 0 |  |  | $ | 3,654 |  |  | $ | 3,023 |
PPNR-NCOs % Variance from Budget |  |  | -10 | % |  |  | 0 |  |  |  | 10 | % |  |  | 8.27 | %
Corporate Payout |  |  | 33 | % |  |  | 100 | % |  |  | 150 | % |  |  | 141.4 | %

For purposes of calculating the percentage variance of the Corporation’s PPNR-NCOs from the budget, the Corporation’s earnings as determined under U.S. Generally Accepted Accounting Principles (U.S. GAAP) were adjusted to eliminate amounts the Committee determined to be appropriate and consistent with the 2025 Annual Incentive Award Plan document. Reconciliation of the Corporation’s earnings for the year ended December 31, 2025, under U.S. GAAP to the non-GAAP earnings amount used in the incentive award calculation is provided in Appendix A.

| (2) | Certain performance measurements were identified by the Corporation as 2025 Key Performance Indicators (“KPIs”). In order for the NEOs to have the opportunity to earn the incentive award amounts indicated in the table for each KPI, the Corporation had to first meet certain risk management requirements as measured by specific Key Risk Indicators (“KRIs”). The KRIs functioned as a pass/fail mechanism. As of September 30, 2025, if the Corporation’s Total Summary KRI Value were to fall outside of the middle range of possible values, or if the risk rating for any individual category were at an elevated level, the NEOs would have been ineligible for an incentive award based on the KPIs. As of September 30, 2025, the Total KRI Summary Value and values for each risk category were at acceptable levels. Accordingly, the NEOs were eligible for incentive awards based on the KPIs. The Committee determined that it would be appropriate to exclude the financial impact of the Susquehanna acquisition from the calculation of the KPIs as target award criterion were determined before the Corporation entered into an agreement to merge with Susquehanna. The KPIs used in 2025 were as follows:

| ● | The target award criterion for annual average deposits was 100% of the Corporation’s 2025 budgeted annual average deposits, excluding brokered deposits and the average deposits from the Susquehanna acquisition. For the year ended December 31, 2025, average brokered deposits were $11.1 million and average deposits from the Susquehanna acquisition were $121.0 million. Total average annual deposits in 2025, excluding brokered deposits and average deposits from the Susquehanna acquisition, were $2.096 billion, or 99.8% of the Corporation’s 2025 budgeted amount.

| ● | Total Revenue was calculated based on the Corporation’s consolidated financial results for 2025, including income from tax-exempt securities and loans on a fully-taxable-equivalent basis but excluding the estimated revenue contribution from the Susquehanna acquisition and realized gains on available-for-sale debt securities. The target award criterion was 100% of the Corporation’s 2025 budgeted Total Revenue. For the year ended December 31, 2025, Total Revenue was $117.2 million, or 101.3% of the target amount. See Appendix A for reconciliation of net interest income and noninterest income under U.S GAAP for 2025 to Total Revenue of $117.2 million as included in the Efficiency Ratio calculation.

| ● | The Efficiency Ratio was calculated based on the Corporation’s consolidated financial results for 2025 by dividing: (a) total noninterest expense, as adjusted, by (b) Total Revenue, as adjusted. See Appendix A for the Efficiency Ratio calculation, including adjustments from amounts reported under U.S. GAAP. The target Efficiency Ratio for 2025 was 63% and the threshold based on the budget was 66.57%. The Corporation’s Efficiency Ratio for 2025 was 64.90%.

| (3) | The Individual Performance awards were based on each individual’s overall performance evaluation.

Mr. Scovill recommended the Individual Performance awards for the other NEOs, and after discussion of the performance criteria for each individual, the recommended awards were approved by the Compensation Committee and ratified by the Board of Directors.

Mr. Scovill’s Individual Performance award was determined by the Board of Directors, based on recommendation of the Compensation Committee, and based on assessment of Mr. Scovill’s contributions to overall corporate performance.

- 26 -

Long-term Performance Incentives. As a part of our annual compensation review process, we worked with our independent compensation consultant in 2024 to review pay opportunities relative to market and used those results to make changes/pay decisions for 2025. As a result of this review, the Committee elected to grant equity awards, including time-based and performance-based awards in January 2025. The awards consist of 50% RSAs for which 1/3 of the shares vest annually over a 3-year period and 50% of PRSAs for which 1/3 of the shares vest annually, subject to meeting performance conditions, over a 3-year period. The awards granted in 2025 are as follows:

Name |  | Title |  | 2024 Base Salary |  |  | LTI Award as % of Base Salary |  |  | Grant Date Fair Value of LTI Awards |  |  | Grant Date |  | Grant Date Share Price |  |  | # of Shares Granted |
J. Bradley Scovill |  | Chief Executive Officer |  | $ | 592,000 |  |  |  | 20.0 | % |  | $ | 118,394 |  |  | 1/31/2025 |  | $ | 21.99 |  |  |  | 5,384 |
Mark A. Hughes |  | EVP and Chief Financial Officer |  | $ | 345,800 |  |  |  | 13.3 | % |  | $ | 46,091 |  |  | 1/31/2025 |  | $ | 21.99 |  |  |  | 2,096 |
Harold F. Hoose, III |  | EVP and Chief Revenue Officer |  | $ | 312,000 |  |  |  | 16.7 | % |  | $ | 51,984 |  |  | 1/31/2025 |  | $ | 21.99 |  |  |  | 2,364 |
Kelley A. Cwiklinski |  | EVP and Chief Commercial Lending Officer |  | $ | 306,600 |  |  |  | 13.3 | % |  | $ | 40,857 |  |  | 1/31/2025 |  | $ | 21.99 |  |  |  | 1,858 |
Stan R. Dunsmore |  | EVP and Chief Credit Officer |  | $ | 266,240 |  |  |  | 13.3 | % |  | $ | 35,492 |  |  | 1/31/2025 |  | $ | 21.99 |  |  |  | 1,614 |

Evaluation of PRSAs.

The Corporation’s PRSAs granted annually in 2023 - 2025 were structured in a way where performance was assessed at the end of each year within the three-year performance period. On each anniversary date, up to one-third of the total PRSA shares were distributed based on the recipient’s satisfactory performance of his or her job and the Corporation’s attainment of an earnings-based performance standard. The Corporation’s level of performance is compared annually to that of the Performance Peer Group. The Performance Peer Group used to evaluate the Corporation’s performance in 2025 for the awards granted in 2023 – 2025 included all public banking institutions with asset size ranging from approximately 0.5 to 2.0 times the Corporation’s asset size that were headquartered in Pennsylvania, New Jersey, New York, Maryland, West Virginia, and Ohio as of September 30, 2025. In 2025, PRSAs were evaluated based on performance for the 12-month period ended September 30, 2025.

For the 2023 LTI awards, 50% of the PRSAs are evaluated based on Core Return on Average Equity (Core ROAE) performance while 50% are evaluated based on Core Return on Average Assets (Core ROAA) performance. The minimum requirement for vesting based on Core ROAE is the Corporation achieving the 35th percentile rank as compared to peer group results, while the minimum requirement for vesting based on Core ROAA is based on the Corporation achieving the 65th percentile rank as compared to peer group results.

For the 2025 and 2024 LTI awards, 50% of the PRSAs are evaluated based on (PPNR-NCOs)/Average Equity performance while 50% are evaluated based on (PPNR-NCOs)/Average Assets performance. The minimum requirement for vesting based on (PPNR-NCOs)/Average Equity is the Corporation achieving the 35th percentile rank as compared to Performance Peer Group results, while the minimum requirement for vesting based on (PPNR-NCOs)/Average Assets is based on the Corporation achieving the 65th percentile rank as compared to Performance Peer Group results.

In 2025, the Committee determined that the Corporation met the minimum profitability-based threshold for 2025 performance applicable to the 2024 and 2025 awards. For the 2023 awards, the Committee determined that the Corporation met the minimum profitability-based threshold for Core ROAE but the minimum requirement for vesting based on Core ROAA was not met. The following table summarizes the 2025 performance results of the assessment.

|  |  |  |  |  | Profitability- |  |  |  |  |  |  |  |
|  |  |  | Profitability- |  | based |  |  |  |  |  |  |  |
Grant |  | Vesting |  | based |  | Percentile |  | Corporation |  |  | Peer |  |  | Threshold
Date |  | Date |  | Indicator |  | Threshold |  | Result |  |  | Threshold |  |  | Achievement
1/31/2023 |  | 1/30/2026 |  | Core ROAE |  | 35th |  | 10.08 | % |  | 9.73 | % |  | Achieved
1/31/2023 |  | 1/30/2026 |  | Core ROAA |  | 65th |  | 1.08 | % |  | 1.17 | % |  | Not Achieved
2/20/2024 |  | 2/20/2026 |  | (PPNR-NCOs)/Average Equity |  | 35th |  | 13.79 | % |  | 12.77 | % |  | Achieved
2/20/2024 |  | 2/20/2026 |  | (PPNR-NCOs)/Average Assets |  | 65th |  | 1.49 | % |  | 1.47 | % |  | Achieved
1/31/2025 |  | 1/30/2026 |  | (PPNR-NCOs)/Average Equity |  | 35th |  | 13.79 | % |  | 12.77 | % |  | Achieved
1/31/2025 |  | 1/30/2026 |  | (PPNR-NCOs)/Average Assets |  | 65th |  | 1.49 | % |  | 1.47 | % |  | Achieved

Reconciliation of the Corporation’s earnings under U.S. GAAP to PPNR – NCOs and Core earnings used in measuring Core ROAE and Core ROAA is provided in Appendix A.

- 27 -

Consideration of Say-On-Pay Advisory Vote

At our 2025 annual meeting of shareholders, approximately 71% of our shareholders who voted on the “say-on-pay” proposal (excluding broker non-votes and abstentions) approved the compensation we pay to our named executive officers. The Compensation Committee believes that the shareholder vote reflects fundamental support for our compensation philosophy. Accordingly, we have not modified our practices or philosophy as a result of the 2025 advisory vote.

The Corporation’s current practice is to conduct a say-on-pay advisory vote each year. The Compensation Committee values the opinions of shareholders and carefully evaluates the say-on-pay advisory vote results when determining future compensation.

Risk Management

We do not believe that the Corporation’s compensation programs and practices present any risks that are reasonably likely to have a material adverse effect on the Corporation.

The Committee believes that the direct compensation components of the executive compensation program—salary, annual incentive opportunities, equity grants—are reasonable, competitive and approximate the median of prevailing industry practices. The Committee intends to maintain the current leveraged approach to total compensation, directly tying a significant portion of an executive’s total earnings to achievements against goals and objectives approved by the Board of Directors, while balancing the approach with appropriate controls to ensure that management is not incented to take excessive risks.

Recoupment Policy

The Corporation has an executive compensation recoupment policy pursuant to which annual cash bonuses, stock-based awards, performance-based compensation and other forms of cash or equity compensation other than salary paid to executive officers are subject to a “clawback” pursuant to the recoupment policy in the event the Corporation is required to restate its audited financial statements due to material non-compliance with financial reporting requirements under the securities laws. This policy aligns with Nasdaq listing standards regarding “clawback” policies.

Equity Award Timing Policies and Practices

The Corporation does not grant equity awards in anticipation of the release of material nonpublic information and does not time the release of material nonpublic information based on equity award grant dates or for the purpose of affecting the value of executive compensation. In addition, the Corporation does not take material nonpublic information into account when determining the timing and terms of such awards. Although the Corporation does not have a formal policy with respect to the timing of our equity award grants, the Compensation Committee has historically granted such awards on a predetermined annual schedule. In 2025, the Corporation did not grant new awards of stock options to our Named Executive Officers during the time period outlined in Item 402(x) of Regulation S-K.

Insider Trading Policy

The Corporation has an insider trading policy (the “Insider Trading Policy”) that governs the purchase, sale and other transactions of our securities by directors, officers and employees, and their respective family members and controlled entities. The Insider Trading Policy is designed to promote compliance with insider trading laws, rules and regulations, and the Nasdaq Listing Standards. The Insider Trading Policy also prohibits persons covered by the policy from engaging in certain speculative transactions or transactions designed to offset decreases in the market value of our securities, including short sales, publicly-traded options and hedging.

- 28 -

Executive Compensation Tables

The following tables set forth for the fiscal years ended December 31, 2025, 2024 and 2023, the compensation which the Corporation and its subsidiaries paid to its named executive officers.

Summary Compensation Table

The following table contains information with respect to annual compensation for services in all capacities to the Corporation and the Bank for the fiscal year ended December 31, 2025, with comparative information for 2024 and 2023, of those persons who were, (i) the Chief Executive Officer, (ii) the Chief Financial Officer and (iii) the other three most highly compensated executive officers other than the Chief Executive Officer and the Chief Financial Officer to the extent such person’s total compensation exceeded $100,000 (collectively, the “named executive officers”):

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Change in |  |  |  |  |  |  |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Pension Value |  |  |  |  |  |  |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | and |  |  |  |  |  |  |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Non-Equity |  |  | Nonqualified |  |  | All |  |  |  |
|  |  |  |  |  |  |  |  |  |  | Stock |  |  | Option |  |  | Incentive Plan |  |  | Deferred Plan |  |  | Other |  |  |  |
|  |  |  |  |  |  |  | Bonus |  |  | Awards |  |  | Awards |  |  | Compensation |  |  | Compensation |  |  | Compensation |  |  |  |
Name and |  |  |  |  | Salary |  |  | (1) |  |  | (2), (3) |  |  | (4) |  |  | (5) |  |  | (6) |  |  | (7) |  |  | Total |
Principal Position |  | Year |  |  | ($) |  |  | ($) |  |  | ($) |  |  | ($) |  |  | ($) |  |  | ($) |  |  | ($) |  |  | ($) |
J. BRADLEY SCOVILL |  | 2025 |  |  | 605,000 |  |  | 0 |  |  | 118,394 |  |  | 0 |  |  | 248,838 |  |  | 0 |  |  | 69,267 |  |  | 1,041,499 |
President and |  | 2024 |  |  | 592,000 |  |  | 0 |  |  | 577,792 |  |  | 0 |  |  | 205,012 |  |  | 0 |  |  | 70,441 |  |  | 1,445,245 |
Chief Executive Officer |  | 2023 |  |  | 575,000 |  |  | 0 |  |  | 132,301 |  |  | 0 |  |  | 146,168 |  |  | 0 |  |  | 372,118 |  |  | 1,225,587 |
MARK A. HUGHES |  | 2025 |  |  | 352,920 |  |  | 500 |  |  | 46,091 |  |  | 0 |  |  | 129,719 |  |  | 0 |  |  | 114,062 |  |  | 643,292 |
Executive Vice President |  | 2024 |  |  | 345,800 |  |  | 500 |  |  | 66,467 |  |  | 0 |  |  | 113,379 |  |  | 0 |  |  | 88,800 |  |  | 614,946 |
and Chief Financial Officer |  | 2023 |  |  | 332,500 |  |  | 500 |  |  | 51,930 |  |  | 0 |  |  | 77,436 |  |  | 0 |  |  | 92,850 |  |  | 555,216 |
HAROLD F. HOOSE, III |  | 2025 |  |  | 321,360 |  |  | 500 |  |  | 51,984 |  |  | 0 |  |  | 112,173 |  |  | 0 |  |  | 66,634 |  |  | 552,651 |
Executive Vice President |  | 2024 |  |  | 312,000 |  |  | 500 |  |  | 74,986 |  |  | 0 |  |  | 100,311 |  |  | 0 |  |  | 61,978 |  |  | 549,775 |
and Chief Revenue Officer |  | 2023 |  |  | 300,000 |  |  | 500 |  |  | 58,515 |  |  | 0 |  |  | 55,429 |  |  | 0 |  |  | 69,471 |  |  | 483,915 |
KELLEY CWIKLINSKI |  | 2025 |  |  | 319,280 |  |  | 500 |  |  | 40,857 |  |  | 0 |  |  | 92,872 |  |  | 0 |  |  | 39,379 |  |  | 492,888 |
Executive Vice President and |  | 2024 |  |  | 306,600 |  |  | 500 |  |  | 58,375 |  |  | 0 |  |  | 82,146 |  |  | 0 |  |  | 38,544 |  |  | 486,165 |
Chief Commercial Lending Officer |  | 2023 |  |  | 292,000 |  |  | 500 |  |  | 21,856 |  |  | 0 |  |  | 46,782 |  |  | 0 |  |  | 46,905 |  |  | 408,043 |
STAN R. DUNSMORE |  | 2025 |  |  | 274,227 |  |  | 500 |  |  | 35,492 |  |  | 0 |  |  | 79,767 |  |  | 11,735 |  |  | 88,726 |  |  | 490,447 |
Executive Vice President |  | 2024 |  |  | 266,240 |  |  | 500 |  |  | 51,191 |  |  | 0 |  |  | 71,332 |  |  | 0 |  |  | 79,815 |  |  | 469,078 |
and Chief Credit Officer |  | 2023 |  |  | 256,000 |  |  | 500 |  |  | 40,045 |  |  | 0 |  |  | 39,416 |  |  | 17,009 |  |  | 81,608 |  |  | 434,578 |

(1) The bonus amounts were paid pursuant to discretionary “holiday awards” that were paid in December of each year to essentially all employees except the Chief Executive Officer.

(2) The grant date fair market value of stock awards is computed in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (the “ASC”) topic 718, “Compensation—Stock Compensation,” excluding the effect of estimated forfeitures. The value used for restricted stock awards is based on the market value of the stock at the grant date. The amounts shown in the “Stock Awards” column equal the values of restricted stock awards determined based on the average of the high and low stock price at each grant date. For 2025, the value as of the January 31, 2025 grant date of time-based awards was $21.99 per share. For 2024, the value as of the January 31, 2024 grant date of time-based awards was $21.385 per share, the value as of the February 20, 2024 grant date of performance-based awards was $19.20 and the value as of the July 30, 2024 grant date to Mr. Scovill pursuant to an amended employment agreement was $20.265. For 2023, the value as of the January 31, 2023 grant date was $23.35 per share.

With the exception of the award to Mr. Scovill pursuant to an amended employment agreement, restricted stock awards to NEOs under the Stock Incentive Plan in 2025, 2024 and 2023 provided for vesting over a three-year term, with vesting for half of the shares dependent on satisfactory performance (time vesting) and vesting for half of the shares based on time vesting and upon the Corporation meeting defined performance conditions. In 2025, the Corporation met the performance conditions for 2025 and 2024 awards while 50% of the performance conditions for the 2023 awards were not met. Accordingly, in the first quarter 2026, the following forfeitures occurred: Mr. Scovill – 472 shares; Mr. Hughes – 186 shares; Mr. Hoose – 209 shares; Mr. Dunsmore - 142 shares. In 2024 and 2023, the Corporation met the performance conditions defined in the applicable awards.

- 29 -

(3) On July 30, 2024, the Corporation granted 20,000 shares of restricted stock to Mr. Scovill pursuant to the amended and restated Employment Agreement entered into on May 22, 2024. The total value of this stock award included in the table was $405,300. Unless events defined in the Employment Agreement occur, the shares of restricted stock will vest on April 30, 2027.

(4) There were no options awarded in 2025, 2024 or 2023.

(5) The amounts shown in the “Non-Equity Incentive Plan Compensation” column were paid pursuant to the Incentive Award Plan, which is described in the “Program Components” section of Compensation Discussion and Analysis.

(6) The amounts shown in the column headed “Change in Pension Value and Nonqualified Deferred Plan Compensation” are attributable to Mr. Dunsmore’s participation in the Citizens Trust Company Pension Plan, a defined benefit pension plan. This plan covers certain employees who were employed by Citizens Trust Company on December 31, 2002, when the plan was amended to discontinue admittance of any future participants and to freeze benefit accruals. The Corporation acquired Citizens Bancorp, Inc. and its wholly-owned subsidiary, Citizens Trust Company, effective May 1, 2007. Mr. Dunsmore is the only Named Executive Officer who is a participant in this plan. The present value of accumulated benefit increased by $11,735 in 2025 and by $17,009 in 2023 and both amounts are included in the Summary Compensation Table. In 2024, the present value of Mr. Dunsmore’s accumulated benefit decreased; therefore, a value of $0 is include in the Summary Compensation Table for 2024. The discount rate used to calculate the present value of accumulated plan benefit was 5.35% at December 31, 2025 and at December 31, 2024 and 4.80% at December 31, 2023.

(7) Amounts shown as “All Other Compensation” include the following:

ALL OTHER COMPENSATION TABLE
|  |  |  |  | Employer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  | Contributions |  |  | Employer |  |  | Employer |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  | to the |  |  | Contributions |  |  | Contributions to |  |  | Dollar Value of |  |  |  |  |  |  |  |  |  |
|  |  |  |  | Employee |  |  | to the 401 (k) |  |  | the Supplemental |  |  | Insurance Premium |  |  | Dividends |  |  | Perquisites |  |  |  |
|  |  |  |  | Stock |  |  | Employee |  |  | Executive |  |  | paid for Group- |  |  | Paid on |  |  | and Other |  |  |  |
|  |  |  |  | Ownership |  |  | Savings |  |  | Retirement |  |  | Term Life and Long- |  |  | Restricted |  |  | Personal |  |  |  |
|  |  |  |  | Plan |  |  | Plan |  |  | Plan (SERP) |  |  | Term Disability |  |  | Stock |  |  | Benefits(1) |  |  | Total |
Name |  | Year |  |  | ($) |  |  | ($) |  |  | ($) |  |  | ($) |  |  | ($) |  |  | ($) |  |  | ($) |
J. Bradley Scovill |  | 2025 |  |  | 7,000 |  |  | 17,500 |  |  | 0 |  |  | 7,020 |  |  | 4,922 |  |  | 32,825 |  |  | 69,267 |
|  | 2024 |  |  | 6,900 |  |  | 16,500 |  |  | 0 |  |  | 7,020 |  |  | 9,942 |  |  | 30,079 |  |  | 70,441 |
|  | 2023 |  |  | 13,200 |  |  | 16,500 |  |  | 289,639 |  |  | 3,980 |  |  | 18,103 |  |  | 30,696 |  |  | 372,118 |
Mark A. Hughes |  | 2025 |  |  | 7,000 |  |  | 17,500 |  |  | 83,071 |  |  | 3,980 |  |  | 1,911 |  |  | 600 |  |  | 114,062 |
|  | 2024 |  |  | 6,900 |  |  | 16,500 |  |  | 56,868 |  |  | 3,980 |  |  | 3,952 |  |  | 600 |  |  | 88,800 |
|  | 2023 |  |  | 13,200 |  |  | 16,500 |  |  | 51,306 |  |  | 3,980 |  |  | 7,264 |  |  | 600 |  |  | 92,850 |
Harold F. Hoose, III |  | 2025 |  |  | 7,000 |  |  | 17,500 |  |  | 30,201 |  |  | 2,833 |  |  | 2,156 |  |  | 6,944 |  |  | 66,634 |
|  | 2024 |  |  | 6,900 |  |  | 16,500 |  |  | 26,224 |  |  | 2,833 |  |  | 4,405 |  |  | 5,116 |  |  | 61,978 |
|  | 2023 |  |  | 13,200 |  |  | 16,500 |  |  | 23,523 |  |  | 2,833 |  |  | 7,972 |  |  | 5,443 |  |  | 69,471 |
Kelley A. Cwiklinski |  | 2025 |  |  | 7,000 |  |  | 17,500 |  |  | 0 |  |  | 3,980 |  |  | 1,299 |  |  | 9,600 |  |  | 39,379 |
|  | 2024 |  |  | 6,900 |  |  | 16,500 |  |  | 0 |  |  | 3,980 |  |  | 1,564 |  |  | 9,600 |  |  | 38,544 |
|  | 2023 |  |  | 13,200 |  |  | 16,500 |  |  | 0 |  |  | 3,801 |  |  | 3,804 |  |  | 9,600 |  |  | 46,905 |
Stan R. Dunsmore |  | 2025 |  |  | 6,921 |  |  | 17,303 |  |  | 57,485 |  |  | 4,944 |  |  | 1,473 |  |  | 600 |  |  | 88,726 |
|  | 2024 |  |  | 6,123 |  |  | 15,308 |  |  | 49,866 |  |  | 4,868 |  |  | 3,050 |  |  | 600 |  |  | 79,815 |
|  | 2023 |  |  | 11,100 |  |  | 13,875 |  |  | 45,636 |  |  | 4,805 |  |  | 5,592 |  |  | 600 |  |  | 81,608 |

| (1) | Perquisites and other personal benefits include the estimated personal use portion of the cost of a company-supplied automobile and personal reimbursement for cell phones and club memberships, which were used primarily, but not exclusively, for business purpose

- 30 -

Grants of Plan-Based Awards

The following table sets forth information concerning awards granted to the named executive officers for the year ended December 31, 2025 under the 2023 Stock Incentive Plan.

Grants of Plan-Based Awards

|  |  |  | Board/ Committee |  | Estimated Future Payouts Under Non- Equity Incentive Awards (a) |  |  | Estimated Future Payouts Under Equity Incentive Plan Awards (b) |  |  | Grant Date Fair Value of |
|  | Grant |  | Action |  | Threshold |  |  | Target |  |  | Maximum |  |  | Threshold |  |  | Target |  |  | Maximum |  |  | Stock |
Name |  | Date |  | Date |  | $ |  |  | $ |  |  | $ |  |  | # |  |  | # |  |  | # |  |  | Awards ($) (b) |
J. Bradley Scovill |  | 1/31/2025 |  | 1/23/2025 |  | 70,604 |  |  | 211,750 |  |  | 317,625 |  |  | 2,692 |  |  | 8,076 |  |  | 12,115 |  |  | 118,394 |
Mark A. Hughes |  | 1/31/2025 |  | 1/23/2025 |  | 35,292 |  |  | 105,876 |  |  | 158,814 |  |  | 1,048 |  |  | 3,145 |  |  | 4,718 |  |  | 46,091 |
Harold F. Hoose |  | 1/31/2025 |  | 1/23/2025 |  | 32,136 |  |  | 96,408 |  |  | 144,612 |  |  | 1,182 |  |  | 3,547 |  |  | 5,321 |  |  | 51,984 |
Kelley A. Cwiklinski |  | 1/31/2025 |  | 1/23/2025 |  | 26,596 |  |  | 79,820 |  |  | 119,730 |  |  | 930 |  |  | 2,789 |  |  | 4,183 |  |  | 40,857 |
Stan R. Dunsmore |  | 1/31/2025 |  | 1/23/2025 |  | 22,843 |  |  | 68,557 |  |  | 102,835 |  |  | 807 |  |  | 2,421 |  |  | 3,632 |  |  | 35,492 |

| (a) | Compensation opportunities under the Corporation’s Annual Incentive Award were established based on a percentage of 2025 base salary as recommended by the Compensation Committee and approved by the Board of Directors on January 23, 2025. Additional information related to the Annual Incentive Award Plan, including the performance criteria and amounts awarded for 2025 (expressed as a percentage of 2025 base salary), are provided in the Compensation Discussion and Analysis section of this proxy statement.

| (b) | The grant date fair market value of stock awards is computed in accordance with ASC topic 718, “Compensation—Stock Compensation.” The value used for restricted stock awards is based on the market value of the stock at the grant date, with no assumed forfeitures. The market value per share of the January 31, 2025 awards was $21.99.

Restricted stock awards to NEOs under the Stock Incentive Plan in 2025 provide for vesting over a three-year term, with vesting for half of the shares dependent on satisfactory performance (time vesting) and vesting for half of the shares based on time vesting and upon the Corporation’s attainment of earnings-based performance-based standards, based on the following criteria:

| ● | Release of 50% (one-sixth of the total shares awarded) each year based on the Corporation achieving a percent ranking of at least 35% of (PPNR-NCOs)/Average Equity within a defined peer group of bank holding companies and thrifts for the defined measurement period as determined by the Compensation Committee.
| ● | Release of 50% (one-sixth of the total shares awarded) each year based on the Corporation achieving a percent ranking of at least 65% of (PPNR-NCOs)/Average Assets within a defined peer group of bank holding companies and thrifts for the defined measurement period as determined by the Compensation Committee.

In 2025, the Corporation met the performance conditions defined in the awards for the 2025 and 2024 awards and met 50% of the performance condition defined in the awards for 2023 but 50% did not meet the performance condition as defined in the 2023 awards.

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Outstanding Equity Awards at Fiscal Year-End

The following table sets forth information with respect to non-vested stock awards as of December 31, 2025 for the named executive officers. There were no outstanding stock option awards for the named executive officers as of December 31, 2025.

|  |  | Stock Awards |
|  |  |  |  |  |  | Market |
|  |  | Number of |  |  |  | Value of |
|  |  | Shares or |  |  |  | Shares or |
|  |  | Units of |  |  |  | Units of |
|  |  | Stock |  |  |  | Stock |
|  |  | That Have |  |  |  | That Have |
|  |  | Not Vested |  |  |  | Not Vested |
Name |  |  | (#) |  |  |  | ($) |
J. Bradley Scovill |  |  | 32,954 |  |  | $ | 664,682 |
Mark A. Hughes |  |  | 5,027 |  |  | $ | 101,395 |
Harold F. Hoose, III |  |  | 5,669 |  |  | $ | 114,344 |
Kelley A. Cwiklinski |  |  | 4,093 |  |  | $ | 82,556 |
Stan R. Dunsmore |  |  | 3,871 |  |  | $ | 78,078 |

Option Exercises and Stock Vested

The following table sets forth information concerning the value realized on the vesting of restricted stock during 2025 for each of the named executive officers. There were no exercises of stock options by executive officers in 2025.

|  |  | Stock Awards |
|  |  | Number of |  |  |  |  |
|  |  | Shares Acquired |  |  |  | Value Realized |
|  |  | on Vesting |  |  |  | On Vesting |
Name |  |  | (#) |  |  |  | ($) |
J. Bradley Scovill |  |  | 7,722 |  |  |  | 165,244 |
Mark A. Hughes |  |  | 3,035 |  |  |  | 64,945 |
Harold F. Hoose, III |  |  | 3,408 |  |  |  | 72,927 |
Kelley A. Cwiklinski |  |  | 1,783 |  |  |  | 38,179 |
Stan R. Dunsmore |  |  | 2,343 |  |  |  | 50,137 |

CEO Pay Ratio

The SEC requires disclosure of the ratio of the median employee’s annual total compensation to the total compensation of the principal executive officer (“PEO”). This ratio is commonly referred to as the “CEO Pay Ratio.” The Corporation’s PEO is Mr. Scovill, the President and Chief Executive Officer (“CEO”).

For 2025, the annual total compensation of our CEO was 16.6 times that of the Corporation’s median employee, based on annual total compensation of $1,049,149 for Mr. Scovill and $63,090 for the median employee, detailed as follows:

|  | President |  |  | Median |
|  | and CEO |  |  | Employee |
Salary |  | $ | 605,000 |  |  | $ | 57,928 |
Bonus |  |  | - |  |  |  | 500 |
Stock Awards |  |  | 118,394 |  |  |  | - |
Non-Equity Incentive Plan Compensation |  |  | 256,488 |  |  |  | - |
All Other Compensation |  |  | 69,267 |  |  |  | 4,662 |
Total |  | $ | 1,049,149 |  |  | $ | 63,090 |

The median employee was identified using a listing of all employees as of December 31, 2025, and calculating the median amount of total 2025 compensation as it would be reported based on the IRS instructions for Box 5, Medicare wages and tips. Actual amounts reported on Box 5 for 2025 were used for all employees who were employed throughout the entire year. We further annualized pay for those individuals not employed for a full year in 2025. As applicable, compensation reported on Box 5 included the amount paid in 2025 for salary, bonus, dividends on restricted stock and non-equity incentive plan (cash) awards, along with any amount deferred by the employee to the Savings & Retirement Plan (a 401(k) plan) and the imputed value of the cost of group term life insurance and certain perquisites. Compensation reported on Box 5 also included any amounts that vested in 2025 for SERP benefits and for stock awards (based on the market value of the stock on the vesting date). Compensation deferred at the election of the Corporation’s officers, and the amount of employer contributions to the ESOP and Savings & Retirement Plan, were excluded from Box 5.

- 32 -

This pay ratio is a reasonable estimate calculated in a manner consistent with SEC rules based on our payroll and employment records and the methodology described above. The SEC rules for identifying the median compensated employee and calculating the pay ratio based on that employee’s annual total compensation allow companies to adopt a variety of methodologies, to apply certain exclusions, and to make reasonable estimates and assumptions that reflect their compensation practices. As such, the pay ratio reported by other companies may not be comparable to the pay ratio reported above, as other companies may have different employment and compensation practices and may utilize different methodologies, exclusions, estimates and assumptions in calculating their own pay ratios.

Pay Versus Performance

The SEC has adopted rules requiring disclosure of the relationship between executive compensation and financial performance. Consistent with these rules, the Corporation (“CZNC”) is disclosing the information presented in this “Pay Versus Performance” section. The Corporation’s process for evaluating executive compensation is described in the Compensation Discussion and Analysis section of this proxy statement.

The following table sets forth summary information concerning executive compensation for each of the last five years.

Pay Versus Performance

For the Years Ended December 31, 2025, 2024, 2023, 2022 and 2021

|  |  |  |  |  |  |  |  | Average Summary Compensation Table Total |  |  | Average Compensation Actually Paid |  |  | Value of Initial Fixed $100 Investment on 12/31/2020 Based on: |  |  |  |  |  |  |
Year |  |  | Summary Compensation Table Total for PEO ($) |  |  | Compensation Actually Paid to PEO ($) |  |  | for Non-PEO Named Executive Officers ($) |  |  | to Non-PEO Named Executive Officers ($) |  |  | Total Shareholder Return ($) |  |  | Peer Group Total Shareholder Return ($) |  |  | Net Income ($) |  |  | PPNR- NCOs (1) |
2025 |  |  | 1,049,149 |  |  | 1,094,730 |  |  | 544,820 |  |  | 547,125 |  |  | 132.32 |  |  | 149.15 |  |  | 23,427,000 |  |  | $ | 39,559,000 |
2024 |  |  | 1,445,245 |  |  | 1,357,418 |  |  | 535,116 |  |  | 516,577 |  |  | 115.22 |  |  | 139.30 |  |  | 25,958,000 |  |  | $ | 32,821,000 |
2023 |  |  | 1,225,587 |  |  | 1,219,593 |  |  | 478,533 |  |  | 469,810 |  |  | 131.21 |  |  | 115.54 |  |  | 24,148,000 |  |  | $ | 32,637,000 |
2022 |  |  | 1,088,120 |  |  | 915,313 |  |  | 463,238 |  |  | 404,421 |  |  | 126.52 |  |  | 119.65 |  |  | 26,618,000 |  |  | $ | 36,746,000 |
2021 |  |  | 1,109,193 |  |  | 1,203,089 |  |  | 475,533 |  |  | 514,543 |  |  | 138.06 |  |  | 142.91 |  |  | 30,554,000 |  |  | $ | 40,933,000 |

| (1) | In 2025, the Corporation changed its Company-Selected Measure from Pre-Tax Pre-Provision Net Revenue less Net-Charge Offs as a percentage of Average Equity (PPNR-NCOs/Average Equity) to PPNR-NCOs.

Mr. Scovill, the CEO, was the PEO in each of the five years presented in the table above. The non-PEO named executive officers included in table above are Mr. Hughes and Mr. Hoose for 2021-2025, Ms. Cwiklinski for 2024-2025, Mr. Dunsmore for 2021-2023 and 2025 and Mr. Rush for 2021-2024.

The index values shown in the table above are market-weighted dividend-reinvestment numbers, which measure the total return for investing $100.00 five years ago. The Peer Group Total Shareholder Return amounts are determined based on the NASDAQ Bank Index.

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A reconciliation of Summary Compensation Table Total amounts to amounts described as “Actually Paid” for each year in the Pay Versus Performance table above is presented in the following table.

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Add: Change in |  |  |  |  |  | Less: Fair Value |  |  |  |
|  |  |  |  |  |  |  |  |  |  |  |  |  | Add: Fair Value |  |  | Fair Value of |  |  |  |  |  | at End of Prior |  |  |  |
|  |  |  |  |  |  |  |  |  |  | Less: Stock |  |  | at Year-end of |  |  | Awards |  |  | Add: Change in |  |  | Year of any |  |  |  |
|  |  |  |  |  |  |  |  |  |  | Awards from |  |  | Stock Awards |  |  | Granted in |  |  | Fair Value of |  |  | Awards |  |  |  |
|  |  |  |  |  |  |  |  |  |  | Summary |  |  | Granted |  |  | any |  |  | Shares that |  |  | Granted |  |  |  |
|  |  |  |  |  |  |  |  |  |  | Compensation |  |  | During the |  |  | Prior Year |  |  | Vested as of |  |  | in a Prior Year |  |  |  |
|  |  |  |  |  |  |  |  |  |  | Table |  |  | Year that are |  |  | that are |  |  | the Vesting |  |  | that Failed to |  |  |  |
|  |  |  |  | Summary |  |  | Less: |  |  | Valued |  |  | Outstanding |  |  | Outstanding |  |  | Date as |  |  | Meet Vesting |  |  | Total |
|  |  |  |  | Compensation |  |  | Change in |  |  | Based on |  |  | and Unvested |  |  | and Unvested |  |  | Compared |  |  | Conditions |  |  | Compensation |
|  |  |  |  | Table |  |  | Pension |  |  | Fair Value at |  |  | at the End |  |  | at the End |  |  | to the End of |  |  | in the |  |  | Actually |
|  | Year |  |  | Total |  |  | Value |  |  | Grant Date |  |  | of the Year |  |  | of the Year |  |  | the Prior Year |  |  | Covered Year |  |  | Paid |
PEO |  | 2025 |  |  | 1,049,149 |  |  | - |  |  | 118,394 |  |  | 108,595 |  |  | 42,544 |  |  | 21,615 |  |  | 8,779 |  |  | 1,094,730 |
|  | 2024 |  |  | 1,445,245 |  |  | - |  |  | 577,792 |  |  | 530,565 |  |  | (25,918 | ) |  | (14,682 | ) |  | - |  |  | 1,357,418 |
|  | 2023 |  |  | 1,225,587 |  |  | - |  |  | 132,301 |  |  | 127,088 |  |  | (4,102 | ) |  | 3,321 |  |  | - |  |  | 1,219,593 |
|  | 2022 |  |  | 1,088,120 |  |  | - |  |  | 224,429 |  |  | 170,879 |  |  | (21,457 | ) |  | (6,693 | ) |  | 91,107 |  |  | 915,313 |
|  | 2021 |  |  | 1,109,193 |  |  | - |  |  | 213,754 |  |  | 278,883 |  |  | 45,198 |  |  | 9,222 |  |  | 25,653 |  |  | 1,203,089 |
AVERAGE OF |  | 2025 |  |  | 544,820 |  |  | 2,934 |  |  | 43,606 |  |  | 39,281 |  |  | 4,000 |  |  | 7,401 |  |  | 1,837 |  |  | 547,125 |
NON-PEO |  | 2024 |  |  | 535,116 |  |  | - |  |  | 64,702 |  |  | 59,478 |  |  | (8,886 | ) |  | (4,430 | ) |  | - |  |  | 516,577 |
NEOs |  | 2023 |  |  | 478,533 |  |  | 4,252 |  |  | 49,531 |  |  | 47,580 |  |  | (1,448 | ) |  | (1,071 | ) |  | - |  |  | 469,810 |
|  | 2022 |  |  | 463,238 |  |  | - |  |  | 85,869 |  |  | 65,197 |  |  | (8,644 | ) |  | (3,198 | ) |  | 26,303 |  |  | 404,421 |
|  | 2021 |  |  | 475,533 |  |  | - |  |  | 65,315 |  |  | 85,217 |  |  | 21,041 |  |  | 5,662 |  |  | 7,594 |  |  | 514,543 |

Notes:

| 1. | There were no stock awards that were granted and vested in the same year.
| 2. | There were no modifications to stock-based awards during the years included in the table.
| 3. | The valuation assumptions used to calculate equity award fair values did not materially differ from those used at the time of grant.
| 4. | There were no other earnings paid on stock or option awards in the covered fiscal years prior to the vesting dates that were not otherwise included in total compensation.

- 34 -

The Corporation has selected Pre-Tax Pre-Provision Net Revenue Less Net-Charge Offs compared to Budget as its “Company-Selected Measure,” meaning the most important measure the Corporation used in linking compensation actually paid in 2025 to company performance. The Corporation’s calculations of PPNR-NCOs reflect adjustments to earnings determined based on U.S. GAAP to eliminate amounts identified as “extraordinary occurrences” as described in the 2025 Annual Incentive Plan Award document. Reconciliation of the Corporation’s earnings under U.S. GAAP to the non-GAAP earnings amount included in PPNR-NCOs compared to Budget for each year included in the Pay Versus Performance table is presented in the following table.

|  | Year Ended December 31, |
(Dollars In Thousands) |  | 2021 |  |  | 2022 |  |  | 2023 |  |  | 2024 |  |  | 2025 |
Net Income |  | $ | 30,554 |  |  | $ | 26,618 |  |  | $ | 24,148 |  |  | $ | 25,958 |  |  | $ | 23,427 |
Add: Provision for income taxes |  |  | 7,133 |  |  |  | 5,732 |  |  |  | 6,335 |  |  |  | 5,913 |  |  |  | 5,216 |
Add: Provision for credit losses |  |  | 3,661 |  |  |  | 7,255 |  |  |  | 186 |  |  |  | 2,195 |  |  |  | 6,073 |
Add: Adjustment to reflect net interest income on a fully taxable-equivalent basis |  |  | 1,135 |  |  |  | 1,226 |  |  |  | 919 |  |  |  | 819 |  |  |  | 882 |
Add (less): realized (gains) losses on available-for-sale debt securities |  |  | (24 | ) |  |  | (20 | ) |  |  | 3,036 |  |  |  | 0 |  |  |  | (38 | )
Add: merger-related expenses |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 7,940 |
Less: Susquehanna pre-tax earnings contribution |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | (2,992 | )
Add: professional fees related to core system contract negotiation |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 647 |
Less: curtailment gain on Postretirement Plan |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | (469 | ) |  |  | 0 |
Less: enhancement fee included in noninterest income related to purchase of BOLI |  |  | 0 |  |  |  | 0 |  |  |  | (2,100 | ) |  |  | 0 |  |  |  | 0 |
Add: professional fees expense related to broker-dealer conversion |  |  | 0 |  |  |  | 0 |  |  |  | 389 |  |  |  | 0 |  |  |  | 0 |
Pre-Provision Net Revenue (PPNR) - Non-GAAP |  | $ | 42,459 |  |  | $ | 40,811 |  |  | $ | 32,913 |  |  | $ | 34,416 |  |  | $ | 41,155 |
Net Charge-offs (NCOs) (1) |  | $ | (1,509 | ) |  | $ | (4,177 | ) |  | $ | (264 | ) |  | $ | (1,603 | ) |  | $ | (1,596 | )
PPNR Less Net Charge-offs |  | $ | 40,933 |  |  | $ | 36,746 |  |  | $ | 32,637 |  |  | $ | 32,821 |  |  | $ | 39,559 |

| (1) | For the year ended December 31, 2025, net charge-offs excludes $21,000 related to loans acquired from Susquehanna.

- 35 -

The following table presents a description of the relationship between compensation amounts actually paid to the PEO and the average compensation amounts paid to the non-PEO named executive officers to the Corporation’s Total Shareholder Return (“TSR”) and the Peer Group TSR. In the table that follows, TSR measures return to an investor for a $100 investment in CZNC or the Peer Group at December 31, 2020 and reflects reinvestment of all dividends. The Total Shareholder Return amounts in the graph below reflect the values described in the “Pay Versus Performance” table on page 33.

- 36 -

The following table presents a description of the relationship between compensation amounts actually paid to the PEO and the average compensation amounts paid to the non-PEO named executive officers to the Corporation’s net income.

- 37 -

The following table presents a description of the relationship between compensation amounts actually paid to the PEO and the average compensation amounts paid to the non-PEO named executive officers to Pre-Tax Pre-Provision Net Revenue (PPNR) less Net Charge-Offs, which is the Corporation’s Company-Selected Measure as described above. In the table, PPNR-NCOs is based on the Corporation’s results for the calendar years ended December 31, 2021 through 2025. In contrast, the Non-Equity Incentive Award amounts included in Compensation Actually Paid were based on the Corporation’s results as compared to results for a defined peer group for the 12-month periods ended September 30 of each year included in the table.

A list of performance measures the Corporation considers the most important inputs for linking executive compensation with financial performance is as follows:

| 1. | PPNR less NCOs (as described above)
| 2. | PPNR less NCOs as a Percentage of Average Equity
| 3. | PPNR less NCOs as a Percentage of Average Assets
| 4. | Average Deposits, Excluding Brokered Deposits
| 5. | Total Revenue on a Fully Taxable-Equivalent Basis, Excluding Securities Gains or Losses
| 6. | Efficiency Ratio

In 2025, estimated total revenues, expenses and average deposits resulting from the Susquehanna acquisition, as well as merger-related expenses, were excluded from these measures.

Each of these performance measures is described in detail in the Compensation Discussion and Analysis section.

- 38 -

Employment Agreements

The Corporation and the Bank have entered into employment agreements with Mr. Scovill, Mr. Hughes, Mr. Hoose, Mr. Rush and Ms. Cwiklinski (collectively, the “Employment Agreements”). The employment agreement with Mr. Scovill had an effective date of March 2, 2015, and was subsequently amended June 26, 2017, August 24, 2018, and May 22, 2024. The employment agreements with Mr. Hughes and Mr. Hoose were effective September 19, 2013and the employment agreement with Ms. Cwiklinski was effective February 1, 2023. The following summarizes the material terms of the Employment Agreements.

The employment agreement with Mr. Scovill, as amended May 22, 2024, ends on April 30, 2027, unless the Corporation and the executive agree on or before a date that is 6 months prior to April 30, 2027, to extend the employment. Pursuant to said Agreement 20,000 shares of Corporation restricted common stock was awarded to Mr. Scovill on July 30, 2024. Said shares vest in full on April 30, 2027, unless employment is terminated by the Corporation and the Bank for any reason other than for Cause or if the Executive terminates for Good Reason in which case the 20,000 shares will vest on the date of termination. Other features of the employment agreement with Mr. Scovill are included in the summary of descriptions of the Employment Agreements that follow.

The initial term of the Employment Agreement with Mr. Hughes had an initial expiration date of September 19, 2016 and provides that the term of the agreement shall be automatically renewed on each September 19th for successive three (3) year terms, unless either the Corporation or the executive gives written notice of nonrenewal at least 90 days prior to the next renewal date in which case this Agreement will continue in effect for a term ending two (2) years from the Annual Renewal Date immediately following such notice.

The Employment Agreement with Mr. Hoose had an initial expiration date of September 30, 2015, and has been extended through September 30, 2026. The Employment Agreement with Mr. Hoose provides that the term of the agreement shall be automatically extended an additional twelve (12) months, unless written notice of nonrenewal is provided no later than July 19th of each successive calendar year.

The Employment Agreement with Ms. Cwiklinski had an initial expiration date of January 31, 2024, has been extended through January 31, 2027, and shall be automatically extended an additional twelve (12) months unless either the Corporation or the executive gives written notice of nonrenewal at least 90 days prior to the renewal date.

Under the Employment Agreements, each executive is eligible to receive annual incentive payments and stock-based incentives as determined by the Compensation Committee, which may, but need not be, issued under any incentive plan maintained by the Company, and is eligible to participate in any retirement plan, deferred compensation plan, welfare benefit plan or other benefit program in which full-time employees of the Bank are eligible to participate.

The Employment Agreements also provide each executive with reimbursement of business expenses and paid vacation in accordance with Corporation or Bank policies and procedures and, with respect to Mr. Scovill, Mr. Hoose and Ms. Cwiklinski, an automobile allowance or use of a Bank owned automobile and for Mr. Scovill and Mr. Hoose, a country club membership.

Each Employment Agreement contains customary nondisclosure and mutual non-disparagement provisions. Each Employment Agreement contains a non-competition and non-solicitation covenant, applicable within thirty-five (35) miles of any office of the Corporation or the Bank, after voluntary or involuntary termination of the executive’s employment with the Corporation and the Bank. The non-competition and non-solicitation covenant would apply after termination of employment to Mr. Scovill and Mr. Hughes for twenty-four (24) months, to Mr. Hoose for eighteen (18) months and to Ms. Cwiklinski for twelve (12) months.

Each Employment Agreement also provides that the executive may terminate his employment for “good reason” (as defined in the agreement) after notice to the Corporation or the Bank within thirty (30) days after the initial existence of the condition giving rise to the right to terminate and the failure of the Corporation or Bank to cure the situation within thirty (30) days after receipt of such notice.

Additionally, each Employment Agreement provides for a lump sum payment to the executive in the event of a termination of employment by the Corporation without “cause” (as defined in the agreement) or by the executive for “good reason” (as defined in the agreement) following a “change in control” (as defined in the agreement) or absent a change in control, such payment to be equal to the sum of the highest annual base salary earned by the executive during the immediately preceding three (3) years, plus the highest cash bonus and other incentive compensation earned with respect to one of the three preceding years, plus the highest value of stock options and other stock incentives awarded to the executive in one of the immediately preceding three years, multiplied by a predetermined factor depending on the executive and whether the executive was terminated following a change in control. Additionally, each of the Employment Agreements provides for the continuation of the executive’s participation in the Bank’s life, disability, medical/health insurance and other welfare benefits in effect during the one (1) year period preceding the termination of employment (or a cash payment representing the value of such benefits). The factor applicable to each of the executives for purposes of determining the lump sum payment and the time period for which benefits are to be continued are set forth in the following table.

- 39 -

The employment agreements in effect on December 31, 2025, do not provide for an excise tax gross-up pursuant to Section 280G of the Internal Revenue Code. In the event any payments to our named executive officers would otherwise constitute a parachute payment under Section 280G of the Internal Revenue Code, the payments will be limited to the greater of (i) the dollar amount which can be paid to such named executive officer without triggering an excise tax under Section 4999 of the Internal Revenue Code or (ii) the greatest after-tax dollar amount after taking into account any excise tax incurred under Section 4999 of the Internal Revenue Code with respect to such parachute payments.

|  | Multiplier Factor |  |  | Benefits Continuation Period |
Executive |  | Change in Control |  |  | Absent a Change in Control |  |  | Change in Control |  | Absent a Change in Control |
J. Bradley Scovill |  |  | 2.99 | X |  |  | 1.0 | X |  | 3 Years |  | 1 Year |
Mark A. Hughes |  |  | 2.99 | X |  |  | 1.0 | X |  | 3 Years |  | 1 Year |
Harold F. Hoose, III |  |  | 1.5 | X |  |  | 0.5 | X |  | 18 Months |  | 6 Months |
Kelley A. Cwiklinski |  |  | 1.5 | X |  |  | 1.0 | X |  | 18 Months |  | 1 Year |

Change in Control Agreement

The Corporation and Bank have entered into a Change in Control Agreement (the “Agreement”) with Mr. Dunsmore. The Change in Control Agreement provides for a lump sum severance benefit in the event that certain events take place after there is a “change in control”, as defined in the Agreement, of the Corporation, or for a period of twenty-four (24) months thereafter. The Agreement does not provide for any payment in the event that Mr. Dunsmore remains employed without material reduction in compensation or responsibilities for more than twenty-four (24) months following the change in control.

Under the Agreement, the term “termination” means the termination of Mr. Dunsmore’s employment either by the Corporation for any reason other than death, disability, or “cause”, or by him upon the occurrence of one or more of the following events: a significant change in authorities or duties; a reduction in annual salary or a material reduction in benefits; the relocation of his office to a location more than 35 miles from the location of his office immediately prior to the employment period; his inability to exercise the authorities, powers, functions or duties associated with his position; or the failure of the Corporation to obtain a satisfactory agreement from any successor to assume and agree to perform the Agreement in the same manner and extent as if no succession had taken place.

In the event of a termination, the Agreement provides severance benefits of (i) Employer-paid group medical insurance continuation premiums for a period of eighteen (18) months after the date of termination; and (ii) a lump sum payment in cash no later than thirty (30) business days after the date of termination equal to the sum of Mr. Dunsmore’s unpaid salary, accrued vacation pay and unreimbursed business expenses through and including the date of termination; and an amount equal to one times his base salary in effect immediately prior to the date of termination. The Agreement contains customary non-disclosure provisions and a twelve (12) month non-solicitation covenant following termination of employment.

The Agreement terminates each December 31 but is automatically extended for additional one-year periods unless written notice is provided by the Corporation or Employee that such party does not wish to extend the term. If a change in control occurs during the original or extended term of the Agreement, the term shall continue for a period of twenty-four (24) months and end upon the expiration of such twenty-four (24) month period.

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Potential Payments upon Termination or Change in Control

The table that follows provides quantitative information regarding contracts, agreements, plans or arrangements that provide for payments to a named executive officer upon termination of employment. The table does not include information with respect to contracts, agreements, plans or arrangements to the extent they do not discriminate in scope, terms, or operation, in favor of executive officers or the Corporation and that are available generally to all salaried employees.

As of December 31, 2025:

|  |  |  |  | Supplemental |  |  |  |  |  | Value of |  |  | Payment Under |  |  |  |
|  |  |  |  | Executive |  |  | Health |  |  | Restricted |  |  | Split Dollar |  |  | Citizens Trust |
|  |  |  |  | Retirement |  |  | and |  |  | Stock |  |  | Bank Owned |  |  | Company |
|  |  |  |  | Plan |  |  | Welfare |  |  | Subject to |  |  | Life Insurance |  |  | Pension |
|  | Cash |  |  | Benefit |  |  | Benefits |  |  | Acceleration |  |  | Programs (1) |  |  | Plan (2) |
Name |  | ($) |  |  | ($) |  |  | ($) |  |  | ($) |  |  |  |  |  |  |
Termination Due to Retirement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
J. Bradley Scovill |  |  | 0 |  |  |  | 1,397,140 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Mark A. Hughes |  |  | 0 |  |  |  | 878,942 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Harold F. Hoose, III |  |  | 0 |  |  |  | 382,301 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Kelley Cwiklinski |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Stan R. Dunsmore |  |  | 0 |  |  |  | 746,494 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 216,400 |
Termination Due to Disability |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
J. Bradley Scovill |  |  | 0 |  |  |  | 1,397,140 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Mark A. Hughes |  |  | 0 |  |  |  | 878,942 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Harold F. Hoose, III |  |  | 0 |  |  |  | 382,301 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Kelley Cwiklinski |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Stan Dunsmore |  |  | 0 |  |  |  | 746,494 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 216,400 |
Termination Without Cause or for Good Reason - Before a Change in Control |  |  |  |  |  |  |  |  |  |  |  |  |
J. Bradley Scovill |  |  | 1,439,280 |  |  |  | 1,397,140 |  |  |  | 19,750 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Mark A. Hughes |  |  | 549,606 |  |  |  | 878,942 |  |  |  | 19,407 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Harold F. Hoose, III |  |  | 254,510 |  |  |  | 382,301 |  |  |  | 13,041 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Kelley Cwiklinski |  |  | 471,027 |  |  |  | 0 |  |  |  | 18,099 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Stan Dunsmore |  |  | 0 |  |  |  | 746,494 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 216,400 |
Termination Due to Death |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
J. Bradley Scovill |  |  | 0 |  |  |  | 1,397,140 |  |  |  | 0 |  |  |  | 0 |  |  |  | 575,000 |  |  |  | 0 |
Mark A. Hughes |  |  | 0 |  |  |  | 878,942 |  |  |  | 0 |  |  |  | 0 |  |  |  | 332,500 |  |  |  | 0 |
Harold F. Hoose, III |  |  | 0 |  |  |  | 382,301 |  |  |  | 0 |  |  |  | 0 |  |  |  | 300,000 |  |  |  | 0 |
Kelley Cwiklinski |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 711,210 |  |  |  | 0 |
Stan Dunsmore |  |  | 0 |  |  |  | 746,494 |  |  |  | 0 |  |  |  | 0 |  |  |  | 822,681 |  |  |  | 97,300 |
Termination Without Cause or for Good Reason - Upon or After a Change in Control |  |  |  |  |  |  |  |  |  |  |  |  |
J. Bradley Scovill |  |  | 4,303,447 |  |  |  | 1,397,140 |  |  |  | 59,250 |  |  |  | 664,682 |  |  |  | 0 |  |  |  | 0 |
Mark A. Hughes |  |  | 1,643,322 |  |  |  | 878,942 |  |  |  | 58,221 |  |  |  | 101,395 |  |  |  | 0 |  |  |  | 0 |
Harold F. Hoose, III |  |  | 763,529 |  |  |  | 382,301 |  |  |  | 39,123 |  |  |  | 114,344 |  |  |  | 0 |  |  |  | 0 |
Kelley Cwiklinski |  |  | 706,541 |  |  |  | 0 |  |  |  | 27,149 |  |  |  | 82,556 |  |  |  | 0 |  |  |  | 0 |
Stan Dunsmore |  |  | 274,227 |  |  |  | 746,494 |  |  |  | 30,145 |  |  |  | 78,078 |  |  |  | 0 |  |  |  | 216,400 |

| (1) | The amounts represent death benefits payable under split-dollar life insurance policies purchased or acquired by the Corporation pursuant to business combinations.

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Indemnification Agreements

On April 20, 2004, the shareholders of the Corporation authorized the Corporation to enter into indemnification agreements (the “Indemnification Agreements”) with the directors of the Corporation and the Bank and certain officers of the Bank, as designated by the Board of Directors. The primary purpose of the Indemnification Agreements is to ensure the ability of the Corporation and Bank to continue to attract and retain responsible, competent and otherwise qualified directors and officers. Indemnification Agreements have been entered into with all Directors of the Bank and the Corporation, as well as the Corporation’s and Bank’s Executive Officers.

The Indemnification Agreements provide to covered directors and officers the most advantageous of any combination of benefits under (i) the benefits provided by the Bylaws of the Corporation in effect as of the date the agreements were entered into; (ii) the benefits provided by the Bylaws, the Articles of Incorporation or their equivalent of the Corporation in effect at the time indemnification expenses are incurred by an indemnitee; (iii) the benefits allowable under Pennsylvania law in effect on the date of the agreements; (iv) the benefits allowable under the law of the jurisdiction under which the Corporation exists at the time indemnifiable expenses are incurred by an indemnitee; (v) the benefits available under a liability insurance policy obtained by the Corporation and its subsidiaries in effect on the date of the agreements; (vi) the benefits available under a liability insurance policy obtained by the Corporation and its subsidiaries, in effect at the time the indemnifiable expenses are incurred by an indemnitee; and (vii) such other benefits as are or may otherwise be available to the indemnitee.

The Corporation is not obligated to, nor has it agreed to provide funding for its obligations under the agreements. The Corporation is obligated, however, to pay its obligations under the agreements from general assets or insurance. The agreements do require the Corporation to continue to purchase D&O Coverage for so long as it is available on a commercially reasonable basis.

The indemnification available pursuant to the agreements is subject to a number of exclusions. No indemnification is required under the agreements with respect to any claim as to which it is finally proven by clear and convincing evidence in a court of competent jurisdiction that the covered person acted or failed to act with deliberate intent to cause injury to the Corporation or a subsidiary thereof or with reckless disregard for the Corporation’s best interest. The Corporation is also not required to make any payment finally determined by a court to be unlawful or any payment required under Section 16(b) of the Securities and Exchange Act of 1934, as amended. In addition, any claim (or part thereof) against an indemnitee which falls within the prohibitions of 12 C.F.R. §7.5217 (i.e., a prohibition on indemnification or insurance coverage for expenses, penalties or other payments incurred in connection with an action by a banking regulatory agency which results in a final order assessing monetary penalties or requiring affirmative action in the form of payment to the bank) is excluded from indemnification under the agreements.

Compensation of Directors

The following table summarizes the compensation paid by the Corporation and Bank to directors for the fiscal year ended December 31, 2025, other than J. Bradley Scovill who did not receive compensation as a director.

DIRECTOR COMPENSATION (1)(2)

|  | Fees |  |  |  |  |  |  |
|  |  | Earned or |  |  |  |  |  |  |  |  |
|  |  | Paid in |  |  |  | Stock |  |  |  |  |
|  |  | Cash (3) |  |  |  | Awards (4) |  |  |  | Total |
Name |  |  | ($) |  |  |  | ($) |  |  |  | ($) |
Stephen M. Dorwart |  |  | 58,500 |  |  |  | 24,994 |  |  |  | 83,494 |
Susan E. Hartley |  |  | 37,283 |  |  |  | 24,994 |  |  |  | 62,277 |
Bobbi J. Kilmer |  |  | 56,600 |  |  |  | 24,994 |  |  |  | 81,594 |
Leo F. Lambert |  |  | 49,400 |  |  |  | 24,994 |  |  |  | 74,394 |
Terry L. Lehman |  |  | 85,200 |  |  |  | 24,994 |  |  |  | 110,194 |
Robert G. Loughery |  |  | 47,000 |  |  |  | 24,994 |  |  |  | 71,994 |
Frank G. Pellegrino |  |  | 56,200 |  |  |  | 24,994 |  |  |  | 81,194 |
Helen S. Santiago |  |  | 47,600 |  |  |  | 24,994 |  |  |  | 72,594 |
Katherine W. Shattuck |  |  | 50,400 |  |  |  | 24,994 |  |  |  | 75,394 |
Aaron K. Singer |  |  | 50,267 |  |  |  | 24,994 |  |  |  | 75,260 |
Christian C. Trate |  |  | 12,250 |  |  |  | 14,583 |  |  |  | 26,833 |

(1) The columns disclosing option awards, non-equity incentive plan compensation, changes in pension value and nonqualified deferred compensation earnings, and other forms of compensation have been omitted from the table because no director earned any compensation during 2025 of a type required to be disclosed in those columns.

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(2) As of December 31, 2025, each non-employee director owned shares of common stock awarded pursuant to the 2023 Equity Plan for which transfer restrictions had not yet lapsed. For Christian C. Trate, who was appointed to the Board on October 1, 2025, the value of the shares was $15,249, and for each of the other non-employee directors, the shares had a value of $25,616, based on the closing price of the Corporation’s common stock on December 31, 2025 (the last business day of the year).

(3) Includes fees received based on the fee schedule described in the following section.

(4) The amount shown in the “Stock Awards” column equals the value of restricted stock awards of 1,270 shares granted to each non-employee director in April 2025. The value of the shares awarded in April 2025 was determined based on the grant date fair market value of $19.68 per share. Christian C. Trate, who was appointed to the Board on October 1, 2025, was awarded 756 shares in November 2025 with a grant date fair market value of $19.29 per share.

Director Fees. Compensation of the Board of Directors is established by the Board upon recommendation of the Compensation Committee. In developing its recommendations for 2025, the Compensation Committee considered information provided by Pearl Meyer.

In 2025, non-employee directors received cash compensation for their service as directors in accordance with the following fee schedule. Employee directors are not entitled to additional compensation for board or committee service.

|  | January 1, 2025 to |
Fee Schedule - Independent Directors |  | December 31, 2025 |
Annual Fees: |  |  |  |
Cash Retainer (All Independent Directors) |  | $ | 45,000 |
Additional Cash Retainer and Fee – Chairman |  | $ | 25,000 |
Committee Chair Fees: |  |  |  |
Executive Committee |  |  | None |
M&A Committee |  |  | None |
Risk Committee |  | $ | 8,000 |
Audit Committee |  | $ | 7,500 |
Compensation Committee |  | $ | 5,000 |
All Other Committees |  | $ | 4,000 |
Per-Meeting Attendance Fees: |  |  |  |
Board Meetings (All Directors) |  | $ | 0 |
Committee Meetings - 1-to-5 meetings: |  |  |  |
Audit Committee |  | $ | 0 |
Compensation Committee |  | $ | 0 |
All Other Committees |  | $ | 0 |
Committee Meetings - after 5 or more meetings: |  |  |  |
Audit Committee |  | $ | 700 |
Compensation Committee |  | $ | 700 |
All Other Committees |  | $ | 600 |

Attendance fees are not doubled in the event of joint meetings of the Corporation and Bank Boards.

Stock Incentive Plans. In addition to cash fees, non-employee directors may also receive compensation in the form of Corporation common stock pursuant to the 2023 Equity Incentive Plan.

- 43 -

PROPOSAL 2 -- ADVISORY NON-BINDING VOTE ON EXECUTIVE COMPENSATION

The Corporation is required to provide its shareholders with a separate, non-binding advisory vote on the compensation paid to the Corporation’s named executive officers pursuant to the policies and procedures employed by the Corporation, as described in the Compensation Discussion and Analysis (CD&A) and tabular disclosure regarding named executive officer compensation (together with the accompanying narrative disclosure) in this Proxy Statement.

For the reasons set forth in this Proxy Statement, we believe that our compensation policies and procedures are centered on a pay-for-performance culture, are competitive in our marketplace, are strongly aligned with the long-term interests of our shareholders, and that the compensation paid to our executives is consistent with such policies and procedures.

This proposal, commonly known as a “Say-on-Pay” proposal, gives you as a shareholder the opportunity to endorse or not endorse our executive pay program and policies through the following resolution:

“Resolved, that the shareholders approve the compensation paid to the Named Executive Officers of the Corporation pursuant to the policies and procedures employed by the Corporation, as described in the Compensation Discussion and Analysis and tabular disclosure regarding Named Executive Officer compensation (together with the accompanying narrative disclosure) in this Proxy Statement.”

Because your vote is advisory, it will not be binding upon the Board. However, the Compensation Committee will consider the outcome of the vote when considering future executive compensation arrangements.

The Board of Directors recommends a vote “FOR” approval of the compensation paid to the Named Executive Officers of the Corporation pursuant to the policies and procedures employed by the Corporation, as described in the Compensation Discussion and Analysis and tabular disclosure regarding the Named Executive Officer compensation (together with the accompanying narrative disclosure) in this Proxy Statement.

PROPOSAL 3 -- RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

Crowe LLP was selected by the Board as the independent registered public accounting firm for the Corporation for the fiscal year ending December 31, 2026. No member of the Crowe firm or any of its associates has a material financial interest in the Corporation. A representative of Crowe is expected to be present at the Annual Meeting to answer appropriate questions from shareholders and will be afforded an opportunity to make any statement that the firm desires.

The affirmative vote of a majority of the votes cast at the meeting, in person or by proxy, is required to ratify the appointment of Crowe LLP as the Corporation’s independent registered public accounting firm. Abstentions and broker non-votes will have no effect in calculating the votes on this matter.

The Board of Directors recommends a vote “FOR” ratification of the appointment of Crowe LLP as the Corporation’s independent registered public accounting firm for the fiscal year ending December 31, 2026.

Fees of Independent Registered Public Accounting Firm

On May 10, 2024, the Corporation, after review and recommendation of the Corporation’s Audit Committee, appointed Crowe LLP (“Crowe”) as the Corporation’s new independent registered public accounting firm for and with respect to the year ending December 31, 2024, and dismissed Baker Tilly US, LLP (“Baker Tilly”).

The reports of Baker Tilly on the Corporation’s financial statements as of and for the years ended December 31, 2022 and 2023 did not contain an adverse opinion or a disclaimer of an opinion, and were not qualified or modified as to uncertainty, audit scope or accounting principles.

During the Corporation’s two most recent fiscal years and the subsequent interim period preceding Baker Tilly’s dismissal, there were: (i) no disagreements with Baker Tilly on any manner of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Baker Tilly, would have caused it to make reference to the subject matter of the disagreements in its report on the consolidated financial statements of the Corporation; and (ii) no “reportable events” (as such term is defined in Item 304(a)(1)(v) of Regulation S-K).

During the Corporation’s two most recently completed fiscal years and through the date of the Corporation’s appointment of Crowe, the Corporation did not consult with Crowe regarding: (i) the application of accounting principles to a specific completed or contemplated transaction, or the type of audit opinion that might be rendered on the Corporation’s consolidated financial statements, and no written or oral advice was provided by Crowe that was an important factor considered by the Corporation in reaching a decision as to accounting, auditing or financial reporting issues, or (ii) any matter that was either the subject of a disagreement or event, as set forth in Item 304(a)(1)(iv) or Item 304(a)(1)(v) of Regulation S-K.

- 44 -

The following table sets forth information concerning fees paid to independent public accountants for the years ended December 31, 2025, and 2024. All services provided by Crowe in 2025 and 2024 were pre-approved by the Audit Committee, consistent with the limits provided for in the Audit Committee Charter.

|  | Fiscal Years Ended |
|  | December 31, |
|  | 2025 |  |  | 2024 |
Audit Fees |  |  |  |  |  |  |  |
Audit of annual financial statements and audit of internal |  |  |  |  |  |  |  |
control over financial reporting and reviews of quarterly |  |  |  |  |  |  |  |
financial statements (a) |  | $ | 713,737 |  |  | $ | 441,482 |
Tax Fees |  |  |  |  |  |  |  |
Preparation of Corporation tax returns and other tax services |  |  | 59,010 |  |  |  | 6,510 |
Aggregate of all fees billed to the Corporation |  | $ | 772,747 |  |  | $ | 447,992 |

| (a) | For 2025, nonrecurring audit fees and expenses related to the Susquehanna acquisition totaled $234,000.

Audit Committee Report

The Audit Committee of the Board of Directors reviewed and discussed with management the audited financial statements dated December 31, 2025. The Audit Committee also discussed with Crowe LLP, the independent registered public accounting firm of the Corporation, the matters required to be discussed with those charged with governance pursuant to the Public Company Accounting Oversight Board Auditing Standard 1301(Communications with Audit Committees).

The Audit Committee has received from Crowe, the written disclosure and the letter required by PCAOB Rule 3526 (Communication with Audit Committees Concerning Independence) and has discussed Crowe’s independence with its representatives. These items relate to that firm’s independence from the Corporation.

Based on its review and discussions referred to above, the Committee has recommended to the Board of Directors that the audited financial statements be included in the Corporation’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, for filing with the Securities and Exchange Commission.

Audit Committee

Stephen M. Dorwart, Chairman | Terry L. Lehman | Aaron K. Singer
Leo F. Lambert | Helen S. Santiago |

ANNUAL REPORT ON FORM 10-K

A copy of the Corporation’s Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC, was made available to shareholders with this proxy statement. The Annual Report on Form 10-K is also available at www.cnbankpa.com.

A paper copy of the Annual Report on Form 10-K will be furnished to shareholders free of charge upon written request. Such requests should be directed to the Treasurer of Citizens & Northern Corporation at 90-92 Main Street, Wellsboro, PA, 16901, or by phone at 570-724-3411.

OTHER MATTERS

The management of the Corporation does not intend to bring any other matters before the Annual Meeting and is not presently informed of any other business which others may bring before such meeting. However, if any other matters should properly come before such meeting or any adjournment thereof, it is the intention of the persons named in the accompanying proxy to vote on such matters as they, in their discretion, determine.

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Appendix A – Reconciliation of U.S. Generally Accepted Accounting Principles (U.S. GAAP) to Non-GAAP Measures

For the 2025 and 2024 long-term incentive awards, 50% of the PRSAs were evaluated based on (PPNR-NCOs)/Average Equity performance while 50% were evaluated based on (PPNR-NCOs)/Average Assets performance.

Reconciliation of the Corporation’s earnings for the twelve months ended September 30, 2025 under U.S. GAAP to the non-GAAP earnings amount used in the 2025 incentive award calculations is as follows:

(Dollars in Thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  |  | (PPNR - NCOs)/ |  |  |  |  |  | (PPNR - NCOs)/ |
|  | Net |  |  | Average |  |  | Average |  |  | Average |  |  | Average |
|  | Income |  |  | Equity |  |  | Equity |  |  | Assets |  |  | Assets |
Net income based on U.S. generally accepted accounting principles (U.S. GAAP) |  | $ | 27,135 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Add: Provision for income taxes |  |  | 6,237 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Add: Provision for credit losses |  |  | 4,222 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Add: Adjustment to reflect net interest income on a fully taxable-equivalent basis |  |  | 866 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Add: Merger-related expenses |  |  | 1,049 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Add: Net Loss on Marketable Equity Security |  |  | 2 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pre-tax Pre-provision Net Revenue (PPNR) |  |  | 39,511 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net Charge-offs |  |  | 747 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Used for Performance Evaluation - (PPNR - NCOs) - Non-GAAP |  | $ | 38,764 |  |  | $ | 281,032 |  |  |  | 13.79 | % |  | $ | 2,609,836 |  |  |  | 1.49 | %

Reconciliation of the Corporation’s earnings for the twelve months ended September 30, 2025 under U.S. GAAP to Core earnings used in measuring Core ROAE and Core ROAA for analysis of the PRSAs granted in 2023 is as follows:

|  |  |  |  |  |  |  | U.S. GAAP |  |  |  |  |  | U.S. GAAP |
|  |  |  |  |  |  |  | and |  |  |  |  |  | and |
|  | Net |  |  | Average |  |  | Core |  |  | Average |  |  | Core |
|  | Income |  |  | Equity |  |  | ROAE |  |  | Assets |  |  | ROAA |
Net income based on U.S. generally accepted accounting principles (U.S. GAAP) |  | $ | 27,135 |  |  | $ | 281,032 |  |  |  | 9.66 | % |  | $ | 2,609,836 |  |  |  | 1.04 | %
Add: Amortization of Core Deposit Intangibles (1) |  |  | 328 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Add: Merger-related expenses (1) |  |  | 850 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Add: Net Loss on Marketable Equity Security (1) |  |  | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Used for Performance Evaluation - Core ROAE and Core ROAA - Non-GAAP |  | $ | 28,315 |  |  | $ | 281,032 |  |  |  | 10.08 | % |  | $ | 2,609,836 |  |  |  | 1.08 | %

| (1) | Amount is shown net of income tax allocated at the Corporation’s marginal federal tax rate of 21%, adjusted for the impact of the nondeductible portion of merger-related expenses.

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The efficiency ratio is a non-GAAP ratio is a performance measure that the Corporation has identified as a KPI. For purposes of calculating the efficiency ratio, net interest income on a fully taxable-equivalent basis includes amounts of interest income on tax-exempt securities and loans that have been increased to a fully taxable-equivalent basis, using the Corporation’s marginal federal income tax rate of 21%. In the calculation below, the Corporation excluded the estimated impact of revenues and expenses from the Susquehanna acquisition because the acquisition was not contemplated in the annual budget for 2025, and excluded merger-related expenses and professional fees related to core system contract negotiations due to the nonrecurring nature of these expenses.

(Dollars in Thousands) |  |  |
|  | For the Year Ended |
EFFICIENCY RATIO - NON-GAAP |  | December 31, 2025 |
Net interest income - GAAP |  | $ | 91,853 |
Add: Adjustment to net interest income on a fully-taxable equivalent basis |  |  | 882 |
Noninterest income |  |  | 30,852 |
Less: Total income from Susquehanna acquisition |  |  | (6,349 | )
Less: Net gains on available-for-sale debt securities |  |  | (38 | )
Total revenues, as adjusted (1) |  | $ | 117,200 |
Noninterest expense |  | $ | 87,989 |
Less: Merger-related expenses |  |  | (7,940 | )
Less: Noninterest expenses from Susquehanna acquisition |  |  | (3,335 | )
Less: Professional fees expense - core system contract negotiation |  |  | (647 | )
Total expenses, as adjusted (2) |  | $ | 76,067 |
Efficiency Ratio = (2)/(1) - Non-GAAP |  |  | 64.90 | %

- 47 -

|  | 1. ELECTION OF THREE CLASS III DIRECTORS AND ONE CLASS II DIRECTOR. STEPHEN M. DORWART J. BRADLEY SCOVILL AARON K. SINGER 2. TO APPROVE, IN AN ADVISORY (NON-BINDING) VOTE, THE COMPENSATION OF THE COMPANY’S NAMED EXECUTIVE OFFICERS AS DISCLOSED IN THE PROXY STATEMENT. 3. RATIFICATION OF THE APPOINTMENT OF CROWE LLP AS THE CORPORATION’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2026. 4. OTHER MATTERS. In their discretion, to vote with respect to any other matters that may properly come before the Meeting or any adjournments thereof. CLASS III NOMINEES: Important Notice of Availability of Proxy Materials for the Annual Meeting of Shareholders CITIZENS & NORTHERN CORPORATION To Be Held On: April 23, 2026 at 2:00 P.M. Eastern Time virtually at edge.media-server.com/mmc/p/fe4ke5cr Password: citizens2026 (case sensitive) This communication presents only an overview of the more complete proxy materials that are available to you on the Internet. We encourage you to access and review all of the important information contained in the proxy materials before voting. If you want to receive a paper or e-mail copy of the proxy materials you must request one. There is no charge to you for requesting a copy. To facilitate timely delivery please make the request as instructed below before April 10, 2026. Please visit www.astproxyportal.com/ast/11697/, where the following materials are available for view: • Annual Highlights • Notice of Annual Meeting of Shareholders • Proxy Statement • Form of Electronic Proxy Card • Annual Report on Form 10-K TO REQUEST MATERIAL: TELEPHONE: 1-888-Proxy-NA (888-776-9962) or +1-201-299-6210 (worldwide) E-MAIL: help@equiniti.com WEBSITE: us.astfinancial.com/OnlineProxyVoting/ProxyVoting/RequestMaterials TO VOTE: ONLINE: To access your online proxy card, please visit www.voteproxy.com and follow the on-screen instructions or scan the QR code with your smartphone. You may enter your voting instructions at www.voteproxy.com up until 11:59 P.M. Eastern Time on April 22, 2026. VIRTUALLY AT THE MEETING: The company will be hosting the meeting virtually this year. To attend the meeting virtually, please visit edge.media-server.com/mmc/p/fe4ke5cr Password: citizens2026 (case sensitive) and be sure to have your control number available. TELEPHONE: To vote by telephone, please visit www.voteproxy.com to view the materials and to obtain the toll free number to call. MAIL: You may request a card by following the instructions above. COMPANY NUMBER ACCOUNT NUMBER CONTROL NUMBER JOHN SMITH 1234 MAIN STREET APT. 203 NEW YORK, NY 10038 Please note that you cannot use this notice to vote by mail. CLASS II NOMINEE: CHRISTIAN C. TRATE

|  | Signature of Shareholder Date: Signature of Shareholder Date: Note: Please sign exactly as your name or names appear on this Proxy. When shares are held jointly, each holder should sign. When signing as executor, administrator, attorney, trustee or guardian, please give full title as such. If the signer is a corporation, please sign full corporate name by duly authorized officer, giving full title as such. If signer is a partnership, please sign in partnership name by authorized person. To change the address on your account, please check the box at right and indicate your new address in the address space above. Please note that changes to the registered name(s) on the account may not be submitted via this method. INSTRUCTIONS: To withhold authority to vote for any individual nominee(s), mark “FOR ALL EXCEPT” and fill in the circle next to each nominee you wish to withhold, as shown here: JOHN SMITH 1234 MAIN STREET APT. 203 NEW YORK, NY 10038 ANNUAL MEETING OF SHAREHOLDERS OF CITIZENS & NORTHERN CORPORATION April 23, 2026 PROXY VOTING INSTRUCTIONS Please detach along perforated line and mail in the envelope provided IF you are not voting via telephone or the Internet. PLEASE SIGN, DATE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. PLEASE MARK YOUR VOTE IN BLUE OR BLACK INK AS SHOWN HERE x 042326 COMPANY NUMBER ACCOUNT NUMBER NOTICE OF INTERNET AVAILABILITY OF PROXY MATERIAL: The Notice of Meeting, proxy statement and proxy card are available at www.astproxyportal.com/ast/11697 INTERNET - Access www.voteproxy.com and follow the on-screen instructions or scan the QR code with your smartphone. Have your proxy card available when you access the web page. TELEPHONE - Call toll-free 1-800-PROXIES (1-800-776-9437) in the United States or +1-201-299-4446 worldwide on any touch-tone telephone and follow the instructions. Have your proxy card available when you call. Vote online or by phone until 11:59 P.M. Eastern Time on April 22, 2026. MAIL - Sign, date and mail your proxy card in the envelope provided as soon as possible. VIRTUALLY AT THE MEETING - The company will be hosting the meeting vir-tually this year. To attend the meeting virtually, please visit edge.media-server.com/mmc/p/fe4ke5cr Password: citizens2026 (case sen-sitive) and be sure to have your control number available. GO GREEN - e-Consent makes it easy to go paperless. With e-Consent, you can quickly access your proxy materials, statements and other eligible docu-ments online, while reducing costs, clutter and paper waste. Enroll today via www.equiniti.com\us\ast-access to enjoy online access. 1. ELECTION OF THREE CLASS III DIRECTORS AND ONE CLASS II DIRECTOR. O STEPHEN M. DORWART O J. BRADLEY SCOVILL O AARON K. SINGER 2. TO APPROVE, IN AN ADVISORY (NON-BINDING) VOTE, THE COMPENSATION OF THE COMPANY’S NAMED EXECUTIVE OFFICERS AS DISCLOSED IN THE PROXY STATEMENT. 3. RATIFICATION OF THE APPOINTMENT OF CROWE LLP AS THE CORPORATION’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2026. 4. OTHER MATTERS. In their discretion, to vote with respect to any other matters that may properly come before the Meeting or any adjournments thereof. WHEN PROPERLY EXECUTED, THIS PROXY WILL BE VOTED AS DIRECTED HEREIN BY THE SHAREHOLDER. UNLESS OTHERWISE INDICATED, THIS PROXY WILL BE VOTED FOR THE ELECTION AS DIRECTORS OF THE NOMINEES LISTED IN PROPOSAL 1 AND FOR PROPOSALS 2 AND 3. PLEASE MARK, SIGN, DATE AND RETURN THIS PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE-PAID ENVELOPE. FOR ALL NOMINEES WITHHOLD AUTHORITY FOR ALL NOMINEES FOR ALL EXCEPT (See instructions below) FOR CLASS III NOMINEES: CLASS II NOMINEE: O CHRISTIAN C. TRATE AGAINST ABSTAIN FOR AGAINST ABSTAIN CONTROL NUMBER

|  | ANNUAL MEETING OF SHAREHOLDERS OF CITIZENS & NORTHERN CORPORATION April 23, 2026 NOTICE OF INTERNET AVAILABILITY OF PROXY MATERIAL: The Notice of Meeting, proxy statement and proxy card are available at www.astproxyportal.com/ast/11697/ Please sign, date and mail your proxy card in the envelope provided as soon as possible. Signature of Shareholder Date: Signature of Shareholder Date: Note: Please sign exactly as your name or names appear on this Proxy. When shares are held jointly, each holder should sign. When signing as executor, administrator, attorney, trustee or guardian, please give full title as such. If the signer is a corporation, please sign full corporate name by duly authorized officer, giving full title as such. If signer is a partnership, please sign in partnership name by authorized person. To change the address on your account, please check the box at right and indicate your new address in the address space above. Please note that changes to the registered name(s) on the account may not be submitted via this method. 1. ELECTION OF THREE CLASS III DIRECTORS AND ONE CLASS II DIRECTOR. O STEPHEN M. DORWART O J. BRADLEY SCOVILL O AARON K. SINGER 2. TO APPROVE, IN AN ADVISORY (NON-BINDING) VOTE, THE COMPENSATION OF THE COMPANY’S NAMED EXECUTIVE OFFICERS AS DISCLOSED IN THE PROXY STATEMENT. 3. RATIFICATION OF THE APPOINTMENT OF CROWE LLP AS THE CORPORATION’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2026. 4. OTHER MATTERS. In their discretion, to vote with respect to any other matters that may properly come before the Meeting or any adjournments thereof. WHEN PROPERLY EXECUTED, THIS PROXY WILL BE VOTED AS DIRECTED HEREIN BY THE SHAREHOLDER. UNLESS OTHERWISE INDICATED, THIS PROXY WILL BE VOTED FOR THE ELECTION AS DIRECTORS OF THE NOMINEES LISTED IN PROPOSAL 1 AND FOR PROPOSALS 2 AND 3. PLEASE MARK, SIGN, DATE AND RETURN THIS PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE-PAID ENVELOPE. FOR ALL NOMINEES WITHHOLD AUTHORITY FOR ALL NOMINEES FOR ALL EXCEPT (See instructions below) INSTRUCTIONS: To withhold authority to vote for any individual nominee(s), mark “FOR ALL EXCEPT” and fill in the circle next to each nominee you wish to withhold, as shown here: PLEASE SIGN, DATE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. PLEASE MARK YOUR VOTE IN BLUE OR BLACK INK AS SHOWN HERE x Please detach along perforated line and mail in the envelope provided. 042326 FOR GO GREEN e-Consent makes it easy to go paperless. With e-Consent, you can quickly access your proxy material, statements and other eligible documents online, while reducing costs, clutter and paper waste. Enroll today via www.equiniti.com\us\ast-access to enjoy online access. CLASS III NOMINEES: CLASS II NOMINEE: O CHRISTIAN C. TRATE AGAINST ABSTAIN FOR AGAINST ABSTAIN

|  | 0 ------------------ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ---------------- 14475 CITIZENS & NORTHERN CORPORATION PROXY SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS FOR ANNUAL MEETING OF SHAREHOLDERS TO BE HELD APRIL 23, 2026 The undersigned hereby appoints Helen S. Santiago and Bobbi J. Kilmer, and each or either of them, as the attorneys and proxies of the undersigned, with full power of substitution in each, to vote all shares of the common stock of Citizens & Northern Corporation which the undersigned would be entitled to vote at the Annual Meeting of Shareholders to be held on Thursday, April 23, 2026, at 2:00 P.M. (Eastern Time), in a virtual meeting format only with no physical location, at edge.media-server.com/mmc/p/fe4ke5cr password: citizens2026 (case sensitive), and at any adjournments thereof, and to vote as follows: (Continued and to be signed on the reverse side) 1.1

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