Exhibit 99.1

ANNUAL STOCKHOLDERS’ MEETING APRIL 25, 2023

DISCUSSION 2022 Results First Quarter 2023 Moving Forward

The foregoing material may contain forward-looking statements. We caution that such statements may be subject to a number of uncertainties and actual results could differ materially, and therefore, you should not place undue reliance on any forward-looking statements. Norwood Financial Corp does not undertake and specifically disclaims any obligation to publically release the results of any revisions that may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.

summry

â–ª Loan Portfolio Growth of $119 million â–ª Redeployment of Low-Earning Overnight Liquidity into Higher Earning Loans â–ª Positive Effects of Rising Interest Rates

EARNINGS GROWTH

EARNINGS PER SHARE

PERFORMANCE RATIOS

PERFORMANCE RATIOS RETURN ON EQUITY

DIVIDENDS PER SHARE

CASH DIVIDENDS PAYOUT RATIO

TOTAL ASSETS

â–ª Total Assets Decreased $21 million to $2.0 billion  Economic Stimulus Fund Runoff PPP Loans Paid Off â–ª Total Loan Increased $119 million in 2022  $90 million Increase in Retail Loans $29 million Increase in Commercial Loans â–ª Deposits Decreased $29 million  Economic Stimulus

NON-PERFORMING ASSETS

ALLOWANCE FOR LOAN LOSSES

COVERAGE RATIO

â–ª Yield on Interest-Earning Assets Increased 9 Basis Points to 3.90% â–ª Cost of Interest-Bearing Liabilities Increased 10 Basis Points to 0.52%    

NET INTEREST MARGIN

NET INTEREST MARGIN COMPARISON

OPERATING EXPENSES

EFFICIENCY RATIO

EFFECTIVE SPENDING

CAPITAL AT YEAR END

SHARE REPURCHASE PROGRAM â–ª In 2021, Program Announced to Buy Back up to 5% of Outstanding Shares â–ª In 2022, Over 94,000 Shares of Stock were Repurchased.

â–ª RECAP 2022    Record Earnings â–ª ROA = 1.43% â–ª ROE = 16.11% â–ª Grew Loans By 8.8% â–ª Increased Cash Dividend by 3.6% in Q4 â–ª Maintained Strong Credit Quality Metrics â–ª Managed Most Significant Increase in Interest Rates by Fed in Over 40 Years

OPTIMISMS FUTURE UPPORTUNITIES

LOOKING FORWARD

â–ª Earnings of $5,782,000 â–ª EPS of $0.71 â–ª ROA = 1.13% â–ª ROAE = 13.61%    

â–ª Total Assets of $2.104 billion â–ª Total Loans of $1.536 billion â–ª Total Deposits of $1.756 billion â–ª Stockholder’s Equity of $176.4 million    

Net Interest Income: $16.1 million Net Interest Spread: 2.83% Other Income: $1.9 million Operating Expenses: $10.4 million    

â–ª 16.7% Annual Loan Increase â–ª 6.6% Annual Deposit Increase â–ª Well-Capitalized    

POSITIVE CHANGE AND PROGRESS

PENN YAN COMMUNITY OFFICE EXPANSION & RELOCATION

RANKED ONE OF THE TOP 100 PERFORMING BANKS IN THE COUNTRY Profitability Capital Adequacy Asset Quality Shareholder Return

FOCUS ON TECHNOLOGY Easily Access Your Debit Card 24/7 From Your Mobile Device Instant Alerts, Turn Card Off if Lost or Stolen, and Create Travel Plan Notifications Used by Over 5,000 Customers

FOCUS ON TECHNOLOGY Over 46,000 Mobile Banking Users Over 7,500 Mobile Deposit Capture Users

FRAUD PREVENTION, EDUCATION, & AWARNESS

HELPING THE COMMUNITY GROW â– 1,237 Retail Loans just under $100 million

BUSINESS DEVELOPMENT IN PENNSYLVANIA

BUSINESS DEVELOPMENT IN NEW YORK

OUR MISSION Build Lasting Relationships with Customers Help Local Businesses Grow and Thrive Reinvest in Communities we Serve Expand into New Markets Reward Shareholders

Thank you