- Citizens & Northern Corporation (C&N) completed its merger with Susquehanna Community Financial, Inc. (Susquehanna) on **October 1, 2025**, with Susquehanna merging into C&N and Susquehanna Community Bank merging into Citizens & Northern Bank.  **[810958_0001104659-25-095389_cznc-20251001xex99d1.htm:0]** **[810958_0001104659-25-095389_cznc-20251001x8k.htm:1]** 
- Susquehanna shareholders became entitled to exchange each share of Susquehanna common stock for **0.80 shares of C&N common stock**, with the total aggregate consideration being approximately **2,273,000 shares of C&N Common Stock**.  **[810958_0001104659-25-095389_cznc-20251001xex99d1.htm:0]** **[810958_0001104659-25-095389_cznc-20251001x8k.htm:1]** 
- Effective October 1, 2025, **Christian C. Trate** was appointed to the boards of directors of C&N and Citizens & Northern Bank.  **[810958_0001104659-25-095389_cznc-20251001xex99d1.htm:0]** **[810958_0001104659-25-095389_cznc-20251001x8k.htm:1]** 
- **David S. Runk** and **Jeffrey G. Hollenbach**, former executives of Susquehanna, joined the C&N team as Executive Vice President and Strategic Advisor, and Executive Vice President and Region President, respectively.  **[810958_0001104659-25-095389_cznc-20251001xex99d1.htm:0]**

Citizens & Northern Corporation completes merger with Susquehanna Community Financial, Inc.

- Citizens & Northern Corporation (C&N) and Susquehanna Community Financial, Inc. (Susquehanna) have received all required **regulatory and shareholder approvals** for their merger.  **[810958_0001104659-25-092067_cznc-20250922xex99d1.htm:0]** **[810958_0001104659-25-092067_cznc-20250922x8k.htm:1]** 
- The merger is expected to **close on October 1, 2025**, pending satisfaction of customary closing conditions.  **[810958_0001104659-25-092067_cznc-20250922xex99d1.htm:0]** **[810958_0001104659-25-092067_cznc-20250922x8k.htm:1]** 
- The Agreement and Plan of Merger between C&N and Susquehanna was dated as of **April 23, 2025**.  **[810958_0001104659-25-092067_cznc-20250922xex99d1.htm:0]**

CITIZENS & NORTHERN (CZNC)