FNB CORP/PA/ 10-K

ITEM 3. LEGAL PROCEEDINGS We are involved in various pending and threatened legal proceedings in which claims for monetary damages and other relief are asserted. These claims result from ordinary business activities relating to our current and/or former operations. Although the ultimate outcome for any asserted claim cannot be predicted with certainty, we believe that we have valid defenses for all asserted claims. In accordance with applicable accounting guidance, when a loss is considered probable and reasonably estimable, we, in conjunction with internal and outside counsel handling the matter, record a liability in the amount of our best estimate for the ultimate loss. We continue to monitor the matter for further developments that could affect the amount of the accrued liability that has previously been established. Litigation expense represents a key area of judgment and is subject to uncertainty and factors outside of our control. Significant judgment is required in making these estimates and our financial liabilities may ultimately be more or less than the current estimate. The information required by this Item is set forth in the “Other Legal Proceedings” discussion in Note 17, “Commitments, Credit Risk and Contingencies” in the Notes to the Consolidated Financial Statements, which is included in Item 8 of this Report, and which is incorporated herein by reference in response to this Item. ITEM 4. MINE SAFETY DISCLOSURES Not Applicable. 40 Table of Contents INFORMATION ABOUT OUR EXECUTIVE OFFICERS The name, age and principal occupation for each of our executive officers as of January 31, 2024 are set forth below: Name Age Principal Occupation Vincent J. Delie, Jr. 59 Chairman, President and Chief Executive Officer Vincent J. Calabrese, Jr. 61 Chief Financial Officer Gary L. Guerrieri 63 Chief Credit Officer James G. Orie 65 Chief Legal Officer and Corporate Secretary James L. Dutey 50 Corporate Controller and Principal Accounting Officer David B. Mitchell, II 66 Chief Wholesale Banking Officer Barry C. Robinson 60 Chief Consumer Banking Officer There are no family relationships among any of the above executive officers, and there is no arrangement or understanding between any of the above executive officers and any other person pursuant to which he was selected as an officer. The executive officers are elected by our Board of Directors, subject in certain cases to the terms of an employment agreement between the officer and us. 41 Table of Contents PART II.