Northwest Bancshares (NWBI) 425 Business combination disclosure

Filed by Northwest Bancshares, Inc.

Pursuant to Rule 425 under the Securities Act of 1933

and deemed filed under Rule 14a-12

of the Securities Exchange Act of 1934

Registration Statement No. 333-235669

Subject Company: MutualFirst Financial, Inc.

Commission File No. 000-27905

Date: January 21, 2020