Company: HBAN
Filing Date: 2025-09-11
Form Type: 424B2
Source: 0001193125-25-200581
Chunk: 11

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-09-11
Form: 424B2
Chunk 11
---
 changes in the terms of the Preferred Stock and certain other matters (e.g., the authorization of any shares of stock senior to the              
 Preferred Stock). In addition, if dividends on the Preferred Stock are not paid in full for at least six quarterly dividend periods or their equivalent, whether or not consecutive, the holders of the Preferred Stock, acting as a single class with 
 any other parity securities having similar voting rights that are then exercisable, will have the right to elect two directors to our board. The terms of office of these directors will end when we have paid or set aside for payment full dividends 
 for at least one year’s worth of dividend periods on the Preferred Stock and any non-cumulative parity securities and all dividends on any cumulative parity securities have been paid in full. See                                                    
 “Description of the Preferred Stock—Voting Rights.”                                                                                                                                                                                                    |

| Holders of depositary shares must act through the depositary to exercise any voting rights, as described under “Description of the Depositary Shares—Voting the Preferred Stock.” |

| Ranking | The Preferred Stock will rank, with respect to the payment of dividends and distributions upon liquidation, dissolution or winding-up, senior to our common stock and each other class or series of serial preferred stock we may issue in the future, the terms of which do not expressly provide that it ranks on a parity with or senior to the     
 Preferred Stock as to dividend rights and rights on our liquidation, winding-up and dissolution. The Preferred Stock will rank on a parity with (A) our Floating Rate Series B Non-Cumulative Perpetual Preferred Stock, par value $0.01 per share and liquidation value per share of $1,000 (the “Series B Preferred Stock”), (B) our 5.625% Series F 
 Non-Cumulative Perpetual Preferred Stock, par value $0.01 per share and liquidation value per share of $100,000 (the “Series F Preferred Stock”), (C) our 4.450% Series G Non-Cumulative Perpetual Preferred Stock, par value $0.01 per share and liquidation value per share of $100,000 (the “Series G Preferred Stock”), (D) our 4.500% Series H    
 Non-Cumulative Perpetual Preferred Stock, par value $0.01 per share and liquidation value per share of $1,000 (the “Series H Preferred Stock”), (E) our 5.70% Series I