Company: HBAN
Filing Date: 2025-03-06
Form Type: DEF 14A
Source: 0001308179-25-000044
Chunk: 39

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-03-06
Form: DEF 14A
Chunk 39
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 subject to federal and state income tax withholding.

| 98 | Huntington Bancshares Incorporated      2025 Proxy Statement |

| Compensation of Executive Officers 
 Executive Compensation Tables      |

Pension Benefits 2024 The Retirement Plan and the SRIP were frozen as of December 31, 2013. Only colleagues hired before January 1, 2010, are eligible to participate in these plans. Messrs. Steinour and Kleinman are the only NEOs participating in these plans. The table below presents information for Messrs. Steinour and Kleinman under the Retirement Plan and the SRIP.

| Name                |     | Plan Name       |     |     Number of Years 
 of Credited Service 
              (#)(1) |     |    Present Value of 
 Accumulated Benefit 
              ($)(2) |     | Payments During  
 Last Fiscal Year 
 ($)              |
| Stephen D. Steinour |     | Retirement Plan |     |                   5 |     |             163,114 |     | —                |
|                     |     | SRIP            |     |                   5 |     |           1,018,403 |     | —                |
| Scott D. Kleinman   |     | Retirement Plan |     |                22.5 |     |             588,593 |     | —                |

| (1) | Years of credited service reported in the table                                                                            
 are the final years of credited service, frozen as of December 31, 2013.                                                   |
| (2) | This column reflects the actuarial present value of the NEO’s                                                              
 accumulated benefit under the Retirement Plan and the SRIP as of December 31, 2024. The valuation method used to determine 
 the benefit figures shown, and all material assumptions applied, are discussed in Note 16 “Benefit Plans” of the           
 Notes to Consolidated Financial Statements for the fiscal year ended December 31, 2024.                                    |

Messrs. Wasserman and Standridge and Ms. Hingst were hired after January 1, 2010 and are not eligible to participate in the Retirement Plan or the SRIP. Eligibility for participation in the SRIP is limited to colleagues eligible to participate in the Retirement Plan who (a) have been nominated by the HRCC; and (b) earn compensation in excess of the limitation imposed by Code Section 401(a)(17) or whose benefit exceeds the limitation of Code Section 415(b). Benefits under both the Retirement