Company: HBAN
Filing Date: 2025-12-01
Form Type: S-4/A
Source: 0001140361-25-043815
Chunk: 150

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-12-01
Form: S-4/A
Chunk 150
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 Services, Christopher A. Bagley—President and Chief Credit Officer, Edward H. Braddock—Chief Banking Officer and Tyler L. Lambert—Chief Risk Officer. Cadence’s executive officers who are not named executive officers for purposes of this disclosure are Cathy S. Freeman, Jeffrey W. Jaggers, Shanna R. Kuzdzal, Kevin H. McMahon, Jerrell M. Moore and Brian D. Walhood. Cadence’s non-employee directors are

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TABLE OF CONTENTS

Joseph W. Evans, Fernando G. Araujo, Shannon A. Brown, Deborah M. Cannon, Charlotte N. Corley, Virginia A. Hepner, William G. Holliman, Warren A. Hood Jr., Keith J. Jackson, Precious W. Owodunni, Alice L. Rodriguez, and Thomas R. Stanton. Certain Assumptions Except as otherwise specifically noted, for purposes of quantifying the potential payments and benefits described in this section, the following assumptions were used:

| • | the relevant price per share of Cadence common stock is $37.63, which is the average closing price per share of Cadence common stock as reported on the New York Stock Exchange over the first five business days following the first public announcement of the merger on October 26, 2025; |

| • | the employment of each executive officer was terminated by Cadence or Huntington without “cause” or by the executive officer for “good reason” (as such terms are defined in the relevant plans and agreements), in either case immediately following the merger and on the Assumed Closing Date; |

| • | each executive officer’s base salary rate and annual target bonus remain unchanged from those in place as of the Assumed Closing Date; |

| • | each executive officer holds such Cadence equity awards that are outstanding and held by such executive officer as of the Assumed Closing Date; and |

| • | performance under all performance-based Cadence restricted stock unit awards is satisfied at the target performance level (subject to the rTSR Performance Determination described below). |

The amounts provided below in this section do not reflect or attempt to forecast compensation actions that may occur before completion of the merger, including any additional equity grants, issuances or forfeitures that may occur prior to the closing of the merger. Depending on the date upon which the closing of the merger actually occurs, certain Cadence equity incentive awards that are unvested as of the date of this joint proxy statement/prospectus and that are included in