Company: HBAN
Filing Date: 2025-12-01
Form Type: S-4/A
Source: 0001140361-25-043815
Chunk: 60

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-12-01
Form: S-4/A
Chunk 60
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untington may be unable to retain Huntington, Huntington National Bank or Cadence personnel successfully while the merger is pending or after the merger is completed .

The success of the merger will depend in part on Huntington’s ability to retain the talents and dedication of key employees currently employed by the Huntington Parties and Cadence. It is possible that these employees may decide not to remain with the Huntington Parties or Cadence, as applicable, while the merger is pending or with Huntington after the merger is consummated. If the Huntington Parties and Cadence are unable to retain key employees, including management, who are critical to the successful integration and future operations of the companies, the Huntington Parties and Cadence could face disruptions in their operations, loss of existing customers, loss of key information, expertise or know-how and unanticipated additional recruitment costs. In addition, if key employees terminate their employment, or if an insufficient number of employees are retained to maintain effective operations, Huntington’s business activities may be adversely affected and management’s attention may be diverted from successfully integrating Huntington National Bank and Cadence to hiring suitable replacements, all of which may cause Huntington’s business to suffer. In addition, the Huntington Parties and Cadence may not be able to locate or retain suitable replacements for any key employees who leave any of the companies. For more information, see the section entitled “The Merger—Governance of Huntington After the Merger” beginning on page 97 .

Regulatory approvals may not be received, may take longer than expected or may impose conditions that are not presently anticipated or that could have an adverse effect on Huntington following the merger .

Before the merger may be completed, various approvals, consents and non-objections must be obtained from the OCC and other regulatory authorities. In determining whether to grant these approvals, the regulators consider a variety of factors, including the regulatory standing of each party and the factors described under “The Merger—Regulatory Approvals” beginning on page 98 . These approvals could be delayed or not obtained at all, including due to any or all of the following: an adverse development in either party’s regulatory standing, or any other factors considered by regulators in granting such approvals; governmental, political or community group inquiries, investigations or opposition; or changes in legislation or the political environment.

The approvals that are granted may impose terms and conditions, limitations, obligations or costs, require branch divestitures, or place restrictions on the conduct of Huntington’s business following the merger or require changes to the terms of the transactions contemplated by the merger agreement. There can