Company: CFG-PE
Filing Date: 2025-07-22
Form Type: 424B2
Source: 0001193125-25-162273
Chunk: 36

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-07-22
Form: 424B2
Chunk 36
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 accrue on all shares so called for redemption, all shares so called for redemption shall no longer be deemed outstanding and all rights with respect to such shares shall forthwith on such redemption date cease and terminate, except only the right of the holders thereof to receive the amount payable on such redemption, without interest. Any funds unclaimed at the end of two years from the redemption date, to the extent permitted by law, shall be released from the trust so established and may be commingled with our other funds, and after that time the holders of the shares so called for redemption shall look only to us for payment of the redemption price of such shares. The Series I Preferred Stock will not be subject to any mandatory redemption, sinking fund or other similar provisions. Holders of Series I Preferred Stock will have no right to require redemption of any shares of Series I Preferred Stock. Liquidation Rights In the event of any liquidation, dissolution or winding up of the Company, whether voluntary or involuntary, before any distribution or payment out of our assets may be made to or set aside for the holders of any junior stock, holders of Series I Preferred Stock will be entitled to receive out of our assets legally available for distribution to our stockholders ( i.e., after satisfaction of all our liabilities to creditors, if any) an amount equal to the stated amount per share, plus any dividends that have been declared but not paid prior to the date of payment of distributions to stockholders, without regard to any undeclared dividends (the “ liquidation preference”). If our assets are not sufficient to pay the liquidation preference in full to all holders of Series I Preferred Stock and all holders of any class or series of our stock that ranks on a parity with Series I Preferred Stock in the distribution of assets on liquidation, dissolution or winding up of the Company, including the Series B Preferred Stock, the Series C Preferred Stock, the Series E Preferred Stock, the Series F Preferred Stock, the Series G Preferred Stock and the Series H Preferred Stock (the “ liquidation preference parity stock”), the amounts paid to the holders of Series I Preferred Stock and to the holders of all liquidation preference parity stock shall be pro ratain accordance with the respective aggregate liquidation preferences of Series I Preferred Stock and all such liquidation preference parity stock. In any such distribution, the “ liquidation preference” of any holder of our stock other than the Series I Preferred Stock means the amount otherwise payable to such holder in such distribution (assuming no limitation on our assets available for such distribution), including an amount