Company: HBAN
Filing Date: 2025-03-06
Form Type: DEF 14A
Source: 0001308179-25-000044
Chunk: 9

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-03-06
Form: DEF 14A
Chunk 9
---
25%                                                                                                  
 of outstanding common stock*                                                                         
 * As of 12/31/24.                                                                                    |

Huntington believes that shareholder engagement is an ongoing process that should occur throughout the year during multiple touchpoints. Therefore, we have developed a robust process that allows us to maintain contact with shareholders and other market participants throughout the year. In addition to hearing from investors about their positions and expectations, we seek to develop and strengthen relationships with them. Our Corporate Governance, Corporate Responsibility, Investor Relations, and Total Rewards teams work closely together to provide an effective, integrated engagement program that positively impacts our shareholders and their representatives. The following provides an overview of our engagement process:

| Engagement                                                                                          
 Process                                                                                             |     |                                                                                                                       |     |                                                                                                                           |
| Early                                                                                               
 Spring                                                                                              
 Publish our proxy statement                                                                         
 and annual report; may seek to engage with shareholders depending on the proposals to be voted upon |     | Mid-Spring                                                                                                            
 Annual shareholder meeting                                                                                            
 with members of the Board and executive management in attendance; analyze voting results following the annual meeting 
 to evaluate shareholder support                                                                                       |     | Autumn                                                                                                                    
 Engage with institutional                                                                                                 
 shareholders through scheduled calls and video conferences that primarily focus on Corporate Responsibility and executive 
 compensation matters                                                                                                      |

| Continuous |

Throughout the year, engage with shareholders and others during conferences, road shows, and earnings calls

| Huntington Bancshares Incorporated      2025 Proxy Statement | 39 |

| Corporate Governance                    
 Commitment to Good Governance Practices |

During the autumn of 2024 outreach calls, we solicited shareholder feedback primarily on our corporate governance framework, corporate responsibility practices and disclosures, and executive compensation. Our independent Lead Director, Mr. Porteous, also has been a frequent speaker on governance matters at director forums and with investors. Feedback from these engagements was summarized and presented to the NESG Committee so that the Board understands what issues are most important to shareholders. The following table sets forth some of the most frequent feedback we received and how we are addressing it:

| What                                                                                                                    
 we heard…                                                                                                               |     | How                                                                                                                          
 we are addressing it…                                                                                                        |
| Shareholders sought insights as                                                                                         
 to Huntington’s corporate governance structure, including board size, composition, desired skills, committee structure, 
 and succession planning.                                                                                                |     | In                                                                                                                           
 2024 and continuing into 2025, we assessed the efficacy of our Board and committee structures in reference to best practices 
 and market standards. In response, we are nominating