Company: CFG-PE
Filing Date: 2025-02-24
Form Type: 424B2
Source: 0001193125-25-032848
Chunk: 7

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-02-24
Form: 424B2
Chunk 7
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 the next succeeding Business Day, but interest on that payment will not accrue during the period from and after the scheduled final Floating Rate Interest Payment Period End-Date. |

| Rate Cut-Off Date | The “Rate Cut-Off Date” means the second U.S. Government Securities Business Day (as defined below) prior to the Maturity Date or the redemption date, as applicable. |

| Ranking | The notes will be our unsecured obligations and will rank equally in right of payment with all of our other existing and future unsecured and unsubordinated indebtedness. All of our secured indebtedness will have a prior claim with respect to      
 the assets securing that indebtedness. None of our existing or future subsidiaries will guarantee our obligations under the notes, and, accordingly, the notes will be structurally subordinated to all existing and future liabilities of our existing 
 and future subsidiaries. As of December 31, 2024, CBNA had total deposits, debt and other liabilities of approximately $191.7 billion, all of which would be structurally senior to the notes.                                                          |

| Repurchase at Option of Holders | The notes will not be subject to repayment at the option of the holders at any time prior to maturity. |

| Optional Redemption | The notes may be redeemed by us, at our option, in whole or in part, at any time or from time to time, on or after     , 2025 (180 days from     , 2025) (or, if additional notes are issued                                   
 thereafter, beginning 180 days after the issue date of such additional notes), and prior to     , 20 (the date that is one year prior to the Maturity Date), at a redemption price (expressed as a percentage of the principal 
 amount and rounded to three decimal places), equal to the greater of:                                                                                                                                                          |

| • |     | (a) the sum of the present values of the remaining scheduled payments of principal and interest on the notes to                                                                                                                                                                                                                                             
 be redeemed, discounted to the redemption date (assuming that the notes to be redeemed matured on     , 20  (the date that is one year prior to the Maturity Date)) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the applicable Treasury Rate (as defined in this prospectus supplement) plus