Company: CFG-PE
Filing Date: 2025-07-23
Form Type: 424B2
Source: 0001193125-25-163534
Chunk: 73

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-07-23
Form: 424B2
Chunk 73
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 a person who is one (or more) of the following: |

| (i) | a retail client as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as it forms part of 
 domestic law by virtue of the EUWA; or                                                                  |

| (ii) | a customer within the meaning of the provisions of the FSMA and any rules or regulations made under the FSMA to                                                                                                                     
 implement Directive (EU) 2016/97, where that customer would not qualify as a professional client, as defined in point (8) of Article 2(1) of Regulation (EU) No 600/2014 as it forms part of domestic law by virtue of the EUWA; or |

| (iii) | not a qualified investor as defined in Article 2 of Regulation (EU) 2017/1129 as it forms part of domestic law 
 by virtue of the EUWA; and                                                                                     |

| b) | the expression “offer” includes the communication in any form and by any means of sufficient                                                                            
 information on the terms of the offer and the Depositary Shares to be offered so as to enable an investor to decide to purchase or subscribe for the Depositary Shares. |

In the United Kingdom, the Depositary Shares may not be offered other than by an underwriter that:

| a) | has only communicated or caused to be communicated and will only communicate or cause to be communicated an                                                                                                                                    
 invitation or inducement to engage in investment activity (within the meaning of Section 21 of the FSMA) received by it in connection with the issue or sale of the Depositary Shares in circumstances in which Section 21(1) of the FSMA does 
 not apply to Citizens; and                                                                                                                                                                                                                     |

| b) | has complied and will comply with all applicable provisions of the FSMA with respect to anything done by it in 
 relation to the Depositary Shares in, from or otherwise involving the United Kingdom                           |

In addition, this prospectus supplement and the accompanying prospectus are being distributed only to, and are directed only at, and any offer subsequently made may only be directed at (i) persons who are outside the United Kingdom or (ii) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the “Order”) or (iii) persons who are high net worth