Company: HBAN
Filing Date: 2025-09-11
Form Type: 424B2
Source: 0001193125-25-200581
Chunk: 19

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-09-11
Form: 424B2
Chunk 19
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 or upon our dissolution, winding-upand liquidation and other terms. Though the approval of a supermajority of the holders of Preferred Stock and any class or series of preferred stock then outstanding that ranks on a parity with the Preferred Stock and has similar rights, voting together as a single class, with each series or class having a number of votes proportionate to the aggregate liquidation preference of the outstanding share of such class or series, will be needed to issue any equity security ranking senior to the Preferred Stock, if we issue preferred stock in the future that has a preference over our Preferred Stock with S-9

respect to the payment of dividends or upon liquidation, or if we issue preferred stock with voting rights that dilute the voting power of the Preferred Stock, the rights of holders of our
Preferred Stock or the market price of our Preferred Stock could be adversely affected. The market price of our Preferred Stock could decline as a result of sales of Preferred Stock made after this offering or other offerings, as well as other sales
of a large block of shares of our Preferred Stock or similar securities in the market thereafter, or the perception that such sales could occur. We may need to increase our authorized capital in order to raise such equity capital.

The dividend rate will reset on the First Reset Date and each subsequent reset date and any dividends declared may be less than the initial fixed annual rate of 6.250% in effect until the First Reset Date.

The annual dividend rate on the Preferred Stock for each reset period will
equal the five-year treasury rate as of the most recent reset dividend determination date plus 2.653% per annum. Therefore, the dividend rate and any dividends declared after the First Reset Date could be more or less than the rate for the initial
five-year period. We have no control over the factors that may affect five-year treasury rates, including geopolitical conditions and economic, financial, political, regulatory, judicial or other events that may impact five-year treasury rates.

The historical five-year treasury rates are not an indication of future five-year treasury rates.

In the past, U.S. treasury rates have experienced significant fluctuations. You should note that historical levels, fluctuations and trends of
U.S. treasury rates are not necessarily indicative of future levels. Any historical upward or downward trend in U.S. treasury rates is not an indication that U.S. treasury rates are more or less likely to increase or decrease at any time during the
reset period, and you should not take the historical U.S. treasury rates as an indication of future