Company: HBAN
Filing Date: 2025-12-01
Form Type: S-4/A
Source: 0001140361-25-043815
Chunk: 35

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-12-01
Form: S-4/A
Chunk 35
---
 in preparing the opinion, is attached as

#### Annex C
**to this document. The opinion was for the information of, and was directed to, the Cadence board of directors (in its capacity as such) in connection with its consideration of the financial terms of the merger. The opinion did not address the underlying business decision of Cadence to engage in the merger or enter into the merger agreement or constitute a recommendation to the Cadence board of directors in connection with the merger, and it does not constitute a recommendation to any holder of Cadence common stock or any shareholder of any other entity as to how to vote in connection with the merger or any other matter.

For more information, see the section entitled “The Merger—Opinion of Cadence’s Financial Advisor,” beginning on page 75 and**

#### Annex C
.

Appraisal or Dissenters’ Rights in the Merger (page 100)

Holders of Huntington common stock are not entitled to appraisal or dissenters’ rights under the MGCL and holders of Cadence common stock are not entitled to appraisal or dissenters’ rights under the MBCA. For more information, see the section entitled “The Merger—Appraisal or Dissenters’ Rights in the Merger” beginning on page 100 .

Interests of Cadence’s Directors and Executive Officers in the Merger (page 91)

In considering the recommendation of the Cadence board of directors with respect to the merger, Cadence shareholders should be aware that certain of Cadence’s directors and executive officers have interests in the merger, including financial interests, that are different from, or in addition to, the interests of the other shareholders of Cadence generally. The Cadence board of directors was aware of and considered these interests, among other matters, during its deliberations on the merits of the merger and in determining to recommend to Cadence shareholders that they vote for the Cadence merger proposal, the Cadence compensation proposal and the Cadence adjournment proposal.

<div align='center'>15</div>

TABLE OF CONTENTS

These interests include, among others, the following:

| • | each of Cadence’s directors and executive officers holds unvested equity incentive awards and, at the effective time of the merger, each outstanding equity incentive award will be treated in accordance with the terms set forth in the merger agreement, as discussed in the section entitled “The Merger—Interests of Cadence's Directors and Executive Officers in the Merger—Treatment of Outstanding Cadence Equity Awards” below