Company: HBAN
Filing Date: 2025-08-15
Form Type: 424B3
Source: 0001140361-25-031511
Chunk: 90

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-08-15
Form: 424B3
Chunk 90
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 Holford and Karaba and Mses. Harper and Renfro upon a qualifying termination in connection with the merger under their respective employment agreements, see “—Merger-Related Compensation for Veritex Named Executive Officers” below.

The estimated aggregate value of the severance and other benefits described above (other than the equity award vesting, which is quantified above in “—Treatment of Outstanding Veritex Equity Awards”) that would be payable to Veritex’s three (3) executive officers who are not named executive officers (Messrs. Anderson, Donnelly and McDaniel) under their employment agreements with Veritex if the merger were to be completed on October 1, 2025 and each executive officer experienced a change-in-control termination on that date is $4,264,293.69.

#### Consulting Agreement with Terry S. Earley
Veritex is party to a consulting agreement with Mr. Earley (the “consulting agreement”), the retired Chief Financial Officer of Veritex, dated as of July 1, 2025. Pursuant to the consulting agreement, Mr. Earley provides consulting services to Veritex for a fee $165,000 per year, payable in equal monthly installments. Upon the termination of the consulting agreement by Veritex without cause (which is currently anticipated to occur upon the second vesting date of the retention bonus payable to Mr. Earley under his retention agreement described below in “—Huntington Retention Agreement with Terry S. Earley”), Mr. Earley will be entitled to a lump-sum payment of the fees payable for the remainder of the one (1)-year term.

For an estimate of the amount that would be payable to Mr. Earley upon termination of the consulting agreement by Veritex without cause in connection with the merger, see “—Merger-Related Compensation for Veritex Named Executive Officers” below.

#### Huntington Employment Arrangements
Huntington Letter Agreement with C. Malcolm Holland

On July 13, 2025, Huntington entered into a letter agreement (a “letter agreement”) with Mr. Holland which sets forth the terms of his service as an advisor to Huntington after the consummation of the merger.

Mr. Holland will serve as an advisor to Huntington as “Chairman of Texas” beginning at the effective time through the third anniversary of the effective time. In consideration of Mr. Holland’s provision of the advisory services and compliance with the restrictive covenants described below, Mr. Holland