Company: CFG-PE
Filing Date: 2025-07-22
Form Type: 424B2
Source: 0001193125-25-162273
Chunk: 25

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-07-22
Form: 424B2
Chunk 25
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, and the applicable provisions of the Delaware General Corporation Law.

General

Under ouramended and restated certificate of incorporation, we have authority to issue up to 100,000,000 shares of preferred stock, par value $25.00 per share. Our board of directors is authorized without further stockholder action to cause the issuance
of shares of preferred stock, including the Series I Preferred Stock. As of the date hereof, there are 300,000 shares of Series B Non-Cumulative Perpetual Preferred Stock, $1,000 liquidation preference per
share (the “Series B Preferred Stock”), 300,000 shares of Series C Non-Cumulative Perpetual Preferred Stock, $1,000 liquidation preference per share (the “Series C Preferred Stock”), 450,000 shares of Series E Non-Cumulative Perpetual Preferred Stock, $1,000 liquidation preference per share (the “Series E Preferred Stock”), 400,000 shares of Series F Non-Cumulative Perpetual Preferred Stock, $1,000 liquidation preference per share (the “Series F Preferred Stock”) 300,000 shares of Series G Non-Cumulative
Perpetual Preferred Stock, $1,000 liquidation preference per share (the “Series G Preferred Stock”) and 400,000 shares of Series H Non-Cumulative Perpetual Preferred Stock, $1,000 liquidation
preference per share (the “Series H Preferred Stock”) issued and outstanding.

Any additional preferred stock may be
issued from time to time in one or more series, each with such voting powers, full or limited, or no voting powers, and such designations, preferences and relative, participating, optional or other special rights, and qualifications, limitations or
restrictions thereof, as our board (or a duly authorized committee) may determine prior to the time of issuance. Prior to the issuance of the Series I Preferred Stock, we will have filed the certificate of designations with respect to the Series I
Preferred Stock with the Secretary of State of the State of Delaware.

The Series I Preferred Stock represents a single series of our
authorized preferred stock. We are offering Depositary Shares (or Depositary Shares if the underwriters exercise their overallotment option in full) representing fractional interests in shares
of the Series I Preferred Stock by this prospectus supplement and the accompanying prospectus. Shares of Series I Preferred Stock, upon issuance against full payment for the purchase price for the Depositary Shares