Company: CFG-PE
Filing Date: 2025-02-24
Form Type: 424B2
Source: 0001193125-25-032848
Chunk: 26

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-02-24
Form: 424B2
Chunk 26
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 the
maximum rate permitted by New York law as the same may be modified by United States law of general application and will in no event be lower than zero. Interest will be computed on the basis of actual number of days in each interest period (or any
other relevant period) and a 360-day year.

The term “Floating Rate Interest Payment
Date” means the second Business Day following each Floating Rate Interest Payment Period End-Date (as defined below); provided that the Floating Rate Interest Payment Date with respect to the final
Floating Rate Interest Payment Period (as defined below) will be the Maturity Date or, if the notes are redeemed during the Floating Rate Period, the redemption date (each Floating Rate Interest Payment Date and each Fixed Rate Interest Payment
Date, an “Interest Payment Date”). On each Floating Rate Interest Payment Date, accrued interest will be paid for the most recently completed Floating Rate Interest Payment Period.

“Floating Rate Interest Payment Periods” mean the quarterly periods used to calculate interest on the notes during the Floating Rate
Period, which is paid on the Floating Rate Interest Payment Dates. With respect to a Floating Rate Interest Payment Date, interest is calculated from and including the second most recent Floating Rate Interest Payment Period End-Date (or from and including , 20 in the case of the first Floating Rate Interest Payment Period) to but excluding the immediately preceding Floating Rate Interest Payment
Period End-Date; provided that (i) the Floating Rate Interest Payment Period with respect to the final Floating Rate Interest Payment Date (i.e., the Maturity Date or, if the notes are redeemed
during the Floating Rate Period, the redemption date) will be the period from and including the second-to-last Floating Rate Interest Payment Period End-Date to but excluding the Maturity Date or, if the notes are redeemed during the Floating Rate Period, the redemption date, as applicable, and (ii) with respect to such final Floating Rate Interest Payment
Period, the level of SOFR for each calendar day in the period from and including the Rate Cut-Off Date (as defined below) to, but excluding, the Maturity Date or, if the notes are redeemed during the Floating
Rate Period, the redemption date shall be the level of SOFR in respect of such Rate Cut-Off Date.

The “Floating Rate Interest Payment Period End-Dates” mean ,
, and in each year, beginning on , 20 and ending on the Maturity Date or, if the notes are redeemed during the Floating Rate
Period, the redemption date