Company: HBAN
Filing Date: 2025-12-01
Form Type: S-4/A
Source: 0001140361-25-043815
Chunk: 240

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-12-01
Form: S-4/A
Chunk 240
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 calendar days before the date fixed for Huntington’s next annual or special meeting of the shareholders, in which event such election shall be held at such next annual or special meeting of the shareholders), provided that the election of any preferred stock directors shall not cause Huntington to violate the corporate governance requirements of the NASDAQ (or any other exchange on which the securities of Huntington may at such time be listed) that listed companies must have a majority of independent directors, and provided further that at no time shall the board of directors include more than two (2) preferred stock directors. Notice for a special meeting to elect the preferred stock directors shall be given in a similar manner to that provided in Huntington’s bylaws for a special meeting of the shareholders. If the secretary of Huntington does not call a special meeting within twenty (20) calendar days after receipt of any such request, then any holder of shares of new Huntington preferred stock may (at Huntington’s reasonable expense) call such meeting, upon notice and, for that purpose, shall have access to the stock register of Huntington. The preferred stock directors will each be entitled to one (1) vote per director on any matter. The preferred stock directors elected at any such special meeting will hold office until the next annual meeting of Huntington’s shareholders unless they have been previously terminated or removed pursuant to the next paragraph. In case any vacancy in the office of a preferred stock director occurs (other than prior to the initial election of the preferred stock directors), the vacancy may be filled by the written consent of the preferred stock director remaining in office, or if none remains in office, by a vote of the holders of the outstanding shares of new Huntington preferred stock (together with holders of any shares of Voting Parity Stock) to serve until the next annual meeting of the shareholders.

Whenever full dividends have been paid regularly on the new Huntington preferred stock and any other class or series of preferred stock that ranks on parity with new Huntington preferred stock as to payment of dividends, if any, for the equivalent of at least four (4) dividend periods, then the right of the holders of new Huntington preferred stock to elect such additional two (2) directors will cease (subject to the same provisions for the vesting of the special voting rights in the case of any similar non-payment of dividends in respect of future dividend periods) and the term of office of each preferred stock director so elected will immediately terminate and the number of directors constituting Huntington’s board of directors will be automatically reduced accordingly. Any preferred stock director may be removed at any time without cause by