Company: CFG-PE
Filing Date: 2025-03-10
Form Type: DEF 14A
Source: 0000759944-25-000044
Chunk: 12

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-03-10
Form: DEF 14A
Chunk 12
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 plans to issue additional off- cycle succession awards in the future, the Compensation and HR Committee and Board will continue to take whatever actions they believe are necessary to manage the Company effectively and avoid any disruptions to long-term value creation.

#### Citizens Financial Group15

#### Corporate Governance Matters
| PROPOSAL 
 1        |     |                                                                                                                                                                        |     | Elect the Thirteen Named Director Nominees           |
|          |     | Elect each of the director nominees nominated by the Board to serve until the 2026 annual meeting or until their respective successors are duly elected and qualified. |     |                                                      |
|          |     |                                                                                                                                                                        |     | The Board recommends a voteFOReach director nominee. |

Our Restated Certificate of Incorporation, or Charter, and Amended and Restated Bylaws provide that the Board shall consist of between five and twenty-five directors, excluding any directors elected by holders of preferred stock pursuant to provisions applicable only in the case of nonpayment of dividends under the terms of our preferred stock. The Board fixes the exact number of directors from time to time and has fixed the number at 14 until the conclusion of the Annual Meeting when Ms. Watson will retire, following which it will decrease to 13. At each annual meeting, directors are elected to hold office for a term of one year expiring at the next annual meeting.

The Board has nominated 13 of the 14 currently serving directors for election at the Annual Meeting to serve until the 2026 annual meeting or until their respective successors are duly elected and qualified. If any nominee is unable to serve as a director, the Board by resolution may reduce the number of directors or choose a substitute nominee. We are not aware of any nominee who will be unable to or will not serve as a director.

| Majority Voting and Director Resignation Policy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
 Our Bylaws provide for the election of directors by a majority of the votes cast in an uncontested election. This means that the 13 individuals nominated for election to the Board must receive more “FOR” than “AGAINST” votes (among votes properly cast at the meeting, electronically or by proxy) to be elected. Abstentions and broker non-votes are not considered votes cast for the foregoing purpose, and will have no effect on the election of nominees. Proxies cannot be voted for a greater number of persons than the number of nominees named. There is no cumulative voting. If any nominee for any reason is unable to serve or will not serve, proxies may