Company: HBAN
Filing Date: 2025-03-06
Form Type: DEF 14A
Source: 0001308179-25-000044
Chunk: 44

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-03-06
Form: DEF 14A
Chunk 44
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 the following measures:

| Huntington’s cumulative TSR and KBW Bank Index                        
 cumulative TSR;                                                       |
| Huntington’s Net Income; and                                          |
| the Company Selected Measure, which for Huntington is Adjusted ROTCE. |

CAP versus Indexed Total Shareholder Return CAP versus Net Income CAP versus Adjusted ROTCE*

| * | Non- GAAP, see Appendix A to this proxy statement for more information |

| 106 | Huntington Bancshares Incorporated      2025 Proxy Statement |

| Compensation of Executive Officers 
 Pay Ratio Disclosure               |

Pay Ratio Disclosure We are providing this disclosure pursuant to a rule adopted by the SEC implementing a mandate of the Dodd-Frank Act. The rule requires disclosure of the annual total compensation of the median employee, excluding the CEO, the annual total compensation of the CEO, and the ratio of these amounts. For purposes of this disclosure, annual total compensation for both the median employee and the CEO is determined in accordance with the definition of annual total compensation as disclosed in the Summary Compensation Table. In accordance with the rule, we used the same median employee for 2024 that we identified as of December 31, 2023. The median employee for 2024 was determined from among the Company’s employees (excluding the CEO) using a consistently applied compensation measure. The consistently applied compensation measure was 2023 W-2 Box 1 data as reflected in the Company’s payroll records for each employee (full-time, part-time, seasonal, or temporary, and on long-term leave, but excluding the CEO) employed as of December 31, 2023. The median employee serves as a Senior Fraud Investigator. The median employee’s annual total compensation for 2024 was determined for purposes of this disclosure. This ratio is a reasonable estimate calculated in a manner consistent with SEC Regulation S-K Item 402(u).

| Median                             
 Employee Annual Total Compensation |     | $ |     73,567 |
| CEO                                
 Annual Total Compensation          |     | $ | 10,025,663 |
| Ratio                              |     |   |      136:1 |

| Huntington Bancshares Incorporated      2025 Proxy Statement | 107 |

Audit Matters

| Proposal 3                                                                                                        | Ratification of the Appointment of Independent Registered Public Accounting Firm |     |                                                                 |
| Following                                                                                                         
 assessment of the qualifications, performance, and independence of PwC, our current                               
 auditors, the Audit Committee has again selected PwC to serve as our independent registered                       
 public accounting firm for 2025.