Company: HBAN
Filing Date: 2025-07-14
Form Type: 425
Source: 0001140361-25-025734
Chunk: 24

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-07-14
Form: 425
Chunk 24
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 of CRE Credits (>$25M of exposure) All Top 75 C&I Credits (>$1M of exposure) Credit Underwriting & CECL Commercial Real Estate & Commercial Lending Specialty Lending Information Technology & Cybersecurity Operations Human Resources Risk Management Finance, Tax & Accounting Regulatory & Compliance Internal Audit & Legal Credit Due Diligence Approach Reviewed risk framework, credit policies, strategies, committee materials, and loan files Assessment of performance trends across credit migration, delinquencies, and historical losses Commercial loan portfolio Top lending relationships and exposures Commercial real estate, other commercial, and specialty lending portfolios Consumer loan portfolio Review of credit file samples Statistical analysis across portfolio segments Detailed Due Diligence Process Aligned to Maintain Huntington’s Aggregate Moderate-to-Low Risk Appetite Dedication of Company-Wide Resources to Assess Benefits, Risks, and Opportunities Comprehensive Due Diligence Process Huntington is a Partner of Choice Highly selective process Attractive returns Disciplined Acquirer 1 Delivering broad-based capabilities and industry expertise through local relationships Retaining key partner leadership and employees People and Culture 2 Commitment to local communities Initiating a $10 million philanthropic commitment for Texas Community 3 4 10

Strong Execution & Disciplined Acquisition is Springboard for Growth Multiple growth drivers Investment in revenue producing initiatives with strong returns Financial results demonstrate delivery of organic growth model Executing Organic Strategy Clear strategic fit Cultural alignment Financially attractive Disciplined Acquirer Entering new markets and expanding customer relationships Enhancing competitive positioning Driving value creation Springboard for Growth 1 2 3 10

APPENDIX

Non-GAAP Reconciliation Average Tangible Common Equity, ROTCE 14 ($ in millions) 2Q24 1Q25 2Q25 Average common shareholders’ equity $16,861 $18,007 $18,559 Less: intangible assets and goodwill 5,685 5,651 5,640 Add: net tax effect of intangible assets 25 19 16 Average tangible common shareholders’ equity (A) $11,201 $12,375 $12,935 Less: average accumulated other comprehensive income (AOCI) (3,033) (2,705) (2,471) Adjusted average tangible common shareholders’ equity (B) $14,234 $15,080 $15,406 Net income available to common $439 $500 $509 Add: amortization of intangibles 12 11 11 Add: deferred tax (3) (2) (2) Adjusted net