Company: CFG-PE
Filing Date: 2025-03-10
Form Type: DEF 14A
Source: 0000759944-25-000044
Chunk: 94

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-03-10
Form: DEF 14A
Chunk 94
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 three-year performance period and time-based RSUs that vest ratably over three years.                                                 
 •Equity compensation awards do not accelerate in the event of retirement or change of control.                                                                                                                                                                                                                                          |
| Review of Risk Performance Conducted by our Chief Risk Officer                                                                                                                                                                                                                                                                          |
| •The Chief Risk Officer conducts an annual review of executives’ risk performance.                                                                                                                                                                                                                                                      
 •Inputs to this review include a risk performance questionnaire designed by the Chief Risk Officer and completed by second line of defense Risk partners who have worked closely with the executive, audit results, conduct risk metrics, and executives’ self-evaluations against risk objectives.                                     
 •The resulting risk score is taken into consideration by the Compensation and HR Committee in determining executives’ compensation.                                                                                                                                                                                                     |

Based on the Compensation and HR Committee’s most recent review of our compensation policies and practices for all of our colleagues, it has concluded that our compensation policies and practices are not reasonably likely to have a material adverse impact on the Company.

#### 862025 Proxy Statement

#### Compensation Matters

#### Dodd-Frank Compensation Disclosure

#### CEO Pay Ratio
SEC rules require us to disclose the ratio of the annual total compensation of our CEO, Bruce Van Saun, to our median employee’s annual total compensation. For the year ended December 31, 2024:

• The annual total compensation for Mr. Van Saun as reported in the 2024 Summary Compensation Table was $10,630,796.

• The annual total compensation of our median employee was $77,882.

• The resulting ratio of Mr. Van Saun’s annual total compensation to that of our median employee is 136 to 1.

For the 2024 year, we have used the same median employee that was identified and referred to as our median employee in our proxy statement covering fiscal year 2023 as we believe there have been no significant changes in our employee population or compensation arrangements during fiscal year 2024 that would significantly affect our CEO pay ratio calculation. We have calculated and combined all of the elements of this employee’s compensation for the full 2024 year in accordance with the requirements of Item 402(u) of Regulation S-K.

When we identified this colleague as our median employee last year, we reviewed our employee population as of November 30, 2023 and the amount of their compensation for the period of January 1, 2023 through November 30, 2023 as would be reported to the Internal Revenue Service in Box 1, which we determined reasonably reflects the