Company: CFG-PE
Filing Date: 2025-03-10
Form Type: DEF 14A
Source: 0000759944-25-000044
Chunk: 29

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-03-10
Form: DEF 14A
Chunk 29
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                             |     | Communicator                                                                                 |
|                     |     | Independent advocate ensuring accountability to investors when potential conflicts of interest arise between management and shareholders |     |                                                                                                                                                                              |     | Discusses with the CEO, together with the Chair of the Compensation and HR Committee, the results of the Board’s annual evaluation of the CEO’s performance 
 Communicates with major shareholders and regulators upon request                                                                                            |     |                                                                                              |

#### Executive Sessions of Our Non-Employee Directors
The Company’s non-employee directors, who are all independent, participate in regularly scheduled executive sessions in which management does not participate. In addition, each of the Board committees, which are comprised solely of independent directors, hold regularly scheduled executive sessions. Our Lead Independent Director presides over each executive session of the Board. Any shareholder who wishes to communicate with our Lead Director, Mr. Kelly, or any of our other directors may do so in the manner described in " —Board Engagement—Communications with the Board" .

#### Committees of the Board
Our Board has six standing committees. Four of these committees (Audit, Compensation and HR, Nominating and Corporate Governance and Risk) meet on a regular basis. The Executive Committee meets as needed and is composed of our Chairman and Chief Executive Officer, Mr. Van Saun, our Lead Independent Director and Chair of the Compensation and HR Committee, Mr. Kelly, and Chair of the Nominating and Corporate Governance Committee, Mr. Hankowsky. The Executive

#### 302025 Proxy Statement

#### Corporate Governance Matters
Committee may act on behalf of the Board and reports its actions to the full Board. The Equity Committee is composed of our Chairman and Chief Executive Officer and acts as needed to make equity grants (subject to certain limitations determined by the Compensation and HR Committee) between annual grant cycles and reports its actions to the Compensation and HR Committee. See “ Compensation Matters—Compensation Discussion and Analysis—Compensation Governance —Process for Approval of Equity Grants ”. In carrying out its duties, each committee of the Board is authorized to select, retain, terminate and approve fees and other terms of independent legal or other advisors as it deems appropriate without seeking approval of management or the full Board.

| Wendy A. Watson(Chair)   
 Members:                 
 Lee Alexander            
 Tracy A. Atkinson        
 Christine M. Cumming     
 Robert G. Leary          
 Terrance J. Lillis       
 Meetings held in 2024:12 |     | Audit Committee                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
 The Audit Committee reviews and, as it de