Company: CFG-PE
Filing Date: 2025-03-10
Form Type: DEF 14A
Source: 0000759944-25-000044
Chunk: 66

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-03-10
Form: DEF 14A
Chunk 66
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 risk framework and policies supporting the Private Bank and the use of generative AI.                                                                                                                                                                                                                                       
 •Advanced risk management capabilities through strategic hiring decisions, with meaningful talent additions and development investments made in Operational Risk Management, Compliance, Credit Risk, and Enterprise Risk Management.                                                                                                                                                                                                                                                 |

#### Citizens Financial Group63

#### Compensation Matters

#### Compensation and HR Committee Assessment
Following the determination of the corporate performance factor, the Compensation and HR Committee performs an assessment for each NEO which is based on individual performance (such as performance of the NEO's division, momentum toward longer-term goals, leadership, etc.) and any other factors the Compensation and HR Committee feels are relevant in determining compensation (such as position to market, compensation history, internal parity, and the external environment). As part of this assessment, the Compensation and HR Committee may adjust the compensation for NEOs +/-20% from the corporate performance factor percentage. During this discussion, the CEO and Chief Human Resources Officer provide input on the performance of executives other than themselves. Recommendations for the CEO's compensation are also based on the Compensation and HR Committee's discussion with its independent consultant.

#### 2024 Compensation Decisions
The information below reflects the performance year 2024 compensation decisions for our NEOs, along with the specific accomplishments considered by the Compensation and HR Committee in its assessments of performance. Final variable pay decisions for the NEOs ranged from 98.7% to 103.5% of target variable compensation, following the Compensation and HR Committee's assessment.

| Bruce Van Saun                       
 Chairman and Chief Executive Officer |     |        |     | Overall Target    Achievement Level |     | Variable   |           |     |   |     |                Salary |           |     | Target Variable Compensation |     | Total Comp |           |     |   |     |       |            |     | 2024 Performance Year Compensation |     |   |            |     |   |     |                    |            |
|:-------------------------------------|:----|-------:|:----|:------------------------------------|:----|:-----------|----------:|:----|:--|:----|----------------------:|----------:|:----|:-----------------------------|:----|:-----------|----------:|:----|:--|:----|:------|-----------:|:----|:-----------------------------------|:----|:--|-----------:|:----|:--|:----|:-------------------|-----------:|
|                                      |     | 103.5% |     |