Company: HBAN
Filing Date: 2025-12-01
Form Type: S-4/A
Source: 0001140361-25-043815
Chunk: 161

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-12-01
Form: S-4/A
Chunk 161
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 to the terms of the applicable equity incentive award agreements and CIC Agreement between Cadence and the applicable named executive officer (in the case of Mr. Rollins, including his letter agreement with Huntington). Cadence RSU Awards and Cadence PSU Awards also provide for a dividend equivalent cash payment, that accrues during the vesting period and pays out when such awards are settled. The accelerated vesting of these awards is a “double trigger” benefit triggered upon a qualifying termination of employment following the effective time. |

The components of the amounts shown under the “Equity” in the table above are set forth below:

| Name                  |     | Accelerated Cadence 
   RSU Awards ($)(a) |     | Accelerated Cadence 
      PSU Awards ($) |     | Accelerated Dividend 
      Equivalents ($) |     |  Total ($) |
| James D. Rollins III  |     |                  $0 |     |          $9,355,958 |     |             $367,118 |     | $9,723,076 |
| Valerie C. Toalson    |     |                  $0 |     |          $2,156,611 |     |              $82,938 |     | $2,239,549 |
| Christopher A. Bagley |     |                  $0 |     |          $3,256,412 |     |             $132,325 |     | $3,388,737 |
| Edward H. Braddock    |     |          $1,309,191 |     |          $1,402,123 |     |             $117,003 |     | $2,828,317 |
| Tyler L. Lambert      |     |          $1,248,836 |     |          $1,388,116 |     |             $127,257 |     | $2,764,209 |

| (a) | Excludes Cadence RSU Awards that are treated as vested because the named executive officer is retirement eligible. |

| (3) | Benefits. The amount shown represents (i) the value of the monthly cost of COBRA coverage for a period of 36 months (Messrs. Rollins and Bagley), 30 months (Ms. Toalson) and 24 months (Messrs. Braddock and Lambert), less the employee-portion of such coverage paid by the named executive officer, (ii) either three (3) times (Messrs. Rollins and Bag