Company: HBAN
Filing Date: 2025-09-11
Form Type: 424B2
Source: 0001193125-25-200581
Chunk: 46

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-09-11
Form: 424B2
Chunk 46
---
-thirds of the outstanding shares of the Series H Preferred Stock and any class or series of preferred                                   
 stock then outstanding that ranks on a parity with the Series H Preferred Stock and has like voting rights that are exercisable and are then outstanding, voting together as a single class, with each series or class having a number of votes   
 proportionate to the aggregate liquidation preference of the outstanding shares of such class or series, given in person or by proxy, either in writing without a meeting or by vote at any meeting called for the purpose, will be necessary for 
 effecting or validating certain charter amendments and certain mergers and consolidations.                                                                                                                                                        |

Series I Preferred Stock. The Series I Preferred Stock ranks, with respect to the payment of dividends and distributions upon liquidation, dissolution or winding-up,(i) on a parity with our Series B Preferred Stock, our Series F Preferred Stock, our Series G Preferred Stock, our Series H Preferred Stock, our Series J Preferred Stock and each class or series of preferred stock we may issue in the future the terms of which expressly provide that such class or series will rank on a parity with the Series I Preferred Stock as to dividend rights and rights on our liquidation, winding up and dissolution and (ii) senior to our common stock and each other class or series of preferred stock we may issue in the future the terms of which do not expressly provide that it ranks on a parity with or senior to the Series I Preferred Stock as to dividend rights and rights on our liquidation, winding-upand dissolution. S-27

The Series I Preferred Stock does not entitle the holder to any preemptive or conversion rights. Dividends on the Series I Preferred Stock are payable quarterly in arrears, when, as and if declared by our board of directors or any duly authorized committee of our board of directors, out of legally available funds, on a non-cumulativebasis. Dividends accrue from the issue date, at a rate of 5.70% per annum on the liquidation preference of $25,000 per share, payable quarterly, in arrears, on each March 1, June 1, September 1 and December 1, commencing on June 9, 2021. The Series I Preferred Stock was not redeemable prior to December 1, 2022. The Series I Preferred Stock is presently redeemable, in whole or in part, from time to time, at our option on any dividend payment date, at a redemption price equal to