Company: CFG-PE
Filing Date: 2025-07-22
Form Type: 424B2
Source: 0001193125-25-162273
Chunk: 7

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-07-22
Form: 424B2
Chunk 7
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 historical or current facts is a forward-looking statement. These statements often include the words “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “goals,” “targets,” “initiatives,” “potentially,” “probably,” “projects,” “outlook,” “guidance” or similar expressions or future conditional verbs such as “may,” “will,” “likely,” “should,” “would,” and “could.” Forward-looking statements are based upon the current beliefs and expectations of management, and on information currently available to management. Our statements speak as of the date they are made, and we do not assume any obligation to update these statements or to update the reasons why actual results could differ from those contained in such statements in light of new information or future events after the date of this prospectus supplement, except as may be required by law. We caution you, therefore, against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. While there is no assurance that any list of risks and uncertainties or risk factors is complete, important factors that could cause actual results to differ materially from those in the forward-looking statements include the following, without limitation:

| • |     | Negative economic, business and political conditions, including as a result of the interest rate environment,                                                                                      
 supply chain disruptions, tariffs, inflationary pressures and labor shortages, that adversely affect the general economy, housing prices, the job market, consumer confidence and spending habits; |

| • |     | The general state of the economy and employment, as well as general business and economic conditions, and changes 
 in the competitive environment;                                                                                   |

| • |     | Our capital and liquidity requirements under regulatory standards and our ability to generate capital and 
 liquidity on favorable terms;                                                                             |

| • |     | The effect of changes in our credit ratings on our cost of funding, access to capital markets, ability to market 
 our securities, and overall liquidity position;                                                                  |

| • |     | The effect of changes in the level of commercial and consumer deposits on our funding costs and net interest 
 margin;                                                                                                      |

| • |     | Our ability to execute on our strategic business initiatives and achieve our financial performance goals across 
 our Consumer and Commercial businesses, including our Private Bank;                                             |

| • |     | The effects of geopolitical instability, including the wars in Ukraine and the Middle East, on economic and                                                            
 market conditions, inflationary pressures and the