Company: CFG-PE
Filing Date: 2025-07-22
Form Type: 424B2
Source: 0001193125-25-162273
Chunk: 79

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-07-22
Form: 424B2
Chunk 79
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 stated in this prospectus or the context otherwise requires (for example, in the references under “Citizens Financial Group, Inc.”), the terms “CFG,”, “Citizens”, “we,” “us,” and “our” refer to Citizens Financial Group, Inc. and do not include its consolidated subsidiaries. TABLE OF CONTENTS

|                                              |     | Page |    |
| Citizens Financial Group, Inc.               |     |      |  1 |
| About this Prospectus                        |     |      |  2 |
| Where You Can Find More Information          |     |      |  3 |
| Risk Factors                                 |     |      |  6 |
| Use of Proceeds                              |     |      |  7 |
| Description of Capital Stock                 |     |      |  8 |
| Description of Depositary Shares             |     |      | 14 |
| Description of Debt Securities               |     |      | 15 |
| Description of Warrants                      |     |      | 15 |
| Description of Purchase Contracts            |     |      | 15 |
| Description of Units                         |     |      | 16 |
| Plan of Distribution (Conflicts of Interest) |     |      | 17 |
| Validity of Securities                       |     |      | 19 |
| Experts                                      |     |      | 19 |

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CITIZENS FINANCIAL GROUP, INC.

Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $219.9 billion in assets as of
June 30, 2024. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions.
Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and
online banking, a full-service customer contact center and the convenience of approximately 3,300 ATMs and more than 1,000 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking,
lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign
exchange, interest rate and commodity risk management solutions, as