Company: CFG-PE
Filing Date: 2025-03-10
Form Type: DEF 14A
Source: 0000759944-25-000044
Chunk: 28

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-03-10
Form: DEF 14A
Chunk 28
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 Executive Officer, the Board, based on a recommendation from the Nominating and Corporate Governance Committee, appoints a Lead Independent Director annually. The Lead Independent Director facilitates communication between independent directors and the Chairman and Chief Executive Officer, provides advice and guidance to the Chairman and Chief Executive Officer on board leadership, executive management and strategic matters, and has the authority to call meetings of the independent directors. Mr. Kelly, having extensive knowledge of our industry and more than 20 years’ experience serving as a director at numerous public company boards across different industries, serves in this role.

Outlined below is a summary of the key duties and responsibilities of the Chairman, Chief Executive Officer, and the Lead Independent Director which are described in full in our Corporate Governance Guidelines which are available on the corporate governance section of our website at https://investor.citizensbank.com/about-us/investor-relations/corporate-governance.aspx .

#### Citizens Financial Group29

#### Corporate Governance Matters
| Bruce Van Saun      |     |                                                                                                                                          |     | Chairman                                                                                                                                                                     
 Presides at all meetings of the Board and annual meeting of shareholders                                                                                                     
 Together with the Lead Independent Director, reviews and approves the meeting agendas and schedules to assure content and sufficient time for discussion of all agenda items 
 Facilitates and encourages communication between management and the Board                                                                                                    |     |                                                                                                                                                             |     | CEO                                                                                          
 Manages and directs the business and affairs of the Company under the oversight of the Board 
 Develops and executes the Company's strategy against short- and long-term objectives         
 Builds and oversees the executive team                                                       |
| Edward J. Kelly III |     |                                                                                                                                          |     | Lead Independent Director                                                                                                                                                    |     |                                                                                                                                                             |     |                                                                                              |
|                     |     |                                                                                                                                          |     | Facilitator                                                                                                                                                                  |     |                                                                                                                                                             |     | Collaborator                                                                                 |
|                     |     | Presides at Board and shareholder meetings where the Chairman is not present, including executive sessions of the independent directors  
 Serves as a liaison, facilitating communication between independent directors and the Chairman and Chief Executive Officer               
 Provides advice and guidance to the Chairman on board leadership, executive management and corporate strategy matters                    |     |                                                                                                                                                                              |     | Reviews and approves agendas/agenda planners and materials for Board meetings in coordination with the Chairman, adding items to the agendas as appropriate 
 Calls meetings of the independent directors as required                                                                                                     |     |                                                                                              |
|                     |     |                                                                                                                                          |     | Independent Advocate                                                                                                                                                         |     |