Company: CFG-PE
Filing Date: 2025-03-10
Form Type: DEF 14A
Source: 0000759944-25-000044
Chunk: 98

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-03-10
Form: DEF 14A
Chunk 98
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) used by the Company to link NEO compensation for the most recently completed fiscal year to Company performance.

The graph below illustrates the trend in “compensation actually paid” over the last five years to our TSR performance, as well as our TSR relative to the KBW Nasdaq Bank Index ("BKX"). This illustrates that for each year presented below our compensation moved in alignment with our TSR performance, increasing in 2021 and 2024 and decreasing in 2022 and 2023, and that our TSR performance was stronger than the BKX during all five time periods.

| Compensation Actually Paid vs. TSR Performance |

| n | PEO Pay |     | n | Average Non-PEO NEO Pay |     | – | CFG TSR |     | – | BKX TSR |

Additionally, the following graphs illustrate the trend in “compensation actually paid” over the last five years relative to our GAAP Net Income and Underlying ROTCE. This illustrates that for each year presented below, our compensation moved in alignment with our GAAP Net Income and Underlying ROTCE, except from 2021 to 2022 when our Underlying ROTCE improved while compensation decreased and from 2023 to 2024 when our GAAP Net Income and Underlying ROTCE decreased while compensation increased.

#### Citizens Financial Group89

#### Compensation Matters
| Compensation Actually Paid vs. GAAP Net Income |

| n | PEO Pay |     | n | Average Non-PEO NEO Pay |     | – | GAAP Net Income |

| Compensation Actually Paid vs. Underlying ROTCE |

| n | PEO Pay |     | n | Average Non-PEO NEO Pay |     | – | Underlying ROTCE |

As also required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of Regulation S-K, below is a list of the most important financial measures used by the Compensation and HR Committee to link executive compensation to Company performance for the 2024 performance year.

• Underlying ROTCE

• Underlying Earnings per Share

• Underlying Efficiency Ratio

#### 902025 Proxy Statement

#### Audit Matters
| PROPOSAL 
 3        |     |                                                                                                                                            |     | Ratify the Appointment of our Independent Registered Public Accounting Firm |
|          |     | Ratify the Appointment of Deloitte & Touche LLP (“Deloitte”) as our Independent Registered Public Accounting Firm for the 2025 fiscal year |     |