Company: HBAN
Filing Date: 2025-09-11
Form Type: 424B2
Source: 0001193125-25-200581
Chunk: 39

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-09-11
Form: 424B2
Chunk 39
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 spread of 2.70% per annum for each dividend period. The Series B Preferred Stock was not redeemable prior to January 15, 2017. The Series B Preferred Stock is presently redeemable, in whole or in part, from time to time, at our option, at a redemption price equal to the liquidation preference, plus any declared and unpaid dividends. The holders of the Series B Preferred Stock do not have the right to require the redemption or repurchase of the Series B Preferred Stock. The Series B Preferred Stock is also redeemable, in whole but not in part, at any time following a regulatory capital treatment event (as defined in the articles supplementary creating the Series B Preferred Stock), at a redemption price equal to the liquidation preference, plus any authorized, declared and unpaid dividends from the prior dividend period and the pro-ratedportion of unpaid dividends, whether or not declared, for the dividend period in which such redemption occurs. Except as indicated below, the holders of the Series B Preferred Stock do not have any voting rights:

| • |     | If and when the dividends on the Series B Preferred Stock or on any other class or series of our preferred stock                                                                                                                                      
 ranking on a parity with the Series B Preferred Stock that has voting rights equivalent to those of the Series B Preferred Stock have not been authorized, declared and paid for at least six (6) quarterly dividend periods (whether or not          
 consecutive), the holders of the Series B Preferred Stock, together with the holders of all other affected classes and series of preferred stock ranking on a parity with the Series B Preferred Stock, voting 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, will be entitled to elect two (2) additional members of our board of directors, but only if the election of   
 any such directors would not cause us to violate the corporate governance requirement of the NASDAQ (or any other exchange on which our securities may be listed) that listed companies must have a majority of independent directors.                |

| • |     | So long as any shares of the Series B Preferred Stock are outstanding, in addition to any other vote or consent                                                                                                                                           
 of shareholders required by Huntington’s charter, the vote or consent of the holders of at least two-thirds of the outstanding shares of the Series B Preferred Stock and any class or series of securities                                               
 on a parity with similar rights then outstanding, voting together as a single class, with each series