Company: CFG-PE
Filing Date: 2025-02-25
Form Type: 424B2
Source: 0001193125-25-035197
Chunk: 4

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-02-25
Form: 424B2
Chunk 4
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 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 well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities.

Citizens is a bank holding company which was incorporated under Delaware state law in 1984 whose primary federal regulator is the Board of
Governors of the Federal Reserve System (“Federal Reserve”). Our primary subsidiary is Citizens Bank, N.A. (“CBNA”), a national banking association whose primary federal regulator is the Office of the Comptroller of the Currency
(“OCC”). For a description of our business, financial condition, results of operations and other important information regarding CFG, we refer you to our filings with the SEC incorporated by reference in this prospectus supplement and the
accompanying prospectus. For instructions on how to find copies of these documents, see “Where You Can Find More Information.”

Our principal executive offices are located at One Citizens Plaza, Providence, RI, 02903 and our telephone number is (203) 900-6715.

S-1

THE OFFERING The following is a brief summary of certain terms of this offering. For a more complete description of the terms of the notes, see “Description of the Notes” in this prospectus supplement.

| Issuer | Citizens Financial Group, Inc. |

| Notes Offered | $750,000,000 aggregate principal amount of 5.253% Fixed/Floating Rate Senior Notes due 2031. |

| Interest Rate | During the Fixed Rate Period, the notes will bear interest at 5.253% per annum. |

| During the Floating Rate Period, the notes will bear interest in accordance with the formula for SOFR set forth under “Description of the Notes—Payment of Principal and Interest—Calculation of Accrued                                           
 Interest during Floating Rate Periods,” plus 1.259%. The interest rate on the notes will in no event be higher than the maximum rate permitted by New York law as the same may be modified by United States law of general application and will in 
 no event be lower than zero.                                                                                                                                                                                                                       |

| Day Count Convention | During the Fixed Rate Period, interest will be computed on the basis of a 360-day year consisting of twelve 30