Company: CFG-PE
Filing Date: 2025-03-10
Form Type: DEF 14A
Source: 0000759944-25-000044
Chunk: 33

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-03-10
Form: DEF 14A
Chunk 33
---
 environmental, social, governance and sustainability matters that pertain to its directives.

#### Citizens Financial Group35

#### Corporate Governance Matters
| Nominating and Corporate                                                                                                                                                                                                      
 Governance Committee                                                                                                                                                                                                          
 Oversees our commitment to sustainability-related matters by monitoring implementation of our Sustainability & Impact strategy, completion of materiality assessments, and the evolution of sustainability-related practices. |     | Risk Committee                                                                                                                                                                                            
 Oversees risks associated with sustainability-related matters through its oversight of the operation of the Company’s Enterprise Risk Management Governance Framework, under which all risks are managed. |

| Compensation & HR Committee                                                                                                                                                                                           
 Oversees compensation programs and policies, talent management and succession, and human capital matters. The Compensation and HR Committee also evaluates executive performance and approves executive compensation. |     | Audit Committee                                                                                                                                                                                                                                                                                                                         
 Oversees the internal control environment for material sustainability-related disclosures, approving the inclusion thereof into relevant external reports. The Audit Committee also oversees the Conduct and Ethics Office, which has responsibility for identification and oversight of risks associated with our culture and conduct. |

Board oversight is supported by a management structure which facilitates the provision of strategic direction and guidance, coordinates the execution of sustainability-related initiatives, and ensures appropriate management of sustainability-related risks. This structure includes management oversight forums with executive engagement and accountability. In addition to the management structure, sustainability-related working groups drive implementation of related initiatives and various risk forums ensure sustainability-related risks are integrated into our ERMGF.

#### Company Strategy Oversight
The Board is responsible for guiding and ultimately approving the strategic direction of the Company and overseeing execution of the Company’s strategic plan. Every year the Board holds an offsite meeting dedicated to reviewing the Company’s long-term strategy. This review includes detailed discussions with management, investors, securities analysts and industry experts. At each of its meetings, the Board assesses the Company’s strategic, competitive and financial performance to ensure continued alignment with the long-term strategy.

| Hold two-day strategy session annually which includes presentations from external experts and senior executives across the Company. |     | Continuously review the Company's strategic, competitive and financial performance to ensure alignment with its long-term strategy. |     | Conduct site visits and hold Board meetings at different office locations to provide firsthand experience of the Company’s operations. |     | Regularly meet with the next generation of leadership to ensure visibility into the talent pipeline. |

### Management Succession Planning
The Company has a robust talent strategy, which includes the assessment of talent at various levels across the organization on a regular basis. As part of this strategy, the Compensation and HR