Company: HBAN
Filing Date: 2025-12-01
Form Type: S-4/A
Source: 0001140361-25-043815
Chunk: 232

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-12-01
Form: S-4/A
Chunk 232
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#### TABLE OF CONTENTS

### DESCRIPTION OF NEW HUNTINGTON PREFERRED STOCK
At the effective time, by virtue of the merger and without any action on the part of Huntington, Cadence or any holder of securities thereof, each share of Cadence series A preferred stock issued and outstanding immediately prior to the effective time will be converted into the right to receive one (1) depositary share representing one one-thousandth (1/1000th) of a share of new Huntington preferred stock. The following briefly summarizes the terms and provisions of the new Huntington preferred stock. This summary contains a description of the material terms of the new Huntington preferred stock, and it is qualified in its entirety by reference to Huntington’s charter, including the articles supplementary creating the new Huntington preferred stock and the applicable provisions of Maryland law and federal law governing bank holding companies.

#### General
The Huntington charter currently authorizes the Huntington board of directors, without further shareholder action, to cause Huntington to issue up to 6,617,808 shares of Huntington preferred stock, par value $0.01 per share, and to classify and reclassify any unissued shares of Huntington preferred stock by establishing the preferences, conversion or other rights, voting powers, restrictions, limitations as to dividends, qualifications, terms or conditions of redemption or other rights thereof, without further vote or action by Huntington shareholders. The Huntington charter may be amended from time to time to increase the number of authorized shares of Huntington preferred stock. Any such amendment would require the approval of the holders of two-thirds (2/3) of the votes entitled to be cast on the matter. As of the date of this joint proxy statement/prospectus, there are 35,500 shares of Huntington series B preferred stock issued and outstanding, 5,000 shares of Huntington series F preferred stock issued and outstanding, 5,000 shares of Huntington series G preferred stock issued and outstanding, 500,000 shares of Huntington series H preferred stock issued and outstanding, 7,000 shares of Huntington series I preferred stock issued and outstanding, 325,000 shares of Huntington series J preferred stock issued and outstanding and 7,500 shares of Huntington series K preferred stock issued and outstanding (collectively, the “parity stock”).

In connection with the merger, Huntington will file articles supplementary classifying and designating 6,900 shares of authorized but unissued Huntington preferred stock, as new Huntington preferred stock, with the preferences and rights, voting powers, restrictions, limitations as to dividends and other distributions