Company: HBAN
Filing Date: 2025-08-08
Form Type: S-4/A
Source: 0001140361-25-029894
Chunk: 126

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-08-08
Form: S-4/A
Chunk 126
---
itex adverse recommendation change, the Veritex board of directors will use its reasonable best efforts to obtain from the shareholders of Veritex the requisite Veritex vote, including by communicating to its shareholders its recommendation (and including such recommendation in this proxy statement/prospectus) that they approve the merger agreement and the transactions contemplated thereby (the “Veritex board recommendation”) and will not make a Veritex adverse recommendation change, except as described below. Veritex will engage a proxy solicitor reasonably acceptable to Huntington to assist in the solicitation of proxies from Veritex shareholders relating to the requisite Veritex vote. However, subject to certain termination rights in favor of Huntington as described in the sections entitled “—Termination of the Merger Agreement” and “—Effect of Termination,” if the Veritex board of directors, after receiving the advice of its outside counsel and, with respect to financial matters, its financial advisors, determines in good faith that it would more likely than not result in a violation of its fiduciary duties under applicable law to continue to recommend the merger agreement and the merger, then, prior to the receipt of the requisite Veritex vote, in submitting the merger agreement and the merger to its shareholders, the Veritex board of directors may withhold or withdraw or modify or qualify in a manner adverse to Huntington the Veritex board recommendation or may submit the merger agreement and the merger to its shareholders without recommendation (a “Veritex adverse recommendation change”) (although the resolutions approving the merger agreement as of the date thereof may not be rescinded or amended), in which event the Veritex board of directors may communicate the basis for the Veritex adverse recommendation change to its shareholders in the proxy statement/prospectus or an appropriate amendment or supplement thereto; provided that the Veritex board of directors may not take any actions under this sentence unless (i) it gives Huntington at least three (3) business**

<div align='center'>71</div>

#### TABLE OF CONTENTS
days’ prior written notice of its intention to take such action and a reasonable description of the event or circumstances giving rise to its determination to take such action (including, in the event such action is taken by the Veritex board of directors in response to a Veritex acquisition proposal, the latest material terms and conditions and the identity of the third party in any such Veritex acquisition proposal, or any amendment or modification thereof, or describe in reasonable detail such other event or circumstances)