Company: HBAN
Filing Date: 2025-03-06
Form Type: DEF 14A
Source: 0001308179-25-000044
Chunk: 7

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-03-06
Form: DEF 14A
Chunk 7
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            |     |               183,566 |
| Teresa H. Shea               |     |                10,302 |
| Roger J. Sit                 |     |                40,048 |
| Jeffrey L. Tate              |     |                40,048 |

| 36 | Huntington Bancshares Incorporated      2025 Proxy Statement |

| Election of Directors     
 Compensation of Directors |

Director Deferred Compensation Plan We offer a deferred compensation program that allows the members of the Board to elect to defer receipt of all or a portion of the cash and equity compensation payable to them in the future for services as Directors. Amounts deferred will accrue interest, earnings, and losses at the market rate of the investment option selected by the participant. The investment options consist of Huntington common stock and a variety of mutual funds that are generally available under and/or consistent with the types of investment options available under our tax-qualified 401(k) Plan for colleagues. A Director’s account will be distributed either in a lump sum or in annual installments, as elected by each Director, following the age or date specified by the Director at the time the deferral election was made, or the Director’s termination as a Director. All the assets of the current and predecessor plans are subject to the claims of our creditors. As of December 31, 2024, the participating Directors’ accounts under the current and predecessor plans were substantially comprised of Huntington common stock and had the values set forth in the table below.

| Participating Directors      |     | Account Balance at 
  December 31, 2024 |
|:-----------------------------|:----|-------------------:|
| Alanna Y. Cotton             |     |        $   422,800 |
| Ann B. (Tanny) Crane         |     |          1,373,902 |
| Rafael Andres Diaz-Granados  |     |            258,840 |
| J. Michael Hochschwender     |     |            116,300 |
| John C. (Chris) Inglis       |     |            193,921 |
| Richard H. King              |     |             38,637 |
| Katherine M.A. (Allie) Kline |     |             77,192 |
| Richard W. Neu               |     |          3,773,773 |
| Kenneth J. Phelan            |     |            731,360 |
| David L. Porteous            |     |          1,862,404 |