Company: CFG-PE
Filing Date: 2025-03-10
Form Type: DEF 14A
Source: 0000759944-25-000044
Chunk: 69

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-03-10
Form: DEF 14A
Chunk 69
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 and Other Benefits
We provide our executives with financial planning services if desired by the executives. Executives are also covered by relocation and matching charitable contribution programs that generally cover all colleagues, but at increased benefit levels.

Mr. Van Saun uses a Company car, including for travel between his home and his primary office location so that he can most efficiently use that time for business purposes. Mr. Van Saun also has a $100,000 annual allowance relating to his personal use of the Company aircraft. The full incremental cost to the Company of Mr. Van Saun’s personal use of the aircraft has been reflected in the “All Other Compensation” column of the 2024 Summary Compensation Table . In addition, on three occasions during 2024 Mr. Van Saun’s spouse accompanied him on business trips aboard the Company aircraft, which did not result in an incremental cost to the Company.

#### Citizens Financial Group67

#### Compensation Matters

#### Compensation Governance

### Overview
Below is an overview of the governance policies and practices underlying our executive compensation program.

| What We Do                                                                                                                                                                                                                                                                                                                                                                                                       |     | What We Don't Do                                                                                                                                                                                                                                                                      |
| Pay for performance.  A significant portion of our executives’ compensation is granted in the form of awards that are earned based on a combination of Company, divisional, and individual performance.                                                                                                                                                                                                          
 Variable compensation funding and executive compensation awards dependent on risk performance indicators.  Our overall variable compensation funding as well as individual executive compensation awards are determined based on a number of key performance indicators, including, but not limited to, risk performance.                                                                                        
 Pay subject to clawback.  In addition to clawback required by law, we have a broad-based process through which events having a material adverse impact on the Company are reviewed for potential impact on compensation (including clawback or forfeiture), including risk-based events.                                                                                                                         
 Robust compensation plan governance.  Our compensation plans are subject to a robust governance process that involves review by control partners, including risk, legal, human resources, and finance. The plans are subject to an annual risk review, which is conducted by an independent third-party every three years to ensure impartiality and alignment with market practice and regulatory expectations. 
 Stock ownership and retention guidelines.  Our executives and directors are subject to stock ownership and retention guidelines.                                                                                                                                                                                                                                                                                 
 Annual say-on-pay vote.  We submit our executive compensation to an annual say-on-pay vote in order to ensure timely feedback from shareholders.                                                                                                                                                                                                                                                                 
 Shareholder engagement.  We proactively engage with key