Company: HBAN
Filing Date: 2025-12-01
Form Type: S-4/A
Source: 0001140361-25-043815
Chunk: 239

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-12-01
Form: S-4/A
Chunk 239
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, and issuance of other classes or series of capital stock, in each case ranking on parity with or junior to the shares of the new Huntington preferred shares as to dividends and distribution of assets upon liquidation, dissolution or winding up, shall not be deemed to affect such powers, preferences or special rights, and (ii) a merger or consolidation of Huntington with or into another entity in which the shares of the new Huntington preferred stock (1) remain outstanding or (2) are converted into or exchanged for preference securities of the surviving entity or any entity, directly or indirectly, controlling such surviving entity and such new preference securities have powers, preferences and special rights that are not materially less favorable than the new Huntington preferred stock shall not be deemed to affect the powers, preferences or special rights of the new Huntington preferred stock.

Special Voting Right

If and whenever dividends on the new Huntington preferred stock or any other class or series of preferred stock that ranks on parity with the new Huntington preferred stock as to payment of dividends, and upon which voting rights equivalent to those granted by this paragraph and the next three (3) paragraphs have been conferred and are exercisable, have not been paid in an aggregate amount equal, as to any class or series, to at least six (6) quarterly dividend periods (whether consecutive or not), the number of directors constituting the

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#### TABLE OF CONTENTS
Huntington board of directors will be increased by two (2), and the holders of the new Huntington preferred stock (together with holders of any Voting Parity Stock), will have the right, voting separately as a single class without regard to series, to the exclusion of the holders of Huntington common stock, to elect two (2) directors of Huntington to fill such newly created directorships (and to fill any vacancies in the terms of such directorships), provided that the Huntington board of directors will at no time include more than two (2) such directors. Each such director elected by the holders of shares of new Huntington preferred stock and any other class or series of preferred stock that ranks on parity with the new Huntington preferred stock as to payment of dividends is a “preferred stock director.”

The election of the preferred stock directors will take place at any annual meeting of shareholders or any special meeting called at the request of the holders of record of at least twenty percent (20%) of the aggregate voting power of the new Huntington preferred stock or any other series of Voting Parity Stock (unless such request is received less than ninety (90)