Company: HBAN
Filing Date: 2025-11-13
Form Type: S-4
Source: 0001140361-25-041757
Chunk: 234

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-11-13
Form: S-4
Chunk 234
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 parity stock without the vote of the holders of the new Huntington preferred stock or, subject to the voting rights of the new Huntington preferred stock, may authorize and issue any class of securities ranking senior to the new Huntington preferred stock as to dividends and the distribution of assets upon any voluntary or involuntary liquidation, dissolution or winding up of the affairs of Huntington.

#### Dividends
Holders of new Huntington preferred stock will be entitled to receive, if, as and when declared by the Huntington board of directors or any duly authorized committee of the Huntington board of directors, but only out of assets legally available therefor, non-cumulative cash dividends on the liquidation preference of

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#### TABLE OF CONTENTS
$25,000 per share of new Huntington preferred stock, and no more, payable quarterly in arrears on each February 20, May 20, August 20 and November 20; provided, however, if any such day is not a business day, then payment of any dividend otherwise payable on that date will be made on the next succeeding day that is a business day (without any interest or other payment in respect of such delay) (each such day on which dividends are payable a “dividend payment date”), commencing with the first such dividend payment date to occur after the closing date. The period from and including the date of issuance of the new Huntington preferred stock or any dividend payment date to but excluding the next succeeding dividend payment date is a “dividend period,” except that the initial dividend period which shall be the period from, and including, the most recent dividend payment date prior to closing (subject to adjustment if the closing occurs between a record date and a dividend payment date) to, but excluding, the next succeeding dividend payment date. Dividends on each share of new Huntington preferred stock will accrue on the liquidation preference amount of $25,000 per share at a rate per annum equal to 5.50%. The record date for payment of dividends on the new Huntington preferred stock will be the close of business on the fifteenth (15th) calendar day before that dividend payment date or such other record date fixed by the Huntington board of directors that is not more than sixty (60) nor less than ten (10) calendar days prior to such dividend payment date. The amount of dividends payable will be computed on the basis of a three hundred sixty (360)-day year consisting of twelve (12) thirty (30)-day months. Notwithstanding any other provision