Company: CFG-PE
Filing Date: 2025-03-10
Form Type: DEF 14A
Source: 0000759944-25-000044
Chunk: 90

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-03-10
Form: DEF 14A
Chunk 90
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#### Compensation Matters

#### Potential Payments Table
The following table summarizes estimated payments and benefits that would have been provided to our NEOs pursuant to their employment agreements, our severance practice, and the terms of outstanding awards in connection with a termination of employment under various scenarios or a change of control. For all NEOs except Ms. Johnson, the Potential Payments Table below reflects estimated payments and benefits to which they would be entitled under various termination scenarios and upon a change of control, in each case, assuming such event occurred on December 31, 2024. It should also be noted that upon a voluntary termination or a retirement as of December 31, 2024, Messrs. Woods and Coughlin would also be required to repay to the Company the restricted cash portion of the LSAs that was paid to them in June 2024.

Ms. Johnson retired from the Company on March 3, 2025 and did not receive any cash or other benefits in connection with her retirement. For Ms. Johnson, the Potential Payments Table below reflects that her outstanding equity awards as of December 31, 2024 remain outstanding following her retirement because she met related retirement eligibility requirements, other than her LSA RSUs and LSA PSUs which were forfeited. The cash and equity awards awarded to her as 2024 variable compensation are disclosed in "Compensation Discussion and Analysis—Executive Compensation Overview—NEO 2024 Performance Year Compensation".

For a summary of the material terms of the outstanding equity awards, the severance to which NEOs would be entitled, and the terms and conditions of our NEOs’ employment agreements, see “—Equity Awards”, “—Severance ” and “—Employment Agreements with Our NEOs” above.

| Name                  |     |    |     | Voluntary   
 Termination 
 ($)(4)      |           |     |    |     | Voluntary   
 Termination 
 with Good   
 Reason      
 ($)         |            |     |     |     | Not for Cause 
 Termination   
 ($)           |            |     |     |     | For CauseTermination($) |   |     | Change of                      
 Control Qualifying Termination 
 ($)                            |            |     |     |     | Change ofControl Only(No RelatedTermination)($) |   |     | Death 
 ($)   |            |     |     |     | Disability 
 ($)        |            |     |     |     | Retirement 
 ($)(4)     |            |     |