Company: CFG-PE
Filing Date: 2025-07-23
Form Type: 424B2
Source: 0001193125-25-163534
Chunk: 68

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-07-23
Form: 424B2
Chunk 68
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 and the underwriters, we have agreed to sell to the underwriters, and each of the underwriters has agreed, severally and not jointly, to purchase from us, the number of Depositary Shares set forth opposite its name below.

| Underwriter                  |     | Number of  
 Depositary 
 Shares     |            |
| Morgan Stanley & Co. LLC .   |     |            |  2,560,000 |
| BofA Securities, Inc.        |     |            |  2,560,000 |
| J.P. Morgan Securities LLC   |     |            |  2,560,000 |
| UBS Securities LLC           |     |            |  2,560,000 |
| Wells Fargo Securities, LLC  |     |            |  2,560,000 |
| Citizens JMP Securities, LLC |     |            |  2,560,000 |
| Drexel Hamilton, LLC         |     |            |    160,000 |
| Mizuho Securities USA LLC    |     |            |    160,000 |
| RBC Capital Markets, LLC     |     |            |    160,000 |
| TD Securities (USA) LLC      |     |            |    160,000 |
| Total                        |     |            | 16,000,000 |

Subject to the terms and conditions set forth in the underwriting agreement, the underwriters have agreed, severally and not jointly, to purchase all of the Depositary Shares sold under the underwriting agreement if any of these shares are purchased. If an underwriter defaults, the underwriting agreement provides that the purchase commitments of the nondefaulting underwriters may be increased or the underwriting agreement may be terminated. We have agreed to indemnify the several underwriters and their controlling persons against certain liabilities in connection with this offering, including liabilities under the Securities Act, or to contribute to payments the underwriters may be required to make in respect of those liabilities. The underwriters are offering the Depositary Shares, subject to prior sale, when, as and if issued to and accepted by them, subject to approval of legal matters by their counsel, including the validity of the shares of Series I Preferred Stock and of the Depositary Shares, and other conditions contained in the underwriting agreement, such as the receipt by the underwriters of officer’s certificates and legal opinions. The underwriters reserve the right to withdraw, cancel or modify offers to the public and to reject orders