Company: CFG-PE
Filing Date: 2025-07-23
Form Type: 424B2
Source: 0001193125-25-163534
Chunk: 26

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-07-23
Form: 424B2
Chunk 26
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 B Preferred Stock”), 300,000 shares of Series C Non-Cumulative Perpetual Preferred Stock, $1,000 liquidation preference per share (the “Series C Preferred Stock”), 450,000 shares of Series E Non-Cumulative Perpetual Preferred Stock, $1,000 liquidation preference per share (the “Series E Preferred Stock”), 400,000 shares of Series F Non-Cumulative Perpetual Preferred Stock, $1,000 liquidation preference per share (the “Series F Preferred Stock”) 300,000 shares of Series G Non-Cumulative
Perpetual Preferred Stock, $1,000 liquidation preference per share (the “Series G Preferred Stock”) and 400,000 shares of Series H Non-Cumulative Perpetual Preferred Stock, $1,000 liquidation
preference per share (the “Series H Preferred Stock”) issued and outstanding.

Any additional preferred stock may be
issued from time to time in one or more series, each with such voting powers, full or limited, or no voting powers, and such designations, preferences and relative, participating, optional or other special rights, and qualifications, limitations or
restrictions thereof, as our board (or a duly authorized committee) may determine prior to the time of issuance. Prior to the issuance of the Series I Preferred Stock, we will have filed the certificate of designations with respect to the Series I
Preferred Stock with the Secretary of State of the State of Delaware.

The Series I Preferred Stock represents a single series of our
authorized preferred stock. We are offering 16,000,000 Depositary Shares representing fractional interests in shares of the Series I Preferred Stock by this prospectus supplement and the accompanying prospectus. Shares of Series I Preferred Stock,
upon issuance against full payment for the purchase price for the Depositary Shares, will be fully paid and nonassessable.

The Series I
Preferred Stock will not be convertible into, or exchangeable for, shares of our common stock or any other class or series of our other securities and will not be subject to any sinking fund or any other obligation of us for their repurchase or
retirement. The Series I Preferred Stock represents non-withdrawable capital, will not be an account of an insurable type, and will not be insured or guaranteed by the FDIC or any other governmental agency or
instrumentality.

The number of authorized shares of the Series I Preferred Stock initially is 400,000and the “stated amount” per