Company: HBAN
Filing Date: 2025-08-08
Form Type: S-4/A
Source: 0001140361-25-029894
Chunk: 88

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-08-08
Form: S-4/A
Chunk 88
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 in securities, KBW and its affiliates may from time to time have a long or short position in, and buy or sell, debt or equity securities of Veritex or Huntington for its and their own respective accounts and for the accounts of its and their respective customers and clients. Pursuant to the KBW engagement agreement, Veritex agreed to pay KBW a cash fee equal to 1.25% of the aggregate merger consideration, $2,000,000 of which became payable to KBW concurrently with Veritex entering

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into the merger agreement (subject to the rendering of KBW’s opinion) and the balance of which is contingent upon the closing of the merger. Veritex also agreed to reimburse KBW for reasonable out-of-pocket expenses and disbursements incurred in connection with its retention and to indemnify KBW against certain liabilities relating to or arising out of KBW’s engagement or KBW’s role in connection therewith. Other than in connection with the present engagement, during the two (2) years preceding the date of its opinion, KBW did not provide investment banking or financial advisory services to Veritex. During the two (2) years preceding the date of its opinion, KBW provided investment banking and financial advisory services to Huntington and received compensation for such services. KBW acted as a co-manager in connection with debt offerings by Huntington in August 2023, January 2024, November 2024 and February 2025 and received aggregate fees (including underwriting discounts) of approximately $430,000 from Huntington. KBW may in the future provide investment banking and financial advisory services to Veritex or Huntington and receive compensation for such services. Interests of Veritex’s Directors and Executive Officers in the Merger In considering the recommendation of the Veritex board of directors with respect to the merger, Veritex shareholders should be aware that certain of Veritex’s directors and executive officers have interests in the merger, including financial interests, that may be different from, or in addition to, the interests of the other shareholders of Veritex generally. The Veritex board of directors was aware of and considered these interests during its deliberations on the merits of the merger and in determining to recommend to Veritex shareholders that they vote for the Veritex merger proposal and thereby approve the transactions contemplated by the merger agreement, including the merger. See the sections entitled “The Merger—Background of the Merger” and “The Merger