Company: HBAN
Filing Date: 2025-03-06
Form Type: DEF 14A
Source: 0001308179-25-000044
Chunk: 31

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-03-06
Form: DEF 14A
Chunk 31
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| Compensation                       
 of Executive Officers              
 Compensation Discussion & Analysis |

Set forth below are the peers utilized for the 2023 and 2024 peer groups, which are the same year-over-year.

| Peer                                              
 Banks for 2023                                    |     | Peer                                              
 Banks for 2024                                    |
| Citizens Financial Group, Inc. (CFG)              
 Comerica Incorporated (CMA)                       
 Fifth Third Bancorp (FITB)                        
 KeyCorp (KEY)                                     
 M&T Bank Corporation (MTB)                        
 PNC Financial Services Group, Inc. (PNC)          
 Regions Financial Corporation (RF)                
 Truist Financial Corporation (TFC)                
 U.S. Bancorp (USB)                                
 Zions Bancorporation, National Association (ZION) |     | Citizens Financial Group, Inc. (CFG)              
 Comerica Incorporated (CMA)                       
 Fifth Third Bancorp (FITB)                        
 KeyCorp (KEY)                                     
 M&T Bank Corporation (MTB)                        
 PNC Financial Services Group, Inc. (PNC)          
 Regions Financial Corporation (RF)                
 Truist Financial Corporation (TFC)                
 U.S. Bancorp (USB)                                
 Zions Bancorporation, National Association (ZION) |

Other Policies and Practices Stock Ownership Requirements To reinforce the importance of stock ownership to the Company’s compensation philosophy, the HRCC has imposed ownership requirements since 2006. Executive officers, as well as approximately 60 additional next level executives, subject to the policy are required to meet and maintain a dollar value of ownership based on a multiple of salary. The executive officer’s current base salary is multiplied by their assigned multiple and compared to current holdings, valued based on a 30-day average closing stock price. (1)For the purpose of this policy, shares owned include shares purchased in the open market, shares received upon vesting or exercise of equity awards granted by Huntington, shares held in Huntington benefit and deferred compensation plans, unvested time-based RSUs and restricted stock awards, and shares held by immediate family members sharing the same household. Executive officers generally have five years to meet their ownership levels and thereafter must continue to meet the requirements on an ongoing basis. As of February 18, 2025, each NEO who has served at least five years meets the guidelines. NEO OWNERSHIP COMPARED TO GUIDELINES

| Executive  |     | Multiple |
| Steinour   |     | 10X      |
| Wasserman  |     |