Company: CFG-PE
Filing Date: 2025-07-22
Form Type: 424B2
Source: 0001193125-25-162273
Chunk: 85

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-07-22
Form: 424B2
Chunk 85
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 or winding up of the company. Each series of Citizens preferred stock ranks prior to the Citizens common stock as to payment of dividends and amounts payable on liquidation, dissolution or winding up. Conversion No shares of Citizens preferred stock are convertible into Citizens common stock or any other class or series of Citizens’ securities. Dividends Dividends on the Citizens preferred stock, if declared by the Citizens board, accrue and are payable at the respective rates specified below:

| • |     | Series E preferred stock: quarterly at a fixed rate per annum equal to 5.000%; |

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| • |     | Series H preferred stock: quarterly at a fixed rate per annum equal to 7.375%. |

Dividends on the shares of Citizens preferred stock are non-cumulative.Shares of the Citizens preferred stock have priority over the Citizens common stock with regard to the payment of dividends. Redemption The Citizens preferred stock is not subject to any sinking fund or other similar obligation for repurchase or retirement. The Citizens preferred stock is redeemable at Citizens’ option as follows:

| • |     | the Series B preferred stock is redeemable (i) in whole or in part, from time to time, on any dividend                                                                                                                                        
 payment date on or after July 6, 2023 or (ii) in whole but not in part at any time within 90 days of certain changes to regulatory capital requirements, in each case at a redemption price of $1,000 per share, plus any declared and unpaid 
 dividends, without accumulation of any undeclared dividends;                                                                                                                                                                                  |

| • |     | the Series C preferred stock is redeemable (i) in whole or in part, from time to time, on any dividend                                                                                                                                         
 payment date on or after April 6, 2024 or (ii) in whole but not in part at any time within 90 days of certain changes to regulatory capital requirements, in each case at a redemption price of $1,000 per share, plus any declared and unpaid 
 dividends, without accumulation of any undeclared dividends;                                                                                                                                                                                   |

| • |     | the Series E preferred stock is redeemable (i) in whole or in part, from time to time, on any dividend                                                                                                                                    
 payment date on or after January 6, 2025 or (ii) in whole but not in part at any time within 90 days of certain changes to regulatory capital requirements, in each case at a redemption price of $1,000 per share, plus any declared and