Company: HBAN
Filing Date: 2025-11-13
Form Type: S-4
Source: 0001140361-25-041757
Chunk: 67

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-11-13
Form: S-4
Chunk 67
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#### TABLE OF CONTENTS
These provisions could discourage a potential third-party acquirer that might have an interest in acquiring all or a significant portion of the Huntington Parties or Cadence from considering or proposing that acquisition.

The merger agreement subjects the Huntington Parties and Cadence to certain restrictions on their respective business activities prior to the effective time .

The merger agreement subjects the Huntington Parties and Cadence to certain restrictions on their respective business activities prior to the effective time. Subject to certain specified exceptions, the merger agreement obligates Cadence to, and to cause each of its subsidiaries to, conduct its business in the ordinary course in all material respects and use reasonable best efforts to maintain and preserve intact its business organization and advantageous business relationships. These restrictions could prevent the Huntington Parties and Cadence from pursuing certain business opportunities that arise prior to the effective time. See the section entitled “The Merger Agreement—Covenants and Agreements—Conduct of Businesses Prior to the Completion of the Merger” beginning on page 107 .

The opinions of Huntington’s and Cadence’s financial advisors delivered to the parties’ respective boards of directors prior to the signing of the merger agreement will not reflect changes in circumstances occurring after the date of such opinions .

Each of the opinions of Huntington’s and Cadence’s financial advisors was delivered on, and dated, October 26, 2025. Changes in the operations and prospects of Huntington and Cadence, general market and economic conditions and other factors which may be beyond the control of Huntington and Cadence may have altered the value of Huntington or Cadence or the prices of shares of Huntington common stock and shares of Cadence common stock as of the date of this joint proxy statement/prospectus, or may alter such values and prices by the time the merger is completed. The opinions do not speak as of the time the merger will be completed or as of any date other than the dates of those opinions. See the section entitled “The Merger—Opinion of Huntington’s Financial Advisor” beginning on page 65 and the section entitled “The Merger—Opinion of Cadence’s Financial Advisor” beginning on page 75 .

### Risks Relating to Huntington’s Business
You should read and consider risk factors specific to Huntington’s business that will also affect Huntington after the merger. These risks are described in the sections entitled “Risk Factors” in Huntington’s Annual Report on Form 10-K most recently filed with the SEC and in other documents incorporated by reference into this joint proxy statement/prospectus.