Company: HBAN
Filing Date: 2025-12-01
Form Type: S-4/A
Source: 0001140361-25-043815
Chunk: 238

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-12-01
Form: S-4/A
Chunk 238
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 holders of new Huntington preferred stock and to the holders of all parity stock will be paid pro rata in accordance with the respective amounts that would be payable on such shares if all amounts payable thereon were paid in full.

If the liquidation preference plus any authorized, declared and unpaid dividends has been paid in full to all holders of new Huntington preferred stock, the holders of shares of new Huntington preferred stock will not be entitled to any further participation in any distribution of assets by Huntington.

For purposes of liquidation rights, the merger or consolidation of Huntington with or into any other entity or by another entity with or into Huntington or the sale, conveyance, exchange or transfer (for cash, securities or other consideration) of all or substantially all of the property and assets of Huntington will not be deemed a voluntary or involuntary dissolution, liquidation or winding up of the affairs of Huntington.

#### Voting Rights
The holders of new Huntington preferred stock will have no voting rights and will not be entitled to elect any directors, except as expressly provided by law and except as provided below or as otherwise required by the MGCL:

Supermajority Voting Rights

Unless the vote or consent of the holders of a greater number of shares is then required by law, the affirmative vote or consent of the holders of at least 66 2/3% of all of the shares of the new Huntington preferred stock at the time outstanding and any Voting Parity Stock (as defined in the articles supplementary creating the new Huntington preferred stock), voting together as a single class, will be required to create or issue any shares of capital stock ranking senior to the shares of the new Huntington preferred stock as to dividends and rights upon liquidation, dissolution or winding up, or to reclassify any authorized capital stock into any such shares of such capital stock or issue any obligation or security convertible into or evidencing the right to purchase any such shares of capital stock. Further, so long as any shares of the new Huntington preferred stock remain outstanding, Huntington will not, without the affirmative vote of the holders of at least 66 2/3% in voting power of the new Huntington preferred shares, amend, alter or repeal any provision of the Charter, including by merger, consolidation or otherwise, so as to affect the powers, preferences or special rights of the new Huntington preferred stock. Notwithstanding the foregoing, (i) any increase in the amount of the authorized shares of common stock or preferred stock, or any increase or decrease in the number of shares of any series of preferred stock, or the authorization, creation