Company: CFG-PE
Filing Date: 2025-03-10
Form Type: DEF 14A
Source: 0000759944-25-000044
Chunk: 74

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-03-10
Form: DEF 14A
Chunk 74
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 equity grant dates. The Compensation and HR Committee has delegated the authority to make off-cycle equity grants under the Amended and Restated Citizens Financial Group, Inc. 2014 Omnibus Incentive Plan (the "2014 Omnibus Plan") to participants other than our executives to the Equity Committee of the Board, which is comprised of our Chairman and CEO, subject to limits established by the Compensation and HR Committee.

#### Tax Deductibility of Compensation
Under Section 162(m) of the Internal Revenue Code, a public company generally may not deduct compensation in excess of $1 million paid to its CEO and other covered officers. The Company does not specifically consider this limitation in determining executive compensation.

Compensation and HR Committee Interlocks and Insider Participation

None of the members of the Compensation and HR Committee who served during 2024 is a current or former officer or employee of the Company or any of our subsidiaries. No Company executive officer served on the compensation committee of another entity that employed an executive officer who also served on our Board. No Company executive officer served as a director of an entity that employed an executive officer who also served on our Compensation and HR Committee.

#### Compensation and HR Committee Report
The Compensation and HR Committee has reviewed and discussed the CD&A included in this proxy statement with members of management, and based on such review and discussions, the Compensation and HR Committee recommended to the Board that the CD&A be included in this proxy statement.

The Compensation and Human Resources Committee

Edward J. Kelly III (Chair)

William P. Hankowsky

Michele Siekerka

Christopher J. Swift

Wendy A. Watson

#### Citizens Financial Group71

#### Compensation Matters

#### Executive Compensation Tables

#### 2024 Summary Compensation Table
This 2024 Summary Compensation Tabl e reflects the compensation of our NEOs in accordance with SEC reporting rules, which require that cash awards be disclosed in the year earned and that equity grants be disclosed in the year of grant (regardless of whether they were earned for performance during that year or the prior year).

| Name and Principal Position                      |     | Year |           |     |           | Salary 
 ($)    | Bonus  
 ($)(3) |           |     | Stock  
 Awards 
 ($)(4) |            |   | Change in    
 Pension      
 Value and    
 Nonqualified 
 Deferred     
 Compensation 
 Earnings     
 ($)(5)       |         |   | All          
 Other        
 Compensation 
 ($)(6)       |            |     |            | Total