Company: HBAN
Filing Date: 2025-03-06
Form Type: DEF 14A
Source: 0001308179-25-000044
Chunk: 46

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-03-06
Form: DEF 14A
Chunk 46
---
 the independent registered public accounting firm are established annually by the Audit Committee. Any proposed services exceeding these levels will require specific pre-approval by the Audit Committee. The Audit Committee may delegate pre-approval authority to a member of its Committee; the Audit Committee has delegated pre-approval authority to its Chair. The decisions of the Chair or other member to whom pre-approval authority is delegated must be presented to the full Audit Committee at its next scheduled meeting. The Audit Committee does not delegate its responsibilities to pre-approve services performed by the independent registered public accounting firm to management. All the services covered by the fees disclosed above were pre-approved by the Audit Committee or its Chair. Further, the Audit Committee has considered and determined that the services described above are compatible with maintaining the independent registered public accounting firm’s independence.

| Huntington Bancshares Incorporated      2025 Proxy Statement | 109 |

| Audit Matters                 
 Report of the Audit Committee |

Oversight of the Independent Auditor The Audit Committee is responsible for the appointment, compensation, retention, and oversight of the independent registered public accounting firm. This also includes an evaluation of whether rotating independent registered public accounting firms is warranted. Additionally, the Audit Committee reviews the experience and qualifications of the lead audit partner and other senior members of the audit team. In its most recent review of PwC, the Audit Committee considered several factors, including:

| The qualifications                                                             
 of the audit team and the quality of work provided by PwC;                     |
| PwC’s independence                                                             
 and objectivity, including a consideration of the non-audit fees and services; |
| Appropriateness of PwC’s                                                       
 audit and non-audit fees;                                                      |
| Assessment of performance                                                      
 of the lead audit partner and audit team;                                      |
| Tenure of the auditor;                                                         
 and                                                                            |
| The impact of changing auditors.                                               |

After considering the above factors, the Audit Committee has determined that retention of PwC at this time is in the best interests of the Company and its shareholders. PwC Attendance at the Annual Meeting Representatives of PwC regularly attend meetings of the Audit Committee and will be present at the 2025 Annual Meeting. These representatives will have an opportunity at the annual meeting to make a statement if they so desire and will also be available to respond to appropriate shareholder questions. Report of the Audit Committee The primary responsibility of the Audit Committee, which is comprised entirely of independent Directors, is to oversee the integrity of Huntington’s consolidated financial statements. In carrying out its