2023 Fourth Quarter Investor Presentation

Non-GAAP Reconciliation Average tangible common equity, ROTCE ($ in millions) Average common shareholders' equity Less: intangible assets and goodwill Add: net tax effect of intangible assets 3Q22 4Q22 1Q23 2Q23 3Q23 $16,150 $15,292 $15,973 $16,359 $16,256 5,781 5,771 5,759 5,734 5,722 43 42 40 36 34 Average tangible common shareholders' equity (A) $10,413 $9,563 $10,254 $10,661 $10,568 Less: average accumulated other comprehensive income (AOCI) Adjusted average tangible common shareholders' equity (B) (2,013) (3,268) (2,832) (2,800) (3,194) $12,426 $12,831 $13,086 $13,461 $13,762 Net income available to common $565 $617 $573 $519 $510 Add: amortization of intangibles Add: deferred tax 13 13 13 13 12 (3) (3) (3) (3) (2) Adjusted net income available to common 575 627 583 529 520 Adjusted net income available to common (annualized) (C) $2,281 $2,488 $2,364 $2,122 $2,063 Return on average tangible shareholders' equity (C/A) 21.9% 26.0% 23.1% 19.9% 19.5% Return on average tangible shareholders' equity, ex AOCI (C/B) 18.4% 19.4% 18.1% 15.8% 15.0% ($ in millions) 3Q22 4Q22 1Q23 2Q23 3Q23 Adjusted net income available to common (annualized) (C) $2,281 $2,488 $2,364 $2,122 $2,063 Return on average tangible shareholders' equity Add: Notable Items, after tax (D) Adjusted net income available to common (annualized) (E) Adjusted return on average tangible shareholders' equity (E/A) Adjusted return on average tangible shareholders' equity, ex AOCI (E/B) 21.9% 26.0% 23.1% 19.9% 19.5% 8 12 (10) 12 $2,313 $2,536 $2,323 $2,122 $2,111 22.2% 26.5% 22.7% 19.9% 20.0% 18.6% 19.8% 17.8% 15.8% 15.3% 2023 Fourth Quarter Investor Presentation | 56 Huntington

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