PNC FINANCIAL SERVICES GROUP, INC.

Item 8.01 Other Events. On September 29, 2026, The PNC Financial Services Group, Inc. (“PNC”) issued a press release announcing the redemption on November 1, 2026 (which, due to the occurrence of a non-business day, will shift to November 2, 2026) of $525,000,000 of Depositary Shares (CUSIP: 693475 AQ8) (the “Depositary Shares”) representing interests in PNC’s Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series S (the “Series S Preferred Stock”). Each Depositary Share represents a 1/100th interest in a share of the Series S Preferred Stock. All 525,000 Depositary Shares currently outstanding will be redeemed. The Depositary Shares will be redeemed at a redemption price of $1,000 per Depositary Share. Such redemption price does not include any declared but unpaid dividends. Any semiannual dividend declared but not paid prior to the redemption date will be paid on the redemption date to holders of record on a date prior to the redemption set by the board of directors of PNC. The Depositary Shares are held through the Depository Trust Company (“DTC”) and will be redeemed in accordance with the procedures of DTC. Payment to DTC will be made by Computershare Trust Company, N.A., the Depositary, in accordance with the Deposit Agreement governing the Depositary Shares. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.