Cavaliers Scholarship Program

CAVALIERS SCHOLARSHIP PROGRAM supported by HUNTINGTON BANK

1. Following are the rules for the Cavaliers Scholarship Program supported by Huntington Bank: To be eligible to receive one (1) of the five (5) scholarships (each a Scholarship) or one (1) of the five (5) Huntington Bank Savings Accounts (each a Savings Account) awarded by Cavaliers Youth Foundation d/b/a Cavaliers Community Foundation (CCF) and The Huntington National Bank, (Huntington), an applicant must attend high school in one of the following counties in the State of Ohio: Ashtabula, Cuyahoga, Erie, Geauga, Holmes, Lake, Lorain, Medina, Portage, Stark, Summit, or Wayne.

2. Eligible students must complete the official Scholarship Program entry form online and provide a copy of their high school transcript reflecting academic achievement through their junior year, a letter of recommendation from a faculty member at their high school, a 500-word essay on the following prompt: "Discuss an accomplishment, event, or realization that sparked a period of personal growth and a new understanding of yourself or others, and, if required or requested by the accredited school a student plans to attend, SAT or ACT scores.

3. Completed applications must be received by Friday, February 6, 2026. Scholarship award announcement and presentation will occur on Sunday, April 12, 2026. Savings Account recipients will receive tickets to the Cavs game on a different date. Award of a Scholarship or Savings Account may require additional information from the potential recipient to receive a Scholarship or Savings Account.

4. An alternate Scholarship recipient will be selected if an initial recipient does not accept the Scholarship or

decides not to attend college or pursue a post-high school education.

5. CCF and Huntington will appoint a committee to screen the applications, interview semi-finalists on or around the week of March 9, 2026, and select the five (5) $10,000 Scholarship recipients. Five (5) runners-up will be selected to receive a $1,000 Huntington Savings Accounts. The Recipients will be notified by email and/or phone call and official letter on or about March 20, 2026. The committee will include local community leaders and employees from each of Huntington and Cavaliers Holdings, LLC. (“Holdings”). The committee’s decisions are made at its sole discretion.

6. For both the Scholarships and Huntington Savings Accounts, the committee will screen applications and award based on the following criteria:

• academic achievement (including, if applicable, SAT or ACT scores);
• extracurricular activity (work experience, community involvement, etc.);
• essay;
• need; and
• interview

7. Employees and the immediate family members of employees of the NBA, Cavalier Holdings, LLC, Huntington Bank, or their respective parents, affiliates, or subsidiaries are not eligible to receive a Scholarship or Huntington Savings Account.

8. Participation in basketball is not considered a factor in judging extracurricular achievement.

9. The $10,000 Scholarship is a one-time, non-renewable scholarship. Scholarship funds must be used during the 2026-27 academic year and be applied toward expenses for college, vocational/trade school, or similar education course that will provide a certification or degree. Scholarship funds can be applied to verifiable costs associated with college or a vocational/trade school, including tuition, fees, books, and on-campus room and board. Scholarship recipients will be required to provide proof of how funds have been applied.

10. The Huntington Savings Account will include a one-time, $1,000 deposit. Savings account funds must be applied to verifiable costs associated with college or a vocational/trade school, including tuition, fees, books, and other related educational expenses. Savings account recipients will be required to provide proof of how funds have been applied. Other important details regarding the Savings Account include:

• Students awarded a Savings Account will receive a one-year waiver on the maintenance fee for the Savings Account. After one year, the student will be responsible to continue the account per the standard Huntington agreement or close the account. Note: there may still be fees for non-Huntington ATM transactions and other activities, only the maintenance fee will be waived.
• Huntington will provide instructions for opening the Savings Account, obtaining the maintenance fee waiver, and depositing funds.

11. All federal, state and local taxes are the sole responsibility of winners/parents/legal guardians.