CAPITAL ONE FINANCIAL CORP

General Capital One Financial Corporation, a Delaware corporation established in 1994 and headquartered in McLean, Virginia, is a diversified financial services holding company with banking and non-banking subsidiaries. Capital One Financial Corporation and its subsidiaries (the Company or Capital One ) operate as a global payments provider and diversified financial institution, delivering a broad array of financial products and services to consumers, small businesses and commercial clients through digital channels, branch locations, caf s and other distribution channels. As of December 31, 2025, Capital One Financial Corporation’s principal operating subsidiary was Capital One, National Association ( CONA ). On May 18, 2025 (the Closing Date ), Discover Financial Services ( Discover ) merged into Capital One and Discover Bank merged into CONA. See Part II Item 8. Financial Statements and Supplementary Data Note 2 Business Combinations and Discontinued Operations for additional information. The Company is hereafter collectively referred to as we, us or our. CONA is referred to as the Bank. References to this Report or our 2025 Form 10-K or 2025 Annual Report are to our Annual Report on Form 10-K for the fiscal year ended December 31, 2025. All references to 2025, 2024 and 2023, refer to our fiscal years ended, or the dates, as the context requires, December 31, 2025, December 31, 2024 and December 31, 2023, respectively. Certain business terms used in this document are defined in Part II Item 7.