THE PNC FINANCIAL SERVICES GROUP, INC. EXECUTIVE INCENTIVE AWARD PLAN (as amended and restated effective as of January 1, 2017)

EXHIBIT 10.55

THE PNC FINANCIAL SERVICES GROUP, INC.

EXECUTIVE INCENTIVE AWARD PLAN

(as amended and restated effective as of January 1, 2017)

The PNC Financial Services Group, Inc. Executive Incentive Award Plan is designed to (i) assist the Corporation and its Subsidiaries in attracting, motivating, and retaining the senior executive officers most critical to the long-term success of the Corporation and its Subsidiaries, (ii) promote the alignment of their interests with those of the Corporation’s shareholders and (iii) enable the Corporation to pay annual bonuses which are based upon the achievement of specified levels of performance.

It is intended that the payments under this Plan qualify as “performance-based compensation” within the meaning of Section 162(m) of the Internal Revenue Code, and that the Plan be operated so that the Corporation may take a full tax deduction for such payments. If any provision of this Plan or any payments under this Plan would otherwise frustrate or conflict with this intent, the provision will be interpreted and deemed amended so as to avoid this conflict.

Terms not otherwise defined herein will have the following meanings:

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All of the preceding terms, other than merger integration costs, will have the meanings assigned to such terms in accordance with generally accepted accounting principles accepted in the United States of America (“GAAP”). “Merger integration costs” will mean amounts identified as such by the Corporation in publicly-disclosed financial information.

Where the Plan requires that Incentive Income be determined for an Award Period that consists of other than one full fiscal year, Incentive Income for that Award Period will be calculated based on Incentive Income for the full quarters within that Award Period only.

Subject to the express provisions of the Plan, the Committee will have plenary authority to:

Any determinations or actions made or taken by the Committee pursuant to this authority will be final, conclusive and binding on the Participant and any other person having or claiming an interest under an Award or the Plan.

The Board or the Committee may, in its discretion, authorize the Chief Executive Officer of the Corporation or another person or persons to act on its behalf except with respect to matters relating to such Chief Executive Officer or such other person or persons or which are required to be certified by the Committee under the Plan or in order to satisfy the requirements of the performance-based compensation exception under Section 162(m) of the Internal Revenue Code and the regulations promulgated thereunder.

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Participants for each Award Period will be identified by the Committee in accordance with Section 5.1. Participants may be identified in terms of position or title held, or base salary paid, during the applicable Award Period, or by such other means as the Committee may deem appropriate.

Unless otherwise determined by the Committee, a Participant must still be an employee of the Corporation or one of its Subsidiaries on the last day of an Award Period in order to be eligible to receive an Award Payment with respect to that Award Period.

For each Award Period, the dollar-denominated Award Payment opportunity for each Participant will consist of 0.2% of the Incentive Income for that Award Period. The maximum amount that a Participant may receive pursuant to the terms of any Award in respect of any Award Period is a dollar-denominated Award Payment equal to 0.2% of the Incentive Income for that Award Period.

In performing such computation, the Committee may rely upon financial statements supplied by the Corporation’s officers, provided that the Committee believes such statements to have been prepared in accordance with U.S. generally accepted accounting principles, as applicable.

(b) authorize the Corporation to pay the Award Payment to each Participant in accordance with the terms and conditions of the Plan and the applicable Award.

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Awards hereunder will not be subject to the claims of creditors and may not be assigned, alternated, transferred or encumbered in any way other than by will or pursuant to the laws of descent and distribution.

The Board or the Committee may amend, modify or terminate the Plan in any respect at any time without the consent of the Participants.

The Plan was first effective as of January 1, 1996 and was subsequently amended and restated effective as of January 1, 2007. The Plan, as amended and restated, will be effective as of January 1, 2017 for Award Periods beginning with fiscal year 2017.

The effective date of any amendment to the Plan will be the date specified by the Board or the Committee, as applicable.

The Plan, as amended and restated as of January 1, 2017, will remain in effect, unless terminated earlier by the Board or the Committee pursuant to Section 8. No Awards may be made under the Plan after its termination, provided that termination of the Plan will not affect any Awards granted prior to termination of the Plan, and such Awards will continue to be subject to the terms of the Plan notwithstanding termination of the Plan.

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In addition to such other rights of indemnification as they may have as directors or as members of the Committee, each of the members of the Committee and its delegates will be indemnified by the Corporation against the reasonable expenses, including attorneys’ fees, actually and reasonably incurred in connection with the defense of any action, suit or proceeding, or in connection with any appeal therein, to which they or any of them may be a party by reason of any action taken or failure to act under or in connection with the Plan or any Award made hereunder; and against all amounts reasonably paid by them in settlement thereof or paid by them in satisfaction of a judgment in any such action, suit or proceeding to the maximum extent permitted by law.

To the extent any Award granted under the Plan either qualifies for an exemption from the requirements of, or is subject to, Section 409A of the Internal Revenue Code, the Plan and the Award will be interpreted such that the Award qualifies for an exemption or, if Section 409A of the Internal Revenue Code is applicable, in accordance with Section 409A of the Internal Revenue Code and other interpretive guidance issued thereunder, including regulations or other guidance that may be issued after the Effective Date. Notwithstanding any provision of the Plan, in the event that the Committee determines that any Award may be subject to Section 409A of the Internal Revenue Code, the Committee may adopt such amendments to the Plan or the applicable Award or adopt policies and procedures or take any other action or actions, including an action or amendment with retroactive effect, that the Committee determines is necessary or appropriate to (i) exempt the Award from the application of Section 409A of the Internal Revenue Code or (ii) comply with the requirements of Section 409A of the Internal Revenue Code. Any Award that provides for a payment to any Participant who is a “specified employee” of deferred compensation subject to Internal Revenue Code Section 409A(a)(2) and that becomes payable or is accelerated upon such Participant’s separation from service shall not be made on or before the date which is six months following such Participant’s separation from service (or, if earlier, such Participant’s death). If a grant under the Plan is subject to Section 409A of the Internal Revenue Code, then (i) unless the grant agreement specifies otherwise, each installment payment shall be treated as a separate payment for purposes of Section 409A of the Internal Revenue Code, and (ii) in no event shall a Participant, directly or indirectly, designate the calendar year in which a distribution is made except as permitted in accordance with Section 409A of the Internal Revenue Code. In any case, a Participant shall be solely liable for the satisfaction of all taxes and penalties that may be imposed on a Participant in connection with the Plan and grants hereunder (including any taxes, interest and/or penalties under Section 409A of the Internal Revenue Code), and neither the Corporation nor any of its affiliates shall have any obligation to indemnify or otherwise hold a Participant harmless from any or all of such taxes, interest and/or penalties.

Each Participant agrees to reimburse the Corporation with respect to any Award granted under the Plan to the extent required by any clawback, adjustment or recoupment policy of the Corporation now in effect or as may be adopted by the Corporation from time to time as required by Section 304 of the Sarbanes-Oxley Act of 2002, Section 954 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, or as otherwise required by applicable law or regulation. By accepting Awards under the Plan, Participants agree and acknowledge that they are obligated to cooperate with, and provide any and all assistance necessary to, the Corporation to recover or recoup any Award or amounts paid under the Plan subject to clawback pursuant to such law, government regulation, stock exchange listing requirement or Corporation policy. Such cooperation and assistance shall include, but is not limited to, executing, completing and submitting any documentation necessary to recover or recoup any Award or amounts paid under the Plan from a Participant’s accounts, or pending or future compensation or Awards.

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