Company: FCNCB
Filing Date: 2025-03-06
Form Type: 424B5
Source: 0001193125-25-047965
Chunk: 49

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-03-06
Form: 424B5
Chunk 49
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 to the foregoing and certain other rights of the Trustee, the holders of a majority in principal amount of the outstanding senior notes will have the right to direct the time, method, and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee, with respect to the senior notes. However, the Trustee may refuse to follow any direction that conflicts with law or the Senior Indenture or that may involve the Trustee in personal liability. In addition, the Trustee may take any other action it deems proper that is not inconsistent with any such direction received from the holders of the senior notes. We are required to deliver to the Trustee, within 120 days after the end of each of our fiscal years ending after the senior notes issue date, a written statement from our applicable officers regarding whether we have fulfilled all of our obligations under the Senior Indenture throughout the year and specifying any known default and its status. S-30

Modification and Waiver The Senior Indenture provides that we and the Trustee may modify or amend the Senior Indenture with, or, in certain cases, without the consent of the holders of a majority in principal amount of outstanding senior notes; providedthat any modification or amendment may not, without the consent of the holder of each outstanding senior note affected thereby:

| • |     | change the stated maturity date of the principal of, or any installment of principal or interest on, the senior 
 notes;                                                                                                          |

| • |     | reduce the percentage in principal amount of the senior notes required for any supplemental indenture or for any 
 waiver provided for in the Senior Indenture;                                                                     |

| • |     | alter the method of computation of interest; |

| • |     | make the senior notes payable in money other than that stated in the senior notes; |

| • |     | reduce the principal amount thereof or the rate of interest thereon; |

| • |     | change the Company’s obligation to maintain an office or agency for payment of the senior notes and the 
 other matters specified in the Senior Indenture;                                                        |

| • |     | impair the right to institute suit for the enforcement of any payment of principal of or interest on the senior 
 notes; or                                                                                                       |

| • |     | modify any of the provisions of the Senior Indenture relating to the execution of supplemental indentures with                                                                                                                                         
 the consent of holders of the senior notes which are discussed in the Senior Indent