Company: FCNCB
Filing Date: 2025-11-14
Form Type: 424B5
Source: 0001193125-25-283229
Chunk: 45

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-14
Form: 424B5
Chunk 45
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, and any other class or series of capital stock that ranks junior to our Series A Preferred Stock as to dividend and liquidation rights, from time to time out of any assets legally available for such payment, and the holders
of our Series A Preferred Stock or Series A dividend parity stock will not be entitled to participate in any such dividend.

Our Series A
Preferred Stock is perpetual and has no maturity date and is not subject to any mandatory redemption, sinking fund, or other similar provisions. The holders of our Series A Preferred Stock do not have any right to require the redemption or
repurchase of their shares of our Series Preferred Stock. We may, at our option, redeem our Series A Preferred Stock (i) in whole or in part, from time to time, on any Series A dividend payment date, or (ii) in whole but not in part at any
time within 90 days following a “regulatory capital treatment event,” in each case at a redemption price equal to $1,000 per share (equivalent to $25 per depositary share), plus the per share amount of any declared and unpaid dividends,
without accumulation of any undeclared dividends, on our Series A Preferred Stock to, but excluding, the date fixed for redemption.

A
“regulatory capital treatment event” for purposes of our Series A Preferred Stock, Series B Preferred Stock and Series C Preferred Stock means the good faith determination by us that, as a result of any: (i) amendment to, or change
in, the laws, rules, or regulations of the United States or any political subdivision of or in the United States (including, for the avoidance of doubt, any agency or instrumentality of the United States, including the Federal Reserve and other
appropriate federal bank regulatory agencies) that is enacted or becomes effective after the initial issuance of any share of our Series A Preferred Stock, Series B Preferred Stock or Series C Preferred Stock, as applicable; (ii) proposed
change in those laws, rules, or regulations that is announced after the initial issuance of any share of our Series A Preferred Stock, Series B Preferred Stock or Series C Preferred Stock, as applicable; or (iii) official administrative
decision or judicial decision or administrative action or other official pronouncement interpreting or applying those laws, rules, or regulations or policies with respect thereto that is announced or becomes effective after the initial issuance of
any share of our Series A Preferred Stock, Series B Preferred Stock or Series C Preferred Stock, as applicable; there is more than an insub