Company: FITBI
Filing Date: 2025-03-04
Form Type: DEF 14A
Source: 0001193125-25-045653
Chunk: 12

Company: FIFTH THIRD BANCORP
Filing Date: 2025-03-04
Form: DEF 14A
Chunk 12
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 of shareholders at which the director’s term expires that follows his or her 72ndbirthday. Upon recommendation from the Nominating and Corporate Governance Committee, the Board may waive this retirement age provision a maximum of three times per director after consideration of the following, among other factors: whether Fifth Third is undergoing significant transition periods in executive leadership, whether there has been an unexpected loss of directors, or whether such a director possesses a specific expertise relevant to the current or emerging business needs of Fifth Third, has unique and valuable industry-specific knowledge, or possesses some other attributes deemed essential by the Board or Nominating and Corporate Governance Committee.Pursuant to our Corporate Governance Guidelines, Ms. Williams and Messrs. Brumback and McCallister will have met our retirement age prior to the 2025 Annual Meeting and, therefore, our Nominating and Corporate Governance Committee has not nominated Ms. Williams, Mr. Brumback, or Mr. McCallister for election to the Board in 2025. Ms. Williams joined the Board in 2008. She has served as both Board Chair and Lead Independent Director and has chaired several committees of the Board. Her significant experience in the financial services industry, extensive corporate governance expertise, and deep institutional knowledge have been an asset to the Board. Mr. Brumback joined the Board in 2009. His expertise in the financial services sector, highlighted by his risk and operational management skills, have been valuable to the Board throughout his tenure, highlighted by his leadership of the Audit Committee and later the Risk and Compliance Committee. Mr. McCallister joined our Board in 2011 and, drawing on his experience as a public company CEO, has provided a unique perspective on corporate transactions. He has led our Human Capital and Compensation Committee for several years through steady and thoughtful leadership. The Board of Directors extends its sincere appreciation for the many years of dedicated service of Ms. Williams and Messrs. Brumback and McCallister. Our recent and continuing succession planning efforts have positioned the Board well to address our current and anticipated business needs and ensure that the Board will continue to have sufficient experience, expertise, institutional knowledge, and skill sets to continue to maintain a high level of effectiveness. Accordingly, the Board has voted to reduce its size from 16 members to 13 members at the conclusion of the Annual Shareholders Meeting.14
ELECTION OF DIRECTORS Nominees for Election as Directors

| Nicholas K. Akins Retired Chair, Chief Executive Officer, and President of American Electric Power Company