Company: FITBI
Filing Date: 2025-11-05
Form Type: S-4
Source: 0001193125-25-267273
Chunk: 121

Company: FIFTH THIRD BANCORP
Filing Date: 2025-11-05
Form: S-4
Chunk 121
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ers and integration following consummation of the mergers; |

| • |     | the complementary nature of the products, services, customers and markets of Comerica and Fifth Third, which the     
 Comerica board of directors believed would provide the opportunity to mitigate risks and increase potential returns; |

| • |     | the current and prospective business climate in the banking industry, including the position of current and 
 likely competitors of Comerica and Fifth Third;                                                             |

| • |     | the anticipated pro forma financial impact of the mergers on the combined enterprise, including the expected 
 positive impact on certain financial metrics;                                                                |

| • |     | the expectation of cost savings and revenue synergies resulting from the mergers; |

| • |     | the belief that Fifth Third’s experience in completing acquisitions and related integration would mitigate       
 the execution risk of integrating Comerica with Fifth Third and realizing the potential benefits of the mergers; |

| • |     | the terms of the merger agreement and the fact that the exchange ratio is fixed, with no adjustment in the merger                                                                                                                                       
 consideration to be received by holders of Comerica common stock as a result of possible increases or decreases in the trading price of Comerica common stock or Fifth Third common stock following the announcement of the mergers, which the Comerica 
 board of directors believed was consistent with market practice for transactions of this type and with the strategic purpose of the transaction;                                                                                                        |

| • |     | the fact that 100% of the merger consideration would be in the form of Fifth Third common stock, which would                                                                                                                                     
 allow Comerica stockholders to participate in the future growth and opportunities of the combined enterprise and the anticipated pro forma impact of the mergers otherwise benefit from the financial performance of the combined enterprise and 
 potential appreciation in the value of Fifth Third common stock;                                                                                                                                                                                 |

| • |     | the fact that Comerica stockholders would own approximately 27% of the combined enterprise following completion 
 of the mergers;                                                                                                 |

| • |     | the fact that following completion of the mergers the Fifth Third board of directors would include three legacy                                                                                                                                  
 Comerica directors, that Curt Farmer, Peter Sefzik and Megan Burkhart would serve in leadership roles at Fifth Third and that Mr. Farmer would join the Fifth Third Board following his retirement from his employment at Fifth Third, which the 
 Comerica board of directors believed would enhance the likelihood that the strategic benefits Comerica expects to