Company: CMA
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0000028412-25-000135
Chunk: 99

Company: COMERICA INC
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 99
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 proxy at the meeting and entitled to vote and will exclude abstentions. Therefore, shares not present in person or by proxy at the meeting, broker non-votes (described below) and shares voting “abstain” will have no effect on the election of directors. If the number of nominees exceeds the number of directors to be elected, the directors shall be elected by the vote of a plurality of the shares represented in person or by proxy at the meeting and entitled to vote on the election of directors. If a nominee for director who is an incumbent director is not elected and no successor has been elected at the Annual Meeting, our bylaws require the director to promptly tender their resignation to the Board. After taking into account a recommendation by the Governance, Compensation and Nominating Committee and excluding the nominee in question, the Board will decide and publicly disclose its determination about whether to accept the resignation within 90 days of the certification of the voting results for the Annual Meeting.

Other Proposals: If a quorum exists, each of the other proposals described in this proxy statement must receive the affirmative vote of a majority of the shares present in person or represented by proxy at the Annual Meeting and entitled to vote on the matter in question. Therefore, abstentions will have the same effect as voting against the applicable proposal.

| GENERAL INFORMATION FOR SHAREHOLDERS ABOUT THE ANNUAL MEETING |     | 95 |

If you hold your shares in street name and do not provide voting instructions to your broker, bank or other nominee, your shares will not be voted on any proposal on which your broker, bank or other nominee does not have discretionary authority to vote under the rules of the stock exchange or other organization of which it is a member. In this situation, a “broker non-vote” occurs. For the non-binding, advisory proposal to approve executive compensation, broker non-votes will not be counted as entitled to vote on the applicable proposal and, therefore, will have no effect on the outcome of the voting on that proposal. Because brokers have discretionary authority to vote on the proposal to ratify the appointment of Ernst & Young as independent registered public accounting firm for the fiscal year ending December 31, 2025, broker non-votes are not expected to be applicable to that proposal.

Each share of Comerica common stock is entitled to one vote with respect to each director nominee and one vote on each other proposal. An independent third party, Computershare Trust Company, N.A. ("Computershare"), will act as the inspector of