Company: CMA
Filing Date: 2025-08-05
Form Type: 424B5
Source: 0001193125-25-173600
Chunk: 65

Company: COMERICA INC
Filing Date: 2025-08-05
Form: 424B5
Chunk 65
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, Inc., J.P. Morgan Securities LLC and RBC Capital Markets, LLC are acting as representatives (the “representatives”), have severally, but not jointly, agreed to purchase, and we have agreed to sell to them, severally, the number of depositary shares set forth opposite their names below.

| Underwriter                   |     | Number of  
 Depositary 
 Shares     |            |
| Morgan Stanley & Co. LLC      |     |            |  3,680,000 |
| BofA Securities, Inc.         |     |            |  3,680,000 |
| J.P. Morgan Securities LLC    |     |            |  3,680,000 |
| RBC Capital Markets, LLC      |     |            |  3,680,000 |
| Comerica Securities, Inc.     |     |            |    640,000 |
| Citigroup Global Markets Inc. |     |            |    320,000 |
| Keefe, Bruyette & Woods, Inc. |     |            |    320,000 |
| Total                         |     |            | 16,000,000 |

The underwriting agreement provides that the underwriters are obligated to purchase all of the depositary shares if any are purchased. The underwriters propose to offer the depositary shares directly to the public at the public offering price set forth on the cover page of this prospectus supplement and may offer the depositary shares to certain dealers at the public offering price less a concession not to exceed $0.15 per depositary share sold to institutional investors and $0.50 per depositary share sold to retail investors. The underwriters may allow, and dealers may reallow, a concession not to exceed $0.45 per depositary share on sales to other dealers. After the initial offering of the depositary shares, the public offering price and other selling terms may from time to time be varied by the underwriters. The offering of the depositary shares by the underwriters is subject to receipt and acceptance and subject to the underwriters’ right to reject any order in whole or in part. The following table shows the per depositary share and total underwriting discount to be paid to the underwriters:

| Per depositary share(1) |     | $ |       0.3736 | -2 |
| Total(1)                |     | $ | 5,978,000.00 |    |

| (1) | Reflect