Company: FITBI
Filing Date: 2025-03-04
Form Type: DEF 14A
Source: 0001193125-25-045653
Chunk: 60

Company: FIFTH THIRD BANCORP
Filing Date: 2025-03-04
Form: DEF 14A
Chunk 60
---
 41,763 |     |                 |     | 1,000,502 |     |                  |     | 75,442 |     |                |     | 2,551,250 |
| Bryan D. Preston  |     |                                      |     |      — |     |                 |     |         — |     |                  |     | 11,580 |     |                |     |   392,462 |
| James C. Leonard  |     |                                      |     |      — |     |                 |     |         — |     |                  |     | 41,108 |     |                |     | 1,392,316 |
| Robert P. Shaffer |     |                                      |     | 26,990 |     |                 |     |   544,075 |     |                  |     | 35,463 |     |                |     | 1,201,702 |
| Kevin P. Lavender |     |                                      |     | 15,683 |     |                 |     |   205,804 |     |                  |     | 38,867 |     |                |     | 1,317,807 |

| (1) | The dollar figures in the table represent the value at exercise for SARs. |

| (2) | The dollar figures in the table represent the value on the vest date for restricted stock units and performance shares. |

Nonqualified Deferred Compensation. The Company maintains a Nonqualified Deferred Compensation Plan (“NQDCP”) that allows participant and Company contributions. The plan allows participants to defer up to 70% of their base salary and up to 100% of their Variable Compensation award. In addition, the Company makes contributions for loss of qualified 401(k) plan matching contributions for two reasons: (1) due to base salary or Variable Compensation Plan award deferrals into the NQDCP plan and/or (2) due to wage and/or contribution limitations under the qualified 401(k) plan. The Company’s contribution to the NQDCP is determined by taking the participant’s eligible wages above the qualified 401(k) plan compensation limits ($345,000 for 2024) and applying the Company’s 401(k) match seven percent. If other qualified plan 401(k) limitations applied, the participants would also have contributions made to the plan for those limitations. Generally, distributions are made after retirement in a lump sum or in up to ten annual installments based on elections made