Company: CMA
Filing Date: 2025-11-25
Form Type: DEFM14A
Source: 0001193125-25-297173
Chunk: 105

Company: COMERICA INC
Filing Date: 2025-11-25
Form: DEFM14A
Chunk 105
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 of Comerica Bank & Trust.

Comerica’s common stock is traded on the NYSE under the symbol “CMA”, and Comerica depositary shares representing a 1/40th ownership
interest of Comerica preferred stock are currently listed on the NYSE under the symbol “CMA PrB.”

73

THE MERGERS

This section of the joint proxy statement/prospectus describes material aspects of the mergers. This summary may not contain all of the information that is important to you. You should carefully read this entire joint proxy statement/prospectus and the other documents we refer you to for a more complete understanding of the mergers. In addition, the description in this section incorporates by reference important business and financial information about each of Fifth Third and Comerica. You may obtain the information incorporated by reference into this document without charge by following the instructions in the section entitled “Where You Can Find More Information” beginning on page 179.

Terms of the Mergers

Each of Fifth Third’s and Comerica’s respective boards of directors has approved and adopted the merger agreement and the transactions contemplated
thereby, including the mergers. The merger agreement provides that, upon the terms and subject to the conditions set forth therein, Comerica will merge with and into Fifth Third Intermediary, which is referred to as the first merger, with Fifth
Third Intermediary continuing as the surviving corporation. Immediately thereafter, Comerica Holdings will merge with and into Fifth Third Intermediary, which is referred to as the second merger, with Fifth Third Intermediary continuing as the
surviving corporation. The first merger and second merger are referred to collectively as the mergers.

Following the completion of the mergers, at a time
determined by Fifth Third, Comerica Bank, a Texas banking association and a wholly owned subsidiary of Comerica (“Comerica Bank”), and Comerica Bank & Trust, National Association, a national banking association and wholly owned
subsidiary of Comerica Holdings (“Comerica Bank & Trust”), will each merge with and into Fifth Third Bank, National Association, a national banking association and a wholly owned subsidiary of Fifth Third Intermediary
(“Fifth Third Bank”) (collectively, the “bank mergers”), with Fifth Third Bank continuing as the surviving bank.

Subject to the
terms and conditions of the merger agreement, at the effective time of the first merger, each share of Comerica common stock issued