Company: FCNCB
Filing Date: 2025-09-04
Form Type: 424B5
Source: 0001193125-25-195116
Chunk: 26

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-09-04
Form: 424B5
Chunk 26
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Senior Indebtedness excludes:

| • |     | any indebtedness, obligation, or liability referred to in the list above as to which, in the instrument creating                                                                                                           
 or evidencing the same or pursuant to which the same is outstanding, it is provided that such indebtedness, obligation, or liability is not superior in right of payment to the Notes, or ranks pari passu with the Notes; |

| • |     | any such indebtedness, obligation, or liability which is subordinated to indebtedness of BancShares to 
 substantially the same extent as, or to a greater extent than, the Notes are subordinated;             |

| • |     | any indebtedness to a subsidiary of BancShares; |

| • |     | any trade account payables in the ordinary course of business; and |

| • |     | the Notes. |

Notwithstanding the foregoing, if the Federal Reserve (or other applicable regulatory agency or authority) promulgates any rule or issues any interpretation that defines general creditor(s), the main purpose of which is to establish criteria for determining whether the subordinated debt of a financial or bank holding company is to be included in its capital, then the term “general creditors” as used in the definition of “Senior Indebtedness” in the Subordinated Indenture will have the meaning as described in that rule or interpretation. Upon the liquidation, dissolution, winding up, or reorganization of BancShares, we must pay to the holders of all Senior Indebtedness the full amounts of principal of, premium, interest, and any other amounts owing on, that Senior Indebtedness before any payment is made on the Notes. If, after we have made those payments on our Senior Indebtedness there are amounts available for payment on the Notes, then we may make any payment on the Notes. Because of the subordination provisions and the obligation to pay Senior Indebtedness described above, in the event of our insolvency, holders of the Notes may recover less ratably than holders of the Senior Indebtedness and other creditors of BancShares. With respect to the assets of a subsidiary of ours, our creditors (including holders of the Notes) are structurally subordinated to the prior claims of creditors of such subsidiary, except to the extent that we may be a creditor with recognized claims against such subsidiary. Subject to the terms of the Subordinated Indenture, if the Trustee or any holder of any of the Notes receives any payment or distribution of our