Company: FCNCB
Filing Date: 2025-03-18
Form Type: DEF 14A
Source: 0001193125-25-056659
Chunk: 105

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-03-18
Form: DEF 14A
Chunk 105
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 for services it provided to us or one or more of our subsidiaries during 2024 were $369,204. During 2025, Forvis Mazars has not provided, and will not provide, any services to us or our subsidiaries while Mr. Snow is our director and concurrently holds positions with Forvis Mazars. We may, in the ordinary course of our business, engage in transactions with BlackRock, Inc. (together with its affiliates, “BlackRock”) or The Vanguard Group (“Vanguard”), or their subsidiaries or affiliates, including selling their products to our clients or placing our clients’ assets in their funds. BlackRock and Vanguard are each principal stockholders listed under the caption “Principal Stockholders” below. During 2024, we paid Blackrock approximately $4.4 million in fees for the use of, and services and consulting furnished in connection with, a risk and portfolio management system. We also receive service and revenue-sharing fees from BlackRock in connection with our clients’ investments in certain BlackRock funds, which totaled approximately $17.4 million in 2024, and an agreement is proposed to share additional fee revenue. The Audit Committee has approved these transactions. Certain immediate family members of our and FCB’s directors and executive officers also are employed by FCB in non-executiveofficer positions. Information regarding the current employment of their immediate family members whose total compensation for services during 2024 exceeded, or whose compensation for services during 2025 may exceed, $120,000 is contained in the following table. Information regarding the current employment of an additional immediate family member is contained under the caption “EXECUTIVE COMPENSATION — Compensation Committee Interlocks and Insider Participation.”

| Name                  |     | Position                             |     | Relationship                                       |     | 2024 Compensation (1) |     |           |
| Perry H. Bailey       |     | Director of Premier Client Solutions |     | Daughter of Frank B. Holding, Jr.                  |     |                       |     | $ 295,428 |
| Peter M. Bristow, Jr. |     | M&A Corporate Development Officer    |     | Son of Peter M. Bristow and Claire H. Bristow      |     |                       |     |    81,632 |
| John Patrick Connell  |     | Sales Manager                        |     | Son of Hope H. Bryant                              |     |                       |     |   184,717 |
| H. Collier Connell    |     | Manager