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

Company: FIFTH THIRD BANCORP
Filing Date: 2025-03-04
Form: DEF 14A
Chunk 25
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 Guidelines |

| • |     | Code of Business Conduct and Ethics |

| • |     | Articles of Incorporation |

| • |     | Code of Regulations |

| • |     | Information Disclosure Policy |

| • |     | Government Affairs Policy |

| • |     | Stock Ownership and Retention Guidelines |

| • |     | Charter for each standing committee |

Board Performance Evaluations The Board of Directors and the Nominating and Corporate Governance Committee annually review directors’ skills and expertise to ensure the Board represents a broad skill set oriented to the historical and emerging needs of our business. The comprehensive evaluation process also seeks to enhance the Board’s effectiveness through the identification of opportunities for improvement. Our evaluation tools include both written questionnaires and individual interviews with the Lead Independent Director. The evaluations focus on function, organization, practices, and performance of the Board and each Committee. The directors’ anonymous responses and comments, along with feedback from the Lead Independent Director interviews, are analyzed by the Committee chairs, who identify specific opportunities for improvement. Management develops and implements action plans to address opportunities for improvement and provides updates to the Nominating and Corporate Governance Committee. In 2024, as a result of feedback received from our evaluation process, we strengthened our focus on line of business performance and progress on strategic initiatives and continued our commitment to provide education related to key issues and trends facing the Board, including topics identified by directors in their self-assessments. In addition, based on director comments, we maintained attention on near-term and long-term director succession planning at the Committee and Board levels, which included appointing Mr. Feiger as Chair of the Risk and Compliance Committee in April 2024. The following is a timeline of the evaluation process: Purpose, Scope, and Focus

| The Nominating and Corporate Governance Committee reviews and approves the self-assessment questionnaires for the Board of Directors and each Committee, as well as suggested areas of discussion for the Lead Independent Director’s interviews with individual directors. |

Evaluation and Discussion

| Each director completes a written assessment of the Board of Directors and each Committee on which he or she serves. |
| The Lead Independent Director conducts individual interviews with each independent director.                         |

| Fifth Third 2025 Proxy Statement |     | 29 |

CORPORATE GOVERNANCE Review and Analysis

| Anonymous results from the Board and Committee assessments and from the Lead Independent Director’s interviews are aggregated and analyzed. The results are provided to the Nominating and Corporate Governance Committee and each committee chair and are later discussed by the