Company: CMA
Filing Date: 2025-11-25
Form Type: DEFM14A
Source: 0001193125-25-297173
Chunk: 238

Company: COMERICA INC
Filing Date: 2025-11-25
Form: DEFM14A
Chunk 238
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 exchanged for preferred securities of the surviving or resulting entity (or its ultimate parent) that is an entity organized and existing under the laws of 
 the United States, any state thereof or the District of Columbia; and                                                                                                                                                                                   |

| • |     | the new Fifth Third preferred stock remaining outstanding or the new preferred securities, as the case may be,                                                                                       
 have such powers, preferences and special rights as are not materially less favorable to the holders thereof than the powers, preferences and special rights of the new Fifth Third preferred stock. |

The foregoing voting provisions will not apply if, at or prior to the time when the act with respect to which such vote would otherwise be required will be effected, all outstanding shares of new Fifth Third preferred stock will have been redeemed or called for redemption in accordance with the provisions described above upon proper notice and sufficient funds will have been set aside by Fifth Third for the benefit of the holders of new Fifth Third preferred stock to effect such redemption. 156

Conversion and Preemptive Rights

Holders of the new Fifth Third preferred stock will not have any preemptive rights. The new Fifth Third preferred stock is not convertible into or exchangeable
for property or shares of any other series or class of Fifth Third capital stock.

Transfer Agent and Registrar

Equiniti Trust Company LLC will be the transfer agent and registrar for the new Fifth Third preferred stock. Fifth Third may, in its sole discretion, remove
the transfer agent and registrar in accordance with the agreement between Fifth Third and the transfer agent and registrar; providedthat Fifth Third shall appoint a successor transfer agent and registrar who shall accept such appointment
prior to the effectiveness of such removal. Upon any such removal or appointment, Fifth Third shall send notice thereof by first-class mail, postage prepaid, to the holders of the new Fifth Third preferred stock.

Calculation Agent

Fifth Third will appoint a
calculation agent for the new Fifth Third preferred stock and Fifth Third may appoint itself or an affiliate as calculation agent.

157

DESCRIPTION OF NEW FIFTH THIRD DEPOSITARY SHARES

References to “holders” of new Fifth Third depositary shares mean those who own new Fifth Third depositary shares registered in
their own names, on the books that Fifth Third or the depositary maintain for this purpose, and not indirect holders who own beneficial interests in new Fifth Third depositary shares registered in street name or issued in book-entry form through
DTC.

This section summarizes specific terms and provisions of the new Fifth Third depositary shares. Each depositary share will represent
a