Company: CMA
Filing Date: 2025-08-05
Form Type: 424B5
Source: 0001193125-25-173600
Chunk: 102

Company: COMERICA INC
Filing Date: 2025-08-05
Form: 424B5
Chunk 102
---
 that would afford holders of debt securities additional protection in the event of a recapitalization transaction, a change of control of Comerica or a highly leveraged transaction. The merger covenant described above would only apply if the recapitalization transaction, change of control or highly leveraged transaction were structured to include a merger or consolidation of Comerica, or a sale or conveyance or lease of all or substantially all of its assets. However, Comerica may provide specific protections, such as a put right or increased interest, for particular debt securities, that Comerica would describe in the applicable prospectus supplement. Governing Law The indentures are, and debt securities will be, governed by and construed in accordance with the laws of the State of New York. DESCRIPTION OF THE WARRANTS TO PURCHASE COMMON STOCK OR PREFERRED STOCK The following summary sets forth the material terms and provisions of the Common Stock warrants and preferred stock warrants, that would be issued pursuant to a stock warrant agreement between Comerica and a stock warrant agent to be selected at the time of issue. The stock warrant agreement may include or incorporate by reference standard warrant provisions substantially in the form of provisions contained in the form of warrant agreement, which is filed as an exhibit to the Registration Statement. 17

General The stock warrants may be issued under the stock warrant agreement independently or together with any other securities offered by a prospectus supplement. If stock warrants are offered, the applicable prospectus supplement will describe the designation and terms of the stock warrants, including, without limitation, the following:

| • |     | the offering price, if any; |

| • |     | the designation and terms of the Common Stocks or preferred stocks purchasable upon exercise of the stock 
 warrants;                                                                                                 |

| • |     | if applicable, the date on and after which the stock warrants and the related offered securities will be 
 separately transferable;                                                                                 |

| • |     | the number of Common Stocks or preferred stocks purchasable upon exercise of one stock warrant and the initial 
 price at which shares may be purchased upon exercise of the stock warrant;                                     |

| • |     | the date on which the right to exercise the stock warrants shall commence and the date on which these rights 
 shall expire;                                                                                                |

| • |     | a discussion of the material U.S. Federal income tax considerations; |

| • |     | any call provisions; |

| • |     | the currency in which the offering price, if any, and exercise price are payable; |