Company: FCNCB
Filing Date: 2025-03-06
Form Type: 424B5
Source: 0001193125-25-047965
Chunk: 87

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-03-06
Form: 424B5
Chunk 87
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 nominee as may be requested by an authorized representative of DTC) is the responsibility of the issuer or its agent,
disbursement of such payments to direct participants will be the responsibility of DTC, and disbursement of such payments to the beneficial owners will be the responsibility of direct and indirect participants.

Ownership of beneficial interests in the Global subordinated notes will be limited to participants or persons that may hold beneficial
interests through institutions that have accounts with DTC or its nominee. Ownership of beneficial interests in Global subordinated notes will be shown only on, and the transfer of those ownership interests will be effected only through, records
maintained by DTC or its nominee, with respect to participants’ interests, or any participant, with respect to interests of persons held by the participant on their behalf. Payments, transfers, deliveries, exchanges, redemptions, and other
matters relating to beneficial interests in Global subordinated notes may be subject to various policies and procedures adopted by DTC from time to time. None of BancShares, the Trustee, or any agent for any of them will have any responsibility or
liability for any aspect of DTC’s or any direct or indirect participant’s records relating to, or for payments made on account of, beneficial interests in Global subordinated notes, or for maintaining, supervising, or reviewing any of
DTC’s records or any direct or indirect participant’s records relating to these beneficial ownership interests.

Although DTC
has agreed to the foregoing procedures in order to facilitate transfer of interests in the Global subordinated notes among participants, DTC is under no obligation to perform or continue to perform these procedures, and these procedures may be
discontinued at any time. Neither BancShares nor the Trustee will have any responsibility for the performance by DTC or its direct participants or indirect participants under the rules and procedures governing DTC.

Because DTC can act only on behalf of direct participants, who in turn act only on behalf of direct or indirect participants, and certain
banks, trust companies, and other persons approved by it, the ability of a beneficial owner of securities to pledge them to persons or entities that do not participate in the DTC system may be limited due to the unavailability of physical
certificates for the securities.

DTC has advised us that it will take any action permitted to be taken by a registered holder of any
securities under the Subordinated Indenture only at the direction of one or more participants to whose accounts with DTC the relevant securities are credited.

The information