Company: FITBI
Filing Date: 2025-11-05
Form Type: S-4
Source: 0001193125-25-267273
Chunk: 79

Company: FIFTH THIRD BANCORP
Filing Date: 2025-11-05
Form: S-4
Chunk 79
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 connection with the negotiation and completion of the transactions contemplated by the merger agreement, as well as the costs and expenses of preparing, filing, printing and
mailing this joint proxy statement/prospectus, and all filing and other fees paid in connection with the mergers. If the first merger is not completed, Fifth Third and Comerica would have to pay these expenses without realizing the expected benefits
of the first merger.

Fifth Third and Comerica will be subject to business uncertainties and contractual restrictions while the first merger is pending.

Uncertainty about the effect of the first merger or other transactions contemplated by the merger agreement on employees and customers
may have an adverse effect on Fifth Third or Comerica. These uncertainties may impair Fifth Third’s or Comerica’s ability to attract, retain and motivate key personnel until the first merger is completed, and could cause customers and
others that deal with Fifth Third or Comerica to seek to change existing business relationships with Fifth Third or Comerica. In addition, subject to certain exceptions, Fifth Third and Comerica have agreed to operate their respective businesses in
the ordinary course prior to the closing, and each party is restricted from making certain acquisitions and taking other specified actions without the consent of the other party until the first merger is completed. These restrictions may prevent
Fifth Third and/or Comerica from pursuing attractive business opportunities that may arise prior to the completion of the first merger. See “The Merger Agreement — Covenants and Agreements” beginning on page 124 for a
description of the restrictive covenants applicable to Fifth Third and Comerica.

The merger agreement contains provisions that could discourage a potential competing acquirer that might be willing to pay more to acquire or merge with either Fifth Third or Comerica.

The merger agreement
contains provisions that restrict each of Fifth Third’s and Comerica’s ability to, among other things, initiate, solicit, knowingly encourage or knowingly facilitate, inquiries or proposals with respect to, or, subject to certain
exceptions generally related to the exercise of fiduciary duties by each respective board of directors, engage or participate in any negotiations concerning, or provide any confidential or nonpublic information or data relating to, any alternative
acquisition proposals. These provisions, which include a $500,000,000 termination fee payable under certain circumstances, might discourage a potential competing acquirer that might have an interest in acquiring all or a significant part of Fifth
Third or Comerica from considering or proposing that acquisition even if, in