Company: CMA
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0000028412-25-000135
Chunk: 41

Company: COMERICA INC
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 41
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 Employment agreements                                                                                                                                          |
|               |     | Excise tax gross-up provisionsfor current change of control agreements entered into after 2008 and will not include this provision in future agreements.       |
|               |     | Modified single-trigger severance provisionsfor change of control agreements entered into after 2008 and will not include this provision in future agreements. |
|               |     | Repricing or replacing of underwater stock optionsor stock appreciation rights ("SARs") without shareholder approval.                                          |
|               |     | Pledging or hedging Comerica sharesby employees or directors is prohibited.                                                                                    |
|               |     | Non-independent directors on the compensation committee: the entire Committee meets SEC and NYSE independence requirements.                                    |

| PROPOSAL 3: NON-BINDING, ADVISORY PROPOSAL APPROVING EXECUTIVE COMPENSATION |     | 45 |

#### Roles and Responsibilities
Role of the Compensation Committee:

The Committee, which consists of entirely independent members, oversees the development and administration of our executive compensation programs, and it reviews and approves all aspects of such programs.

Role of the Compensation Consultant:

The Committee uses its own judgment in determining executive compensation. To aid members in those decisions, the Committee retained Frederic W. Cook & Co. Inc. (“FW Cook”) as an independent consultant reporting directly to the Committee. Annually, the Committee evaluates FW Cook and FW Cook's primary individual advisor to the Committee, on the quality of their services. Following its 2024 review, the Committee extended FW Cook's engagement through July 2025. At that time, the Committee also reviewed FW Cook's independence, considering the following information provided by FW Cook:

• FW Cook did not provide any services to Comerica in 2024 other than for the Committee.

• FW Cook's 2024 Comerica fees were less than 1% of FW Cook’s annual consolidated total revenue.

• FW Cook's policies and procedures were designed to prevent conflicts of interest.

• FW Cook's primary individual advisor to the Committee had no personal or business relationships with any Committee member or Comerica executive, other than through the Committee's engagement of FW Cook.

• Neither FW Cook nor its primary individual advisor owned any Comerica common stock.

Based on its review of these, and any other factors it considered relevant, the Committee concluded that the work of FW Cook and the individual advisors it employed had not presented any conflicts of interest.

Toassist the Committee, FW Cook:

#### •