Company: CMA
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0000028412-25-000135
Chunk: 63

Company: COMERICA INC
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 63
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1,292,256 |      |     |   | $1,208,833 |      |     |   | $1,111,505 |      |
| Mr. Goldman |     |   $923,238 |      |     |   |            |  N/A |     |   |            |  N/A |
| Mr. Sefzik  |     | $1,292,256 |      |     |   | $1,116,185 |      |     |   | $1,019,340 |      |
| Ms. Crespi  |     |   $830,637 |      |     | $ |    790,227 |      |     | $ |    602,550 |      |

(4) Represents the aggregate grant date fair value of stock options granted to the NEOs in accordance with ASC 718 and Item 402 of Regulation S-K, excluding the effect of estimated forfeitures. The amounts reflect the fair market value at the date of grant for these awards based on a binomial lattice valuation. See the “2024 Grants of Plan-Based Awards” table below for information on awards made in 2024. The fair value assigned to an option as of each grant date is as follows:

| Grant Date |     |       | Grant Date Fair Value per Option 
 ($)                              |
| 01/25/2022 |     | 25.31 |                                  |
| 01/24/2023 |     | 20.21 |                                  |
| 01/23/2024 |     | 17.64 |                                  |

For additional information on the valuation assumptions used in determining fair value for share-based compensation, refer to Notes 1 and 16 in the Consolidated Financial Statements in Comerica’s Annual Report on Form 10-K for the year ended December 31, 2024.

(5) Represents incentive awards earned, if any, under Comerica’s MIP based on Comerica’s performance for the relevant performance periods.

(6) Represents the aggregate change in the actuarial present value of the individual’s accumulated benefit under the RIA and SRIA. Pursuant to SEC rules, because Mr. Herzog and Mr. Sefzik had negative changes in pension value for 2022 in the amount of $688,109 and $437,360, respectively, the table reflects a change of “0”. Please see “Pension Benefits at Fiscal Year-End 2024” for