Company: FCNCB
Filing Date: 2025-03-06
Form Type: 424B5
Source: 0001193125-25-047965
Chunk: 50

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-03-06
Form: 424B5
Chunk 50
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ure or modify any provisions relating to the waiver by holders of the senior notes of past defaults and covenants, except to increase any required percentage or to 
 provide that other provisions of the Senior Indenture cannot be modified or waived without the consent of the holder of each outstanding senior note affected thereby.                                                                                 |

In addition, the holders of a majority in aggregate principal amount of the outstanding senior notes may, on behalf of all holders of the senior notes, waive compliance by us with terms, conditions, and provisions of the Senior Indenture, as well as any past default and the consequences of the default, other than any default in the payment of principal or interest or any breach in respect of a covenant or provision that cannot be modified or amended without the consent of the holder of each outstanding senior note. For purposes of this paragraph, a “default” means any event which is, or after notice or lapse of time or both would become, an event of default or a covenant breach under the Senior Indenture with respect to the senior notes. In addition, we and the Trustee may modify and amend the Senior Indenture without the consent of any holders of the senior notes for any of the following purposes:

| • |     | to evidence the succession of another person to BancShares as obligor under the Senior Indenture; |

| • |     | to add to the covenants of BancShares or covenant breaches or events of default for the benefit of the holders of                                                                                                                        
 the senior notes or to surrender any right or power conferred upon BancShares in the Senior Indenture or to make any change that does not adversely affect any holder’s legal rights under the Senior Indenture in any material respect; |

| • |     | to add to, change, or eliminate any provisions of the Senior Indenture, if the addition, change, or elimination                                                         
 becomes effective only when there are no debt securities outstanding of any series issued under the Senior Indenture that are entitled to the benefit of the provision; |

| • |     | to establish the form or terms of the senior notes; |

| • |     | to cure any ambiguity or omission or correct any defect or inconsistency in the Senior Indenture, or to conform                            
 the text of the Senior Indenture or the senior notes to the description of the senior notes in the prospectus supplement relating thereto; |

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| • |     | to evidence the acceptance of appointment by a successor trustee; |

| • |