Company: CMA
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0000028412-25-000135
Chunk: 24

Company: COMERICA INC
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 24
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, in which case they will be reported to the full committee at its next meeting.

The policy contains a list of categories of transactions involving related persons that the Governance, Compensation and Nominating Committee has deemed pre-approved or ratified and as a result need not be brought to the Governance, Compensation and Nominating Committee for approval. These include:

1. financial services or financial services products (other than loans or extensions of credit provided by Comerica), including, without limitation, brokerage services, banking services, third-party credit card products/services bearing Comerica’s logo, custodial services, trustee services, insurance services, investment advisory or asset management services, and other financial services or products-related transactions entered into between Comerica and/or any of its direct or indirect subsidiaries and any related party, provided that the transactions (i) are in the ordinary course of business; (ii) are on substantially the same terms as those prevailing at the time for comparable services provided to non-affiliates; and (iii) are in compliance with applicable law, including the Sarbanes-Oxley Act of 2002, if applicable;

2. transactions not described in clause (1) above involving the purchase, sale or referral of products or services from, to or by Comerica and/or any of its direct or indirect subsidiaries, in which the related party’s interest derives solely from his or her service as an executive officer, director or employee of another corporation or organization that is a party to the transaction, provided that payments from or to Comerica and/or any of its direct or indirect subsidiaries for such products or services in any fiscal year constitute less than 1% of Comerica's consolidated gross revenues and constitute less than 1% of the related party's consolidated gross revenues;

3. any other transactions entered into between Comerica and a related party that is a 5% shareholder that (i) are in the ordinary course of business; (ii) are on substantially the same terms as those prevailing at the time for comparable services provided to non-affiliates; and (iii) are in compliance with applicable law, including the Sarbanes-Oxley Act of 2002, if applicable;

4. any charitable contribution, grant or endowment by Comerica, any of its direct or indirect subsidiaries and/or the Comerica Charitable Foundation to a charitable organization, foundation or university where a related party is a director or trustee (but not an executive officer);

5. any charitable contribution, grant or endowment