Company: CMA
Filing Date: 2025-11-25
Form Type: DEFM14A
Source: 0001193125-25-297173
Chunk: 175

Company: COMERICA INC
Filing Date: 2025-11-25
Form: DEFM14A
Chunk 175
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ica will be required to complete the first merger if such shares are not authorized for listing on NASDAQ, subject to
notice of issuance. Following the first merger, shares of Fifth Third common stock will continue to be traded on NASDAQ.

The Comerica depositary shares
representing a 1/40th ownership interest of Comerica preferred stock are currently listed on the NYSE under the symbol “CMA PrB”. The new Fifth Third depositary shares representing a 1/40th ownership interest in a share of new Fifth
Third preferred stock are expected to be listed on NASDAQ upon completion of the first merger.

Appraisal or Dissenters’ Rights in the First Merger

Appraisal rights (also known as dissenters’ rights) are statutory rights that, if applicable under
law, enable shareholders to dissent from an extraordinary transaction, such as a merger, and to demand that the corporation pay the fair value for their shares as determined by a court in a judicial proceeding instead of receiving the consideration
offered to shareholders in connection with the extraordinary transaction.

Holders of Fifth Third common stock and holders of Fifth Third preferred stock
(including depositary shares in respect of Fifth Third preferred stock) are not entitled to appraisal or dissenters’ rights with respect to the proposed merger under the Ohio General Corporation Law (the “OGCL”) in connection with
the transactions contemplated by the merger agreement.

Under Section 262 of the Delaware General Corporation Law, as amended (the
“DGCL”), Comerica’s stockholders will not be entitled to appraisal rights in connection with the transactions contemplated in the merger agreement if, on the record date of the Comerica’s special meeting, shares of
Comerica’s common stock listed on a national securities exchange are held of record by more than two thousand (2,000) stockholders, and Comerica’s stockholders are not required to accept as consideration for their shares anything other
than the shares of Fifth Third, shares of another corporation which at the effective date of the first merger are either listed on a national securities exchange or held of record by more than two thousand (2,000) stockholders, cash paid in lieu of
fractional shares or any combination of the foregoing. Comerica’s common stock is currently listed on the NYSE, a national securities exchange, and is expected to continue to be so listed on the record date for the Comerica special meeting. In
addition, Comerica stockholders will receive shares of