Company: CMA
Filing Date: 2025-11-25
Form Type: DEFM14A
Source: 0001193125-25-297173
Chunk: 184

Company: COMERICA INC
Filing Date: 2025-11-25
Form: DEFM14A
Chunk 184
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| • |     | loan portfolio matters; |

| • |     | broker-dealer subsidiaries; and |

| • |     | insurance subsidiaries. |

Certain representations and warranties of Fifth Third and Comerica are qualified as to “materiality” or “material adverse effect.” For purposes of the merger agreement, a “material adverse effect,” when used in reference to either Fifth Third, Comerica or the surviving entity, means any effect, change, event, circumstance, condition, occurrence or development that, either individually or in the aggregate, has had or would reasonably be expected to have a material adverse effect on (1) the business, properties, assets, liabilities, results of operations or financial condition of such party and its subsidiaries taken as a whole or (2) the ability of such party to timely consummate the transactions contemplated by the merger agreement. However, with respect to clause (1), a material adverse effect will not be deemed to include the impact of:

| • |     | changes, after the date of the merger agreement, in U.S. GAAP or applicable regulatory accounting requirements; |

| • |     | changes, after the date of the merger agreement, in laws, rules or regulations of general applicability to                                   
 companies in the industries in which such party and its subsidiaries operate, or interpretations thereof by courts or governmental entities; |

| • |     | changes, after the date of the merger agreement, in global, national or regional political conditions (including                                                                                                                                          
 the outbreak of war or acts of terrorism) or in economic or market (including equity, credit and debt markets, as well as changes in interest rates) conditions affecting the financial services industry generally and not specifically relating to such 
 party or its subsidiaries;                                                                                                                                                                                                                                |

| • |     | changes, after the date of the merger agreement, resulting from hurricanes, earthquakes, tornados, floods or 
 other natural or manmade disasters or from any outbreak of any disease or other public health event;         |

| • |     | public disclosure of the transactions contemplated in the merger agreement or actions expressly required by the                                                    
 merger agreement or that are taken with the prior written consent of the other party in contemplation of the transactions contemplated by the merger agreement; or |

| • |     | a decline in the trading price of a party’s common stock or the failure, in and of itself, to meet earnings                                                                                           
 projections or internal financial forecasts (provided that the underlying causes of such decline or failure may be taken into account in determining whether a