Company: CMA
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0000028412-25-000135
Chunk: 51

Company: COMERICA INC
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 51
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, and all contributions vest immediately.

### PENSION PLANS
Comerica makes a unique investment in colleagues by maintaining an active pension plan. The pension plan and supplemental executive retirement plans available for all eligible colleagues are referred to herein as the Comerica Incorporated Retirement Income Account Plan (“RIA”) and the Supplemental Retirement Income Account Plan for Employees of Comerica Incorporated (“SRIA”).

#### Key Features
• The RIA and SRIA are cash balance plans that provide eligible participants monthly contribution credits of 3% to 6% of eligible compensation based on the sum of the participant’s age and service as shown below.

| Age + Service 
 Points        |     | Comerica     
 Contribution |
| Less than 40  |     | 3.0%         |
| 40-49         |     | 4.0%         |
| 50-59         |     | 5.0%         |
| 60+           |     | 6.0%         |

• Comerica provides a monthly interest credit based on the annual rate of interest for 30-year Treasury securities as of November preceding the applicable plan year, divided by 12. The annual rate of interest will not be less than 3.79% or more than 8%.

• The SRIA provides contribution credits and interest at the same level as the RIA for compensation in excess of the IRS pay cap, which was $345,000 in 2024, and on compensation that is deferred under Comerica’s deferred compensation plans.

• Colleagues that participated in the pension plan prior to January 1, 2017 also have a frozen benefit accrued under the prior final average pay formula through December 31, 2016.

#### Limited Perquisites
Comerica provides a limited number of perquisites to its executive officers for competitive and business reasons. These personal benefits represent a small component of compensation, and Comerica does not pay tax reimbursements on such items (other than relocation assistance that is available to employees at all levels). Executive services benefit our shareholders by facilitating our NEOs' continued service and focus on Comerica's business. We provide financial planning services beyond those available generally to all employees in order to facilitate our executives' focus on Comerica's business matters. We also allow Mr. Farmer personal use of the corporate aircraft up to $150,000 annually; this benefit increases the time our CEO has to work on Comerica business by minimizing wait times and facilitating meetings compared