Company: CMA
Filing Date: 2025-11-25
Form Type: DEFM14A
Source: 0001193125-25-297173
Chunk: 61

Company: COMERICA INC
Filing Date: 2025-11-25
Form: DEFM14A
Chunk 61
---
 the amounts reflected in the unaudited pro forma condensed combined
financial information, and the differences may be material.

Further, Fifth Third has not identified all adjustments necessary to conform Comerica’s
accounting policies to Fifth Third’s accounting policies. Upon completion of the mergers, or as more information becomes available, the combined company will perform a more detailed review of Fifth Third’s accounting policies and
Comerica’s accounting policies. As a result of that review, differences could be identified between the accounting policies of the two companies that, when conformed, could have a material impact on the combined company’s financial
information.

As a result of the foregoing, the pro forma adjustments are preliminary and are subject to change as additional information becomes
available and as additional analysis is performed. The preliminary pro forma adjustments have been made solely for the purpose of providing the unaudited pro forma condensed combined financial information. Fifth Third estimated the fair value of
certain Comerica assets and liabilities based on a preliminary valuation analysis, due diligence information, information presented in Comerica’s SEC filings and other publicly available information. Until the mergers are completed, both
companies are limited in their ability to share certain information.

Upon completion of the mergers, a final determination of the fair value of Comerica
assets acquired and liabilities assumed will be performed. Any changes in the fair values of the net assets or total purchase consideration as compared with the information shown in the unaudited pro forma condensed combined financial

33

information may change the amount of the total purchase consideration allocated to goodwill and other assets and liabilities and may impact the combined company’s statement of income. The
final purchase consideration allocation may be materially different than the preliminary purchase consideration allocation presented in the unaudited pro forma condensed combined financial information.

34

FIFTH THIRD UNAUDITED PRO FORMA CONDENSED COMBINED BALANCE SHEET AS OF SEPTEMBER 30, 2025

| ($ in millions)                      
 Assets                               |     | Historical  
 Fifth Third |         |   |     | Reclassified 
 Comerica     
 (Note 3)     |        |   |     | Pro Forma   
 Adjustments |         |   |     | Note 4 |     |     | Pro Forma 
 Combined  |         |   |
|:-------------------------------------|:----|:------------|--------:|:--|:----|:-------------|-------:|:--|:----|:------------|--------:|