Company: FITBI
Filing Date: 2025-11-05
Form Type: S-4
Source: 0001193125-25-267273
Chunk: 115

Company: FIFTH THIRD BANCORP
Filing Date: 2025-11-05
Form: S-4
Chunk 115
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 including the following principal factors:

| • |     | each of Fifth Third’s, Comerica’s and the combined enterprise’s business, operations, financial                                                                                                                                                       
 condition, asset quality, earnings, regulatory compliance and prospects. In reviewing these factors, the Fifth Third board of directors considered its assessment that Comerica’s business, operations, risk profile, product offerings, geographic   
 footprint, customer base and culture complement those of Fifth Third, and that the mergers and the other transactions contemplated by the merger agreement would result in a surviving corporation with a larger scale and market presence than Fifth 
 Third on a                                                                                                                                                                                                                                            |

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| stand-alone basis, including in all Midwest markets in which the combined enterprise operates and in attractive high-growth markets, including key regions             
 in the Southeast, Texas and California, which would thereby enable Fifth Third to serve an expanded customer base and position it for continued growth and investment; |

| • |     | the strategic rationale for the mergers, including (i) that the mergers would create one of the largest                                                                                                                                           
 banks in the United States with $288 billion of total assets, $174 billion of loans and $224 billion of deposits, (ii) that the combined enterprise would operate in 17 of the 20 fastest-growing, large metropolitan statistical                 
 areas and have top 5 market share in all Midwest markets in which the combined enterprise would operate and a clear path to top 5 market share in high-growth Southeast and Texas markets, (iii) that the mergers would create a more diversified 
 platform by combining Fifth Third’s award-winning retail banking and digital capabilities with Comerica’s strong middle market banking franchise and attractive footprint and (iv) that the combined enterprise would have two                    
 $1 billion recurring and high-return fee businesses – Commercial Payments and Wealth and Asset Management – which provide durable, diversified earnings and the additional capacity to reinvest in future growth;                                 |

| • |     | the belief that the mergers would create a strong middle market banking business by combining Fifth Third’s                                                                                                                     
 leading payments products in core treasury management, broad market capabilities and award-winning private bank with Comerica’s deep, relationship-driven middle market platform serving diverse industries across the country; |

| • |     | the belief that Fifth Third and Comerica share similar cultures, and the belief of the Fifth Third board of                                                
 directors that the complementary cultures would facilitate the successful completion of the mergers and integration following consummation of the mergers; |

| • |     | its