Company: CMA
Filing Date: 2025-08-05
Form Type: 424B5
Source: 0001193125-25-173600
Chunk: 46

Company: COMERICA INC
Filing Date: 2025-08-05
Form: 424B5
Chunk 46
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 dividend, redemption, liquidation and voting rights).

Immediately following the issuance of the Series B Preferred Stock, we will deposit the Series B Preferred Stock with the depositary, which
will then issue the depositary shares to the underwriters. Copies of the forms of deposit agreement and the depositary receipt may be obtained from us upon request and in the manner described in the “Where You Can Find More Information”
section of this prospectus supplement.

Dividends and Other Distributions

Each dividend on a depositary share will be in an amount equal to 1/40th of the dividend declared on each share of the Series B Preferred
Stock.

The depositary will distribute any cash dividends or other cash distributions received in respect of the deposited Series B
Preferred Stock to the record holders of depositary shares representing the Series B Preferred Stock represented thereby in proportion to the number of depositary shares held by the holders. The depositary will distribute any property received by it
other than cash to the record holders of depositary shares entitled to those distributions, unless we determine that the distribution cannot be made proportionally among those holders or that it is not feasible to make a distribution (including any
requirement that we or the depositary withhold an amount on account of taxes). In that event, we may adopt a method we deem equitable and practicable for purposes of effecting the distribution, including selling the property (at a public or private
sale) and distributing the net proceeds from the sale to the holders of the depositary shares in proportion to the number of depositary shares they hold.

Record dates for the payment of dividends and other matters relating to the depositary shares will be the same as the corresponding record
dates for the Series B Preferred Stock.

The amounts distributed to holders of depositary shares will be reduced by any amounts required
to be withheld by the depositary or by us on account of taxes or other governmental charges.

Redemption of Depositary Shares

If we redeem the Series B Preferred Stock represented by the depositary shares, the depositary shares will be redeemed from the proceeds
received by the depositary resulting from the redemption of the Series B Preferred

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Stock held by the depositary. The redemption price per depositary share will be equal to 1/40th of the redemption price per share payable with respect to the Series B Preferred Stock (or $25 per
depositary share), plus any declared and unpaid dividends, without accumulation of any undeclared dividends. Whenever we redeem shares of Series B Preferred Stock