Company: FCNCB
Filing Date: 2025-09-04
Form Type: 424B5
Source: 0001193125-25-195116
Chunk: 32

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-09-04
Form: 424B5
Chunk 32
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 means any event which is, or after notice or lapse of time or both would become, an event of default under the Subordinated Indenture with respect to the Notes. We are required to deliver to the Trustee, within 120 days after the end of each of our fiscal years ending after the Issue Date, a written statement from our applicable officers regarding whether we have fulfilled all of our obligations under the Subordinated Indenture throughout the year and specifying any known default and its status. Modification and Waiver The Subordinated Indenture provides that we and the Trustee may modify or amend the Subordinated Indenture with, or, in certain cases, without the consent of the holders of a majority in principal amount of outstanding Notes; providedthat any modification or amendment may not, without the consent of the holder of each outstanding Note affected thereby:

| • |     | change the stated maturity date of the principal of, or any installment of principal or interest on, the Notes; |

| • |     | reduce the percentage in principal amount of the Notes required for any supplemental indenture or for any waiver 
 provided for in the Subordinated Indenture;                                                                      |

| • |     | alter the method of computation of interest; |

| • |     | make the Notes payable in money other than that stated in the Notes; |

| • |     | reduce the principal amount thereof or the rate of interest thereon; |

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| • |     | change the Company’s obligation to maintain an office or agency for payment of the Notes and the other 
 matters specified in the Subordinated Indenture;                                                       |

| • |     | impair the right to institute suit for the enforcement of any payment of principal of or interest on the Notes; |

| • |     | modify the Subordinated Indenture with respect to the subordination of the Notes in a manner adverse to the 
 holders of the Notes; or                                                                                    |

| • |     | modify any of the provisions of the Subordinated Indenture relating to the execution of supplemental indentures                                                                                                                                 
 with the consent of holders of the Notes which are discussed herein or modify any provisions relating to the waiver by holders of the Notes of past defaults and covenants, except to increase any required percentage or to provide that other 
 provisions of the Subordinated Indenture cannot be modified or waived without the consent of the holder of each outstanding Note affected thereby.                                                                                              |

In addition, the holders of a majority in aggregate principal amount of the outstanding Notes may