Company: FITBI
Filing Date: 2025-11-05
Form Type: S-4
Source: 0001193125-25-267273
Chunk: 81

Company: FIFTH THIRD BANCORP
Filing Date: 2025-11-05
Form: S-4
Chunk 81
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 filings and notices, SEC filing fees, printing and mailing fees and other costs associated with the mergers. Some of these costs are payable regardless of whether the first merger
and other transactions contemplated by the merger agreement are completed. See “The Merger Agreement — Expenses and Fees” beginning on page 135.

In connection with the mergers and bank mergers, Fifth Third will assume Comerica’s outstanding debt obligations and preferred stock, and Fifth Third’s level of indebtedness following the completion of the mergers and bank mergers could adversely affect Fifth Third’s ability to raise additional capital and to meet its obligations under its existing indebtedness.

In connection with the mergers and bank mergers, Fifth Third will assume Comerica’s outstanding indebtedness, as well as Comerica’s obligations
related to its respective outstanding preferred stock. Comerica’s existing debt, together with any future incurrence of additional indebtedness, and the assumption of Comerica’s outstanding preferred stock, could have important
consequences for Fifth Third’s creditors and Fifth Third’s shareholders. For example, it could limit Fifth Third’s ability to obtain additional financing for working capital, capital expenditures, debt service requirements,
acquisitions and general corporate or other purposes and require a substantial portion of cash flow from operations to be dedicated to the payment of principal and interest on Fifth Third’s indebtedness and dividends on the preferred stock,
thereby reducing Fifth Third’s ability to use cash flows to fund its operations, capital expenditures and future business opportunities.

Following
completion of the first merger, holders of Fifth Third common stock will be subject to the prior dividend and liquidation rights of the holders of the new Fifth Third preferred stock and depositary shares that Fifth Third will issue upon completion
of the first merger. Holders of new Fifth Third preferred stock and depositary shares and any shares of preferred stock that Fifth Third may issue in the future, would receive, upon the combined company’s voluntary or involuntary liquidation,
dissolution or winding up, before any payment is made to holders of Fifth Third common stock, their liquidation preferences as well as any accrued and unpaid distributions. These payments would reduce the remaining amount of the combined
company’s assets, if any, available for distribution to holders of its common stock.

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Holders of Fifth Third and Comerica common stock will have a reduced ownership and voting interest in Fifth Third after the first merger and will exercise less influence over management.

Holders of Fifth Third and Comerica common stock currently
have the right to