Company: CMA
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0000028412-25-000135
Chunk: 104

Company: COMERICA INC
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 104
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 reimburse banks, brokerage houses and other custodians, nominees and fiduciaries for their out-of-pocket expenses for forwarding solicitation materials to beneficial owners of Comerica common stock.

#### Interests of Directors and Executives
Because they would receive compensation for their services as directors, Comerica's director nominees have an interest in their election to the Board.

#### Shares Outstanding
There were 131,205,672 shares of Comerica common stock outstanding as of the Record Date.

#### A-1
| Appendix A: Reconciliations of Non-GAAP Financial Measures |

The non-GAAP financial measures used for incentive awards include MIP EPS, SELTPP ROCE and MIP Efficiency Ratio. Comerica believes that these measurements, as defined in Comerica’s compensation programs, align the interests of employees with the interests of our shareholders in programs designed to attract, retain and motivate them to sustain our competitive advantages in the financial sector. See the Compensation Discussion and Analysis in this proxy statement for a description of why Comerica believes these adjusted measurements are meaningful and appropriate to Comerica's compensation programs. These disclosures should not be viewed as a substitute for operating results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies.

| (in millions, except per share data)                           
 MIP EPS:                                                       |     |       | 2024 |
| Net income attributable to common shareholders                 |     |  $671 |      |
| Plus:                                                          |     |       |      |
| Securities repositioning(1)                                    |     |    19 |      |
| FDIC special assessment(2)                                     |     |    13 |      |
| Net BSBY cessation hedging losses(3)                           |     |    32 |      |
| Net charge-offs in lieu of provision expense for credit losses |     |    -2 |      |
| Impact of 50% interest rate collar                             |     |    44 |      |
| Income tax impact of above items                               |     |   -24 |      |
| MIP net income attributable to common shareholders             |     |  $753 |      |
| Diluted average common shares                                  |     |   134 |      |
| Diluted earnings per common share                              |     | $5.02 |      |
| MIP EPS                                                        |     | $5.63 |      |

(1) Securities repositioning relates to