Company: CMA
Filing Date: 2025-12-18
Form Type: 425
Source: 0001193125-25-323441
Chunk: 17

Company: COMERICA INC
Filing Date: 2025-12-18
Form: 425
Chunk 17
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 outstanding equity awards (including any Assumed Options and Assumed RSU Awards); and |

| • |     | a lump sum cash payment of $225,000, representing the Welfare Benefits under his CIC Agreement. |

Following the conclusion of the employment period and ending on the earlier of the first anniversary of the conclusion of the employment period or the second anniversary of the effective date (the “advisory period”), Mr. Farmer will serve as a senior advisor to Fifth Third, providing strategic integration support and related services. During the advisory period, he will receive an annual advisory fee of $8,750,000, along with an executive office, administrative support, and travel and expense benefits in each case on a basis no less favorable to those provided to him immediately before the effective date. In addition to his advisory role, Mr. Farmer will be appointed to the board of directors of Fifth Third and the board of directors of Fifth Third Bank, National Association, effective as of the conclusion of the employment period. He will be nominated for re-election ateach annual meeting of shareholders until he reaches the age of 72. Once the advisory period has ended (i.e., by the second anniversary of the effective date), Mr. Farmer will cease to receive the annual advisory fee, and will receive ordinary course director compensation on the same basis as other non-employeedirectors of Fifth Third while he serves as a member of the Fifth Third board of directors. Under the letter agreement, Mr. Farmer will be subject to non-competition and non-solicitation ofcustomers and employees covenants during the term of the letter agreement and for one year following the expiration of the term, as well as a perpetual confidentiality covenant. The Section entitled “ The Mergers—Governance of Fifth Third After the First Merger ” beginning on pg. 115 is amended and restated as follows: As The merger agreement provides that, asof the effective time, the number of directors constituting the Fifth Thirdboard of directors of Fifth Thirdwill be increased by three (3), and three (3) directors from Comerica’s board of directors immediately prior to the effective time determined by mutual agreement of Comerica and Fifth Thirdwill be appointed to the Fifth Third board of directors. Fifth Third and Comerica have mutually agreed that Derek J. Kerr, Barbara R. Smith and Michael G. Van de Ven, currently serving as directors of Comerica’s board of directors, will be appointed to the Fifth Third board of directors as of the effective time