Company: FCNCB
Filing Date: 2025-03-06
Form Type: 424B5
Source: 0001193125-25-047965
Chunk: 63

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-03-06
Form: 424B5
Chunk 63
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 time to time. If less than all of the securities of any class are being redeemed, then DTC will determine the amount of the interest of each direct participant to be redeemed in accordance with its then current procedures. Neither DTC nor Cede & Co. (nor any other DTC nominee) will consent or vote with respect to any securities unless authorized by a direct participant in accordance with DTC’s procedures. Under its usual procedures, DTC mails an omnibus proxy to the issuer as soon as possible after the record date. The omnibus proxy assigns Cede & Co.’s consenting or voting rights to those direct participants to whose accounts securities are credited on the record date (identified in a listing attached to the omnibus proxy). DTC may discontinue providing its services as securities Depositary with respect to the senior notes at any time by giving reasonable notice to the issuer or its agent. Under these circumstances, in the event that a successor securities Depositary is not obtained, certificates for the senior notes are required to be printed and delivered. We may decide to discontinue the use of the system of book-entry-only transfers through DTC (or a successor securities Depositary). In that event, certificates for the senior notes will be printed and delivered to DTC. As long as DTC or its nominee is the registered owner of the Global senior notes, DTC or its nominee, as the case may be, will be considered the sole owner and holder of the Global senior notes and all securities represented by these certificates for all purposes under the instruments governing the rights and obligations of holders of such securities. Except in the limited circumstances referred to above, owners of beneficial interests in Global senior notes:

| • |     | will not be entitled to have such global security certificates or the securities represented by these 
 certificates registered in their names;                                                               |

| • |     | will not receive or be entitled to receive physical delivery of securities certificates in exchange for 
 beneficial interests in global security certificates; and                                               |

| • |     | will not be considered to be owners or holders of the global security certificates or any securities represented                
 by these certificates for any purpose under the instruments governing the rights and obligations of holders of such securities. |

S-39

All redemption proceeds, distributions, and interest payments on the securities represented
by the Global senior notes and all transfers and deliveries of such securities will be made to DTC or its nominee, as the case may be, as the registered holder of the securities. DTC’s practice is to credit direct participants’