Company: CMA
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0000028412-25-000135
Chunk: 18

Company: COMERICA INC
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 18
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. Goldman, oversees risk on an enterprise-wide basis and reports to the Enterprise Risk Committee. He is responsible for ongoing compliance with policies and procedures relating to risk management governance, procedures and infrastructure, and also monitoring compliance with such policies and procedures, among other responsibilities. |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|            |     | Comerica’s Chief Audit Executive, Christine M. Moore, heads Comerica's internal audit function and reports to the Audit Committee. She is responsible for evaluating and opining on the effectiveness of Comerica’s internal controls, policies and procedures.                                                                                                                       |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |

(1) From January 1, 2024 to April 23, 2024, Michael Collins also served as the Board's risk expert.

#### 24COMERICA INC.CORPORATE GOVERNANCE PRACTICES

#### Board Continuing Education

#### Onboarding
New director onboarding is a critical process that ensures incoming Board members are well-prepared to fulfill their responsibilities. Comerica's onboarding program includes a combination of personalized orientation sessions, written materials, and introductions to key leadership and team members. New directors learn about Comerica's governance structure, strategic plans, significant financial, accounting, and risk management concepts, its compliance programs, its various codes of ethics, its policies regarding Regulation FD and insider trading, its principal officers, and its internal and independent auditors. This thorough process helps new directors integrate smoothly, align with Comerica's objectives and make informed contributions to Board discussions and decision making.

#### Continuing Education
Comerica encourages its Board members to attend continuing director education programs to assist them in maintaining skills necessary or appropriate for the performance of their responsibilities. Comerica believes that continuing director education is beneficial in helping members navigate the complexities of the banking industry, remain abreast of regulatory requirements and expectations, and effectively oversee operations.

#### Overboarding Limit
Comerica requires that its directors not serve on more than three public company boards in addition to the Comerica Board and requires that members of Comerica’s Audit Committee not serve on more than two other public company audit committees. This allows Comerica's directors sufficient time to devote to Comerica and its shareholders.

#### Code of Ethics
Comerica has a Code of Business Conduct and Ethics for Employees, which applies to employees and agents of Comerica and its subsidiaries and affiliates, as well as a Code of Business Conduct and Ethics for Members of the Board of Directors. Comerica