Company: FCNCB
Filing Date: 2025-11-14
Form Type: 424B5
Source: 0001193125-25-283229
Chunk: 49

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-14
Form: 424B5
Chunk 49
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 of directors does not declare a dividend on our Series B Preferred Stock in respect of a dividend period, then no dividend is deemed to have accrued for such dividend period, be payable on the applicable Series B dividend payment date, or is cumulative, and we will have no obligation to pay any dividend for that dividend period, whether or not our board of directors or a duly authorized committee of our board of directors declares a dividend on our Series B Preferred Stock for any future dividend period. So long as any Series B Preferred Stock remains outstanding, unless full dividends for the most recently completed dividend period have been declared and paid (or declared and a sum sufficient for the payment thereof has been set aside) on all outstanding shares of our Series B Preferred Stock, we may not, subject to certain important exceptions:

| • |     | declare, pay, or set aside for payment any dividend or distribution on any shares of capital stock ranking junior 
 to our Series B Preferred Stock as to dividend or liquidation rights;                                             |

| • |     | repurchase, redeem, or otherwise acquire for consideration, directly or indirectly, any shares of our capital 
 stock ranking junior to our Series B Preferred Stock as to dividend or liquidation rights; or                 |

| • |     | repurchase, redeem, or otherwise acquire for consideration, directly or indirectly, any shares of our capital                                                        
 stock ranking on parity with our Series B Preferred Stock as to dividend or liquidation rights, including our Series A Preferred Stock and Series B Preferred Stock. |

Notwithstanding the foregoing, if dividends are not paid in full, or set aside for payment in full, upon the shares of our Series B Preferred Stock and any shares of capital stock ranking on a parity with our Series B Preferred Stock as to dividend rights (“Series B dividend parity stock”), dividends may be declared and paid upon shares of our Series B Preferred Stock and the Series B dividend parity stock pro rata in proportion to the respective amounts of undeclared and unpaid dividends on our Series B Preferred Stock and all parity stock payable on such Series B dividend payment date. Subject to the foregoing, and not otherwise, dividends (payable in cash, stock, or otherwise) may be declared and paid on our common stock, and any other class or series of capital stock that ranks junior to our Series B Preferred Stock as to dividend and liquidation rights, from time to time out of any assets legally available for such payment, and the holders of our Series B Preferred Stock or Series B dividend parity stock will not be entitled to participate in any such