Company: FCNCB
Filing Date: 2025-09-02
Form Type: 424B5
Source: 0001193125-25-193496
Chunk: 31

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-09-02
Form: 424B5
Chunk 31
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 our property, or (iii) orders our liquidation, and in any such case the order or decree remains unstayed and in effect for 60 days; or |

| • |     | we are placed into receivership in a proceeding under the “orderly liquidation authority” provisions 
 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.                                    |

The Notes and Subordinated Indenture provide for the following additional events of default with respect to the Notes, but these additional events of default do not permit acceleration of the payment of principal or interest in respect of the Notes:

| • |     | our default in the payment of any interest upon the Notes, when such interest becomes due and payable, and 
 continuance of such default for a period of 30 days;                                                       |

| • |     | our default in the payment of the principal of the Notes when due, whether at maturity, upon redemption, by                                                                                                 
 acceleration or otherwise, and continuance of such default for a period of 30 days (whether or not payment thereof is permitted pursuant to the subordination provisions of the Subordinated Indenture); or |

| • |     | our default in the performance, or breach, of any covenant or agreement in the Subordinated Indenture applicable                                                                                                                                        
 to us, and continuance of such default or breach for a period of 90 days after there has been given, by registered or certified mail, to us by the Trustee or to us and the Trustee by the holders of at least 25% in aggregate principal amount of the 
 outstanding Notes, a written notice specifying such default or breach and requiring it to be remedied and stating that such notice is a notice of default under the Subordinated Indenture.                                                             |

There is no right of acceleration in the case of a default in the payment of principal of or interest on the Notes or in our performance of any other obligation under the Notes or the Subordinated Indenture.However, if any of the foregoing additional events of default occurs, then the Trustee may, subject to certain limitations and conditions and the subordination provisions of the Subordinated Indenture, exercise all remedies otherwise permitted by applicable law. The Subordinated Indenture provides that the Trustee will be under no obligation to exercise any remedy under the Subordinated Indenture at the request or direction of any holder of Notes unless such holders shall have offered to the Trustee security or indemnity satisfactory to it against the costs, expenses, and liabilities which may be