Company: FCNCB
Filing Date: 2025-03-18
Form Type: DEF 14A
Source: 0001193125-25-056659
Chunk: 33

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-03-18
Form: DEF 14A
Chunk 33
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                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | The CNG Committee seeks to recommend Board candidates:   ●  who have personal and professional integrity, sound judgment, and business acumen;   ●  who have the time, ability, and commitment to make a constructive and meaningful contribution to the Boards;   ●  who, with other directors, will effectively serve the long-term interests of our stockholders; and   ●  who satisfy applicable requirements of state and federal laws, rules, and regulations (including banking regulations) for service as our and FCB’s directors.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | EVALUATION OF DIRECTOR CANDIDATES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | The CNG Committee considers the size and composition of the Boards in light of our current and future needs and recommends candidates based on its assessment of, among other things:   ●  business, professional, personal, and educational background, skills, experience, and expertise;   ●  community leadership;   ●  independence;   ●  potential contributions to the Boards that are unusual or unique;   ●  knowledge of our organization and our and FCB’s respective operations;   ●  personal financial interest in our and FCB’s long-term growth, stability, and success;   ●  the past and future contributions of our current directors, and the value of continuity and prior Board experience;   ●  the existence of one or more vacancies on the Boards;   ●  our need for directors possessing particular attributes, skills, experience, or expertise;   ●  the role of directors in FCB’s business development activities;   ●  diversity of individuals who bring different attributes, experiences and perspectives to deliberations; and   ●  other factors that it or our Boards consider relevant, including any specific qualifications that may be adopted from time to time. |

| 2025 Annual Proxy Statement |     | 35 |

Committees of Our Boards

| While the Committee and our Boards recognize the benefits derived from boards of directors composed of individuals who bring different attributes, experiences