Company: CMA
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0000028412-25-000135
Chunk: 13

Company: COMERICA INC
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 13
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 President and Chief Information Officer at Johnson Controls, Inc., a manufacturer of car batteries and interior parts for combustion engine and hybrid electric vehicles, as well as energy-efficient HVAC systems, from March 2018 to December 2019. Before that, she spent 22 years at Abbott Laboratories, Inc., a global healthcare company, in several leadership roles, including, most recently, Vice President, Business and Technology Services, from June 2015 to February 2018. She has been a director of Haleon plc since August 2024. |     |                     |

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| Corporate Governance Practices |

#### Board Leadership Structure
Our CEO also serves as the Chairman of the Board. Mr. Farmer has provided strong leadership to the Board and management, instilling a clear focus on the Company’s strategy and business plans. The Board has chosen this structure because it believes the CEO serves as a bridge between management and the Board, ensuring that both groups act with a common purpose. Although the Board believes that it is more effective to have one person serve as the Company’s Chairman and CEO at this time, it also believes that it is simultaneously important to have a robust governance structure to ensure a strong and independent Board. All directors, with the exception of the Chairman, are independent as defined under New York Stock Exchange ("NYSE") rules, and the Audit Committee, the Compliance Oversight Committee, the Enterprise Risk Committee, the Governance, Compensation and Nominating Committee and the Qualified Legal Compliance Committee are comprised entirely of independent directors.

The non-management directors annually elect an independent Facilitating Director (or lead director), currently Barbara R. Smith, who leads the non-management directors in regularly-scheduled executive sessions. As Facilitating Director, Ms. Smith’s duties include, but are not limited to, the following:

• Presiding at all other meetings of the Board at which the Chairman is not present, including executive sessions of the independent directors;

• Serving as liaison between the Chairman and the independent directors;

#### •

#### Approving information sent to the Board;
#### •

#### Approving meeting agendas for the Board;
• Approving meeting schedules for the Board to assure that there is sufficient time for discussion of all agenda items;

• Having the authority to call meetings of the independent directors; and

• If requested by major shareholders, ensuring that she is available for consultation and direct communication.

The Board believes that the Facilitating Director further strengthens the Board’s independence and autonomous oversight of our business as well as Board communication and effectiveness. The executive sessions over which she pres