Company: FCNCB
Filing Date: 2025-11-14
Form Type: 424B5
Source: 0001193125-25-283229
Chunk: 32

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-14
Form: 424B5
Chunk 32
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 capital adequacy guidelines or regulations), as then in effect and applicable, for as long as any share of Series D Preferred Stock is outstanding. The Series D Preferred Stock will not be subject to any sinking fund or other obligation to redeem, repurchase or retire the Series D Preferred Stock. Redemption Procedures If shares of the Series D Preferred Stock are to be redeemed, notice of redemption will be given by first class mail or electronically delivered to the holders of record of the Series D Preferred Stock to be redeemed, mailed or electronically delivered at least five days and not more than 60 days before the date fixed for redemption (provided that, if the depositary shares are held in book-entry form through The Depository Trust Company (“DTC”), we may give such notice in any manner permitted by DTC). Each notice of redemption will include a statement setting forth:

| (a) | the redemption date; |

| (b) | the number of shares of Series D Preferred Stock to be redeemed and, if less than all the shares of the Series                                    
 D Preferred Stock held by a holder are to be redeemed, the number of such shares of the Series D Preferred Stock to be redeemed from such holder; |

| (c) | the redemption price; |

| (d) | the place or places where the certificates for such shares are to be surrendered for payment of the redemption 
 price; and                                                                                                     |

| (e) | that dividends on the shares of the Series D Preferred Stock to be redeemed will cease to accrue on the 
 redemption date.                                                                                        |

If notice of redemption of any shares of the Series D Preferred Stock has been duly given and if the funds necessary for such redemption have been set aside by us for the benefit of the holders of shares of the Series D Preferred Stock so called for redemption, then, on and after the redemption date, dividends will cease to accrue on such shares of the Series D Preferred Stock, such shares of the Series D Preferred Stock will no longer be deemed outstanding and all rights of the holders of such shares will terminate, except the right to receive the redemption price plus any authorized, declared, and unpaid dividends or, in the case of a redemption following a regulatory capital treatment event, the redemption price plus the sum of (i) any authorized, declared, and unpaid dividends in any prior dividend period and (ii) any unpaid dividends for the dividend period in which such redemption occurs, whether or not declared, at the dividend rate on the basis of a full dividend period multiplied S-19

by a fraction,