Company: FCNCB
Filing Date: 2025-03-18
Form Type: DEF 14A
Source: 0001193125-25-056659
Chunk: 106

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-03-18
Form: DEF 14A
Chunk 106
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 Direct Business Solutions    |     | Son of Hope H. Bryant                              |     |                       |     |   184,612 |
| Lewis R. Holding II   |     | Manager Business Banking Target      |     | Son of Frank B. Holding, Jr.                       |     |                       |     |   202,093 |
| Joseph L. Ward        |     | Commercial Banker                    |     | Brother of our executive officer, Jeffery L. Ward  |     |                       |     |   263,285 |
| Caroline E. Ward      |     | Manager Financial Analysis           |     | Daughter of our executive officer, Jeffery L. Ward |     |                       |     |   160,062 |

| (1) | Amounts reflect aggregate compensation paid to each individual for services during 2024, including salary, incentive and other compensation, and FCB’s contributions to their 401(k) Plan accounts, but excluding other normal benefits provided on the same terms to all associates. |

We believe the terms of each family member’s employment, including compensation, are commensurate with their experience, responsibilities, and performance in their positions, that their incentive opportunities are the same as those provided to other associates in similar positions, and that their employee benefits are the same as those provided on the same terms to all other associates. Each family member’s compensation is set each year through FCB’s normal evaluation and merit increase process. Our Audit Committee reviewed and approved the terms of FCB’s employment relationship (including his or her 2024 compensation) with each individual named or referenced above and will continue to do so annually.

| 76 |     | 2025 Annual Proxy Statement |

Beneficial Ownership of Our Equity Securities BENEFICIAL OWNERSHIP OF OUR EQUITY SECURITIES Directors and Executive Officers The following table describes the beneficial ownership of shares of our voting Class A Common and Class B Common, our nonvoting depositary shares (“Depositary Shares”), each representing a 1/40th interest in a share of our 5.375% Non-CumulativePerpetual Preferred Stock, Series A, and our nonvoting 5.625% Non-CumulativePerpetual Preferred Stock, Series C (“Series C Preferred”), on the Record Date, by our current directors, nominees for election as directors, and our NEOs whose compensation is disclosed in the Summary Compensation Table above, individually, and by all of our current directors and executive officers as a group. We are not