Company: CMA
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0000028412-25-000135
Chunk: 60

Company: COMERICA INC
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 60
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 award components for risk-taking employees that involve management discretion for a robust review of incentive plans under our guidelines. In addition, a management leadership group identifies risks throughout the organization which could have a significant impact on incentives and reports to senior management for its consideration. Each of these processes promotes our comprehensive incentive evaluation.

• By subjecting incentive compensation to clawback policies and forfeiture provisions (explained more fully above).

• By using risk-adjusted performance measures . We use executive incentive performance metrics designed to be closely correlated to long-term Comerica common shareholder return; as a result, these include an inherent and important risk focus. We also use risk adjustment tools (such as profitability measures, risk ratings, probability of default, etc.) in addition to strategic goals in our incentives. We generally reserve the right to cancel or reduce funding for unforeseen events that significantly impact the business line’s or Comerica’s results.

• By monitoring risk outcomes in the marketplace . We monitor other financial institutions' risk management and results. As we identify issues potentially relevant to us, we review our practices and controls for similar issues.

• By promoting a culture averse to aggressive sales practices . We use a variety of means, including incentive plan design and operation, managerial practices, sales goals, and performance metrics to encourage the development and maintenance of customer relationships.

We are also subject to a continuing regulatory review of incentive compensation policies and practices by the Federal Reserve Board, the Federal Reserve Bank of Dallas and the Texas Department of Banking. We carefully consider the results of any such reviews.

Based on the factors identified above, our management determined that risks arising from Comerica’s employee compensation plans are not reasonably likely to have a material adverse effect on Comerica, and so informed the Committee. The Committee and management will continue to regularly review our plans and procedures, monitor best practices, and comply with laws and regulations for sound incentive compensation.

| 64 |     | COMERICA INC.                                                               
 PROPOSAL 3: NON-BINDING, ADVISORY PROPOSAL APPROVING EXECUTIVE COMPENSATION |

Governance, Compensation and Nominating Committee Report

The information contained in the Governance, Compensation and Nominating Committee Report (this "Committee Report") is not deemed to be soliciting material or to be filed for purposes of the Exchange Act. This Committee Report also shall not be deemed incorporated by reference by any general statement incorporating the document by reference into any filing under the Securities Act or the Exchange Act, except to the extent that Comerica specifically incorporates such