Company: FCNCB
Filing Date: 2025-09-02
Form Type: 424B5
Source: 0001193125-25-193496
Chunk: 49

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-09-02
Form: 424B5
Chunk 49
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 |     | either (a) provides its name and address, and certifies, under penalties of perjury, that it is not a U.S.                                                           
 person as defined under the Code, which certification may be made on an IRS Form W-8BEN, W -8BEN-E or other appropriate form, or (b) holds its Notes through various 
 foreign intermediaries and satisfies the certification requirements of applicable U.S. Treasury regulations.                                                         |

Special certification and other rules apply to certain non-U.S.holders that are entities rather than individuals, particularly entities treated as partnerships for U.S. federal income tax purposes and certain other flow through entities, and to non-U.S.holders acting as (or holding Notes through) intermediaries. If the portfolio interest exemption does not apply, payments of interest will be subject to U.S. federal withholding tax at a 30% tax rate, unless the non-U.S.holder provides us with a properly executed: (1) IRS Form S-29

W-8BEN, W-8BEN-E or other appropriate form, claiming an exemption from or
reduction in withholding under the benefit of an income tax treaty or (2) IRS Form W-8ECI, or successor form, stating that interest paid on the Note is not subject to withholding tax because it is
effectively connected with its conduct of a trade or business in the United States.

If a non-U.S.
holder is engaged in a trade or business in the United States and interest on a Note is effectively connected with the conduct of that trade or business (and, if required under an applicable income tax treaty, is attributable to a U.S. permanent
establishment or fixed base maintained by the non-U.S. holder), such non-U.S. holder (although exempt from U.S. federal withholding tax at the 30% tax rate) will be
subject to U.S. federal income tax on that interest on a net income basis in the same manner as if the non-U.S. holder were a U.S. holder. In addition, if such non-U.S.
holder is a foreign corporation, it may be subject to a branch profits tax equal to 30% of “effectively connected earnings and profits,” as determined under the Code, for the taxable year. However, any branch profits tax that would
otherwise apply may not apply, or may apply at a reduced rate, under an applicable income tax treaty.

Disposition of Notes.Subject to the discussions below under “—Backup With