Company: CMA
Filing Date: 2025-11-25
Form Type: DEFM14A
Source: 0001193125-25-297173
Chunk: 44

Company: COMERICA INC
Filing Date: 2025-11-25
Form: DEFM14A
Chunk 44
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 discussed in this joint proxy statement/prospectus. You should therefore consult with your own tax advisor for a full understanding of the tax
consequences to you of the first merger.

For a more complete discussion of the material U.S. federal income tax consequences of the first merger, as
applicable, see the section entitled “Material U.S. Federal Income Tax Consequences of the First Merger” beginning on page 137.

Fifth Third’s Reasons for the Mergers; Recommendation of Fifth Third’s Board of Directors (page 79)

The Fifth Third board of directors has determined that the merger agreement and the transactions contemplated thereby, including the mergers, the bank mergers
and the Fifth Third stock issuance, are advisable and in the best interests of Fifth Third and its shareholders and has unanimously approved the merger agreement and the transactions contemplated thereby, including the mergers, the bank mergers and
the Fifth Third stock issuance. The Fifth Third board of directors unanimously recommends that the Fifth Third voting shareholders vote “FOR” the approval of the Fifth Third stock issuance proposal and “FOR” the other
proposals presented at the Fifth Third special meeting. For a more detailed discussion of the Fifth Third board of directors’ recommendation, see “The Mergers-Fifth Third Reasons for the Mergers; Recommendation of Fifth Third’s Board of Directors” beginning on page 79.

Comerica’s Reasons for the Mergers; Recommendation of Comerica’s Board of Directors (page 83)

The Comerica board of directors has determined that the mergers, the merger agreement and the other
transactions contemplated by the merger agreement are advisable and in the best interests of Comerica and its stockholders and has unanimously approved and adopted the merger agreement, the mergers and the other transactions contemplated by the
merger agreement. The Comerica board of directors unanimously recommends that holders of Comerica common stock vote “FOR” the adoption of the merger agreement and “FOR” the other proposals presented at the Comerica special
meeting. For a more detailed discussion of the Comerica board of directors’ recommendation and Comerica’s reasons, see “The Mergers – Comerica’s Reasons for the Mergers; Recommendation of Comerica’s Board of Directors” beginning on page 83.

Opinion of Fifth Third’s Financial Advisor (page 87)

At a meeting of the Fifth Third board of directors, Goldman Sachs & Co. LLC (“Goldman Sachs”) rendered its oral opinion,