Company: FITBI
Filing Date: 2025-11-05
Form Type: S-4
Source: 0001193125-25-267273
Chunk: 117

Company: FIFTH THIRD BANCORP
Filing Date: 2025-11-05
Form: S-4
Chunk 117
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 Fifth Third voting shareholders will have the opportunity to vote to approve the Fifth Third 
 stock issuance proposal;                                                                                       |

| • |     | the current and prospective business climate in the banking industry, including the position of current and 
 likely competitors of Fifth Third and Comerica;                                                             |

| • |     | the fact that the combined enterprise would continue Fifth Third’s long-standing support of Michigan       
 communities and expand Fifth Third’s support to new communities (including California, Arizona and Texas); |

| • |     | Fifth Third’s past record of risk management and compliance and the Fifth Third board of directors’                                                                                                               
 view of Fifth Third’s preparedness for the transition to Category III status and evaluation of the costs, timeline and other impacts to the combined company as a result of transitioning to Category III status; |

| • |     | its review and discussions with Fifth Third’s executive team concerning the due diligence examination of 
 the operations, financial condition and regulatory compliance programs and prospects of Comerica; and    |

| • |     | its review with its financial advisors of the financial terms of the merger agreement and its review with its                   
 legal advisors of the other terms of the merger agreement, including the representations, covenants and termination provisions. |

The Fifth Third board of directors also considered the potential risks related to the transaction. The board of directors concluded that the anticipated benefits of combining with Comerica were likely to outweigh these risks substantially. These potential risks included:

| • |     | the diversion of management focus and resources from other strategic opportunities and operational matters while 
 working to implement the transaction and integrate Comerica’s business into Fifth Third;                         |

| • |     | the possibility of encountering difficulties in achieving expense synergies in the amounts currently estimated or 
 within the time frame currently contemplated;                                                                     |

| • |     | the costs to be incurred in connection with the mergers and the integration of Comerica’s business into                                                                                            
 Fifth Third, and the possibility that the transaction and the integration may be more difficult and expensive to complete than anticipated, including as a result of unexpected factors or events; |

| • |     | the possibility of encountering difficulties in management and oversight of Comerica’s business and                                                                                                                                                
 operations following the mergers (including as a result of identifying additional operational or compliance issues, cultural differences or challenges in managing new regulatory actions or customer remediation efforts), and the possibility of 
 increased scrutiny by, and/or additional regulatory expectations or requirements of, government and regulatory authorities, as a result of