Company: FITBI
Filing Date: 2025-11-05
Form Type: S-4
Source: 0001193125-25-267273
Chunk: 257

Company: FIFTH THIRD BANCORP
Filing Date: 2025-11-05
Form: S-4
Chunk 257
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1.6. . At and after the Effective Time, each share of Fifth Third Common Stock issued and outstanding
immediately prior to the Effective Time shall remain an issued and outstanding share of common stock of Fifth Third and shall not be affected by the Merger.

1.7. . At and after the Effective Time, each share of Fifth Third Intermediary common stock issued
and outstanding immediately prior to the Effective Time shall remain an issued and outstanding share of common stock of the Surviving Corporation and shall not be affected by the Merger.

1.8. .

(a) . At the Effective Time, each option granted by Comerica to purchase shares of Comerica Common
Stock that is outstanding and unexercised immediately prior to the Effective Time whether or not vested (a “”) shall, automatically and without any action on the part of the holder thereof, be converted into an
option to purchase shares of Fifth Third Common Stock (an “”) adjusted as follows: (i) the number of shares of Fifth Third Common Stock subject to the Assumed Option shall equal the (A) the number of shares
of Comerica Common Stock subject to the Comerica Option immediately prior to the Effective Time multipliedby (B) the Exchange Ratio, with any fractional shares rounded down to the nearest whole share, and (ii) the exercise price
per share of Fifth Third Common Stock subject to the Adjusted Option shall equal (A) the per share exercise price applicable to the corresponding Comerica Option immediately prior to the Effective Time divided by (B) the Exchange
Ratio, rounded up to the nearest whole cent. Each Adjusted Option shall otherwise be subject to the same terms and conditions as applied to the corresponding Comerica Option under the applicable Comerica equity plan and the award agreement
evidencing grant thereunder, including vesting terms and termination protections under the applicable equity plan, including the provisions of Section 10(d) of the Comerica Amended and Restated 2018 Long-Term Incentive Plan (as amended) (the
“”), or any more favorable termination protections under the applicable award agreement.

(b)
. At the Effective Time, each outstanding award of restricted stock units (a “”) that is not a Director RSU Award (as defined below), whether granted prior to or on or after
the date hereof shall, whether vested or unvested, automatically and without any required action on the part of the holder thereof, be converted into a restricted share