Company: FITBI
Filing Date: 2025-03-04
Form Type: DEF 14A
Source: 0001193125-25-045653
Chunk: 41

Company: FIFTH THIRD BANCORP
Filing Date: 2025-03-04
Form: DEF 14A
Chunk 41
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 serving our customers, employees, and communities. Pages 4 and 10 provide the detailed progress on all priorities. |
| Loan to Deposit                                       |     | The full year Loan to Deposit ratio was 72% versus a target range of 71% - 75%.                                                                                                             |

Determination of VCP Awards. Based on the 2024 performance results described above and prior to the application of any funding modifiers, the calculated pool funding level of 103% of target was achieved as shown below:

| Bancorp Funding Metrics |     | Threshold |       |   |     | Target |       |   |     | Maximum |       |   |     | 2024 VCP Adjusted Actual |       |   |     | Funding |     |   |     | Funding Weight |    |   |     | Funding Level |     |   |
| Earnings Per Share      |     |           | $2.59 |   |     |        | $3.24 |   |     |         | $3.73 |   |     |                          | $3.27 |   |     |         | 106 | % |     |                | 50 | % |     |               |  53 | % |
| Return on Assets        |     |           |  0.90 | % |     |        |  1.12 | % |     |         |  1.29 | % |     |                          |  1.13 | % |     |         | 106 | % |     |                | 25 | % |     |               |  26 | % |
| Efficiency Ratio        |     |           |  62.8 | % |     |        |  57.1 | % |     |         |  54.2 | % |     |                          |  57.5 | % |     |         |  97 | % |     |                | 25 | % |     |               |  24 | % |
| Total Funding           |     |           |       |   |     |        |       |   |     |         |       |   |     |                          |       |   |     |         |     |   |     |                |    |   |     |               | 103 | % |

After consideration of the funding modifier performance, the Committee approved an additional four funding points. In reviewing the modifiers, the committee believed the adjustment was appropriate given the Company’s performance