Company: CMA
Filing Date: 2025-11-25
Form Type: DEFM14A
Source: 0001193125-25-297173
Chunk: 240

Company: COMERICA INC
Filing Date: 2025-11-25
Form: DEFM14A
Chunk 240
---
 preferred stock.

The amounts distributed to holders of new Fifth Third depositary shares will be reduced by any amounts required to be withheld by the
depositary or by Fifth Third on account of taxes or other governmental charges.

Redemption of Depositary Shares

If Fifth Third redeems the new Fifth Third preferred stock represented by the new Fifth Third depositary shares, the new Fifth Third depositary
shares will be redeemed from the proceeds received by the depositary resulting from the redemption of the new Fifth Third preferred stock held by the depositary. The redemption price per new Fifth Third depositary share will be equal to 1/40th of
the redemption price per share payable with respect to the new Fifth Third preferred stock (or $25 per new Fifth Third depositary share), plus any declared and unpaid dividends, without accumulation of any undeclared dividends. Whenever Fifth Third
redeems shares

158

of new Fifth Third preferred stock held by the depositary, the depositary will redeem, as of the same redemption date, the number of new Fifth Third depositary shares representing shares of new
Fifth Third preferred stock so redeemed.

In case of any redemption of less than all of the outstanding new Fifth Third depositary shares,
the new Fifth Third depositary shares to be redeemed will be selected by the depositary pro rata or by lot or in such other manner as Fifth Third may determine to be fair and equitable. In any such case, the depositary will redeem new Fifth Third
depositary shares only in increments of 40 shares and any multiple thereof.

Liquidation Preference

In the event that Fifth Third liquidates, dissolves or winds-up Fifth Third’s business
and affairs, either voluntarily or involuntarily, each holder of a new Fifth Third depositary share will be entitled to receive a liquidation distribution of $25 per new Fifth Third depositary share, plus any declared and unpaid dividends, without
accumulation of any undeclared dividends, before Fifth Third makes any distribution of assets to the holders of Fifth Third’s common stock or any other class or series of stock ranking junior to the new Fifth Third preferred stock as to that
distribution.

Voting the New Fifth Third Preferred Stock

When the depositary receives notice of any meeting at which the holders of the new Fifth Third preferred stock are entitled to vote, the
depositary will mail (or otherwise transmit by an authorized method) the information contained in the notice to the record holders of the new Fifth Third depositary shares representing the new Fifth Third preferred stock. Each record holder