Company: CMA
Filing Date: 2025-11-25
Form Type: DEFM14A
Source: 0001193125-25-297173
Chunk: 166

Company: COMERICA INC
Filing Date: 2025-11-25
Form: DEFM14A
Chunk 166
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 Date in respect of their Comerica equity awards that are unvested and outstanding on such date, see the section entitled “— Quantification of Potential Payments and Benefits to Comerica’s Named Executive Officers in Connection with the Mergers” below. The estimated aggregate value of the unvested Comerica equity awards (along with accrued but unpaid dividend equivalents) held by the thirteen executive officers who are not named executive officers is $23,347,822 (the value of Comerica PSU Awards were calculated assuming that actual performance is equal to target performance for purposes of this quantification). All Comerica equity awards granted to its non-employeedirectors are fully vested upon grant. Change-in-ControlAgreements Comerica has entered into a change in control agreement (a “CIC Agreement”) with each of its executive officers. Under the CIC Agreements, each Comerica executive officer will be eligible for the following change-in-controlseverance benefits if the executive officer’s employment is terminated by Comerica without cause or by the executive officer for good reason (each as defined in the applicable CIC Agreement) within 30 months following a change in control:

| • |     | a prorated bonus based on the highest annual bonus earned during any of the last three fiscal years prior to the                                                                                                                         
 change in control or the most recently completed fiscal year following the change in control (the “highest annual bonus,” which for purposes hereof is assumed to be the bonus paid to each executive officer for the 2024 fiscal year); |

| • |     | a lump sum cash payment equal to three times (two times for Wendy W. Bridges, Larry E. Franco, Bruce Mitchell and 
 James H. Weber) the sum of the executive officer’s base salary plus the highest annual bonus;                     |

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| • |     | a lump sum cash payment equal to the excess of: (i) the actuarial equivalent of the retirement benefits the                                                                                                                               
 executive officer would receive under Comerica’s qualified and excess defined benefit plans, had they continued employment for three years (two years for Wendy W. Bridges, Larry E. Franco, Bruce Mitchell and James H. Weber) following 
 termination, over (ii) the actuarial equivalent of the executive officer’s accrued benefits under such plans as of the termination date;                                                                                                  |

| • |     | continued medical, dental, and life insurance benefits for three years (two years for Wendy W. Bridges, Larry E