Board of Directors

Director Since: 1993

Independent Director: No

Other Current Public Company Directorships: flyExclusive, Inc.

PRINCIPAL OCCUPATION

First Citizens BancShares, Inc. and First-Citizens Bank & Trust Company

• Chairman (since 2009)
• Chief Executive Officer (since 2008)
• President (1994-2009)
• Employed by First-Citizens Bank & Trust Company since 1983

KEY EXPERIENCE AND QUALIFICATIONS

• Strong leader with extensive management and financial experience: Over 39 years of experience with First-Citizens Bank & Trust Company. Has an intimate knowledge of our business and its culture, values, goals, and strategic operations.
• Visible and active community leader: Service on boards of directors and board committees of not-for-profit entities and foundations.
• Corporate governance expertise: Extensive public and business leadership experience including serving as a director and member of various committees of other public and non-public companies.

OTHER PROFESSIONAL EXPERIENCE AND COMMUNITY INVOLVEMENT

• Member, Advisory Board, Duke Energy Corporation
• Chairman, Board of Trustees, Blue Cross and Blue Shield of North Carolina
• Director, Global Transpark Foundation
• Director, Mount Olive Pickle Company
• Trustee, Wake Forest University
• Past Director (former Chairman), North Carolina Chamber Foundation
• Past Director (former Chairman), North Carolina Chamber of Commerce
• Past Vice Chairman and Director, Institute for Defense and Business

Director Since: 2022

Independent Director: No

Other Current Public Company Directorships: Fidelity National Information Services, Inc. and Dun & Bradstreet Holdings, Inc.

PRINCIPAL OCCUPATION

Retired, First Citizens BancShares, Inc. and First-Citizens Bank & Trust Company

• Special Advisor to our Chairman and CEO (January 2023 through December 2023)
• Former Vice Chairwoman (January 2022 through December 2022)
• Employed by FCB from January 2022 to January 2024

• Chairwoman and Chief Executive Officer (2016-2022)
• Director, CIT Group Inc. (2014-2022)

• Head of management structure that oversees Royal Bank of Scotland’s American business (2007-2013)

• Chief Executive Officer and Chairwoman (2008-2013)

• Chief Executive Officer, Global Transaction Services (2006-2007)
• Executive Vice President, Commercial Business Group (2003-2006)
• President and Chief Executive Officer, CitiCapital (2001-2006)

KEY EXPERIENCE AND QUALIFICATIONS

• Visible and active community leader: Extensive community and public leadership experience, including as a member of the Global Board of Advisors of Operation Hope.
• Management and financial experience: Over 45 years of management experience in banking and financial services, including chief executive experience with a large, multinational commercial bank, as well as global financial management and regulatory experience.
• Corporate governance expertise: Service on boards of directors and board committees of public companies and large nonprofits. Served on the Federal Reserve’s Federal Advisory Council.

OTHER PROFESSIONAL EXPERIENCE AND COMMUNITY INVOLVEMENT

• Director, Center for Discovery and Partnership for New York City
• Member, Board of Trustees for The Conference Board
• Director, Fidelity National Information Services, Inc.
• Director, Dun & Bradstreet Holdings, Inc.

Director Since: 1990

Independent Director: Yes

Other Current Public Company Directorships: None

PRINCIPAL OCCUPATION

• Former Chairman and Chief Executive Officer, Cardinal International Trucks, Inc. (truck dealer)

KEY EXPERIENCE AND QUALIFICATIONS

• Visible and active community leader: Extensive community and public leadership experience includes service as a member of the North Carolina State Senate.
• Management and financial experience: More than 50 years in managing and operating a successful truck dealership.
• Corporate governance expertise: Service on boards of directors and board committees of not-for-profit entities and foundations.

OTHER PROFESSIONAL EXPERIENCE AND COMMUNITY INVOLVEMENT

• Former member, North Carolina State Senate
• Member, Board of Trustees, YMCA of the Triangle

Director Since: 2002

Independent Director: Yes

Other Current Public Company Directorships: None

PRINCIPAL OCCUPATION

• Chairman and President, Marjan, Ltd.

KEY EXPERIENCE AND QUALIFICATIONS

• Management and financial experience: More than 42 years managing, operating, and growing a family-owned real estate and investment business.
• Market expertise: Familiarity with real estate, real estate-related investment, the medical community, and area universities.
• Corporate governance expertise: Service on boards of directors and board committees of not-for-profit entities and foundations.

OTHER PROFESSIONAL EXPERIENCE AND COMMUNITY INVOLVEMENT

• Chairman and President, North Carolina Museum of History Foundation
• Chairman and President, Ravenscroft School Foundation
• Vice Chairman, A. E. Finley Foundation
• Member, Board of Trustees, YMCA of the Triangle
• Chairman and President, White Memorial Presbyterian Church Foundation
• Past Member, Board of Visitors, UNC Lineberger Comprehensive Cancer Center
• Past Member, Board of Visitors, Saint Mary’s School
• Past Trustee, North Carolina Retirement Systems division of the Department of State Treasurer

Director Since: 2006

Independent Director: No

Other Current Public Company Directorships: None

PRINCIPAL OCCUPATION

First Citizens BancShares, Inc. and First-Citizens Bank & Trust Company

• Vice Chairwoman (since 2011)
• Executive Vice President (2002-2011)
• Employed by First-Citizens Bank & Trust Company since 1986

KEY EXPERIENCE AND QUALIFICATIONS

• Strong leader with extensive management and financial experience: Over 35 years of experience with First-Citizens Bank & Trust Company’s, including managing expansion into new markets and as President of our former subsidiary, IronStone Bank.
• Visible and active community leader: Extensive community and industry leadership experience, including past service on the board of directors of the North Carolina Bankers Association.
• Corporate governance expertise: Service on boards of directors and board committees of not-for-profit entities and foundations and non-public community financial institutions.
• Other Financial Institution Experience: Serves as a director of Southern BancShares (N.C.), Inc., and Fidelity BancShares (N.C.), Inc., and their respective bank subsidiaries.

OTHER PROFESSIONAL EXPERIENCE AND COMMUNITY INVOLVEMENT

• Board of Advisors, YMCA of the Triangle
• Member, Ambassador’s Committee, 2022 U.S. Women’s Open
• Member, Board of Trustees and Chair of Finance Committee, Woodberry Forest School
• Past Member, Ravenscroft School Advisory Board
• Past Director, North Carolina Bankers Association

Director Since: 2014

Independent Director: No

Other Current Public Company Directorships: None

PRINCIPAL OCCUPATION

First Citizens BancShares, Inc. and First-Citizens Bank & Trust Company

• President (since 2014)
• Employed by First-Citizens Bank & Trust Company since 2014

First Citizens Bancorporation, Inc. and its subsidiary bank First CitizensBank and Trust Company, Inc.

• President and Chief Operating Officer (2001-2014)

KEY EXPERIENCE AND QUALIFICATIONS

• Strong leader with extensive management and financial experience: More than 31 years in the banking industry in retail, wealth management, commercial and small business banking lines
• Market and Operations Expertise: Intimate knowledge of FCB’s South Carolina and Georgia banking markets and operations including Information Technology, Commercial and Retail Credit and Corporate Real Estate.
• Corporate governance expertise: Service on boards of directors and board committees of not-for-profit entities and foundations.

OTHER PROFESSIONAL EXPERIENCE AND COMMUNITY INVOLVEMENT

• Director, North Carolina Community Foundation
• Member, Board of Trustees, Saint Mary’s School
• Director, North Carolina Museum of Art Foundation

Director Since: 2022

Independent Director: Yes

Other Current Public Company Directorships: AutoWeb, Inc. and Symbotic, Inc. (formerly SVF Investment Corp 3)

PRINCIPAL OCCUPATION

Retired banking executive

Ally Financial, Inc.

• Chief Executive Officer and Director (2009-2015)

CitiGroup (1998-2006)

• Chairman and Chief Executive Officer, Citigroup Alternative Investments (2002-2006)
• Chairman and Chief Executive Officer, Citigroup’s Global Corporate and Investment Bank (1998-2002)

KEY EXPERIENCE AND QUALIFICATIONS

• Management and financial experience: Nearly 40 years of executive leadership, including turnarounds and mergers and acquisitions, in a wide range of financial services businesses including global commercial and investment banking, capital markets, insurance, wealth and asset management, specialty lending, and venture capital.
• Visible and active community leader: Extensive community and public leadership experience including as Chairman of the Pearce Foundation, Board Member of the Sutton Trust, former Chairman of Year Up South Florida, and former Director of the New York City Investment Fund.

OTHER PROFESSIONAL EXPERIENCE AND COMMUNITY INVOLVEMENT

• Director, Rewards Network
• Director, Validity Capital
• Director, Battea, Inc.
• Chairman, Law Finance Group
• Former Director, CIT Group Inc. and subsidiary CIT Bank, N.A.
• Former Board Member, New York Stock Exchange
• Former Director, General Signal Corp
• Former Director, Loews Cineplex
• Former Director, US Retirement Partners

Director Since: 2003

Independent Director: Yes

Other Current Public Company Directorships: None

PRINCIPAL OCCUPATION

• Retired Certified Public Accountant
• Former partner, PricewaterhouseCoopers LLP
• Market and Regional Managing Partner
• National Leader of a practice line of business

KEY EXPERIENCE AND QUALIFICATIONS

• Extensive financial and accounting experience: 32 years in public accounting with a significant portion dedicated to bank and public company clients.
• Corporate governance experience: Has served as director, chairman of the audit committee, chairman of the nominations and corporate governance committee, member of the compensation committee and lead independent director of another public financial services company.

OTHER PROFESSIONAL EXPERIENCE AND COMMUNITY INVOLVEMENT

• Past Director, Charlotte Regional Sports Commission
• Past Member, North Carolina Innovation Council

Director Since: 2023

Independent Director: Yes

Other Current Public Company Directorships: Janus Henderson Group plc

PRINCIPAL OCCUPATION

• Managing Partner, A Cappella Partners (family office focused on business, for profit and not-for-profit board activity, community services and philanthropic efforts) (since 2013)
• Senior Advisor, 33 Capital Management, LTD (investment adviser in family office)(since 2023)
• Managing Partner, Flood Mason Holdings (consulting and investment platform)(since 2023)
• Director, Chairman of Risk Committee and Member of Human Capital and Compensation Committee of Janus Henderson Group plc Board of Directors (since 2017)
• Director, Grubb Properties (real estate investment manager) (since 2022)
• Member, Advisory Board of C Street Advisory Group (since 2022)
• President and Chief Executive Officer, Smith Breeden Associates (asset management firm) (2000-2011)
• TIAA-CREF (asset management and retirement planning firm)
• Executive Vice President (2011-2012)
• Member, CREF Board of Trustees and CREF Mutual Fund Board of Trustees (2004-2011)
• Morgan Stanley (investment banking and financial services firm) (1987-1999)
• Assistant Professor of Finance, Stanford Business School (1982-1987)

KEY EXPERIENCE AND QUALIFICATIONS

• Extensive investment management and financial expertise: 35 years in the financial service and asset management industries.
• Academic background: With a PhD from MIT, has an academic background in economics, which enables him to provide valuable insights on global macroeconomic trends, business strategy, business expansion and financial matters.
• Corporate governance: Service on board of directors and its committees for a publicly traded company; prior board of trustees experience for large organization; service on nonprofit advisory and foundation boards.

OTHER PROFESSIONAL EXPERIENCE AND COMMUNITY INVOLVEMENT

• Chairman, Advisory Board, Institute for Global Health and Infectious Diseases, University of North Carolina at Chapel Hill
• Member, Board of Trustees, Research Corporation for Science Advancement
• Member, Investment Committee, Boston Children’s Hospital
• Member, Advisory Council of the Milken Center for Advancing the American Dream
• Former Trustee, Financial Accounting Foundation
• Former Director, The Foundation of the Carolinas
• Former Member, Steering Board, Eshelman Institute

Director Since: 2014

Independent Director: Yes

Other Current Public Company Directorships: None

PRINCIPAL OCCUPATION

• Retired Certified Public Accountant
• Former partner, PricewaterhouseCoopers LLP

KEY EXPERIENCE AND QUALIFICATIONS

• Extensive financial and accounting experience: 34 years in public accounting serving clients in the public, private, nonprofit, and governmental sectors and industries, including manufacturing, healthcare, distribution, utilities and smaller financial service clients.
• Corporate governance experience: Prior service as director and vice chairman of the audit and risk committees for another financial institution. Active in civic and professional organizations throughout his career.

OTHER PROFESSIONAL EXPERIENCE AND COMMUNITY INVOLVEMENT

• Director (past Chairman), Salvation Army of Greater Charlotte
• Former director of First Citizens Bancoporation, Inc. and First Citizens Bank and Trust Company, Inc., Columbia, S.C.

Director Since: 2024

Independent Director: Yes

Other Current Public Company Directorships: None

PRINCIPAL OCCUPATION

Retired legal counsel

Bank of America (2016–2022)

• Global General Counsel (2016–2021)
• Vice Chair (2021–2022)

Ford Motor Company

• Group Vice President and General Counsel (2005–2015)

Executive Office of the President, The White House

• Deputy Assistant to the President and Deputy Counsel (2002–2005)

Federal Aviation Administration

• Chief Counsel (2001–2002)

Hogan & Hartson L.L.P. (now Hogan Lovells US LLP) (1987–1990; 1993–2001)

• Associate (1987–1990)
• Counsel (1993)
• Partner (1994–2001)

KEY EXPERIENCES AND QUALIFICATIONS

• Extensive management and business experience: Over 35 years legal experience, 6 years at a large financial institution, overseeing the company’s legal functions and relationships with regulatory and law enforcement authorities around the world.
• Visible and active community leader: Championed pro bono service by bank attorneys, including co-founding the Charlotte Triage project, which supports Legal Aid of North Carolina-Charlotte and the Charlotte Center for Legal Advocacy.
• Corporate Governance Experience: Extensive corporate governance experience, having served as chief legal advisor to boards of directors and senior management for over 17 years; served as co-chair of Disclosure Committee for Ford Motor Company; and on various non-profit and public company boards.
• Regulatory and Governmental Experience: Significant experience in regulatory and governmental roles, including as Chief Counsel at the Federal Aviation Administration and Deputy Counsel to the President of the United States.

OTHER PROFESSIONAL EXPERIENCE AND COMMUNITY INVOLVEMENT

• Member, American Law Institute
• Member, Association of General Counsel
• Member, Virginia State Bar
• Member, District of Columbia Bar
• Member, Michigan State Bar
• Member, Bar of U.S. Supreme Court and various federal circuit and district courts
• Member, Fourth Circuit Judicial Conference
• Member, Executive Committee of United States Golf Association
• Former Director, Talmer Bank (now a part of Huntington Bank)

Director Since: 2007

Independent Director: Yes

Other Current Public Company Directorships: None

PRINCIPAL OCCUPATION

• Chairman and Chief Executive Officer, Robert E. Mason and Associates, Inc. (industrial automation and engineering services)

KEY EXPERIENCE AND QUALIFICATIONS

• Extensive management and business experience: Over 36 years of experience in managing, operating, and growing a successful industrial automation and engineering services business with a national and international business perspective.
• Corporate governance experience: Service on boards of directors and board committees of not-for-profit entities and foundations.

OTHER PROFESSIONAL EXPERIENCE AND COMMUNITY INVOLVEMENT

• Board Member, Crosland Foundation
• Past Member, Board of Trustees, Episcopal High School, Alexandria, VA
• Former Member, Advisory Board of UNC Charlotte Lee College of Engineering

Director Since: 2002

Independent Director: Yes

Other Current Public Company Directorships: None

PRINCIPAL OCCUPATION

• Former President and owner and current employee, Newcomb and Company (mechanical contractors)

KEY EXPERIENCE AND QUALIFICATIONS

• Extensive management and business experience: Over 32 years of experience in managing, operating and growing a successful mechanical contracting company.
• Corporate governance experience: Service on boards of directors and board committees of not-for-profit entities.

OTHER PROFESSIONAL EXPERIENCE AND COMMUNITY INVOLVEMENT

• Director, Raleigh Cemetery Association (Oakwood Cemetery)
• Member, Board of Trustees (former Annual Campaign Chair), YMCA of the Triangle