Board of Directors

Director Since: 1993

Independent Director: No

Other Current Public Company Directorships: None

PRINCIPAL OCCUPATION

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

• Chairman (2009-present)
• Chief Executive Officer (2008-present)
• 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 38 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.
• Significant personal ownership in the company.

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
• Past 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

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

• Vice Chairwoman (January 2022-present)
• Employed by First-Citizens Bank & Trust Company since 2022

• 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 41 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.

OTHER PROFESSIONAL EXPERIENCE AND COMMUNITY INVOLVEMENT

• Director, Center for Discovery and Partnership for New York City
• Member, Global Board of Advisors of Operation Hope
• Member, Advisory Board of the Mayor’s Fund to Advance New York City
• Member, Board of Trustees for The Conference Board
• Former Director, Automatic Data Processing, Inc

Director Since: 1990

Independent Director: Yes

Other Current Public Company Directorships: None

PRINCIPAL OCCUPATION

• Manager, McKnitt and Associates, LLC (commercial real estate)
• 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. (real estate and other investments)

KEY EXPERIENCE AND QUALIFICATIONS

• Management and financial experience: More than 40 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

• Board of Visitors, Saint Mary’s School
• Chairman and President, North Carolina Museum of History Foundation
• Chairman and President, Ravenscroft 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

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 (2011-present)
• 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 31 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.
• Significant personal ownership in the company.

OTHER PROFESSIONAL EXPERIENCE AND COMMUNITY INVOLVEMENT

• Board of Advisors, YMCA of the Triangle
• Member, President’s Council, 2022 U.S. Women’s Open
• Member, Board of Trustees, 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 (2014-present)
• Employed by First-Citizens Bank & Trust Company since 2014

First Citizens Bancorporation, Inc. and its subsidiary bank

• Executive Vice President and Chief Operating Officer (2001-2014)

KEY EXPERIENCE AND QUALIFICATIONS

• Strong leader with extensive management and financial experience: More than 30 years in the banking industry in various leadership positions.
• Market expertise: Intimate knowledge of First-Citizens Bank & Trust Company’s South Carolina and Georgia banking markets.
• Corporate governance expertise: Service on boards of directors and board committees of not-for-profit entities and foundations.
• Significant family ownership in the company.

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 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

• Visible and active community leader: Extensive community and public leadership experience including as Chairman of the Board of Year Up South Florida, a not-for-profit offering students a pathway to success.
• Management and financial experience: Over 36 years of experience in executive management, finance, asset management and restructurings, as well as expertise in capital markets and capital management.

OTHER PROFESSIONAL EXPERIENCE AND COMMUNITY INVOLVEMENT

• Chairman, Year Up South Florida
• Director, Rewards Network
• Director, Client 4 Life Group
• Director, Validity Capital
• Chairman, Law Finance Group
• Former Director, CIT Group Inc. and subsidiary CIT Bank, N.A.
• Former Board Member, US Stock Exchange
• Former Director, General Signal Corp
• Former Director, Loews Cineplex
• Former Director, New York City Investment Fund
• 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

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

A Cappella Partners

• Managing Partner since 2013

Selby Lane Digital

• Senior Advisor since 2022

Smith Breeden Associates

• President and Chief Executive Officer (2000-2011)

TIAA-CREF

• Executive Vice President (2011-2012)
• Member, CREF Board of Trustees and CREF Mutual Fund Board of Trustees (2004-2011)

Morgan Stanley

• Principal (1987-1999)

Stanford Business School

• Assistant Professor (1982-1987)

KEY EXPERIENCE AND QUALIFICATIONS

• Extensive investment management and financial expertise: 31 years in the asset management industry
• Academic background: Holds a PhD from MIT and 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 of Risk Committee and Member of Audit Committee, Janus Henderson Group plc Board of Directors
• Chairman, Advisory Board, Institute for Global Health and Infectious Diseases, University of North Carolina at Chapel Hill
• Member, Board of Directors, Grubb Properties
• Member, Board of Trustees, Research Corporation for Science Advancement
• Member, Investing Committee, Boston Children's Hospital
• Member, Steering Board, Eshelman Institute
• Member, Advisory Council of the Milken Center for Advancing the American Dream
• Member, Advisory Board of C Street Advisory Group
• Former Trustee, Financial Accounting Foundation
• Former Director, The Foundation of the Carolinas

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

Director Since: 2014

Independent Director: Yes

Other Current Public Company Directorships: None

PRINCIPAL OCCUPATION

• Retired
• Former President and Chief Executive Officer, Santee Electric Cooperative, Inc. (electric power provider)

KEY EXPERIENCE AND QUALIFICATIONS

• Extensive management and business experience: Over 40 years in the electric utilities industry including 16 years as President and Chief Executive Officer of Santee Electric Cooperative, Inc. headquartered in Kingstree, South Carolina.
• Visible and active community leader: Service on boards of directors of not-for-profit entities and foundations.
• Corporate governance experience: Prior service as director and member of the Community Reinvestment Committee for another financial institution.

OTHER PROFESSIONAL EXPERIENCE AND COMMUNITY INVOLVEMENT

• President of the Board, William Penn Harrison Scholarship Fund
• Director, Greater Lake City Alliance
• Board Member, Francis Marion University Development Foundation
• Past Director and Treasurer, Eastern Carolina Community Foundation

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 35 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

• President of the Board, William Penn Harrison Scholarship Fund
• Director, Greater Lake City Alliance
• Board Member, Francis Marion University Development Foundation
• Past Director and Treasurer, Eastern Carolina Community Foundation

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