First Citizens BancShares (FCNCA) AGM 2026 summary

Opening remarks and agenda

• Meeting called to order with introductions of board members, executive management, and guests, including a new board member joining in July 2025.

• Meeting rules, agenda, and order of business were posted online, with instructions for voting and submitting questions.

Board and executive committee updates

• Board set at 12 directors for the coming year, with all current directors nominated for re-election.

• New board member Diane E. Morais joined in July 2025.

Shareholder proposals

• Four proposals presented: election of directors, say-on-pay advisory vote, ratification of KPMG as auditors, and a shareholder proposal on faith-based employee resource groups.

• Shareholder proposal requested a report on faith-based employee resource groups, citing equal treatment and legal trends.

• Board opposed the faith-based resource group proposal, referencing their rationale in the proxy statement.