Fifth Third Bancorp to redeem Series L Preferred Stock; Q3 charge ~$3.5M

FIFTH THIRD BANCORP

Redemption of all Series L Preferred Stock and related Depositary Shares on September 30, 2025.
Redemption price: $25,000 per share for Series L Preferred; $1,000 per Depositary Share plus unpaid dividends.
Q3 2025 net income reduced by ~$3.5M as incremental preferred dividend expense.
After redemption, no Series L shares or Depositary Shares remain outstanding.

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