X0306 4 2022-01-03 1 0001171825 CIT GROUP INC CIT 0001690454 BROSNAN MICHAEL L. C/O CIT GROUP INC. 340 MOUNT KEMBLE AVENUE, SUITE 100 MORRISTOWN NJ 07960 1 Common Stock 2022-01-03 4 D 0 22039.571 D 0 D Restricted Stock Units 2022-01-03 4 D 0 2752.114 D Common Stock 2752.114 0 D Pursuant to the Agreement and Plan of Merger, dated October 15, 2020, by and among CIT Group Inc. ("CIT"), First Citizens BancShares, Inc. ("BancShares"), First-Citizens Bank & Trust Company, and FC Merger Subsidiary IX, Inc. (as amended from time to time, the "Merger Agreement"), a transaction exempt under Rule 16b-3, each issued and outstanding share of common stock, par value $0.01 per share, of CIT ("CIT Common Stock") was converted into 0.06200 (the "Exchange Ratio") shares of Class A common stock, par value $1.00 per share, of BancShares (the "BancShares Class A Common Stock"). On December 31, 2021 (the business day prior to the merger), the closing price of one share of CIT Common Stock was $51.34. Each CIT RSU had the economic equivalent of one share of CIT Common Stock. For Mr. Brosnan, pursuant to the Merger Agreement, a transaction exempt under Rule 16b-3, the unvested restricted stock units in respect of shares of CIT Common Stock (the " CIT RSUs") (not subject to deferral) automatically vested upon the effective time and were converted into 170 shares of BancShares Class A Common Stock as multiplied by the Exchange Ratio less fractional shares paid in cash. /s/ James P. Shanahan, attorney-in-fact for Mr. Brosnan 2022-01-05