FCNCP First Citizens BancShares Inc

LIMITED POWER OF ATTORNEY

 

KNOW ALL MEN BY THESE PRESENTS, that the undersigned hereby constitutes and

appoints each of MATTHEW G. T. MARTIN, ROBERT G. SCHAAF, JONATHAN D. PEVEY, JULIE L. HOBBS, WILLIAM R. LATHAN,

JR., E. KNOX PROCTOR V AND BRIAN T. ATKINSON, or either of them, or any substitute

appointed by either of them, jointly and severally, as the undersigned's true

and lawful attorney-in-fact to:

 

(1) prepare, execute and submit to the Securities and Exchange Commission (the

"SEC"), in the name and on behalf of the undersigned, a Form ID, including

any amendments thereto, and any other documents necessary or appropriate, to

obtain codes and passwords enabling the undersigned to make electronic

filings with the SEC of reports required by Section 16(a) of the Securities

Exchange Act of 1934 (the "Exchange Act") or any other section of the

Exchange Act or rule or regulation of the SEC.

 

(2) prepare, execute and file with the SEC, in the name and on behalf of the

undersigned in the undersigned's capacity as an officer, director and/or

principal shareholder of First Citizens BancShares, Inc. (the "Corporation"),

any and all Forms 3, 4 and 5, and any amendments thereto, in accordance with

Section 16(a) of the Exchange Act, and the rules thereunder, and any other

forms or reports the undersigned may be required to file pursuant to the

Exchange Act and rules thereunder (including Schedules 13D and 13G and

amendments thereto), pertaining to the undersigned's beneficial ownership of

shares of the Corporation's equity securities and any acquisition or

dispositions, or other changes in the undersigned's beneficial ownership, of

such equity securities;

 

(3) do and perform any and all acts for and on behalf of the undersigned which

may be necessary or desirable to complete and execute any such Form 3, 4 and

5 or other form or report, or any amendments thereto, and timely file the

same with the SEC and any stock exchange or similar authority; and

 

(4) take any other action of any type whatsoever in connection with the foregoing

which, in the opinion of either such attorney-in-fact, may be of benefit to,

in the best interest of, or legally required to be done by, the undersigned,

it being understood that the documents executed by either such

attorney-in-fact on behalf of the undersigned pursuant to this Power of

Attorney shall be in such form and shall contain such terms and conditions as

such attorney-in-fact may approve in such attorney-in-fact's discretion.

 

The undersigned hereby grants to each such attorney-in-fact, acting

individually or jointly with each other, full power and authority to do and

perform any and every act and thing whatsoever required, necessary, or proper to

be done in the exercise of any of the rights and powers herein granted, as fully

to all intents and purposes as the undersigned might or could do if personally

present, with full power of substitution or revocation, and the undersigned

hereby ratifies and confirms all that such attorney-in-fact, or such

attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be

done by virtue of this power of attorney and the powers herein granted. The

undersigned acknowledges that the foregoing attorneys-in-fact, are serving in

such capacity at the request of the undersigned and are not assuming, nor is the

Corporation assuming, any of the undersigned's responsibilities to comply with

and to file forms or other reports such information as is required by Section

16(a) or any other section of the Exchange Act or any rule or regulation

thereunder.

 

This Power of Attorney shall remain in full force and effect until the

undersigned is no longer required to file Forms 3, 4 and 5, Schedules 13D and

13G, or other forms or reports, with respect to the undersigned's holdings of

and transactions in securities issued by the Corporation, unless earlier revoked

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by the undersigned in a signed writing delivered to the foregoing

attorneys-in-fact.

 

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to

be executed as of this 8 day of January, 2024.

 

 

/s/Gregory L. Smith (SEAL)

Gregory L. Smith (Print Name)

 

 

Wake County, North Carolina

I certify that the following person personally appeared before me this day, acknowledging to me that he/she signed the foregoing document: Gregory L. Smith

 

 

 

Date: January 8, 2024 Notary Public: /s/Hong CUC N. Lyttle

 

 

 

My Commission Expires: (Official Seal)

December 12, 2028

 

 

 

 

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