THE COMMONWEALTH OF MASSACHUSETTS
Division of Banks

GTCR Buyer ABC, LLC, Wilmington, Delaware (GTCR Buyer) and GTCR ABC Merger Sub, Inc., Chicago, Illinois (GTCR Merger Sub), affiliates of GTCR, LLC, have provided notice to the Commissioner of Banks of GTCR Buyer’s intent, pursuant to Massachusetts General Laws chapter 167I, section 14, to purchase all of the issued and outstanding equity interests of FIDUCIARY COMPANY INCORPORATED (FCI), Boston, Massachusetts, the parent company of FIDUCIARY TRUST COMPANY, a Massachusetts-chartered trust company. Under the terms of an Agreement and Plan of Merger, GTCR Buyer will acquire all stock of FCI, FIDUCIARY TRUST COMPANY will remain a wholly-owned subsidiary of FCI, and GTCR Buyer will acquire control of FIDUCIARY TRUST COMPANY as its 100% indirect owner.

Any objections or comments relative to this proposed acquisition must be communicated in writing to the Commissioner of Banks and may be filed by electronic mail to dob.comments@mass.gov prior to the close of business on Friday, February 27, 2026. Written comments may also be mailed to the Division of Banks, One Federal Street, Suite 710, Boston, Massachusetts 02110-2012. A public hearing may be held if the response is considered significant or circumstances warrant such a hearing, as determined by the Commissioner of Banks. The application and all communications relative to the application are available from the Division of Banks by request at dob.rao@mass.gov.

MARY L. GALLAGHER
Commissioner of Banks