Kodak M575 has a
14.0MP 1/2.3-inch (6.17 x 4.55 mm ) sized CCD sensor . On the other hand, Nikon S5300 has a
16.0MP 1/2.3-inch (6.17 x 4.55 mm ) sized CMOS sensor .
Below you can see the M575 and S5300 sensor size comparison.
Kodak M575 and Nikon S5300 have the same sensor sizes so they will provide same level of control over the depth of field when used with same focal length and aperture. On the other hand, since Kodak M575 has 15% larger pixel area compared to Nikon S5300, it has potential to collect more light on pixel level hence have less noise in low light / High ISO images.