Company: TFC
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0001193125-25-055156
Chunk: 12

Company: TRUIST FINANCIAL CORP
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 12
---
 Committee at which the Chair is not present (including executive sessions). |

| 2025 Proxy Statement | |     | 15 |

Proposal 1—Election of Directors Audit Committee

| Dallas S. Clement   Chair     15 Meetings in 2024    Committee Members:     Jennifer S. Banner   Dallas S. Clement   Bruce L. Tanner   Steven C. Voorhees |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | Key Committee Responsibilities: |
|                                                                                                                                                           | •  Assists the Board in its oversight of the integrity of our financial statements and disclosures.   •  Responsible for the appointment, compensation, retention, and oversight of the work of the independent auditor for the purpose of preparing or issuing an audit report or performing other audit, review, or attest services.   •  Preapproves all auditing services and permitted non-audit services to be performed by the independent auditor.   •  Assists the Board in oversight of Truist’s internal control processes.   •  Monitors financial risks and exposures and reviews with management the steps management has taken to monitor, minimize, or control such risks or exposures.   •  Evaluates the qualifications, performance, and independence of the independent auditor, including a review and evaluation of the lead audit partner.   •  Oversees Truist’s internal audit function, including annual review and approval of Audit Services’ performance objectives and annual performance review of Audit Services and the Chief Audit Officer, and receives regular reports from the Chief Audit Officer.   •  Periodically reviews, recommends changes to, and monitors compliance with the Policy and Procedures for Accounting and Legal Violations.   •  Discusses with Truist’s Chief Legal Officer legal matters that may be disclosable or that may have a material impact on Truist.   •  Periodically receives updates from management regarding, and reviews and approves Truist’s disclosure policy for, the regulatory disclosure requirements established by the Basel Committee on Banking Supervision, as implemented by the applicable U.S. banking agencies. |                                 |

Compensation and Human Capital Committee

| Steven C. Voorhees   Chair     10 Meetings in 2024    Commit