Company: TFC
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0000092230-25-000020
Chunk: 71

Company: TRUIST FINANCIAL CORP
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1
Chunk 71
---
 teammate is respected, everyone matters and has a voice, and everyone feels welcome and empowered to make meaningful contributions. Collectively, this approach helps us to be competitive in meeting the needs of our clients and communities.

The following table presents a summary of teammate statistics as of December 31, 2023, using the category classifications on the U.S. Equal Employment Opportunity Commission’s EEO-1 report, which differ from those recognized internally by Truist.Table 4: Teammate Composition(1)GenderRace / EthnicityFemaleMaleCaucasianBlack/African AmericanHispanic or LatinoAsianAmerican Indian/Alaska NativeNative Hawaiian/Other Pacific IslanderTwo or More RacesExecutive management & senior leaders27.8 %72.2 %81.2 %9.0 %3.8 %4.6 %0.3 %— %1.1 %First / mid-level managers53.9 46.1 69.0 14.1 8.0 6.5 0.4 0.1 1.9 Professionals48.9 51.1 65.1 15.6 6.3 10.5 0.5 0.2 1.8 All others75.4 24.6 54.3 23.2 14.5 4.0 0.8 0.3 2.9 All teammates62.7 37.3 60.5 19.1 10.6 6.6 0.6 0.2 2.4 

(1)Source: EEO-1 data as of December 31, 2023. All others include sales workers and administrative support EEO-1 job categories. Includes TIH teammates.

Talent Practices

Truist utilizes a suite of talent practices providing insight into the state of our talent. Talent practices underpin and strengthen executive leader decisions, which are informed by data and insights. These practices include:

•Performance management - goal planning, feedback, check-ins, and performance evaluation.

•Succession planning - tools that identify potential interim, near- and longer-term internal successors designed to allow for optionality and business continuity.

•Talent assessment - manager evaluation of the forward-looking potential of eligible teammates through the lens of their ability, agility, and aspiration as well as consideration of retention risk.

•Progression planning - helps teammates