Company: TFC
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0001193125-25-055156
Chunk: 22

Company: TRUIST FINANCIAL CORP
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 22
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 Dallas S. Clement, Bruce L. Tanner, and Steven C. Voorhees meet the requirements of an “audit committee financial expert” as defined by the SEC. For more details on our independence requirements, see our Corporate Governance Guidelines, which can be found on the Investor Relations page of our website at https://ir.truist.comunder “Governance & Responsibility”—“Corporate Governance.” CHANGES TO JOB RESPONSIBILITIES OR POSITION If a director changes his or her principal employment activity, position, or responsibility, he or she must notify the Chairman of the Board and the Chair of the Nominating and Governance Committee of such change and offer his or her resignation from the Board. Prior to the resignation becoming effective, the Board, through the Nominating and Governance Committee, will review any such change and determine the appropriateness of the director’s continued membership on the Board. SERVICE ON OTHER BOARDS A director must advise the Chairman of the Board and the Chair of the Nominating and Governance Committee before accepting an invitation to serve on another public or private company board. If the invitation is to serve on another public company board, the Nominating and Governance Committee will review whether such board service may unduly impact the ability of the director to fulfill his or her responsibilities as a director of Truist and must approve such board service before the director accepts the additional position. A non-employeedirector of Truist may not serve on more than three other public company boards, and a non-employeedirector of Truist who is also the chief executive officer of another public company may not serve on more than one other public company board. In addition, Audit Committee members shall not simultaneously serve on the audit committees of more than a total of three public companies, unless the Board approves such additional service before the director accepts the additional audit committee position. Executive officers of Truist may serve on one public company board, in addition to the Truist Board, with the approval of the Chief Executive Officer or, in the case of the Chief Executive Officer, the Nominating and Governance Committee. BOARD DEVELOPMENT Our Board Development Program is designed to support the directors in their continuing education and the performance of their responsibilities as members of the Board and Board committees. The Board Development Program allows directors to supplement their existing skill sets and stay informed of emerging risks and trends in Truist’s business and the broader financial services industry in general. The Board, through formal annual polling and informal requests throughout the year, identifies areas of focus for development