Company: TFC
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0001193125-25-055156
Chunk: 6

Company: TRUIST FINANCIAL CORP
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 6
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 Financial Services Experience in the financial services industry is valuable in overseeing our strategy and operations, including opportunities and risks facing our businesses. This attribute may include significant leadership roles at financial services companies or service on relevant boards that enables directors to gain insights and expertise that will enhance their support of the business and affairs of Truist. |     | Human Capital Management Maintaining a skilled and motivated workforce is a critical component of Truist’s future success. Directors with experience in areas that include employee benefits, compensation programs, career growth, and employee engagement are increasingly important in retaining and acquiring talented teammates and reinforcing Truist’s culture. |
| Executive Leadership We seek directors who have served in significant leadership positions and who possess strong abilities to motivate and manage others. This includes the ability to identify, evaluate, and develop leadership qualities in others. Current or recent experience as a Chair, CEO, President, CFO, or other senior executive are strong indicators of skill and expertise in this category.                      |     | Sustainability Truist recognizes that sustainability issues are important to our shareholders and other stakeholders, and we continue to be focused on and transparent about our efforts in these areas. We seek leaders with experience in corporate responsibility matters, including sustainability and community investment and development.                       |
| Client and Consumer Interfaces and Trends Expertise in these areas is important for reaching clients who are increasingly seeking convenience in the delivery of financial services. Directors with an understanding of how technology and design attract and maintain clients, including through the capabilities and functionalities of our products, are well positioned to support the growth of our businesses.                |     | Cybersecurity and Information Security We are advantaged by directors who are conversant in enterprise technology, related industry trends, and emerging risks in information security, data privacy, and cybersecurity.                                                                                                                                               |
| Accounting/Financial Management Experience in finance enables directors to analyze our financial statements and capital structure and to oversee our accounting and financial reporting processes. NYSE rules require that at least one member of our Audit Committee have accounting or related financial management expertise.                                                                                                    |     | Technology and Digital Innovation Truist knows the importance of technological innovation and digital competitiveness to its growth, including in serving our existing clients and reaching new ones. Leaders with knowledge in these areas can help Truist improve its promotion and delivery of products and services through digital platforms.                     |
| Regulatory and Enterprise Risk Management We derive value from experience in identifying and managing strategic and other risks. Federal Reserve Board Regulation YY requires that the Risk Committee have at least one member who qualifies as a “risk management