Company: TFC
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0001193125-25-055156
Chunk: 32

Company: TRUIST FINANCIAL CORP
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 32
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 enhanced transparency and disclosures regarding emissions and sustainability. STAKEHOLDER ENGAGEMENT ON CORPORATE RESPONSIBILITY AND SUSTAINABILITY MATTERS Truist regularly engages with clients, investors, suppliers, community leaders, teammates, and other stakeholders to gain better insights into their views, preferences, aspirations, and concerns about corporate responsibility and sustainability matters. Stakeholder engagement helps prioritize goals and actions that deliver long-term value for Truist. In addition to our regular engagement cadence, we also periodically seek stakeholder feedback to determine the responsibility and sustainability issues that they believe are material to Truist’s performance. For a detailed review of our shareholder engagement efforts, please see the “Shareholder Engagement Program” section of this proxy statement. GOVERNANCE, RISK MANAGEMENT, AND OVERSIGHT The Board oversees corporate responsibility and sustainability programs, risks, and disclosures. The Nominating and Governance Committee is the primary committee responsible for oversight of corporate responsibility and sustainability matters, including reporting and, along with the Audit Committee, disclosure practices. As needed, other Board committees receive updates on corporate responsibility and sustainability matters that relate directly to their responsibilities. For example, the Compensation and Human Capital Committee receives updates on human capital management strategies and initiatives, and the Risk Committee reviews Truist’s climate-related risks and risk-management practices. The full Board also receives updates on key programs, accomplishments, and plans. Management committees support the Board committees in their oversight of corporate responsibility and sustainability matters. The Corporate Responsibility and Sustainability Committee, which reports to the Nominating and Governance Committee, is composed of internal leaders who guide related public affairs and communications, disclosures and reporting, operational sustainability, and sustainable finance activities. The Disclosure Committee reports to the Audit Committee and reviews our principal corporate responsibility and sustainability disclosures prior to publication.

| 30 |     | | 2025 Proxy Statement |

Corporate Governance CURRENT PRACTICES AND ACCOMPLISHMENTS In expressing our purpose, we make investments that strengthen the communities where we live and work and conduct business in an ethical and responsible way. Corporate Responsibility and Sustainability Reporting Practices As a responsible corporate citizen, we disclose our performance and progress on corporate responsibility and sustainability metrics consistent with generally accepted voluntary reporting frameworks. Progress and metrics are reported yearly in Truist’s Corporate Responsibility and Sustainability Report, the Disclosure Summary, the TCFD Report (which will include the previously separate Climate Lobbying Summary), and the Political Contributions Report. We plan to publish 2024 versions of these reports in the spring of 2025. These reports will be made available on