Company: TFC
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0001193125-25-055156
Chunk: 29

Company: TRUIST FINANCIAL CORP
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 29
---
uist serves as a director, trustee, executive officer, advisory board member, or in any similar leadership capacity and that is not a related person transaction must be approved by the Nominating and Governance Committee. Further, charitable contributions between $500,000 and $5 million to such organizations that are not related person transactions must be reported at the next Nominating and Governance Committee meeting. A number of our directors, executive officers, and their affiliates utilize certain products and services offered by Truist, including personal and corporate banking, securities brokerage, investment advisory, and wealth management services, in the ordinary course of our business. Since January 1, 2024, other than as described below, there have been no related person transactions that were required either to be approved or ratified under our Related Person Transactions Policy or reported under the SEC’s related person transaction rules. Based on information contained in separate Schedule 13G/A or Form 13F-HRfilings with the SEC, each of BlackRock, Inc., Capital International Investors, and Vanguard Group, Inc. reported that it (or its affiliates) beneficially owned or had investment discretion over more than 5% of the outstanding shares of our common stock as of December 31, 2024. During 2024, we, and our affiliates, engaged in transactions in the ordinary course of business with BlackRock, Capital International Investors, and Vanguard (or their respective affiliates), including sales of debt securities of the Company in public offerings of those securities, sales of fixed income and equity securities by our institutional broker-dealer subsidiary, and, in the case of BlackRock, the licensing of a technology solution that is embedded in Truist’s robo-advisor application, Truist Invest, to process and rebalance client investment portfolios. Such transactions were on substantially the same terms as those prevailing at the time for comparable transactions with unrelated third parties. Shareholder Engagement Program GENERAL Truist’s shareholder engagement program is a robust, year-round process, incorporating analysis of results of our annual shareholder meeting, key topics of importance to our shareholders, and Board deliberations. We listen closely to our shareholders to understand their views on a variety of topics, including our executive compensation and corporate governance programs, as well as corporate responsibility and sustainability issues involving the Company. At Truist, our shareholder engagement program is designed to encompass a dialogue with our shareholders on several levels, including:

| • | Periodic telephonic meetings with our larger institutional shareholders; |

| • | In-person, or