Company: TFC
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0001193125-25-055156
Chunk: 81

Company: TRUIST FINANCIAL CORP
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 81
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     | 36,923 |     |            |     |    782,729 |
| Kristin Lesher         |     |               |     |         — |     |               |     |       — |     |                     |     |         — |     |               |     |      — |     |            |     |          — |
| Hugh S. Cummins III    |     |               |     | 1,061,800 |     |               |     | 128,083 |     |                     |     | 1,017,822 |     |               |     |      — |     |            |     |  9,281,984 |
| Dontá L. Wilson        |     |               |     |    90,807 |     |               |     |  84,532 |     |                     |     |   209,962 |     |               |     |      — |     |            |     |  1,866,196 |

| (1) |     | Executive contributions were based on each NEO’s deferral elections and the salaries, AIP awards, and LTIP payments, if any, received by each NEO in 2024. |

| (2) |     | This column represents Truist’s matching contributions credited to the accounts of the NEOs during 2024 in respect of the NEO’s contributions. These values are also reflected in the “All Other Compensation” column of the 2024 Summary Compensation Table. |

| (3) |     | This column reflects earnings or losses on plan balances in 2024. Earnings may increase or decrease depending on the performance of the elected deemed investment options. These earnings are not above-market or preferential and thus are not reported in the 2024 Summary Compensation Table. |

| (4) |     | This column represents each NEO’s year-end balance under the Non-Qualified Defined Contribution Plan. These balances include the NEO’s and Truist’s respective contributions that were included in the Summary Compensation Tables in previous years. Amounts in this column include earnings that were not previously reported in the Summary Compensation Table because they were not above-market or preferential earnings. |

Narrative to 2024 Non-QualifiedDeferred Compensation Table The Non-QualifiedDefined Contribution Plan is an excess benefit plan that provides supplemental benefits to certain highly-compensated teammates, including the NEOs, to the extent that their benefits under the 401(k) Plan are curtailed