Truist Financial Corp Results Presentation Deck

3Q22 performance highlights GAAP/Unadjusted Summary Income Statement ($ MM) Revenue Expense PPNR Provision for credit losses Net income available to common Diluted EPS ROTCE Efficiency ratio Adjusted Revenue Expense PPNR Net income available to common Diluted EPS ROTCE Efficiency ratio 3Q22 $5,885 $3,613 $2,272 $234 $1,536 $1.15 23.5% 61.8% $5,886 $3,321 $2,565 $1,654 $1.24 25.1% 56.4% Change vs. 2Q22 3.6% 0.9% 8.0% 36.8% 5.6% 5.5% 80 bps (150) bps 3.6% 2.6% 4.9% 3.1% 3.3% 30 bps (60) bps 3Q21 4.6% (4.8)% 24.1% NM (5.0)% (4.2)% 420 bps (600) bps 4.6% 2.0% 8.3% (13.8)% (12.7)% 250 bps (150) bps Note: All data points are taxable-equivalent, where applicable; see non-GAAP reconciliations in the appendix Commentary Earnings and profitability $1.7 billion of adjusted net income available to common ($1.24 per share) and adjusted ROTCE of 25.1% - Adjusted EPS up 3.3% sequentially as higher PPNR was partially offset by higher provision for credit losses Adjusted PPNR up 4.9% sequentially as a result of expanding net interest margin and strong loan growth; partially offset by seasonally lower insurance revenues and lower investment banking & trading income Continue to target positive operating leverage (GAAP and adjusted) for full year YTD adjusted operating leverage was (50) bps Building momentum: YoY (3Q22 vs. 3Q21) adjusted operating leverage was +260 bps Asset quality remains excellent: 27 bps NCO and stable NPL / delinquencies Balance sheet, capital, and liquidity Robust average loan growth of 4.3% Liquidity and funding remain stable Average deposits declined 0.9% sequentially LCR of 111% Capital (9.1% CET1) remains strong, particularly in the context of Truist's risk profile Acquired BenefitMall (9/1) and announced acquisition of BankDirect Capital Finance Increased dividend 8% to $0.52 per share TRUIST HH 8

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