Investor Presentaiton

Forward Focused First Horizon Acquisition Update • • • • . • • First Horizon Accelerates TD's U.S. Retail Bank Growth Strategy Progress to Date Integration Management Office has defined Legal • Day 1 (deal closing), integration and conversion roadmap Confirmed approach to primarily migrate to TD systems with few exceptions Engaged with community groups across TD's and First Horizon's footprints Established communication protocols with First Horizon employees and held listening sessions First Horizon shareholder approval received on May 31st Fed and OCC joint public meeting on August 18th Reaffirm confidence in ability to execute on cost synergies • • • • Next Steps TD Continue to work with regulators through the normal course application process Continue planning and execution efforts required for deal closing, integration and conversion Continue community outreach sessions Continue identifying revenue synergy opportunities Continue communication with First Horizon employees and internally on deal closing, integration and conversion progression Transaction close expected in Q1 FY2023, subject to receipt of regulatory approvals 11

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