Consistent Earnings Growth and Digital Engagement
Forward Focused
First Horizon Acquisition Update
First Horizon Accelerates TD's U.S. Retail Bank Growth Strategy
Progress to Date
Next Steps
TD
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Integration Management Office has defined Legal
.
Continue to work towards obtaining required
regulatory approvals
Day 1 (deal closing), integration and conversion
roadmap
Confirmed approach to primarily migrate to TD
systems
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
• Validated integration dependencies and pre-
requisites and made substantial progress on "Target
State" design
•
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
Finalizing integration and conversion plans across
all lines of business and corporate functions
Currently planning to close in the first half of F2023
subject to customary closing conditions, including
approvals from U.S. and Canadian regulators
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