Truist Financial Corp Results Presentation Deck

Non-GAAP reconciliations Insurance Holdings adjusted EBITDA ($ MM) Segment net interest income Noninterest income Total revenue Segment net income (loss) - GAAP Provision (benefit) for income taxes Depreciation & amortization EBITDA Merger-related and restructuring charges, net Incremental operating expenses related to the merger Adjusted EBITDA(¹) Adjusted EBITDA(¹) margin $ EA $ Sept. 30 2022 33 734 767 95 31 36 162 19 181 23.5 % $ $ $ $ June 30 2022 28 833 861 179 58 34 271 7 278 32.3 % Quarter Ended March 31 2022 $ 69 24 737 761 151 50 32 233 8 241 31.6% $ $ Dec. 31 2021 (1) EBITDA is a non-GAAP measurement of operating profitability that is calculated by adding back interest, taxes, depreciation, and amortization to net income. Truist's management also adds back merger- related and restructuring charges, incremental operating expenses related to the merger, and other selected items. Truist's management uses this measure in its analysis of the Corporation's Insurance Holdings segment. Truist's management believes this measure provides a greater understanding of ongoing operations and enhances comparability of results with prior periods, as well as demonstrates the effects of significant gains and charges. 23 681 704 127 32 24 183 8 4 195 27.7 % $ $ Sept. 30 2021 28 652 680 111 31 31 173 2 3 178 26.2 % TRUIST HH A-16

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