Regions Financial (RF) investor relations material

Management changes and leadership transition

• Incoming CFO Anil Chadha will officially assume the role on March 31, succeeding David Turner, who has served as CFO since 2010.

• Dana Nolan, head of investor relations since 2016, will be replaced by David Speer, who previously led strategy and corporate development.

Economic and business environment

• Optimism persists among business and consumer customers, with strong job growth and economic activity across the Southeast and Midwest.

• Some pressure is noted among lower-income customers, but overall consumer credit metrics remain stable.

Profitability and performance targets

• Return on tangible common equity is targeted at 16%-18%, with expectations to operate at the top end of this range over the next three years.

• Focus remains on top quartile performance among peers, driven by strong interest rate risk management.