Truist Financial (TFC) AGM 2026 summary

Opening remarks and agenda

• Meeting called to order with board, operating council, and independent auditors present; agenda and rules provided online.

• Forward-looking statements and associated risks highlighted, with reference to SEC filings for further details.

Shareholder proposals

• Five proposals presented: election of 12 directors, advisory vote on executive compensation, ratification of auditors, amendment of incentive plan, and a shareholder proposal on policy-customer value alignment risks.

• Shareholder proposal from The Heritage Foundation requested a report on risks from potential misalignment between company policies and customer values, citing concerns over DEI, ESG, and corporate ratings.

• Board opposed the shareholder proposal, stating existing oversight was sufficient.

Overview of voting outcomes

• All 12 director nominees elected with over 91% approval.

• Executive compensation and auditor ratification each received over 91% and 96% approval, respectively.

• Amendment to the 2022 Incentive Plan approved with over 96% support.

• Shareholder proposal on policy-customer value alignment received less than 2% support and was not approved.