Truist Financial 4.75% Series R, Non-Cumulative Perpetual Preferred Stock

May only be redeemed on a dividend payment date

Ticker: TFC-R

Parent Ticker: TFC

OTC Grey Market Temporary Ticker: TSTFL

Issuance Date: 07/30/2020

1st Call Date: 09/01/2025

Maturity Date: None

Shares Issued: 37,000,000

Overallotment Shares: 0

Coupon: 4.75%

Face Value: $25.00

Cumulative: No

Qualified: Yes

Quarterly Dividend Amount: 0.297

Ex-Dividend Months: FEB, MAY, AUG, NOV

Approx. Ex-Dividend Day: 8

Payment Months: MAR, JUN, SEP, DEC

Payment Day: 1

S&P Rating: BBB-

III Rating (In Regards to Dividend Safety Only): B

Moody Rating: Baa2

Fitch Rating: NR