First Horizon National Investor Presentation — July 2022

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Presented July 26, 20222

Second Quarter 2022 Financial Highlights

Earnings Highlights●Net income available to common shareholders of $124.6 million, or $0.68 per diluted common share.

●Adjusted net income available to common shareholders(1)of $134.2 million, or $0.73 per diluted common

share, up 12.3% from 1Q22 reflecting strong revenue, lower expenses and continued improvement in

credit metrics. The adjusted return on average tangible common equity was 19.5% for 2Q22.

●Adjusted pre -tax pre -provision net revenue(1)of $176.7 million, 1.51% of average assets on an annualized

basis, up 10.2% from the linked quarter.

Balance Sheet●Generated diverse net organic loan growth of approximately $1.2 billion for the quarter or 17.3% on an

annualized basis, and up $1.5 billion from 12/31/21 or 11.0% annualized. Total deposits declined $378.9

million during the quarter, but have increased $371.4 million or 1.9% on an annualized year -to-date basis.

●Loan to deposit ratio of 70.6% and securities to assets of 28.2% atJune 30, 2022.

Credit●Reported net recoveries, for the fifth consecutive quarter, of $1.4 million or 0.02% of average loans and

leases. The provision for credit losses in the second quarter of 2022 was $1 million.

●Credit quality metrics continued to improve with total non -performing assets decreasing 11.4% linked

quarter and total non -performing loans declining 2.4%.

Expenses●Total revenue of $450.0 million in 2Q22 up 6.1% from the linked quarter reflecting increased loan

production and higher interest rates, and a net interest margin up 14 bp in the quarter to 3.06%.