First Horizon and TD extend merger outside date to May 27, 2023

FIRST HORIZON CORP

Outside termination date of merger agreement extended from Feb 27 to May 27, 2023.
First Horizon shareholders have voted overwhelmingly to approve the transaction.
Progress is being made on a Community Benefits Plan for U.S. local communities.
Closing remains subject to regulatory approvals in the U.S. and Canada.
Both banks reaffirm full commitment to the merger and integration planning.

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