2018 Guide to Effective Proxies

6 TH EDITION | GUIDE TO EFFECTIVE PROXIES 182 STARBUCKS CORPORATION SUNTRUST BANKS, INC. SVB FINANCIAL GROUP T-MOBIL US, INC. PROXYSTATEMENTSUMMARY BoardNominees Thefollowingtableprovidessummaryinformationabouteachdirectornominee.Eachdirectornomineeiselectedannuallybyamajorityofvotes cast. DirectorTenure AgeDistribution Gender 0-4YRS. 5-9YRS. 10-14YRS. 15-19YRS. 20+YRS. 3 2 4 2 1 Average DirectorTenure: 10 yrs (1) (3) (4) (2) (2) Average Age: 56 30s 40s 50s 60s 70s 33% WOMEN 8Men 4Women CommitteeMemberships Name Age Director Since PrincipalOccupation Independent ACC CMDC NCGC HowardSchultz 64 1985 executivechairmanofStarbucks Corporation RosalindG.Brewer* 55 2017 grouppresident,Americasand chiefoperatingofficerof StarbucksCorporation MaryN.Dillon 56 2016 chiefexecutiveofficerand directorofUltaBeauty,Inc. MellodyHobson 48 2005 presidentanddirectorofAriel Investments C KevinR.Johnson 57 2009 presidentandchiefexecutive officerofStarbucksCorporation JørgenVigKnudstorp 49 2017 executivechairmanofLEGO BrandGroup SatyaNadella 50 2017 chiefexecutiveofficerand directorofMicrosoftCorporation JoshuaCooperRamo 49 2011 co-chiefexecutiveofficerandvice chairmanofKissingerAssociates, Inc. ClaraShih 36 2011 chiefexecutiveofficerand directorofHearsaySystems,Inc. JavierG.Teruel 67 2005 retiredvicechairmanofColgate- PalmoliveCompany MyronE.Ullman,III 71 2003 retiredexecutivechairmanand ceoofJ.C.PenneyCompany, Inc. , L C CraigE.Weatherup 72 1999 retiredchiefexecutiveofficerof Pepsi-Cola C C Chair L LeadIndependentDirector * Ms.Brewerwasanindependentmemberoftheboardofdirectorsandamember oftheCMDCandtheNCGCpriortoherappointmentasgrouppresident, Americasandchiefoperatingofficer,afterwhichtimeshecontinuedtoserveasa non-independentmemberoftheboardofdirectors. ACC CMDC NCGC AuditandComplianceCommittee CompensationandManagementDevelopmentCommittee NominatingandCorporateGovernanceCommittee 2 / 2018PROXYSTATEMENT NomineesforDirectorship(Item1) BoardCommitteesandAttendance TheBoardhascreatedcertainstandingandadhoccommittees. These committees allow regular monitoring and deeper analysis of various matters. The committee structure also allows committeestobecomprisedexclusivelyofindependentdirectors to address certain matters. Because of the complexity of our business and the depth and scope of matters reviewed by our Board, much of the Board’s work is delegated to itscommittees andthenreportedtoanddiscussedwiththefullBoard. Regular meetings of the Board are held at least quarterly. During 2017, the Board held seven meetings, and various standing and ad hoc committees of the Board met another 54 times (including five joint meetings of our Audit and Risk Committees),foranaggregateof61meetings.Eachcommittee and Board meeting generally includes a meeting of the independent directorsinexecutivesession.Allincumbentdirectorsattended at least 75% of the aggregate number of Board meetings and meetings of the committees on which they served. In addition, all but one of our incumbent directors who were serving as directors at the time attended last year’s annual meeting of shareholders. We expect, but do not require, directors to attendtheannualmeetingofshareholders. The Board reviews the membership of the committees from time to time. Specific committee assignments are proposed by the Governance and Nominating Committee in consultation with the chair of each committee and with the consent of the member, and are then submitted tothefullBoard forapproval. The current membership of these committees, and the number ofmeetingseachcommitteeheldin2017,areasfollows: MembershipbyDirector Audit Compensation Executive Governance& Nominating Risk NumberofMeetingsHeld: 13 1 9 6 5 13 1 AgnesBundyScanlan ✓ ✓ DallasS.Clement ✓ ✓ PaulR.Garcia ViceChair ✓ M.DouglasIvester ✓ ✓ ✓ KylePrechtlLegg 2 ✓ Chair ✓ DonnaS.Morea ✓ ViceChair DavidM.Ratcliffe ✓ ✓ Chair WilliamH.Rogers,Jr. Chair FrankP.Scruggs,Jr. ✓ ✓ BruceL.Tanner ✓ ✓ StevenC.Voorhees ✓ ✓ ThomasR.Watjen Chair ✓ ✓ Dr.PhailWynn,Jr. ✓ ✓ Chair MembershipbyCommittee Audit Compensation Executive Governance& Nominating Risk Mr.Watjen, Chair Ms.Legg, Chair 2 Mr.Rogers, Chair Dr.Wynn, Chair Mr.Ratcliffe, Chair Mr.Garcia,ViceChair Mr.Garcia Mr.Ivester Ms.BundyScanlan Ms.Morea, ViceChair Mr.Clement Mr.Ivester Ms.Legg 2 Mr.Clement Ms.BundyScanlan Ms.Legg 2 Ms.Morea Mr.Ratcliffe Mr.Ivester Mr.Scruggs Dr.Wynn Mr.Ratcliffe Mr.Watjen Mr.Tanner Mr.Tanner Mr.Scruggs Dr.Wynn Mr.Voorhees Mr.Voorhees Mr.Watjen 1 NumberofmeetingsdoesnotincludefivejointsessionsoftheAuditandRiskCommittees. 2 Ms.LegghasdecidednottostandforreelectionandwillretirefromtheBoardatour2018annualmeetingofshareholders. 6 SunTrustBanks,Inc.-2018ProxyStatement CORPORATEGOVERNANCEATT-MOBILE BOARD COMMITTEES AND RELATED MATTERS OurBoardhasfourstandingcommittees:Audit,Compensation,Executive,andNominatingandCorporateGovernance.TheBoardmakescommitteeand committeechairassignmentsannuallyatitsmeetingimmediatelyfollowingtheAnnualMeetingofStockholders,althoughfurtherchangesmaybemade fromtimetotimeasdeemedappropriatebytheBoard. EachcommitteehasaBoard-approvedcharter,whichisreviewedannuallybytherespectivecommittee.Recommendedchanges,ifany,aresubmittedto theBoardforapproval.Eachcommitteemayretainandcompensateconsultantsorotheradvisorsasnecessaryforittocarryoutitsduties,without consultingwithorobtainingtheapprovaloftheBoardortheCompany.AcopyofthecharterforeachstandingcommitteecanbefoundontheInvestor Relationssectionofourwebsiteat http://investor.t-mobile.com byselecting“GovernanceDocuments”underthe“CorporateGovernance”tab. Audit Committee Chair: SrikantM.Datar AdditionalMembers W.MichaelBarnes KelvinR.Westbrook MeetingsHeldin2017: 15 Asmorefullydescribedinitscharter,theprimaryresponsibilitiesoftheAuditCommittee areto: AssisttheBoardinoversightoftheintegrityoftheCompany’sfinancialstatementsandthefinancial reportingprocess,disclosurecontrolsandproceduresandinternalauditfunctions Directlyappoint,compensateandretainourindependentauditor,includingtheevaluationofthe independentauditor’squalifications,performanceandindependence Pre-approvetheretentionoftheindependentauditorforallauditandsuchnon-auditservicesasthe independentauditorispermittedtoprovidetheCompanyandapprovethefeesforsuchservices DiscusstheCompany’sriskassessmentandriskmanagementpolicies,aswellasannuallyreviewthe implementationandeffectivenessofourcomplianceandethicsprograms DevelopandoverseecompliancewiththeCodeofEthicsforSeniorFinancialOfficersandtheCodeof BusinessConductforallemployees,officersanddirectors Establishproceduresfortheconfidential,anonymoussubmissionbyemployeesofconcernsregarding questionableaccountingorauditingmatters ReviewandapproveallrelatedpersontransactionspursuanttotheCompany’sRelatedPerson TransactionPolicy OurBoardhasdeterminedthateachmemberoftheAuditCommitteemeetsalloftherequirementsfor auditcommitteemembersunderapplicableNASDAQrulesandisan“auditcommitteefinancialexpert”as definedinapplicableSECrules. T-Mobile2018ProxyStatement 7 The names of the members and highlights of some of the key oversight responsibilities of the Board Committees are set forth below: JohnRobinson,Chair DaveClapper RogerDunbar LataKrishnan MaryMiller AuditCommittee (11meetingsin2017) • Quality and integrity of our financial statements, including internal controls over financialreporting. • Independent auditor of the Company, including its qualification, independence, engagement,compensationandperformance. • Internal audit function of the Company, as well as other key areas including informationtechnology,security,litigationandregulatoryenforcementmatters. KateMitchell,Chair JeffMaggioncalda JohnRobinson GarenStaglin CompensationCommittee (8meetingsin2017) • Overallcompensationstrategies,plans,policiesandprograms. • Executiveanddirectorcompensationapproval. • Compensation risk management, including annual compensation-related risk assessments. DaveClapper,Chair JohnClendening JeffMaggioncalda KateMitchell JohnRobinson CreditCommittee (6meetingsin2017) • Creditandlendingstrategies,objectivesandrisks,primarilyoftheBank. • Credit risk management, including reviewing internal credit policies and establishing portfoliolimits. • Qualityandperformanceofthecreditportfolio. JoelFriedman,Chair EricBenhamou RogerDunbar LataKrishnan MaryMiller FinanceCommittee (10meetingsin2017) • Financial strategies, objectives and risks relating to capital and liquidity management, investments,derivativeactivities,andfundsmanagement. • AnnualbudgetoftheCompany,andrecommendationtotheBoardforapproval. • Compliancewithcertainapplicablefinancialregulatoryrequirements,includingcapital adequacy/planningandstresstesting. • Material corporate development matters that may result in a significant financial impact. EricBenhamou,Chair RogerDunbar JoelFriedman GarenStaglin GovernanceCommittee (6meetingsin2017) • Corporategovernancepractices,includingourCorporateGovernanceGuidelines. • AnnualperformanceevaluationprocessesofourBoardanditscommittees,andCEO. • Identificationandnominationofdirectorcandidates. • Regulatory compliance function of the Company, including financial crimes risk management. RogerDunbar,Chair EricBenhamou DaveClapper JoelFriedman KateMitchell JohnRobinson RiskCommittee (5meetingsin2017) • Enterprise-wideriskmanagementpoliciesoftheCompany. • Operationofourenterprise-wideriskmanagementframework. • Risk appetite statement of the Company, including recommendations to the Board regardinganychanges. • OverallriskprofileoftheCompany. 19 BOARD&CORPORATEGOVERNANCE BoardCommittees