Fulton Financial Corporation · NASDAQ:FULT

Fulton Financial — Debt Investor Presentation (April 2026)

35 slides from Fulton Financial's debt investor presentation, Apr 27, 2026

1. Slide 1: Fulton Financial Corporation Fixed Income Presentation

   Fulton Financial Corporation © 2026 Fulton Financial Corporation. All rights reserved. Fixed Income Presentation Data as of or for the period ended March 31, 2026, unless otherwise noted

2. Slide 2: Forward Looking Statements & Non-GAAP Disclaimers

   © 2026 Fulton Financial Corporation. All rights reserved. Forward Looking Statements & Non-GAAP Disclaimers As used in this presentation, the terms “Fulton", "the Company", "registrant", "we", "us", and "our" mean Fulton Financial Corporation and its subsidiaries, on a consolidated basis, unless the

3. Slide 3: A Growing and Well-Positioned Franchise

   © 2026 Fulton Financial Corporation. All rights reserved. • $32 billion in assets, approximately 200 financial centers, 200 commercial sales professionals, 100mortgage loan officers, and more than 3,300 team members operating in a customer-dense Mid-Atlantic market(1) • Market capitalization of ~$3.

4. Slide 4: A Balanced Business Model Delivering Strong Returns

   © 2026 Fulton Financial Corporation. All rights reserved. A Balanced Business Model Delivering Strong Returns 4 • Non-interest income as a percentage of revenue of approximately 21% as of March 31, 2026 • Wealth management accounts for approximately 1/3 of total non-interest income, delivering a 9%

5. Slide 5: Robust and Scalable Product Suite

   © 2026 Fulton Financial Corporation. All rights reserved. Robust and Scalable Product Suite 5 Commercial Banking Consumer Banking Business Banking TreasuryManagement Wealth andTrust InternationalServices CapitalMarkets MortgageBanking •Significant technology spend over the past six years •Focus on d

6. Slide 6: A Community Bank Strategy, Operating on a Regional Scale

   © 2026 Fulton Financial Corporation. All rights reserved. A Community Bank Strategy, Operating on a Regional Scale 6 Execution of our Strategic Objectives has provided us with long-term growth in customers, exceptional customer experience and enhanced operational metrics, delivering results to our s

7. Slide 7: Fulton Financial Corporation Market

   © 2026 Fulton Financial Corporation. All rights reserved. Fulton Financial Corporation Market Total MSA Market Rank FULT Total Branches 2025 FULT Total Deposits 2025 ($000) FULT Total Deposit Market Share 2025 (%) Branches #(1) Total Deposits ($000) Median Household Income 2026 ($)(1) 5-yr Cumulativ

8. Slide 8: Deep Executive Bench Providing Continuity at Fulton

   © 2026 Fulton Financial Corporation. All rights reserved. Deep Executive Bench Providing Continuity at Fulton 8 Name Position Years at Fulton Years in Financial Services Curt Myers Chairman, CEO & President 35 35 Rick Kraemer Chief Financial Officer 1 25 Meg Mueller Chief Credit Executive 29 39 Andy

9. Slide 9: First Quarter 2026 Financial Highlights

   © 2026 Fulton Financial Corporation. All rights reserved. 1Q264Q251Q264Q25Net Income Available to Common Shareholders (dollars in millions)$92.2$96.4$99.7$99.4ROAA (annualized)1.20%1.23%1.30%1.27%ROATCE (annualized)----14.76%14.86%Efficiency Ratio ----56.7%60.0%Non-Interest Expense / Total Average A

10. Slide 10: Consistent Balance Sheet Growth

    © 2026 Fulton Financial Corporation. All rights reserved. 9.9%10.0%10.3%10.8%11.8%11.9%202120222023202420252026Q184.9%98.2%99.1%92.0%90.8%90.7%202120222023202420252026Q17.8%6.9%7.4%7.5%8.5%8.6%202120222023202420252026Q1 Consistent Balance Sheet Growth 10 Total Assets ($B) Total Deposits ($B) Gross L

11. Slide 11: Net Interest Income

    © 2026 Fulton Financial Corporation. All rights reserved. Net Interest Income 11 •NIM was 3.58% in the first quarter of 2026, decreasing one bps compared to the fourth quarter of 2025. •Loan yield of 5.70% decreased 12 bps during the first quarter of 2026 compared to the fourth quarter of 2025. •Tot

12. Slide 12: Non-Interest Income Remains a Key Revenue Source

    © 2026 Fulton Financial Corporation. All rights reserved. Non-Interest Income Remains a Key Revenue Source at Over 20% of Total Revenue 12 Wealth Management AUM/AUA in excess of $17 billion as of March 31, 2026 Robust Commercial Fee Income Businesses Consistent Consumer Fees Three months ended 3/31/

13. Slide 13: Material and Consistent Fee Income

    © 2026 Fulton Financial Corporation. All rights reserved. Material and Consistent Fee Income, Robust Suite of Commercial and Consumer Services 13 Repeatable Income Stream; Analytics-Based Cross-Sell Opportunity Optimized Account Framework and Exception Process; Multi-Channel Distribution Strategy Ro

14. Slide 14: Mature and Growing Wealth Management Businesses

    © 2026 Fulton Financial Corporation. All rights reserved. Mature and Growing Wealth Management Businesses, Consistent Non-Interest Income and Diversified Client Base Delivering Solid Results(1) 14 Over 85% Recurring Income Client and Market Aligned Growth $93.3 Million TTM(3) Non-Interest Income rep

15. Slide 15: Non-Interest Expense

    © 2026 Fulton Financial Corporation. All rights reserved. Salaries and employee benefits$109,917$121,632$111,265$107,123$103,526($11,715)Data processing and software18,66219,69518,53518,26218,599(1,033)Net occupancy18,22917,55415,95416,41018,207675Other outside services12,75013,10512,95112,00911,837

16. Slide 16: A Diversified Loan Portfolio with Growth in Multiple Categories

    © 2026 Fulton Financial Corporation. All rights reserved. A Diversified Loan Portfolio with Growth in Multiple Categories 16 Loan Mix By Product(1) Highlights • The loan portfolio has grown $5.4 billion since 2020 •A balanced loan mix enhanced by 2022 and 2023 adjustable-rate mortgage growth outpaci

17. Slide 17: Asset Quality

    © 2026 Fulton Financial Corporation. All rights reserved. Asset Quality 17 NPAs and NPAs / Assets (1) Provision for Credit Losses ACL(2) / NPLs and ACL / Loans NCOs and NCOs / Average Loans (millions) (millions) (millions) (1) NPAs include accruing loans past due 90 days or more (2) The ACL relates

18. Slide 18: A Deposit Portfolio That Is Granular, Tenured and Diversified

    © 2026 Fulton Financial Corporation. All rights reserved. A Deposit Portfolio That Is Granular, Tenured and Diversified With Significant Liquidity Coverage 18 Deposit Mix By Product(1) Highlights(2) • 878,495 deposit accounts •$30,919 average account balance •Average account age of ~ten years •24% n

19. Slide 19: Investment Portfolio and Liquidity Review

    © 2026 Fulton Financial Corporation. All rights reserved. Investment Portfolio and Liquidity Review 19 High-Quality Investment Portfolio Provides Consistent Cash Flows and Borrowing Capacity Resi. MBS35%CMOs12%Comm. MBS53% HTM Portfolio at Amortized Cost as of March 31, 2026Resi. MBS22%CMOs31%Comm.

20. Slide 20: Internal Capital Generation Enhancing Capital Ratios

    © 2026 Fulton Financial Corporation. All rights reserved. Internal Capital Generation Enhancing Capital Ratios(1) 20 (5) (millions) •Increased regulatory capital ratios provide operational and strategic flexibility •Tangible common shareholders’ equity(2) increased from Q4 ‘25 to Q1 ‘26 by $20 milli

21. Slide 21: Historical Double Leverage & Interest Coverage

    © 2026 Fulton Financial Corporation. All rights reserved. Historical Double Leverage & Interest Coverage 21 For the Twelve Months EndedThree Months Ended($ in thousands)12/31/202312/31/202412/31/20253/31/2026Double LeverageInvestments in Subsidiaries$2,836,602$3,357,022$3,582,235$3,586,880Total Shar

22. Slide 22: Appendix

    © 2026 Fulton Financial Corporation. All rights reserved. APPENDIX 22

23. Slide 23: We Do What is Right - Corporate Social Responsibility

    © 2026 Fulton Financial Corporation. All rights reserved. We Do What is Right - Corporate Social Responsibility 23 • Our most recent Corporate Social Responsibility Report with key metrics is available at fultonbank.com/about-fulton-bank. • Integrity is fundamental to governance at Fulton. The Compa

24. Slide 24: Fixed Rate Asset Repricing and Neutral Interest Rate Risk Profile

    © 2026 Fulton Financial Corporation. All rights reserved. Fixed Rate Asset Repricing(1) Coupled With a Premier Deposit Franchise Drives a Neutral Interest Rate Risk Profile 24 Interest Earning Assets 24 (March 31, 2026) Interest-Bearing Liabilities(3) (March 31, 2026) Variable Rate Loans Non-maturit

25. Slide 25: Glossary of Terms

    © 2026 Fulton Financial Corporation. All rights reserved. Glossary of Terms 25 Term/Acronym Defined As ACL Allowance for credit losses AOCI Accumulated other comprehensive income AUM Assets under management AUA Assets under administration CAGR Compound annual growth rate CD Certificate of deposit CD

26. Slide 26: Non-GAAP Reconciliation

    © 2026 Fulton Financial Corporation. All rights reserved. NON-GAAP RECONCILIATION 26

27. Slide 27: Non-GAAP Reconciliation: Operating Net Income

    © 2026 Fulton Financial Corporation. All rights reserved. Three months ended(dollars in thousands, except per share data)Mar 31Dec 3120262025Operating net income available to common shareholdersNet income available to common shareholders92,199$ 96,408$ Less: Other(1)- (4,989) Plus: CDI amortization5

28. Slide 28: Non-GAAP Reconciliation: Tangible Common Equity / Tangible Assets

    © 2026 Fulton Financial Corporation. All rights reserved. (dollars in thousands)Mar 31Dec 31Dec 31Dec 31Dec 31Dec 31202620252024202320222021Tangible Common Shareholders' EquityShareholders equity3,505,283$ 3,490,447$ 3,197,325$ 2,760,139$ 2,579,757$ 2,712,680$ Less: Preferred Stock(192,878)(192,878)

29. Slide 29: Non-GAAP Reconciliation: Operating ROAA

    © 2026 Fulton Financial Corporation. All rights reserved. Three months ended(dollars in thousands)Mar 31Dec 3120262025Operating ROAA(1)Net income94,761$ 98,970$ Less: Other(2)- (4,989) Plus: CDI amortization5,255 5,255 Plus: Acquisition-related expense2,644 802 Plus: FDIC special assessment- (95) Pl

30. Slide 30: Non-GAAP Reconciliation: Operating ROATCE

    © 2026 Fulton Financial Corporation. All rights reserved. Three months ended(dollars in thousands)Mar 31Dec 3120262025Operating ROATCE(1)Net income available to common shareholders92,199$ 96,408$ Less: Other(2)- (4,989) Plus: Intangible amortization5,349 5,365 Plus: Acquisition-related expense2,644

31. Slide 31: Non-GAAP Reconciliation: Operating Non-Interest Expense to Assets

    © 2026 Fulton Financial Corporation. All rights reserved. Three months ended(dollars in thousands)Mar 31Dec 3120262025Operating non-interest expense to total average assets(1)Non-interest expense200,294$ 212,986$ Less: Intangible amortization(5,349) (5,365) Less: Acquisition-related expense(2,644) (

32. Slide 32: Non-GAAP Reconciliation: Operating PPNR to Average Assets

    © 2026 Fulton Financial Corporation. All rights reserved. Three months ended(dollars in thousands)Mar 31Dec 3120262025Operating PPNR to average assets(1)NII262,023$ 266,042$ Plus: Non-interest income69,841 69,980 Less: Non-interest expense(200,294) (212,985) Plus: Other revenue- 11 Plus: CDI amortiz

33. Slide 33: Non-GAAP Reconciliation: Efficiency Ratio

    © 2026 Fulton Financial Corporation. All rights reserved. Three months ended(dollars in thousands)Mar 31Dec 31Sep 30Jun 30Mar 3120262025202520252025Efficiency ratioNon-interest expense200,294$ 212,986$ 196,574$ 192,811$ 189,460$ Less: Acquisition-related expense(2,644) (802) - - (380) Less: FDIC spe

34. Slide 34: Non-GAAP Reconciliation: Tangible Common Shareholders' Equity

    © 2026 Fulton Financial Corporation. All rights reserved. As of(dollars in thousands)Mar 31Dec 3120262025Tangible common shareholders' equityShareholders' equity3,505,283$ 3,490,447$ Less: Preferred stock(192,878) (192,878) Less: Goodwill and intangible assets(607,647) (612,996) Tangible common shar

35. Slide 35: Non-GAAP Reconciliation: TBV per Share

    © 2026 Fulton Financial Corporation. All rights reserved. Three months ended(dollars in thousands, except per share data)Mar 31Mar 3120262021TBV per shareShareholders' equity3,505,283$ 2,629,655$ Less: Preferred stock(192,878) (192,878) Less: Goodwill and intangible assets(607,647) (536,544) Tangibl

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