Notice of updates to Terms and Conditions and other important disclosures

We’re making updates to the Terms and Conditions of your Personal, Business Banking & Commercial deposit account(s) and other important disclosures, effective July 17, 2023.

Periodically, we review the fees we charge and the Terms and Conditions and other important disclosures governing your account. Effective July 17, 2023, we will make necessary changes to your deposit account(s) with us, as applicable, including your personal, business, commercial, savings, money market, and certificates of deposit accounts. Please read this important information below carefully so you understand upcoming updates applicable to your deposit account(s) and related services. We encourage you to download a full copy of the updated agreement and important disclosures for your files. You can also request a complete copy of the revised agreements and important disclosures at your nearest Synovus branch after July 17, 2023. By keeping your account(s) open or accepting or using any account services after July 17, 2023, you agree to these changes.

Free Checking will no longer be offered after July 17, 2023. Your Free Checking account will be changed to a new Plus Checking account. See below for additional details or visit synovus.com/PlusUpgrade. Your account number will remain the same, and there is no action required on your part. You will not need a new debit card or checks.

We understand you have choices, and it is our honor you have chosen Synovus to serve you. If you have any questions, please call us at 888-SYNOVUS (1-888-796-6887) or contact your relationship manager.

UPDATES TO ACCOUNT TERMS AND OTHER IMPORTANT DISCLOSURES

Terms and Conditions of Your Account:

The new and amended portions of the Terms and Conditions and other important disclosures contained in the “Understanding Your Deposit Account” document, are included below for your reference. Download a full copy of the updated agreement and important disclosures for your files or you can request a complete hard copy of the revised agreements and important disclosures at your nearest Synovus branch after July 17, 2023.

The following provision is added immediately after the section titled MINOR ACCOUNTS:

“A person who is a minor (as determined by the state reflected in the footer at the bottom of your signature card) may own and maintain an account with us, provided the minor is at least thirteen (13) years of age. Any such account must be held as a Joint Account or Multiple-Party Account between the minor and her or his parent or legal guardian. Minor Accounts may not be eligible for all account services. Each of you agrees to be jointly and severally (individually) liable for all account activity and any violation by any one of you of the terms of this agreement. When the minor reaches the age of majority, you may request a change in the account ownership to an Individual Account or Single-Party Account.”

Electronic Fund Transfers: Your Rights and Responsibilities:

This disclosure is amended by deleting the first sentence and bullet point of the section titled Limitations on frequency of transfers, and other references to this section in the disclosure, leaving only the remainder of the section beginning with “FEES”.

“Limitations on frequency of transfers. In addition to those limitations on transfers elsewhere described, if any, the following limitations apply:

• Transfers from a money market or savings account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer or by check, debit card, or similar order to third parties are limited to six per month or monthly statement cycle.”

UPDATES TO PERSONAL BANKING PRODUCTS

The Balance to Avoid the Monthly Service Fee and the Withdrawal and Transfer Transactions sections and associated footnotes of the Personal Banking Products are amended by replacing the Current with the New as follows:

UPDATES TO SCHEDULE OF FEES AND CHARGES – PERSONAL ACCOUNTS

The Schedule of Fees and Charges table and associated footnotes are amended by replacing the Current with the New as follows:

SYNOVUS PLUS PROGRAM TERMS

If you’ve opened a Free Checking account, see Synovus Plus Program Terms effective July 17, 2023 or you can request a complete hard copy of the document at your nearest Synovus branch after July 17, 2023.

UPDATES TO SYNOVUS INSPIRE PROGRAM TERMS

The new and amended portions of the Synovus Inspire Program Terms document are included below for your reference. You can request a complete hard copy of the revised agreement at your nearest Synovus branch after July 17, 2023.

The Synovus Inspire Program Terms are amended by adding the following criteria to the section titled Monthly Fee:

“2. $1,000,000 minimum ending balance in combination of your business checking, savings, money market, or CD accounts as of the last business day each month (your “Business Relationship Balance”) during your statement cycle.”

The Synovus Inspire Program Terms are amended to delete the first sentence of the section titled Relationship Analysis and replace it with the following:

“We will evaluate your checking, savings, money market, IRA, CD, and investment accounts on file with Synovus which you are the primary or secondary owner or the beneficial owner in the case of business accounts (collectively the “Accounts”) as of the last business day of each month (the “Evaluation Date”).”

The Synovus Inspire Program Terms are amended to delete the sentence of the first footnote and replace with the following:

“1. Synovus Trust Company, N.A. (STC) customers in a Synovus relationship program or customers with a minimum $1,000,000 Business Relationship Balance in Synovus relationship program will receive program benefits equivalent to customers with at least a $500,000 Relationship Balance.”

The table of the Synovus Inspire Program Terms titled Fee Refunds, Discounts, and Other Benefits is amended by replacing the Current Relationship Program Benefit(s) with the New Relationship Program Benefit(s) as follows:

UPDATES TO SYNOVUS PRIVATE WEALTH PROGRAM TERMS

The new and amended portions of the Synovus Private Wealth Program Terms document are included below for your reference. You can request a complete hard copy of the revised agreement at your nearest Synovus branch after July 17, 2023.

The Synovus Private Wealth Program Terms is amended by deleting the first sentence of the section titled Qualification and Relationship Analysis and replacing it with the following:

“We will evaluate your checking, savings, money market, IRA, CD and investment accounts on file with Synovus which you are the primary or secondary owner or any beneficial owner in the case of business accounts (collectively the “Accounts”) as of the last business day of each month (the “Evaluation Date”) (collectively your ”Relationship Balance” for personal accounts and your “Business Relationship Balance” for business accounts).”

The second sentence of the first footnote of the Synovus Private Wealth Program Terms is deleted and replaced with the following:

“1. Synovus Trust Company, N.A. (STC) customers in a Synovus relationship program or customers with a minimum $1,000,000 Business Relationship Balance in Synovus relationship program will receive program benefits equivalent to customers with at least a $500,000 Relationship Balance.”

The table of the Synovus Private Wealth Program Terms titled Fee Refunds, Discounts, and Other Benefits is amended by replacing the Current Relationship Program Benefit(s) with the New Relationship Program Benefit(s) as follows:

UPDATES TO BUSINESS BANKING PRODUCTS

The Account section and associated footnotes of the Business Banking Products is amended by replacing the Current with the New as follows:

UPDATES TO BUSINESS BANKING FEES

The Withdrawal and Transfer Transactions section of the Business Banking Products is amended by replacing the Current with the New as follows: