SYF

• The 30+ delinquency rate was 4.2% as of July 31, 2026, unchanged from July 31, 2025.
• The net charge-off rate for July 2026 was 4.7%, down from 5.1% in July 2025.
• The adjusted net charge-off rate for July 2026 was 4.9%, down from 5.1% in July 2025.
• The company will continue to furnish these statistics monthly, with quarter-end data released alongside quarterly results.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits

• The notes were offered in a public offering under Synchrony's existing Form S-3 registration statement.
• J.P. Morgan Securities LLC, TD Securities (USA) LLC, and Wells Fargo Securities, LLC acted as representatives of the underwriters.
• The notes are governed by an indenture with The Bank of New York Mellon as trustee, supplemented by a Sixteenth Supplemental Indenture dated July 31, 2026.
• The company filed the underwriting agreement, supplemental indenture, forms of notes, and a legal opinion from Sidley Austin LLP as exhibits.

8.01 Other Events · 9.01 Financial Statements and Exhibits

• Net earnings decreased 8% to $885 million, or $2.59 per diluted share, from $967 million, or $2.50 per diluted share, in Q2 2025.
• Net interest margin increased 30 basis points to 15.08%; return on assets decreased 30 basis points to 2.9%.
• Capital returned to shareholders totaled $950 million, including $850 million of share repurchases and $100 million of common stock dividends.
• Estimated Common Equity Tier 1 ratio was 13.2%, compared to 14.2% in the prior year.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits

• Synchrony Financial furnished monthly charge-off and delinquency statistics for the thirteen months ended June 30, 2026, under Item 7.01 Regulation FD Disclosure.
• The 30+ delinquency rate was 4.2% as of June 30, 2026, unchanged from June 30, 2025.
• The adjusted net charge-off rate was 5.2% for June 2026, down from 5.7% in June 2025.
• The company intends to continue furnishing these statistics monthly, with quarter-end data provided alongside quarterly earnings announcements.

7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• On June 29, 2026, Carol Juel was appointed Executive Vice President and Chief Executive Officer of Synchrony's Digital platform, succeeding Bart Schaller, who is retiring after a 35-year career.
• Following Juel's appointment, her former responsibilities as Chief Technology and Operating Officer will be distributed among the executive management team rather than assigned to a single successor.
• Florin Arghirescu was promoted to Executive Vice President and Chief Technology Officer, reporting to Doubles, with responsibility for enterprise technology strategy, execution, and the company's AI agenda.
• DJ Casto was appointed Executive Vice President, Chief People and Operations Officer, adding oversight of Operations (servicing, collections, customer care) to his existing Human Resources leadership role.

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• Synchrony Financial held its 2026 Annual Meeting of Stockholders on June 24, 2026.
• Stockholders ratified the selection of KPMG LLP as independent auditor for 2026, with 305,208,523 votes for and 4,899,874 against.
• The advisory vote on named executive officer compensation was approved, with 273,729,776 votes for and 18,945,741 against.
• The report was filed under Item 5.07 to disclose the voting results of these stockholder proposals.

5.07 Submission of Matters to a Vote of Security Holders · 9.01 Financial Statements and Exhibits

• Synchrony Financial furnished monthly charge-off and delinquency statistics for the thirteen months ended May 31, 2026, under Item 7.01 Regulation FD Disclosure.
• The adjusted net charge-off rate for May 2026 was 5.4%, reflecting a recovery adjustment of (0.1)%.
• The company intends to continue furnishing these statistics monthly, with quarter-end statistics provided alongside quarterly financial results.
• The information is furnished, not filed, and is not incorporated by reference into other SEC filings unless expressly stated.

7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• On June 5, 2026, Synchrony Financial issued and sold 500,000 depositary shares, each representing a 1/100th interest in a share of 7.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C.
• The company entered into a Deposit Agreement with Computershare Inc. and Computershare Trust Company, N.A. as depositary, and the Series C Preferred Stock was deposited against delivery of depositary receipts.
• An underwriting agreement dated June 2, 2026 was signed with BofA Securities, Inc., Barclays Capital Inc., and Morgan Stanley & Co. LLC as representatives of the underwriters for the public offering.
• The offering was made under the company's existing Form S-3 registration statement (File No. 333-288729).

3.03 Material Modification to Rights of Security Holders · 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · 8.01 Other Events · 9.01 Financial Statements and Exhibits