Total Shareholder Return (12/31/09 - 12/31/10)* *See Total Return Analysis section in the Annual Report on Form 10-K for Fifth Third Bancorp’s 5-year and 10-year total return analysis. believe they will also exceed the fully phased-in  Basel III proposed capital requirements. Now that  we have this behind us and based on our strong  financial results and capital position, we expect  to have greater flexibility in managing our capital,  including dividends. Despite the headwinds we have faced, we are  generating solid levels of earnings and expect  results to further improve. Change can be  challenging, but how a company deals with change  determines its success and ultimately its return to  shareholders. We are confident that we are up to  the challenge. us to absorb losses better and generate stronger  profits compared with many peer institutions.  Net interest income and net interest margin  continued to expand as we lowered our excess  liquidity and benefited from deposit repricing. We  have begun to see some stabilization in our loan  balances and continue to see solid loan production,  particularly in commercial and industrial (C&I)  loans. Within C&I, origination volumes have been at  historically high levels, but paydowns also remain  high. Within consumer loans, auto loan originations  have been very strong and our mortgage production  picked up in the latter half of the year. Overall, we’ve  been pleased with our lending volumes throughout  the year and believe that we have some positive  momentum heading into 2011. We also continued  to grow high-value transaction deposit accounts in  2010, with average balances increasing 19 percent,  or $10.4 billion, over last year. For the full year 2010, we reported net income of  $753 million, an increase from our 2009 results that  included the benefit of a $1.1 billion after-tax gain  on the sale of a 51 percent interest in Fifth Third  Processing Solutions. Core operating results remained strong. We’ve  maintained consistently strong pre-tax pre- provision net revenue (revenue minus expenses) –  nearly $2.5 billion in 2010 – which is relatively high  compared with our asset base and has enabled  Our provision expense for loan and lease losses  declined more than $2 billion from 2009, reflecting  significantly lower net charge-offs and reductions  in problem assets. We finished the year strong  with fourth quarter net charge-offs dropping  below 2 percent of average loans on an annualized  basis, significantly better than most large peers.  2010 results 3 2010  ANNUAL REPORT