Yes, one 1099-R is for the distributions before you turned 59 1/2 (the one with code 2), and the other is for distributions after you turned 59 1/2 (distribution code 7).
Code 2 is early distribution, exception applies. In your case, I assume that you turned age 55 when you left your prior employer, so the 10% addition to tax does not apply to you (code 2).
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