Investor Presentaiton

Canadian Banking $MM Q2/21 Y/Y Q/Q Reported Net Income¹ $927 95% 2% Pre-Tax, Pre-Provision Profit $1,395 7% (3%) Revenue $2,624 4% (1%) Expenses $1,229 1% 2% PCLs $145 (78%) (32%) Productivity Ratio 46.8% (150 bps) 130 bps Net Interest Margin 2.26% (7 bps) PCL Ratio² 16 bps (61 bps) (7 bps) PCL Ratio on Impaired Loans² 27 bps (9 bps) 4 bps • Adjusted³ • Net Income¹ $931 94% 2% • Pre-Tax, Pre-Provision Profit $1,400 7% (3%) Expenses Productivity Ratio $1,224 1% 2% 46.6% (150 bps) 130 bps • . YEAR-OVER-YEAR HIGHLIGHTS Adjusted net income 1,3 +94% (+2% Q/Q) o Pre-Tax, Pre-Provision profit +7% o PCLs down 78% from improving credit quality and macroeconomic outlook Revenue +4% (-1% Q/Q) 。 Non-interest income up 20% as fee income rebounded alongside an improving economy and transaction volumes 。 Net interest income down 1% due to lower margins Adjusted expenses³ +1% YTD adjusted operating leverage³ +1.6% Loan growth of +4% o Residential mortgages +8% o Business loans +4% Deposit growth of +17% o Personal +11%, Non-personal +31% • NIM -7 bps (flat Q/Q) o Changes in business mix and Bank of Canada rate cuts .1,3 ADJUSTED NET INCOME ¹³ ($MM) AND NIM (%) 2.33% 2.26% 2.26% 2.26% 2.26% 915 931 782 481 433 Q2/20 Q3/20 Q4/20 Q1/21 Q2/21 1 Attributable to equity holders of the Bank 2 Includes provision for credit losses on certain assets - loans, acceptances and off-balance sheet exposures 3 Refer to Non-GAAP Measures on slide 37 for adjusted results 7

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