Energy Portfolio and Canadian Mortgage Overview

Strong Capital Generation Clear path to higher capital ratio CET1 Ratio 11.1% -18 bps +26 bps -19 bps -6 bps -6 bps +4 bps 11.4% +49 bps Q4/19 Reported Earnings Less Dividends RWA Growth (ex. FX) Share Buybacks (Net of Issuances) Pension Regulatory Changes Other (net) Non-core Divestitures Q1/20 Reported Internal Generation Strong Capital Levels 14.6% 2.1% 1.4% 14.7% 14.8% 14.2% 14.6% 2.2% 2.5% 2.0% 2.1% 1.4% 1.1% 1.1% 1.1% 11.1% 11.1% 11.2% 11.1% 11.4% Q1/19 Q2/19 Q3/19 Q4/19 Q1/20 CET1 Tier 1 Tier 2 17

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