Investor Presentaiton

Global Banking and Markets $MM Q1/21 Y/Y Q/Q Reported • Net Income¹ $543 46% 18% Pre-Tax, Pre Provision Profit $722 41% 15% Revenue $1,336 15% 10% • Expenses $614 (6%) 5% PCLS $20 (17%) (68%) Productivity Ratio 46.0% (1,000 bps) (220 bps) PCL Ratio² 0.08% (1 bp) (16 bps) • PCL Ratio Impaired Loans² 0.06% (8 bps) (7 bps) Adjusted³ • Net Income¹ $543 20% 18% • Pre-Tax, Pre Provision Profit $722 17% 15% • Revenue $1,336 5% 10% PCLS $20 11% (68%) • Productivity Ratio 46.0% PCL Ratio² 0.08% (550 bps) 1 bp (220 bps) (16 bps) 1 Attributable to equity holders of the Bank 2 Includes provision for credit losses on certain assets - loans, acceptances and off-balance sheet exposures 3 Refer to Non-GAAP Measures on slide 37 for adjusted results YEAR-OVER-YEAR HIGHLIGHTS Adjusted net income³ +20% o Strong fixed income trading, M&A and equity underwriting Adjusted revenue³ +5% o Net interest income +10% o Non-interest income³ +4% Deposits +33% Expenses -6% Adjusted productivity ratio³ improved by 550 bps Adjusted operating leverage³ +11% PCL ratio² of 8 bps ADJUSTED NET INCOME ¹³ ($MM) AND ROE³ (%) 14.0% 15.4% 17.5% 14.6% 17.3% 600 523 543 451 460 Q1/20 Q2/20 Q3/20 Q4/20 Q1/21 9

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