RBC Business Segments Overview slide image

RBC Business Segments Overview

Investor & Treasury Services ■ Key businesses Specialist provider of asset servicing, custody and payments services for financial and other institutional investors worldwide, combined with an enterprise funding and liquidity business Top 10 global custodian by AUA - Awarded Transfer Agent of the Year(1), Best Custodian Overall, #1 Custodian in Europe and #1 Custodian in North America(2) Canadian leader in cash management, correspondent banking and trade finance for financial institutions (processing >50% of all payments into Canada) Funding and liquidity management for RBC Revenue and Net Income ($ millions) Net Income Q1/2014: $106 MM Q1/2015: $142 MM ☐ ☐ Business objectives RBC In Canada, be the #1 provider of domestic custody, asset servicing and cash management services Compete in offshore domicile markets, as a leading provider of fund services from centers of excellence in Luxembourg and Ireland Maintain a selective presence in global markets, in support of Investor & Treasury Services' global offshore strategy Operational excellence globally; providing best in class solutions with a continued focus on efficiency Assets under administration (4) ($ billions) CAGR: 12% Efficiency Ratio (%) 1,884 1,804 905 441 370 315 339 102 .. 452 3,209 2,887 3,703 3,725 77% 75% 68% 62% 506 2012 2013 2014 Q1/2014 Q1/2015 (3) 2012 2013 2014 Q1/2015 2012 2013 2014 Q12015 Revenue Net Income Adjusted Net Income Investor Relations 16 (1) Global Investor/ISF magazine's Global Custody Survey 2014. (2) Custody Risk European Awards 2014. (3) Adjusted net income excludes a loss of $224 million ($213 million after-tax) related to our acquisition of the remaining 50% stake of RBC Dexia in Q3/2012 and $44 million ($31 million after-tax) related to the integration of Investor Services in Q2/2013. These are non- GAAP measures. For additional information, see slide 23. (4) Spot balances, as at January 31, 2015
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