Acquisition of Marshall & Ilsley Corp. slide image

Acquisition of Marshall & Ilsley Corp.

Transforming BMO's U.S. Operations Marshall & Ilsley Corp. ("M&I") represents an excellent strategic, financial, and cultural fit with BMO Strategically Compelling Financially Attractive Excellent Cultural Fit Consistent with BMO's strategy of expanding our U.S. business ○ Transforms and strengthens BMO's U.S. operations by increasing scale and combining the best from both organizations Positions the business for growth through exposure to M&I's multiple markets Delivers compelling transaction economics BMO's strong capital position will be maintained O Capitalizes on opportune economic, regulatory and market environment ● Extensive due diligence on loan portfolio and prudent loan valuation. ○ Combines two organizations with strong customer focus Consistent values, vision and culture BMO Financial Group Acquisition of Marshall & Ilsley Corp. December 17, 2010 3
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