Investor Presentaiton

Global Banking and Markets $MM Q4/21 Y/Y Q/Q Reported • Net Income¹ $502 9% (2%) Pre-Tax, Pre-Provision Profit² $586 (7%) (7%) Revenue $1,177 (3%) (6%) Expenses $591 1% (5%) • PCLs ($50) nmf nmf Productivity Ratio³ 50.3% 210 bps 80 bps PCL Ratio4 (18 bps) (42 bps) (7 bps) YEAR-OVER-YEAR HIGHLIGHTS Net income up 9% (down 2% Q/Q) o Releases in provisions for credit losses o Normalization in Capital Markets Revenue down 3% (down 6% Q/Q) 。 Net interest income up 4% (up 1% Q/Q) o Non-interest income down 6% (down 9% Q/Q) PCL Ratio Impaired Loans4 1 bp (12 bps) (2 bps) . Loans down 4% (up 2% Q/Q) • Deposits up 7% (up 3% Q/Q) • Expenses up 1% (down 5% Q/Q) • Productivity ratio increased 80 bps Q/Q ADJUSTED NET INCOME ($MM) AND ROE (%) 14.6% 17.3% 17.4% 16.1% 15.5% 543 517 513 502 460 Q4/20 Q1/21 Q2/21 Q3/21 Q4/21 1 Attributable to equity holders of the Bank 2 Pre-Tax, Pre-Provision Profit defined as revenues less expenses 3 Refer to page 141 of the Management's Discussion & Analysis in the Bank's 2021 Annual Report, available on http://www.sedar.com, for an explanation of the composition of the measure. Such explanation is incorporated by reference hereto 4 Refer to non-GAAP measures on page 17 of the Management's Discussion & Analysis in the Bank's 2021 Annual Report, available on http://www.sedar.com 10 10

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