2020 Economic Outlook

Diversified business and geographic model with client-leading franchises Earnings by Business Segment(1) Latest twelve months ended January 31, 2020 Revenue by Geography (1) Latest twelve months ended January 31, 2020 Investor & Treasury Services 3% Insurance 6% Wealth Management 20% Capital Markets 22% Personal & Commercial Banking 49% International 15% U.S. 23% Canada 62% (1) Amounts exclude Corporate Support. These are non-GAAP measures. For more information, refer to Results by business segment section of our 2019 Annual Report. 5 | ABOUT RBC RBC

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