Financial Markets Summary Q4 2022

APPENDIX 15 | OIL & GAS AND UTILITIES-PIPELINES SECTORS O&G Producers and Services Exposure Gross Loans in $MM and % of Total Loans $3,956 3.7% 64% reduction in outstanding loans ■ $1,435 0.7% ■ Q1 15 O&G and Utilities-Pipelines sectors Total Gross Loans of $4.4B as at October 31, 2022 Q4 22 4% 5% 9% 82% Q1 15 Producers Producers share declined to 28% Midstream Services 10% 4% IG: 100% IG: 31% IG: 91% 58% 28% Q4 22 IG: 63% Refinery & Integrated O&G producers and services exposure significantly reduced 64% reduction in outstanding loans: down from $4B in Q1/15 to $1.4B in Q4/22 ■ Reduction as a % of total loans: down from 3.7% in Q1/15 to 0.7% in Q4/22 Canadian focused strategy, minimal direct US exposure Overall O&G and Utilities-Pipelines sectors refocused from mid-cap to large cap ■ Producers share declined from 82% in Q1/15 to 28% in Q4/22 ■ 82% of the portfolio is Investment Grade Very modest indirect exposure to unsecured retail loans in the oil regions (~0.1% of total loans) 34 | =4

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