Embracing Fintech

Credit Quality GILS ($MM) AND GIL RATIO1 77 bps 84 bps 81 bps 73 bps 67 bps 64 bps 60 bps 58 bps 27 4,770 218- 5,279 39 5,116 33 -224 1,067 -2864,735 28 -235 1,040 1,106 921 4,456 26 4,435 32 4,264,32 4,252,27 -219 -231 168 130 941 904 824 771 3,949 3,419 3,757 3,551 3,270 3,268 3,240 3,324 Q1/20 Q1/21 Q2/21 Q3/21 Q4/21 (Pre-pandemic) Q1/22 Q2/22 Q3/22 NET WRITE-OFFS ($MM) AND NET WRITE-OFFS RATIO1 76 bps 62 bps 54 bps 43 bps 1,141 34 bps 27 bps 25 bps 13 21 bps 983 1 219 8 173 827 27- 674 256 -25 560 1 201 1 457 3 123 910 -4 801 139 422 144 4 385 3 132 544 448 435 311 274 283 `(1) Q1/20 Q1/21 (Pre-pandemic) Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 (33) • HIGHLIGHTS GIL ratio continued to improve due to recoveries in Canadian Banking and Global Banking and Markets HIGHLIGHTS Net write-offs ratio declined 4 bps Q/Q and remained at historic lows, driven by low impairments in retail banking and recoveries in business banking Net write-offs declined 61% Y/Y and 9% Q/Q International Banking Canadian Banking Global Banking and Markets Global Wealth Management 1 Refer to page 51 of the Management's Discussion & Analysis in the Bank's Third Quarter 2022 Report to Shareholders, available on http://www.sedar.com, for an explanation of the composition of the measure. Such explanation is incorporated by reference hereto 45

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