Investor Presentation

Credit Quality GILs ($MM) AND GIL RATIO1 81 bps 81 bps 84 bps 81 bps 73 bps 67 bps 64 bps 60 bps 5,148 26 5,053 26 5,279 39 5,116 33 -224 -209 -302 -286 4,735 28 1,067 1,209 1,040 -235 4,456 26 4,435,32 -219 -231 1,049 921 941 904 4,264,32 824 168 3,704 3,676 3,949 3,757 3,551 3,270 3,268 3,240 Q3/20 Q4/20 Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 NET WRITE-OFFS ($MM) AND NET WRITE-OFFS RATIO¹ 76 bps 62 bps 47 bps 41 bps 43 bps 34 bps 1,141 27 bps 25 bps 13 219 983 1 8 173 750 33 674 632 -25 -26 266 201 560 1 123 1 3 457 227 422 4 910 4 801 139 144 450 448 435 379 311 274 Q3/20 Q4/20 Q1/21 Q2/21 (1) Q3/21 Q4/21 Q1/22 Q2/22 • HIGHLIGHTS GIL ratio continues to improve due to: О Lower formations across all portfolios Strong Canadian consumer and corporate balance sheet Lower GILs in International retail as a result of favourable credit performance • HIGHLIGHTS Net write-offs continue to improve, declining 63% Y/Y and 8% Q/Q Fourth consecutive quarter of lower net write-offs in International Banking Net write-offs ratio declined 2 bps Q/Q as Canadian and International retail write-offs remain at historically low levels driven by low impairments 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 Second 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 43

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