Investor Presentaiton

Q3 2020 Financial Performance $MM, except EPS Q3/20 Y/Y Q/Q Reported • Net Income $1,304 (34%) (2%) . Pre-Tax, Pre Provision Profit $3,716 +8% +3% Diluted EPS $1.04 (31%) +4% • Revenue $7,734 1% (3%) Expenses $4,018 (5%) (8%) • Productivity Ratio 52.0% (300 bps) (280 bps) Core Banking Margin 2.10% (35 bps) (25 bps) PCL Ratio¹ 136 bps +88 bps +17 bps • PCL Ratio on Impaired Loans¹ 58 bps +6 bps +2 bps Adjusted² • Net Income $1,308 (47%) (5%) . Pre-Tax, Pre Provision Profit $3,738 (3%) +2% Diluted EPS $1.04 (45%) Revenue $7,689 (3%) (3%) YEAR-OVER-YEAR HIGHLIGHTS Adjusted EPS down 45%² Pre-tax, pre-provision profit (PTPP) down 3%², up 2% excluding divestitures Adjusted Revenue down 3%² or flat excluding impact of divestitures Core banking NIM down 35 basis points o Excess balance sheet liquidity and margin compression in business lines Adjusted Expenses declined 4%² or -1.6% excluding impact of divestitures YTD PTPP up 7%² ex. divestitures Adjusted YTD operating leverage of -0.5%², +1.1%² excluding divestitures ADJUSTED NET INCOME³ BY BUSINESS SEGMENT ($MM) Expenses $3,951 (4%) (8%) Productivity Ratio 51.4% (30 bps) (260 bps) -53% Y/Y -93% Y/Y4 +60% +6% Y/Y Y/Y 914 761 433 53 600 312 332 374 CB IB GWM GBM 1 Provision for credit losses on certain assets - loans, acceptances and off-balance sheet exposures 2 Refer to Non-GAAP Measures on slide 45 for adjusted results 3 After non-controlling interests 4Y/Y growth rate is on a constant dollars basis Q3/19 Q3/20 15 15

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