Investor Presentaiton

Global Wealth Management YEAR-OVER-YEAR HIGHLIGHTS Adjusted Net Income up 11%² Revenue up 5% o Up 7% excluding impact of divestitures o Strong AUA/AUM growth Solid brokerage revenue growth Adjusted Expenses up 2%² 。 Volume related expense growth $MM, except AUM/AUA Q1/20 Y/Y Q/Q Reported • Net Income¹ $306 +12% +2% • Pre-Tax, Pre Provision Profit $420 +12% +4% Revenue $1,157 +5% +1% Expenses $737 +2% (1%) PCLS $1 (50%) N/A Productivity Ratio 63.7% (210 bps) (110 bps) • AUM ($B) $298 +6% (1%) AUA($B) $497 +7% Adjusted² • Net Income¹ $318 +11% +1% Pre-Tax, Pre Provision Profit $435 +11% +3% Expenses $722 +2% PCLS N/A N/A Productivity Ratio 62.4% (180 bps) (70 bps) 12.3% • Positive adjusted operating leverage of 3%² Improved industry leading productivity ratio² Strong AUM growth of 6% and AUA growth of 7% 。 Market appreciation o Positive net sales in Mutual Funds ADJUSTED NET INCOME ¹² ($MM) AND ROE² (%) 13.5% 13.5% 13.6% 13.7% 286 303 313 314 318 Q1/19 Q2/19 Q3/19 Q4/19 Q1/20 1 Attributable to equity holders of the Bank 2 Refer to Non-GAAP Measures on Slide 36 for adjusted results 9

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