Investor Presentaiton

Canadian Retail Strong quarter with record revenue Net income up 6% YoY Revenue up 7% YoY ■ Volume and margin growth, higher fee-based revenue in banking and higher insurance volumes, partially offset by lower wealth revenue Loan volumes up 9% PCL ■ Deposit volumes up 7% TD P&L ($MM) Reported Q3/22 QoQ YOY Revenue 7,020 6% 7% 170 +$110 +$70 Impaired 142 ($21) ($12) Performing 28 +$131 +$82 Insurance Claims 829 40% (1%) Expenses 2,957 1% 8% Net Income ROE7 2,253 1% 6% 42.9% -170 bps -470 bps $2,137 $2,254 $2,236 $2,253 Wealth assets 34 down 3% NIM7,35 of 2.70% Up 8 bps QoQ: higher deposit margins reflecting rising interest rate environment, partially offset by lower loan margins ■ Up 9 bps YoY: higher deposit margins reflecting rising interest rate environment, partially offset by lower loan margins and mortgage prepayments PCL of $170MM Expenses up 8% YoY ■ Higher spend supporting business growth, including technology and employee-related expenses Efficiency ratio of 42.1% Earnings ($MM) $2,125 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 21 24

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