Investor Presentaiton

Canadian Banking: Residential Mortgages High quality, diversified portfolio; Credit fundamentals remain strong ⚫ Four Distinct Distribution Channels: All adjudicated under the same standards o 1. Broker (~58%); 2. Branch (~20%); 3. Mobile Salesforce (~21%) and 4. eHOME (~1%) FICO® Distribution - Canadian Uninsured Portfolio 1,2 Q4/19 Q3/20 Q4/20 Average FICO® Score Canada 791 GTA 794 GVA 792 15% 9% 10% 3% < 635 636-706 707-747 748-788 63% Canada Total Originations ($B) Uninsured LTV 13.3 13.0 16.6 65% 64% 64% Greater Toronto Area Total Originations ($B) Uninsured LTV Greater Vancouver Area Total Originations ($B) Uninsured LTV 4.2 3.7 5.0 64% 62% 63% 1.6 1.5 15 1.9 64% 63% 63% > 788 Canadian Mortgage Portfolio³: $245B (Spot balances as at Q4/20, $B) $129.1 $16.6 Freehold $209B (85%) Condos - $36B (15%) 38% Insured $112.5 $46.8 $12.2 Total Portfolio³: $34.6 $31.4 $27.6 $245 billion Ontario BC & Territories Alberta $3.8 $16.9 $14.8 Quebec $2.1 $11.1 $10.9 $0.2 $9.8 $0.7 $9.1 Atlantic Provinces % of portfolio 52.7% 19.1% 12.8% 6.9% 4.5% 4.0% Manitoba & Saskatchewan 62% 1 FICO® distribution for Canadian uninsured portfolio based on score ranges at origination. FICO is a registered trademark of Fair Isaac Corporation 2LTV calculated based on the total outstanding balance secured by the property. Property values indexed using Teranet HPI data 3 Includes Wealth Management Uninsured 24

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