Investor Presentaiton

Global Wealth Management $MM, except AUM/AUA Q4/21 Y/Y Q/Q Reported Net Income¹ $385 20% (1%) Pre-Tax, Pre-Provision Profit² $523 19% Revenue $1,347 16% 1% Expenses $824 13% 1% PCLS $1 nmf nmf Productivity Ratio4 61.1% (120 bps) 20 bps AUM ($B)4 $346 19% 1% AUA ($B)4 $597 19% 2% Adjusted 4 Net Income¹ $392 18% (1%) • Pre-Tax, Pre-Provision Profit $532 18% Expenses $815 14% Productivity Ratio 60.5% (60 bps) 1% 30 bps AUM³ AUA³ +19% +19% Y/Y Y/Y 346 582 597 341 34 31 -17% 500 107 109 +3% • • • YEAR-OVER-YEAR HIGHLIGHTS Adjusted net income up 18% 。 Canadian wealth management up 18% (eleven consecutive quarters of double-digit Y/Y growth) o International wealth management up 24% on a constant FX basis 5 Revenue up 16% o Higher fee income from growth in client assets o Higher brokerage fees o Strong volume growth in Private Banking Adjusted expenses up 14% (volume driven) FY21 adjusted operating leverage 5 of positive 3.1% 。 Eight consecutive quarters of positive operating leverage AUM and AUA up 19% 。 Strong net sales and market appreciation o Record FY21 net sales of approximately $12 billion ADJUSTED NET INCOME¹ ($MM) AND ROE5 (%) 290 37 Y/Y Y/Y 17.9% 16.7% 16.8% 16.6% 106 14.3% 425 307 315 +25% 475 488 253 Y/Y 394 +24% Y/Y 62 333 363 378 397 392 ■ Canada Q4/20 Q3/21 Q4/21 Q4/20 ■International Q3/21 Q4/21 2 Pre-Tax, Pre-Provision Profit defined as revenues less expenses 1 Attributable to equity holders of the Bank 3 Prior period amounts have been restated to conform with current period presentation with intersegment Q4/20 Q1/21 Q2/21 ■ Performance Fees Q3/21 4 Refer to page 141 of the Management's Discussion & Analysis in the Bank's 2021 Annual Report, available on http://www.sedar.com, for an explanation of the composition of the measure. Such explanation is incorporated by reference hereto 5 Refer to non-GAAP measures on page 17 of the Management's Discussion & Analysis in the Bank's 2021 Annual Report, available on http://www.sedar.com Q4/21 9

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