Financial Markets Summary Q4 2022

APPENDIX 16 | COMMERCIAL BANKING CRE (1) PORTFOLIO Commercial Banking CRE 5-year growth ($B) Industrial Other $0 4 $15.1 $1.0 Office Retail Residential Uninsured ■Residential Insured $2.4 $7.5 $0.3 $0.1 $0.2 $0.7 $0.6 $1.2 $1.7 $2.6 $1.1 Q4 17 Retail $3.8 $3.0 $1.4 $1.8 ☐ $3.0 $4.9 Office Industrial Other Residential Q4 22 Portfolio mix evolution ■ Office ■ Retail ■ Residential Uninsured ■ Residential Insured 35% 20% Commercial Banking portfolio of $15.1B accounts for 86% of total CRE portfolio ☐ 50% of 5-year growth coming from Residential Insured Residential (53% of Commercial Banking CRE) Insured loans accounted for all of the growth QoQ Insured portfolio now represents 62% LTV on uninsured ~62% Insured loans accounted for 90% of 5-year growth Retail (12% of Commercial Banking CRE) ☐ ■ Share of portfolio reduced by half over 5 years Portfolio LTV -60% ☐ ~50% of leases with essential services tenants Office (9% of Commercial Banking CRE) ☐ Share of portfolio reduced by ~41% over 5 years ◉ Portfolio LTV ~62% 33% Long term leases (over 6 years) 23% 16% 15% 12% 9% Other (20% of Commercial Banking CRE) Q4 17 Q4 22 Office Q4 17 Q4 22 Retail Q4 17 Residential Q4 22 Mainly construction phase of long-term financing, primarily residential (about 50% is insured) (1) Commercial Real Estate. 35

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