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Investor Presentation

Delivering strong long-term shareholder returns • Dividends Declared ($ per share) BMO has the longest-running dividend payout record of any company in Canada, at 195 years . Dividend Yield1: 4.8% • Current declared quarterly dividend: $1.51; up 6% Y/Y Total Shareholder Return³ (%) 14.7 9.9 10.1 F2023 15-year CAGR² 5% $2.80 2.80 2.80 2.82 2.94 3.08 3.24 3.40 3.56 4.24 4.24 $6.04 5.80 5.44 2009 2010 2011 2012 2013 2014 2015 4.06 3.78 2016 2017 2018 2019 2020 2021 2022 2023 9.6 10.3 8.2 3-year 5-year ■BMO Peer Average S&P/TSX Composite 1 Calculated as at January 31, 2024 and based on dividend declared on February 27, 2024, annualized 2 Compound annual growth rate 3 As at January 31, 2024; Peers: BNS, CM, NA, RY, TD; S&P/TSX Composite is S&P/TSX Composite Total Return Index 4 Based on the Q2'24 declared dividend of $1.51 annualized BMOM Investor Presentation ⚫ February 2024 8
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