Financial Results

Canadian Residential Secured Lending Portfolio Overview • • Total Canadian residential-secured lending portfolio at $199.3B, representing 30% of total loans - LTV1 on uninsured of 50% 90-day delinquency rate for RESL remains good at 14 bps; loss rates for the trailing 4 quarter period were less than 1 bp 2% of uninsured RESL balances are to borrowers with <680 FICO and >70% LTV1 Residential mortgage portfolio of $150.6B - 29% of portfolio insured • - LTV1 on uninsured of 54% 55% of the mortgage portfolio has an effective remaining amortization of 25 years or less HELOC portfolio of $48.7B outstanding of which 73% is amortizing • Condo Mortgage portfolio is $23.2B with 26% insured • GTA and GVA portfolios demonstrate better LTV1, delinquency rates and bureau scores compared to the national average Residential-Secured Lending by Region ($199.3B) $96.0 HELOC Uninsured Mortgages Insured Mortgages 26% $31.3 29% $39.2 26% $20.4 59% 16% 62% 41% 36% $7.8 13% $4.6 16% 44% 30% 48% 15% 12% 35% 43% 49% Atlantic Quebec Ontario Alberta British Canada Columbia Other $13.0 7% $35.8 18% $106.4 53% $199.3B Avg. LTV1 Atlantic Quebec Ontario Alberta Uninsured British Canada Columbia Other Total Canada $44.1 22% Mortgage Portfolio 54% 56% 55% 57% 50% 54% 54% Origination² 71% 71% 69% 72% 67% HELOC Portfolio 45% 49% 44% 50% 43% Origination 59% 68% 58% 61% 58% HELOC Amortizing Uninsured Mortgages 1 LTV is the ratio of outstanding mortgage balance or the HELOC authorization to the original property value indexed using Teranet data. Portfolio LTV is the combination of each individual mortgage or HELOC LTV weighted by the mortgage balance or HELOC authorization. 2 Origination LTV based on the originations originated within the quarter 73% 70% HELOC Revolving 45% 45% Insured Mortgages 66% 60% BMOM Risk Review ⚫ December 1, 2023 31

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