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Financial Review | Q3/22 Financial Performance Non-interest expenses (NIE) Diluted EPS ROE(2)(4) Efficiency ratio(3)(4) Y/Y Highlights • · Total revenue up by $5.1MM, reflecting an increase in NII of $13.8MM, partly offset by lower Other income, down by $8.7MM PCL up by $11.2MM, mainly as a result of higher provisions on performing loans due to the less favourable macroeconomic outlook NIE on a reported basis included a $7.1 million net gain on the settlement of pension plans resulting from annuity purchases in 2021 Positive adjusted operating leverage Q/Q Highlights Reported ($MM) Q3/22 Y/Y Q/Q Total revenue $ 260.0 +2% -% Provision for credit losses (PCL) $ 16.6 +208% +28% $ 177.5 +4% +3% • Pre-tax pre-provision (PTPP) income (1)(4) $ 82.5 -3% -6% Net income $ 55.9 -10% -6% $ 1.18 -11% -12% 8.4% -100 bps -160 bps 68.3% +150 bps +200 bps • CET1 capital ratio(5) 9.1% -120 bps -20 bps Adjusted ($MM) Q3/22 Y/Y Q/Q • Adjusted NIE(1)(4) $174.4 -% +3% Adjusted pre-tax pre-provision income(1)(4) $ 85.5 +6% -5% Adjusted net income (1)(4) $ 58.2 -2% -6% 254.9 259.6 Adjusted diluted EPS (2)(4) Adjusted ROE(2)(4) Adjusted efficiency ratio(2)(4) $ 1.24 8.7% 67.1% -1% -11% -20 bps -130 bps -160 bps +190 bps Total revenue was relatively in line with last quarter, as higher interest income was offset by lower financial market related non- interest revenues PCL up by $3.6MM, mainly as a result of higher provisions on performing loans due to the less favourable macroeconomic outlook (2)(4) Total Revenue ($ MM) Adjusted Efficiency Ratio 260.0 68.4% 65.2% 67.1% Q3/21 Q2/22 Q3/22 Q3/21 Q2/22 Q3/22 (1) This is a non-GAAP financial measure. (2) This is a non-GAAP ratio. (3) This is a supplementary financial measure. (4) For more information, refer to page 3 of this presentation and to the Non-GAAP Financial and Other Measures section beginning on page 5 of the Third Quarter 2022 Report to Shareholders, including the MD&A as at and for the period ended July 31, 2022, which pages are incorporated by reference herein. (5) In accordance with OSFI's "Capital Adequacy Requirements" guideline. Seeing beyond numbers." Voir au-delà des chiffres." 13

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