Investor Presentaiton

5-year 1.75 Billion Sterling Benchmark Issue Transaction Summary Issuer: Issuer Ratings: Joint Bookrunners: Size: Coupon: Province of Ontario Aa3/A+/AA-/AAL (all stable) BofA Securities, RBC Capital Markets, TD Securities GBP 1.75 Billion 0.25% Issuer Highlights • This transaction was Ontario's first bond offering in 2021 and ties for the largest ever SSA GBP issue. It was also the Province's second GBP benchmark issue in fiscal 2020-21. • 79 individual investors participated in the transaction and the final order book was in excess of GBP 2.6 billion. . • By investor type, asset managers led the transaction (53%) while by geography, United Kingdom saw the largest allocation (47%). Settlement Date: Maturity Date: Offer Spread: January 13, 2021 December 15, 2026 +38 bps over UKT 1.50% Jul-2026 Distribution by Geography 22% 31% Ontario 47% United Kingdom Europe (non-UK)/ Middle East Investor Demand by Type 13% 53% 34% Rest of the World ■Asset Managers/ Insurance ■Banks/Bank Treasuries/Corporates ■Central Banks/Official Institutions* May include government/public sector pension plans, government/public sector investment agencies/boards, and/or other. 16

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