Investor Presentaiton

Ontario GDP Growth Projected to Normalize Nominal GDP Growth (Per Cent) 12 10.3 10 9.2 8 5.1 5.5 CO 6 ■GDP Inflation ■Real Growth 4.8 4.2 3.6 4 5.2 2.0 2.9 2.2 3.7 2.5 2 2.8 2.4 2.0 1.1 0.5 0 2021 2022 2023p 2024p 2025p 2026p Ontario p = Ontario Ministry of Finance planning projection based on external sources as of September 29, 2023. Sources: Statistics Canada and Ontario Ministry of Finance. CO 6

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