Investor Presentaiton

Canadian Residential Mortgages – LTVs* Credit fundamentals remain strong NEW ORIGINATIONS UNINSURED LTV* DISTRIBUTION GVA 62% BC & Territories 63% Q2/19 Q1/20 Q2/20 Canada Total Originations ($B) Uninsured LTV 7.1 11.2 10.5 64% 64% 64% GTA 62% GTA Total Originations ($B) Uninsured LTV 2.3 3.7 3.3 64% 63% 62% GVA Atlantic Prairies 66% ON QC 63% 67% Provinces 67% Total Originations ($B) Uninsured LTV 0.9 1.4 63% 63% 1.4 62% *Average LTV ratios for our uninsured residential mortgages originated during the quarter FICO® DISTRIBUTION - CANADIAN UNINSURED PORTFOLIO² Average FICO® Score 60% Canada 792 GTA 794 GVA 798 15% 10% 11% 4% < 635 636 - 706 707-747 748-788 > 788 FICO is a registered trademark of Fair Isaac Corporation 2 FICO distribution for Canadian uninsured portfolio based on score ranges at origination 3 Percentage is based on Total Mortgages *Above figures include Wealth Management Only <0.66% of uninsured portfolio³ has a FICO® score of <620 and an LTV >65% Canadian uninsured mortgage portfolio is $144 billion as at Q2/2020 27 27

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