Financial Performance and Digital Progress Update

Reconciliation for non-GAAP Financial Measures ($MM) ($MM) Canadian Banking Q4/22 Q3/23 Reported Expenses 1,397 1,448 Q4/23 1,513 Canadian Banking Q4/22 Q3/23 Q4/23 Reported NIAEH 1,170 1,062 810 Amortization of Intangibles (6) (1) Amortization of Intangibles 4 1 Adjusted Expenses¹ 1,391 1,447 1,513 Adjusted NIAEH¹ 1,174 1,063 810 ($MM) ($MM) Global Wealth Management Q4/22 Q3/23 Q4/23 Global Wealth Management Q4/22 Q3/23 Reported Expenses 798 843 887 Reported NIAEH 361 366 Q4/23 327 Amortization of Intangibles (9) (9) Adjusted Expenses 789 834 (9) 878 Amortization of Intangibles 7 7 6 Adjusted NIAEH¹ 368 373 333 ($MM) ($MM) International Banking Constant FX Q4/22 Q3/23 Q4/23 International Banking Constant FX Q4/22 Reported Expenses 1,472 1,487 1,522 Reported NIAEH 705 Q3/23 638 Q4/23 562 Amortization of Intangibles (10) (10) (10) Amortization of Intangibles 8 7 Adjusted Expenses¹ 1,462 1,477 1,512 Adjusted NIAEH¹ 713 645 8 570 ($MM) Other Q4/22 Q3/23 Q4/23 ($MM) Reported Expenses 274 22 828. Other Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 Restructuring charge and severance provisions Consolidation of real estate and contract costs Impairment of non-financial assets Support costs for the Scene+ loyalty program Adjusted Expenses¹ (85) (354) Reported NIAEH (603) (913) (323) (299) (759) (87) Canada recovery dividend 579 - (133) 56 22 (346) Divestitures and wind-down of 340 - operations 41 Restructuring charge and 66 severance provisions ($MM) Reported Canadian Banking FY22 FY23 Y/Y FY22 Adjusted¹ FY23 Consolidation of real estate and Y/Y contract termination costs Revenues 12,030 12,843 6.8% 12,030 Impairment of non-financial assets (319) 258 63 273 12,843 6.8% Expenses 5,388 5,867 8.9% 5,366 5,863 9.3% Support costs for the Scene+ 98 FY23 Operating Leverage (2.1%) (2.5%) loyalty program NCI (1) (3) Global Wealth Management FY22 FY23 Y/Y FY22 FY23 Y/Y Revenues 5,381 5,291 (1.7%) 5,381 5,291 (1.7%) Adjusted NIAEH¹ (100) (334) (323) (299) (487) Expenses 3,259 3,350 2.8% 3,223 3,314 2.8% FY23 Operating Leverage (4.5%) (4.5%) International Banking FY22 FY23 Y/Y FY22 FY23 Y/Y Revenues 9,727 11,098 14.1% 9,727 11,098 14.1% Expenses 5,212 5,928 13.7% 5,173 5,887 13.8% FY23 Operating Leverage 0.4% 0.3% Global Banking and Markets FY22 FY23 Y/Y FY22 FY23 Y/Y Revenues 5,172 5,552 7.3% Expenses 2,674 3,062 14.5% FY23 Operating Leverage (7.2%) Reported Reported ($MM) Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 ($MM) Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 Global Banking and Markets Global Wealth Management Net Income Attributable to Common Shareholders Total average common equity Return on Equity 484 518 400 14,260 15,535 15,587 13.4% 13.2% 10.5% 433 13,310 12.9% 414 13,287 12.4% Net Income Attributable to Common Shareholders Total average common equity Return on Equity 361 385 352 366 326 9,701 9,835 9,732 9,743 9,797 14.8% 15.5% 14.8% 14.9% 13.2% 1 Refer to non-GAAP measures on page 20 of the Management's Discussion & Analysis in the Bank's 2023 Annual Report, available on http://www.sedarplus.ca 48

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