Investor Presentaiton

PCLs by Business Line Stable PCL ratio TOTAL PCLs ($MM) 1, 2, 3 AND PCL RATIO² 47 bps 51 bps 50 bps 51 bps 48 bps 771 722 713 753 688 4 -18 3 247 250 253 231 241 470 477 476 502 503 -16 -6 -4 Q1/19 Q2/19 Q3/19 Q4/19 Q1/20 International Banking Canadian Banking Global Banking and Markets Other YEAR-OVER-YEAR HIGHLIGHTS Total PCL ratio² was 51 bps, up 1 bp Q/Q, and up 4 bps Y/Y Higher PCL rates impacted by organic growth and additional provisions in Global Banking and Markets PCL Ratio by Business Line (bps) Q1/19 Q2/19 Q3/19 Q4/19 Q1/20 Canadian Banking International Banking 284 314 284 28 282 1294 1312,4 1254 1354 1362,4 Global Wealth Management5 Global Banking and Markets All Bank -7 47 -2 512 -1 48 24 50 72 512 1Includes provision for credit losses on debt securities and deposit with banks of $nil million in Canadian Banking (Q1/19: $2 million, Q2/19: -$1 million, Q3/19: -$1 million), -$1 million in International Banking (Q1/19: $2 million, Q2/19: -$1 million, Q3/19: $1 million, Q4/19: -$3 million), $nil million in Global Banking and Markets (Q4/19: -$1 million) and $1 million in Other (Q1/19: -$1 million, Q2/19: $1 million, Q4/19: $1 million) 2 Refer to Non-GAAP Measures on Slide 36 for adjusted results 3 Other includes provisions for credit losses in Global Wealth Management of $nil million (Q1/19: $2 million, Q2/19: -$1 million, Q3/19: -$1 million) 4 Excludes provision for credit losses on debt securities and deposit with banks 5 PCL ratios are not material 13

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