Earnings and Dividend Growth

Q3 2021 Financial Performance $MM, except EPS Q3/21 Y/Y Q/Q Reported Net Income $2,542 95% 4% • Pre-Tax, Pre-Provision Profit $3,660 (2%) (1%) • Diluted EPS $1.99 91% 6% Revenue $7,757 Expenses $4,097 2% 1% Productivity Ratio 52.8% 80 bps 60 bps Core Banking Margin 2.23% 13 bps (3 bps) PCL Ratio¹ 24 bps (112 bps) (9 bps) PCL Ratio on Impaired Loans¹ 53 bps (5 bps) (27 bps) Adjusted² Net Income $2,560 96% 3% Pre-Tax, Pre-Provision Profit $3,684 (1%) (1%) Diluted EPS $2.01 93% 6% • Revenue $7,757 1% • Expenses $4,073 3% Productivity Ratio 52.5% 110 bps 1% 60 bps YEAR-OVER-YEAR HIGHLIGHTS Adjusted EPS² up 93%; up 6% Q/Q Adjusted pre-tax, pre-provision profit² down 1% Adjusted revenue² up 1%, or up 5% excluding the impact of foreign exchange o Non-interest income up 3% or up 7% excluding the impact of foreign exchange o Net interest income down 1%, or up 3% excluding the impact of foreign exchange Core banking margin up 13 bps Adjusted expenses² up 3% (up 1% Q/Q) YTD adjusted operating leverage² of +1.6% Strong ROE² of 15.1% ADJUSTED NET INCOME² YEAR-OVER-YEAR ($MM) ADJUSTED NET INCOME 2,3 BY BUSINESS SEGMENT ($MM) (122) 1,801 (495) 104 2,560 (36) 1,083 1,308 433 332 397 600 513 53 493 Q3/20 Net interest Non interest Income income PCLS Non-interest Taxes expenses Q3/21 Canadian Banking Global Wealth Management Global Banking and Markets International Banking 1 Includes provision for credit losses on certain assets - loans, acceptances and off-balance sheet exposures 2 Refer to Non-GAAP Measures on slide 80 for adjusted results ■ Q3/20 Q3/21 10 3 Attributable to equity holders of the Bank

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