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Investor Presentaiton

RETAIL MORTGAGE AND HELOC PORTFOLIO (As at January 31, 2024) Canadian Distribution by Province 54% 77% 29% Uninsured & HELOC ■Insured ☐ ◉ 74% 7% ■ 6% 4% 23% 29% 26% 71% 69% 31% QC ON AB BC Other Provinces 53% 54% 58% 48% 52% 45% 55% Uninsured mortgages and HELOC in GTA and GVA represent 12% and 2% of the total RESL portfolio and have an average LTV(1) of 52% Uninsured mortgages and HELOC for condos represent 9% of the total RESL portfolio and have an average LTV(1) of 58% Investor mortgages (3) account for 11% of the total RESL portfolio High risk (4) uninsured borrowers represent less than 50 bps of total RESL portfolio Approx 1% of mortgage portfolio has a remaining amortization of 30 years or more Canadian Distribution by Mortgage Type Average LTV - Uninsured and HELOC(1) Canadian Uninsured and HELOC Portfolio Average LTV(1) Average Credit Bureau Score 90+ Days Past Due (bps) HELOC Uninsured 51% 57% 793 781 8 9 (1) LTV is based on authorized limit for HELOCs and outstanding amount for Uninsured Mortgages. They are updated using Teranet-National Bank sub-indices by area and property type. (2) Of which $20.6B are amortizing HELOC. (3) Properties used for rental purposes and not owner-occupied. (4) Bureau score < 650 / LTV > 75% HELOC $29.4B(2) / 32% Insured $26.1B V 29% $91.3B Uninsured $35.8B / 39% 16 |
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