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Investor Presentaiton

Canada Inflation and CPI Composition Canada inflation: Consumer price index (CPI) 10% 10% Canada CPI basket weights (eight major groups) Alcohol & tobacco Recreation, education & reading 8% 8% 9.9% Total CPI (y/y) Health & personal care 6% 6% 5.0% Core CPI (y/y) 4% 4.0% 4% 3.6% Transportation 16.4% 2% 2% M 0% 4.5% 0% 4.7% Clothing & footwear 14.4% -2% -2% 1990 1995 2000 2005 2010 2015 2020 2025 Household operations, furnishings & equipment NATIONAL BANK ANGUS WATT FINANCIAL WEALTH MANAGEMENT ADVISORY GROUP+ Food 16.7% 28.3% Shelter Source: National Bank CIO Office (Dada via Refinitiv)

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