Investor Presentaiton

Canadian Personal & Commercial Banking • • • • Strengths and Value Drivers Highly engaged team focused on providing a personalized banking experience, anticipating customers' needs and finding new ways to help Top-tier commercial banking business, number two ranking in Canadian market share for business loans up to $25 million Strong and growing retail banking business, accelerating digital engagement and digital sales Largest Mastercard® card issuer in Canada Consistently applied credit risk management practices, providing reliable access to appropriate financing solutions Net Income Q3'21 Highlights (Adjusted¹) $815MM Net Income Growth (Y/Y) Revenue Growth (Y/Y) 155% 14% PPPT2 Growth (Y/Y) 19% 28.6% 46.7% 5.4% $265B $227B ROE Efficiency Ratio Operating Leverage Average Loans and Acceptances Average Deposits Net Income¹ ($MM) and NIM (%) Revenue ($MM) 2.54 2.60 2.66 2.66 2.62 2,241 Reported Net 2,031 2,099 2,142 1,962 815 765 898 737 Income 807 842 745 778 648 319 Commercial 319 737 764 815 Adjusted Net Personal 647 Income 1,217 1,253 1,292 1,300 1,343 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 ►NIM Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 1 Adjusted measures are non-GAAP measures, see slide 2 for more information. Q3'21 on a reported basis: Net Income $815MM; Net Income Growth 155%; PPPT Growth 19%; ROE: 28.6%; Efficiency Ratio 46.7%; Operating Leverage 5.4% 2 Pre-Provision Pre-Tax profit contribution; PPPT is the difference between revenue and expenses BMO Financial Group Investor Presentation • October 2021 20 20

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