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Investor Presentaiton

Potential capital deployment* of ~$350 million at Dec. 30, 2022 to support growth and ROE expansion, with a significant increase expected upon transition to IFRS 9 and IFRS 171 $ Organic growth Investing in digital evolution to propel growth Acquisitions To strengthen strategic positioning Dividends 25%-35% payout ratio target range Based on core earnings NCIB Up to 5% of oustanding shares (between Nov. 14, 2022 and Nov 13, 2023) 1 Expected estimated combined impact of IFRS 9 and IFRS 17 transition on January 1, 2022, according to information available as at Dec. 31, 2022. 9 * This item is a non-IFRS measure; see the "Non-IFRS and Additional Financial Measures" section at the end of this document for relevant information about such measures.
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