Consistent Earnings Growth and Digital Engagement

Wholesale Term Debt Composition⁹7 TD Funding Strategy ■ Wholesale term funding through diversified sources across domestic and international markets ■ Well-established C$80 billion Legislative Covered Bond Program is an important pillar in global funding strategy Programmatic issuance for the established ABS program, backed by Canadian credit card receivables, in the U.S. market Broadening of investor base through currency, tenor and structure diversification ■ Recent transactions: €1.25B 3.5Y Fixed Covered Bond USD$1.75B 60NC5 NVCC AT1 Limited Recourse Capital Notes (LRCN) USD$3.0B 2/5Y Fixed Senior Debt By Currency 98,99 By Term 98,99 C$2.0B 5Y Fixed Senior Debt C$1.5B 60NC5 NVCC AT1 LRCN USD$0.2B 2Y Fixed Term CRT Evergreen ABS Wholesale Term Debt 98,99 GBP $5B 3% AUD $5B 3% EUR $30B 18% CAD $67B 38% USD $66B 38% 4 to 5 Year $70B 40% < 4 Year $52B 30% 5 to 7 Year $24B 14% > 7 Year $26B 15% Term Asset Backed Securities $2B 1% Mortgage Securitization 96 $15B 9% Senior Unsecured MTN $99B 57% Capital 95 $23B 13% Covered Bonds $34B 20% 48

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