Investor Presentaiton

Strong Credit Quality • • • HIGHLIGHTS Total PCLs increased $109 million Q/Q driven by less favourable macroeconomic outlook, continued portfolio growth and higher retail write-offs in both Canada and International Canadian Banking PCLs increased Q/Q due primarily to retail provisions driven by higher formations Provision for performing loans was driven primarily by commercial provisions due to less favourable macroeconomic outlook, and retail provisions driven primarily by increases in mortgages and auto portfolio International Banking PCLs were higher Q/Q due primarily to higher retail provisions, primarily in Chile and Colombia Global Banking & Markets PCLs were higher Q/Q due primarily to less favourable macroeconomic outlook. Provision for impaired loans was lower Q/Q due primarily to lower formations this quarter PCLs ($MM) Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 All-Bank Impaired 405 Performing 406 389 494 562 (183) (187) 23 35 76 Total 222 219 412 529 638 Canadian Banking Impaired Performing (160) 125 131 143 153 187 (143) (50) 10 31 Total (35) (12) 93 163 218 International Banking о Impaired 286 278 262 320 375 Performing (12) (2) 63 35 29 Total 274 276 325 355 404 Global Wealth Management Impaired Performing Total NE 1 (3) 23 (1) (2) - 2 3 (1) 1 5 1 1 Global Banking and Markets Impaired (8) (4) (18) 22 Performing (8) (42) 3 (11) 13 Total (16) (46) (15) 11 15 231 Other 4 (1) I 14

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