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Investor Presentaiton

RETAIL MORTGAGE AND HELOC PORTFOLIO Canadian Distribution by Province (as at April 30, 2020) 55% 68% 26% Insured Uninsured & HELOC 63% 8% 32% 6% 5% 37% 31% 57% 69% 43% 48% QC ON AB BC Other Provinces 60% 52% 69% 51% 57% Average LTV - Uninsured and HELOC(1) Canadian Uninsured and HELOC Portfolio HELOC Uninsured Average LTV(1) 57% 60% Average Credit Bureau Score 792 771 90+ Days Past Due (bps) 9 23 ☐ Insured mortgages account for 39% of the total RESL portfolio (69% in Alberta) Distribution across product and geography remained stable Uninsured mortgages and HELOC in GTA and GVA represent 10% and 2% of the total portfolio and have an average LTV(1) of 51% for each segment Canadian Distribution by Mortgage Type HELOC $23.4B (2) / 32% $72.4B Uninsured $21.2B / 29% Insured $27.8B / 39% (1) LTV are based on authorized limit for HELOCs and outstanding amount for Uninsured Mortgages. They are updated using Teranet-National Bank sub-indices by area and property type. (2) Of which $14.0B are amortizing HELOC. 15
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