Wholesale Banking - Positioned for Growth

TD TD Global Legislative Covered Bond Program Highlights " TD has a C$80B legislative covered bond program Covered bond issuance for Canadian issuers governed by CMHC-administered guidelines Only uninsured Canadian residential real estate assets are eligible, no foreign assets in the pool Cover Pool as at October 31, 2023 High quality, conventional first lien Canadian Residential mortgages originated by TD All loans have original LTVs of 80% or lower. Current weighted average LTV is 48.27%5 The weighted average of non-zero credit scores is 783 " Covered pool is composed of conventional mortgages Strong credit ratings; Aaa / AAA / AAA by Moody's / DBRS/ Fitch respectively 1,2 " TD has C$58B aggregate principal amount of covered bonds outstanding and the total cover pool for covered bonds is C$87B. TD's total on balance sheet assets are C$1,957B, for a covered bond ratio of 2.96% (5.5% limit)³ " TD joined the Covered Bond Label 4 and reports using the Harmonized Transparency Template TD has adopted the 2023 Harmonized Transparency Template and is compliant with minimum disclosure and transparency standards as per Article 14 of the EU Covered Bond Directive GBP 5% USD 26% Issuances AUD 13% CAD 2% CHF 2% EUR 52% Provincial Distribution British Columbia 21% Atlantic 2% Quebec 8% Ontario 58% Prairies 11% Current LTV 4% 11% 16% Current LTV 21% 12% 11% 7% 6% 6% 60.01-65.00 65.01-70.00 70.01-75.00 75.01-80.00 4% 1% >80.00 Interest Rate Types <20 Variable 26% Credit Score 20.01-30.00 30.01-40.00 40.01-50.00 50.01-55.00 55.01-60.00 Fixed 74% 36% <599 1% 600-650 1% 651-700 5% 701-750 13% 751-800 44% >800 48

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