Financial Performance and Digital Progress Update

Reconciliation for non-GAAP Financial Measures All Bank: Net Interest Margin and Risk Adjusted Margin ($MM) Average total assets¹ Less: Non-earning assets Average total earning assets¹ Less: Trading Assets Securities purchased under resale agreements and securities borrowed Other deductions Average core earning assets¹ Net Interest Income Less: Non-core net interest income Core Net Interest Income Net Interest Margin All-Bank Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 1,332,897 1,380,008 1,390,459 1,401,515 1,409,861 126,213 118,465 111,261 109,143 116,190 1,206,684 1,261,543 1,279,198 1,292,372 1,293,671 ($MM) Average total assets Less: Non-earning assets Average total earning assets¹ Less: Caribbean and Central America Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 34,522 35,124 35,372 34,829 35,888 2,611 2,662 2,547 2,550 2,581 31,911 32,462 32,825 32,279 33,307 69,343 70,779 73,073 75,717 862,096 895,848 900,757 900,686 4,622 4,569 117,807 119,974 115,611 124,939 126,217 157,438 174,942 189,757 191,030 196,039 75,526 895,889 Trading Assets 14 16 16 14 0 Securities purchased under resale agreements and securities borrowed 81 109 117 134 139 Other deductions 3,550 3,566 3,267 4,466 4,580 Average core earning assets¹ 28,266 28,771 29,425 3,358 28,773 29,726 3,442 4,672 (122) (205) (204) (192) (197) 4,744 4,774 4,670 4,772 4,869 2.18% 2.11% 2.13% 2.10% 2.16% Net Interest Income Less: Non-core net interest income Core Net Interest Income Net Interest Margin 401 412 430 421 433 401 5.63% 412 5.68% 430 6.00% 421 5.81% 433 5.78% Less: Less: Provision for credit losses 529 638 709 819 1,256 Provision for credit losses 43 35 25 27 36 Risk Adjusted Net interest income on core earning assets¹ Risk Adjusted Margin 4,215 4,136 3,961 3,953 3,613 1.94% 1.83% 1.80% 1.74% 1.60% Risk Adjusted Net interest income on core earning assets Risk Adjusted Margin 358 5.02% 377 5.19% 405 394 397 5.65% 5.44% 5.30% International Banking Pacific Alliance ($MM) Average total assets¹ Less: Non-earning assets Average total earning assets¹ Q4/22 Q1/23 Q2/23 Q3/23 217,061 228,374 238,705 241,396 19,358 19,103 20,050 19,611 197,703 209,271 218,655 221,785 Q4/23 ($MM) Q1/23 Q2/23 Q3/23 238,343 Average total assets¹ 18,915 219,428 Less: Non-earning assets Average total earning assets¹ 18,640 18,071 21,552 21,692 142,886 152,769 161,979 165,198 Q4/22 Q4/23 161,526 170,840 183,531 186,890 182,558 20,195 162,363 Less: Less: Trading assets 5,369 5,132 6,059 6,271 Securities purchased under resale agreements and securities 2,433 3,033 2,868 borrowed Other deductions Average core earning assets¹ Net interest income 3,493 7,087 7,565 7,240 7,890 182,814 193,541 202,488 204,131 1,806 1,899 2,007 2,118 6,611 3,467 Trading Assets 5,314 Securities purchased under resale agreements and securities borrowed 8,023 201,327 2,137 Other deductions Average core earning assets¹ Less: Non-core net interest income Core net interest income Net interest margin Net Interest Income Less: 5,061 5,957 444 605 608 2,295 2,867 2,805 134,833 144,236 152,609 155,046 1,278 1,334 1,415 1,520 6,194 6,536 575 649 3,383 3,440 151,738 1,515 (73) (54) (27) 1,879 2,034 1,953 4.08% 4.00% 4.12% 8 2,110 4.10% 14 2,123 4.18% Non-core net interest income Core Net Interest Income (30) (50) (55) (18) (20) 1,308 1,384 1,470 1,538 1,535 Net Interest Margin 3.85% 3.81% 3.95% 3.93% 4.01% Less: Less: Provision for credit losses 355 Risk adjusted net interest income on core earning assets Risk adjusted margin 1,524 3.31% 404 1,549 3.18% 436 516 512 Provision for credit losses 298 350 398 465 455 1,598 3.24% 1,594 3.10% 1,611 3.18% Risk Adjusted Net interest income on core earning assets Risk Adjusted Margin 1,010 1,034 1,072 1,073 1,080 2.97% 2.84% 2.88% 2.74% 2.82% Canadian Banking ($MM) Average total assets¹ Less: Non-earning assets Average total earning assets¹ Less: Other deductions Average core earning assets¹ Core net interest income Net interest margin 31,010 412,300 2,562 2.47% Less: Provision for credit losses 163 Risk Adjusted Net interest income on core earning assets 2,200 218 2,168 218 2,122 307 700 2,161 1,862 Risk Adjusted Margin 2.10% 2.05% 2.08% 2.06% 1.79% Q4/22 Q1/23 Q2/23 Q3/23 445,670 450,040 450,634 450,192 4,112 4,035 3,957 4,066 441,558 446,005 446,677 446,126 26,191 27,284 28,655 30,123 415,367 418,721 418,022 416,003 2,363 2,386 2,340 2,468 2.26% 2.26% 2.30% 2.35% Q4/23 447,390 4,080 443,310 1 Average balances represent the average of daily balance for the period 44

View entire presentation