Investor Presentaiton

Global Wealth Management $MM, except AUM/AUA Q4/22 Y/Y Q/Q Reported Net Income¹ $361 (6%) (4%) Pre-Tax, Pre-Provision Profit² $491 (6%) (5%) Revenue $1,289 (4%) (2%) Expenses $798 (3%) PCLS $1 nmf nmf Productivity Ratio³ 61.9% 80 bps 130 bps AUM ($Bn)³ $311 (10%) (3%) AUA ($Bn)³ $580 (3%) Adjusted 4 Net Income¹ $368 (6%) (4%) Pre-Tax, Pre-Provision Profit $500 (6%) (5%) Expenses $789 (3%) Productivity Ratio 61.2% 70 bps 130 bps • YEAR-OVER-YEAR HIGHLIGHTS • Net income down 6% Revenue down 4% o Lower mutual fund fees mainly driven by market volatility and lower asset values o Higher net interest income from strong Private Banking loan growth and margin expansion Expenses down 3% FY22 operating leverage³ was flat o Excluding impact of performance fees, adjusted FY22 operating leverage 4 of +0.8% (reported +0.9%) AUM down 10% and AUA down 3% o Impacted by market depreciation AUM AUA -10% -3% Y/Y Y/Y REPORTED NET INCOME¹ ($MM) AND ROE* (%) 346 597 581 580 17.2% 17.5% 320 31 311 109 +15% 16.3% 116 31 -2% 125 31 Y/Y 15.5% 14.8% Y/Y 412 -7 315 -11% -7% 289 488 280 465 455 Y/Y Y/Y 385 405 407 376 361 Q4/21 Q3/22 Q4/22 ■ Canada 1 Attributable to equity holders of the Bank Q4/21 Q3/22 ■International Q4/22 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 ■ Performance Fees 2 Pre-Tax, Pre-Provision Profit defined as revenues less expenses. See non-GAAP reconciliations beginning on slide 43 3 Refer to page 133 of the Management's Discussion & Analysis in the Bank's 2022 Annual Report, available on http://www.sedar.com, for an explanation of the composition of the measure. Such explanation is incorporated by reference hereto 4 Refer to non-GAAP measures on page 17 of the Management's Discussion & Analysis in the Bank's 2022 Annual Report, available on http://www.sedar.com 9

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