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Investor Presentaiton

PCLs - Impaired and Performing HIGHLIGHTS PCLs ($MM) Q1/20² Q2/20 Q3/20 Q4/20 | Q1/21 Total All-Bank Impaired 802 870 928 Performing (31)1 9761 1,2531 7711 1,8461 2,1811 1,1311 YEAR-OVER-YEAR 835 762 . 2961 21 7641 Canadian Banking O Impaired 258 313 317 238 214 Performing (8) 357 435 92 Total 250 670 752 330 215 International Banking Impaired Performing 508 531 573 561 528 (5)1 4881 705 1751 (3)1 Total 5031 1,0191 1,278 7361 5251 Lower PCLs driven mainly by lower performing PCLs. Total PCLs of $764 million was down 1% and 32% Q/Q Performing PCLs of $2 million increased from ($31) million last year, as COVID-19 pandemic impact on portfolio credit quality was mostly offset by the more favourable macroeconomic outlook Impaired PCLs of $762 million decreased 5%, reflecting lower retail provisions in Canadian Banking driven by lower delinquencies QUARTER-OVER-QUARTER • Impaired PCLs declined $73 million driven by lower commercial provisions across Canadian and International Banking and Global Banking and Markets Performing PCLs declined $294 million due to the more favourable macroeconomic outlook and stable credit quality Global Wealth Management Impaired Performing Total 1 1 1 11 2 2 11 3 €4 (1) 4 Global Banking and Markets Impaired 36 25 38 88 . 34 15 Performing (18) 130 1111 281 51 Total 18 155 1491 621 201 Other _1 _1 _1 _1 1 Includes provision for credit losses on debt securities and deposit with banks of $nil in Canadian Banking, $nil in International Banking (Q1/20: -$1 million, Q2/20: $1 million, Q4/20: -$1 million), $nil in Global Banking and Markets (Q3/20: $1 million, Q4/20: -$1 million), $nil in Global Wealth Management (Q3/20: -$1 million) and $nil in Other (Q1/20: $1 million, Q2/20: -$2 million, Q4/20: $2 million) 2 Refer to Non-GAAP Measures on slide 37 for adjusted results 14 14
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