Investor Presentaiton

OIL & GAS AND PIPELINES SECTOR O&G producers & services exposure (Gross loans in $MM and % of total loans) $3,956 3.7% 28% reduction in outstanding loans Q1 15 O&G and Pipeline sector Total gross loans of $5.4B $2,863 1.8% Q2 20 ☐ ☐ O&G producers & services exposure significantly reduced 28% reduction in outstanding loans: down from $4B in Q1/15 to $2.9B in Q2/20 Reduction as a % of total loans: down from 3.7% in Q1/15 to 1.8% in Q2/20 Canadian focused strategy, minimal direct US exposure Overall O&G and Pipeline portfolio refocused from mid-cap to large cap Producers share declined from 82% in Q1/15 to 48% in Q2/20 - 62% of the portfolio is Investment Grade (as of Q2/20) Very modest indirect exposure to unsecured retail loans in the oil regions (~0.1% of total loans) 4% Services 5% Refinery & Integrated Midstream 9% 11% Services 4% IG: 100% IG: 50% ☐ Producers 82% Q1 15 Producers share declined to 48% Midstream 37% IG: 78% Producers 48% Q2 20 IG: 43% 13

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