Financial Performance and Outlook

1,2,3 1,4 Fiscal 2023: PTPP & Operating Leverage Modified for partners' share of SCP PCL, FX and Insurance Fair Value Change TD FY 2023 TOTAL BANK 1 2 3 456 Reported Results ($MM) PTPP PTPP (YOY %) Revenue (YoY %) Expenses (YoY %) Revenue Expenses 50,492 30,768 FY 2022 Revenue Expenses 49,032 24,641 FY 2021 Revenue Expenses 42,693 23,076 SFI Reference Page 2, L3 & L6 19,724 24,391 (19.1%) 24.3% 19,617 (11.0%) 3.0% 14.8% (2.2%) 24.9% 6.8% 6.8% Operating Leverage (21.9%) 8.1% (9.0%) 7 Adjusted Results ($MM)1 51,839 27,430 46,170 24,359 42,693 22,909 Page 2, L16 & L17 8 Minus: U.S. Retail value in C$5 14,442 7,847 12,201 6,824 10,758 6,417 Page 10, L35 & L36 9 Plus: U.S. Retail value in US$5 10,709 5,817 9,455 5,292 8,554 5,101 Page 11, L35 & L36 10 Minus: Insurance fair value change 30 (252) (73) Page 7, L14 11 Plus: Corporate PCL7 535 203 (114) Page 14, L6 12 Subtotal (Line 12)8 48,076 25,935 43,676 23,030 40,562 21,479 13 Line 12 PTPP 14 Line 12 PTPP (YoY %) 15 16 567 Line 12 Revenue (YoY %) 10.1% 7.7% 3.4% Line 12 Expenses (YoY %)9 12.6% 7.2% 3.7% 17 Line 12 Operating Leverage (YoY) -2.5% 0.5% (0.3%) 22,141 20,646 7.2% 8.2% 19,083 3.0% 28

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