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Investor Presentaiton

APPENDIX 10 | PRUDENT PROVISIONING IN UNCERTAIN ECONOMIC ENVIRONMENT Strong Performing ACL Coverage Performing ACL/LTM PCL on Impaired Loans 7.1x 6.2x 6.0x Total Allowances Cover 6.6x NCOs Total ACL/LTM Net Charge-Offs (Excluding POCI) 6.1x 8.4x 8.6x 8.7x 7.8x 6.6x 4.5x 4.4x 3.4x 1.8x 2.6x Q1 20 Q1 22 Q1 23 Q2 23 Q3 23 Q4 23 Q1 24 Q1 20 Q1 22 Q1 23 -Total Bank Q2 23 Total Bank Q3 23 Q4 23 Q1 24 ABA: Historical PCL and NCOs (Bps) Strong Total ACL Coverage Total ACL/Total Loans (excluding POCI and FVTPL) 2019 2020 2021 2022 2023 Q1 24 Q1 20 Q3 23 Q4 23 Q1 24 + Performing PCL 26 40 44 (3) Impaired PCL 18 13 6 45 Total PCL 44 53 49 43 NCO 3 2 <1 1 1810- 6 (15) Mortgages 0.15% 0.31% 0.33% 0.34% 28 58 Credit Cards 7.14% 7.27% 7.15% 7.48% 35 42 1 Total Retail 0.53% I 0.57% 0.59% 0.61% Total Non-Retail 0.58% 0.76% 0.80% 0.78% Total Bank 0.56% 0.67% 0.70% 0.70% 28 Note: Performing ACL includes allowances on drawn ($888M), undrawn ($166M) and other assets ($39M)
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