Leading Bank in the Americas Presentation

Canadian Banking: Financial Performance High quality retail loan portfolio: ~93% secured • High quality residential mortgage portfolio 80% Real Estate Secured Lending 。 37% insured; remaining 63% uninsured has a LTV of 54%¹ • Market leader in auto loans o $39.1 billion retail auto loan portfolio with 7 OEM relationships (3 exclusive) o Prime Auto and Leases (~91%) 。 Stable lending tenor with contractual terms for new originations averaging 78 months (6.5 years) with projected effective terms of 54 months (4.5 years) • Growth opportunity in credit cards o $7.7 billion credit card portfolio represents ~3% of domestic retail loan book and 1.2% of the Bank's total loan book o Organic growth strategy focused on payments and deepening customer relationships 。 Upside potential from existing customers: over 80% of growth is from existing customers (penetration rate mid-30s and trending up versus peers in the low- 40s) 。 Strong risk management culture with specialized credit card teams, customer analytics and collections focus 4% Unsecured DOMESTIC RETAIL LOAN BOOK² $302.6B 1 LTV calculated based on the total outstanding balance secured by the property. Property values indexed using Teranet HPI data 2 Spot Balance as of January 31, 2020 3% Credit Cards 13% Automotive 26

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