Financial Markets Summary Q4 2022

RETAIL MORTGAGE AND HELOC PORTFOLIO Canadian Distribution by Province (As at October 31, 2022) 54% 76% 29% 75% Uninsured & HELOC ■Insured 4% 43% Other Provinces 50% ■ ☐ ☐ Uninsured mortgages and HELOC in GTA and GVA represent 12% and 2% of the total portfolio and have an average LTV(1) of 49% Uninsured mortgages and HELOC for condos represents 9% of the total portfolio and have an average LTV(1) of 55% 33% of mortgage portfolio is variable rate Investor mortgages (3) account for 11% of the total RESL portfolio Uninsured mortgages 90+ days past due at 8 bps (from 7 bps trough in Q3-2022) remains well below pre-pandemic level of about 20 bps Less than 1% of mortgage portfolio has a remaining amortization of 30 years or more Canadian Distribution by Mortgage Type 7% 6% 24% 31% 25% 70% 69% 30% QC ON AB BC 50% 50% 61% 47% Average LTV - Uninsured and HELOC(1) Canadian Uninsured and HELOC Portfolio Average LTV(1) Average Credit Bureau Score 90+ Days Past Due (bps) HELOC $29.5B(2) HELOC Uninsured / 33% 48% 53% $88.8B 790 781 6 8 (1) LTV are based on authorized limit for HELOCS and outstanding amount for Uninsured Mortgages. They are updated using Teranet-National Bank sub-indices by area and property type. (2) Of which $20.3B are amortizing HELOC. (3) Properties used for rental purposes and not owner-occupied. Uninsured $33.4B / 38% Insured $25.9B / 29% 17

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