Investor Presentaiton

Average Annual Ontario Borrowing Rates Per Cent 5.0 4.5 4.0 3.42 3.5 3.27 3.07 3.0 2.5 2.0 1.5 1.0 0.5 0.0 2009-10 Ontario 2010-11 2011-12 2.93 2.81 2.67 2.50 2.31 2.25 2.15 2.09 1.90 1.60 2012-13 2013-14 2014-15 Sources: Public Accounts of Ontario (2009-10 to 2019-20) and Ontario Financing Authority. 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2.40 2023-24 23 23 3.20

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