Americas Wholesale and Retail Banking Overview

Economic Outlook in Core Markets Real GDP Growth, Actuals and Consensus Forecasts (2021-22) Real GDP (Annual % Change) 2010-19 Country 2020 2021F 2022F Average Canada 2.2 -5.3 6.2 4.2 U.S. 2.3 -3.4 6.2 4.3 Mexico 2.7 -8.3 5.9 3.0 Peru 4.5 -11.1 9.9 4.1 Chile 3.3 -5.8 8.1 3.0 Colombia 3.7 -6.8 6.3 3.8 PAC Average¹ 3.6 -8.0 7.6 3.5 Source: Bloomberg, as of August 20, 2021 1 Simple average. 57 57

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