FY 2021 BALANCED APPROACH BETWEEN INVESTMENT AND COST MANAGEMENT

APPENDIX 2 | FY 2021 SEGMENT RESULTS P&C Banking ($MM) Wealth Management ($MM) FY 21 FY 20 YoY FY 21 FY 20 YOY Revenues 3,686 3,457 7% Revenues 2,169 1,859 17% Personal 2,228 2,148 4% Fee-Based 1,316 1,087 21% Transaction & Others Commercial 1,458 1,309 11% 405 330 23% Non-Interest Expenses 1,958 1,892 3% Net Interest Income Non-Interest Expenses 448 442 1% 1,277 1,125 14% Pre-Tax/Pre-Provisions 1,728 1,565 10% Pre-Tax/Pre-Provisions 892 734 22% PCL 6 517 PCL 1 7 Net Income 1,266 770 64% Net Income 655 535 22% 60.5% -160 bps Efficiency Ratio (%) 53.1% 54.7% -160 bps Efficiency Ratio (%) 58.9% Financial Markets USSF&I - ABA Bank and Credigy ($MM, TEB) ($MM) FY 21 FY 20 YoY FY 21 FY 20 YoY ABA Bank Revenues 2,146 2,054 4% Revenues 510 410 24% Global Markets 1,170 1,268 (8%) Non-Interest Expenses 173 171 1% C&IB 976 786 24% Pre-Tax/ Pre-Provisions 337 239 41% Non-Interest Expenses 880 812 8% PCL 26 21 Pre-Tax/Pre-Provisions 1,266 1,242 2% Net Income 251 192 31% PCL 10 239 Credigy Net Income 923 738 25% Revenues 486 406 20% Non-Interest Expenses 139 144 (3%) Efficiency Ratio (%) 41.0% 39.5% +150 bps Pre-Tax / Pre-Provisions 347 262 32% PCL (41) 59 Net Income 302 160 89% 19 |

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