Investor Presentaiton

RETAIL MORTGAGES RATE TYPE AND MATURITY PROFILE (As at January 31, 2024) Canadian Mortgages Distribution by Rate Type Fixed Rate 72% $61.9B (1) Variable Rate 28% ■ More than half of our Canadian Mortgage portfolio has been repriced, absorbing the impact of rate increases ■ 28% of mortgage portfolio is variable rate and the monthly payments are adjusted ■ 34% of FRM have already renewed or were originated over the last 15 months ■ While variable rate mortgage delinquency is normalizing, clients continue to demonstrate resilience despite absorbing a significant increase in rates Average payment shock of ~65% for VRM loans (QC: $670/ ROC: $1,150) (3) Maturity Profile of Fixed Rate Mortgages Renewing F2024 F2025 F2026 As % of Total Fixed Rate 12% 27% 38% % Insured 42% 46% 42% % Quebec 57% 56% 56% Average LTV for Uninsured 46% 48% 57% Average Bureau Score for Uninsured 786 789 783 Average Payment Shock (QC/ROC) (2) <$200/<$300 <$250/<$400 <$250/<$400 ■ 12% of the fixed rate mortgages are due for renewal in 2024 and will absorb an average monthly payment increase of ~15% (2) vs. ~22% in 2025 and ~18% in 2026. ■ Risk profile is similar across all cohorts renewing in the next 3 years ■ 79% of Uninsured renewing in the next 3 years have an LTV below 70% (1) Total RESL excluding HELOCS (2) Based on Jan 31st, 2024 client offered 5-years fixed rate. Impact on loan payments. (3) Payment shock based on the rate variation since beginning of Q2 2022. Impact on loan payments. 17

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