Investor Presentaiton

Canadian Residential Mortgage Portfolio (Spot Balances as at Q2/16, $ billions) $92.3 $9.6 Total Portfolio: $189 billion Average LTV Insured² Uninsured² of uninsured 62% 38% mortgages is 51%¹ $82.7 $30.9 $30.0 $3.5 $6.0 $15.2 $1.6 $11.9 $24.9 $26.5 $13.6 $11.7 $0.2 $8.8 $8.2 $0.6 Ontario B.C. & Territories Alberta Quebec Atlantic Provinces Manitoba & Saskatchewan ■Condos - $21B €23 ■Freehold - $168B LTV calculated based on the total outstanding balance secured by the property. Property values indexed using Teranet HPI data. In Q2/16, new portfolio insurance transactions converted $26.5 billion of uninsured to insured mortgages. Some figures on bar chart may not add due to rounding. 31

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