RBC Financial Performance Update

Strong underlying credit quality in Canadian Banking (CB) Canadian Banking PCL on Impaired Loans and Gross Impaired Loans CB Retail FICO Score Distribution (Q2/21) Q2/21 Avg PCL on Impaired Loans Loan (bps) (1) Gross Impaired Loans (bps) <620 Avg 3% Balances FICO Score ($BN) Q2/20 Q1/21 Q2/21 Q2/20 Q1/21 Q2/21 (Q2/21) 620- 680 Residential Mortgages (2) 310.6 1 2 1 17 15 16 793 6% 681- 720 Personal Lending 75.9 70 43 37 36 27 28 780 788 10% Credit Cards 16.0 307 156 203 96 (3) 73 (3) 78 (3) 740 Small Business (4) weighted average 11.1 102 60 30 128 155 104 n.a. Commercial (4) 78.5 19 20 18 57 74 69 n.a. Total 492.1 30 18 16 28 28 28 788 >720 81% PCL on impaired loans decreased 2 bps QoQ, and remains below pre-pandemic levels due to ongoing government support Higher write-offs on cards attributed to the end of deferral programs in Q4/20, with card balances impaired after 180 days past due CB Delinquencies By Days Past Due (bps) (5) ■ Credit quality remains high with just 3% of the portfolio with a FICO score below 620 40 180 35 30 ■30-59 Days ■60-89 Days 9 CB 30-89 Day Delinquencies by Product (bps) (5) ■ Q2/20 ■ Q3/20 ■ Q4/20 ■ Q1/21 ■Q2/21 160 140 120 25 11 100 20 7 80 60 15 7 LO 25 40 10 19 17 20 11 12 0 Residential HELOCS Mortgages Personal Lending Cards Small Business Commercial Q2/20 Q3/20 Q4/20 Q1/21 Q2/21 (Excluding HELOCs) 30-89 day delinquencies of 19 bps decreased 15 bps QoQ, with 30-59 day delinquencies down 13 bps QoQ, and 60-89 day delinquencies down 2 bps QoQ Delinquencies were lower QoQ across all retail products, as well as in commercial banking (1) Calculated using average net of allowance on impaired loans. (2) Includes $10.9BN of mortgages on multi-unit residential buildings originated in P&CB Business Banking. (3) Represents 90+ Days Past Due, as there are no GIL balances for Credit Cards. (4) In Q2/21, following capital treatment guideline change, -$5.4BN of exposure previously classified as Commercial was reclassified as Small Business exposure. (5) Includes restrained accounts, where loans 30-59 days past due result from administrative processes, such as mortgage loans where payments have been restricted pending pay out due to sale or refinancing. 25 | RISK REVIEW RBC

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