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Investor Presentaiton

Credit Quality GILS ($MM) AND GIL RATIO1 81 bps 81 bps 84 bps 81 bps 73 bps 77 bps 78 bps 67 bps 4,770,27 218 1,106 5,120 31 5,148 26 5,053 26 5,279 39 5,116 33 285 -209 -302 -224 -2864,735 28 1,222 1,209 1,067 1,049 1,040 921 235 4,456 941 26 219 3,419 3,582 3,704 3,676 3,949 3,757 3,551 3,270 • Q1/20 Q2/20 Q3/20 Q4/20 Q1/21 Q2/21 Q3/21 Q4/21 NET WRITE-OFFS ($MM) AND NET WRITE-OFFS RATIO1 HIGHLIGHTS GILs trending down, below pre-Covid levels О Lower impairments across portfolios Retail write-offs in International Banking о Positive FX impact GIL ratio improved 6 bps Q/Q HIGHLIGHTS 76 bps 62 bps . Net write-offs declined 11% Y/Y and 43% Q/Q 54 bps 47 bps 47 bps 41 bps 43 bps 1,141 34 bps • 13 Significant reduction in International Banking 983 219 8 173 827 -27 732 750 -13 33 674 632 -25 256 -26 560 Net write-offs ratio declined 28 bps Q/Q and is below pre-pandemic levels 265 266 201 1 227 123 910 801 544 454 450 448 435 379 Q1/20 Q2/20 Q3/20 Q4/20 Q1/21 Q2/21 (1) Q3/21 Q4/21 International Banking Canadian Banking Global Banking and Markets Global Wealth Management 1 Refer to page 141 of the Management's Discussion & Analysis in the Bank's 2021 Annual Report, available on http://www.sedar.com, for an explanation of the composition of the measure. Such explanation is incorporated by reference hereto 14
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