Investor Presentation February 2024

BMOM 0.0 1998 1999 5.0 2000- 2001 2002 2003 10.0 2004 1 15.0 Canada's economy is diverse and well-positioned for growth . • • The Canadian economy benefits from sound public finances, with net debt across all levels of government lower than most other leading economies as a share of GDP Contiguous to the world's largest consumer market Trade agreements in place governing trade flows: - - United States-Mexico-Canada Agreement (USMCA) Comprehensive Economic and Trade Agreement (CETA) with the European Union Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) Strong immigration of skilled workers attracts global companies Unemployment rate remains below long-run normal levels Canada's Unemployment Rate Canadian GDP by industry Other 15% Transportation & warehousing 4% Financial activities 20% Professional, scientific & technical services 7% Public administration 7% Mining, oil & gas extraction 8% Construction 7% Manufacturing 9% Net Debt (% of GDP) Education & health care 13% Trade 10% 2006- 2007- 2008- 2005 2009 .OLOZ 2011 . ZLOZ Source: BMO Economics (https://economics.bmo.com) as at February 23, 2024 This slide contains forward-looking statements. Refer to the Caution Regarding Forward-Looking Statements on slide 2 2013 2014 2015 2017- 2016 2018 2019 2020 - 2021 - . ZZOZ 2023 120 105 90 75 60 45 30 15 forecast 0 T 1990 1996 2002 2008 2014 2020 2026 ⚫Canada G7 US Investor Presentation ⚫ February 2024 39

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