Investor Presentaiton

Canadian Banking: Financial Performance High quality retail loan portfolio: ~93% secured • High quality residential mortgage portfolio 80% Real Estate Secured Lending 。 38% insured; remaining 62% uninsured has a LTV of 53%¹ • Market leader in auto loans o $38.7 billion retail auto loan portfolio with 7 OEM relationships (3 exclusive) o Prime Auto and Leases (~91%) 。 Stable lending tenor with contractual terms for new originations averaging 78 months (6.5 years) with projected effective terms of 53 months (4.5 years) • Prudent growth in credit cards o $6.7 billion credit card portfolio represents ~2% of domestic retail loan book and 1.0% of the Bank's total loan book o Organic growth strategy focused on payments and deepening customer relationships 。 Strong risk management culture with specialized credit card teams, customer analytics and collections focus Prudent growth of Card portfolio given elevated unemployment across Canada and additional pressure on loan obligations: de-risking policies are put in place at the onset of the pandemic to ensure borrowers' debt capacity and credit profile are within the Bank's controlled risk appetite under crisis 5% Unsecured DOMESTIC RETAIL LOAN BOOK² $303.6B 2% Credit Cards 1 LTV calculated based on the total outstanding balance secured by the property. Property values indexed using Teranet HPI data 2 Spot Balance as of April 30, 2020 13% Automotive 25

View entire presentation