Financial Results

Resilient performance in a challenging environment Strong foundation, disciplined expense control, positioned for growth • • Q1 2024 Net Income EPS PPPT² Growth Total Assets Adjusted¹ $1.9B Reported $1.3B Adjusted¹ $2.56 Reported $1.73 Adjusted 3% Reported +100% $1.3T Efficiency Ratio ROE ROTCE³ CET14 Adjusted¹ 60.9% Reported 70.2% Adjusted¹ 10.6% Reported 7.2% Adjusted¹ 14.3% Reported 10.3% 12.8% Q1 2024 Highlights Strategic acquisitions and diversified businesses - supporting resilient PPPT² growth Delivered cost savings, achieved Bank of the West synergies, incremental operational efficiencies – expenses down Q/Q • • Growing customers and deepening relationships across the bank - average customer deposits up $10.5B or 2% Q/Q U.S. Segment delivering consistent PPPT performance • · Strengthened capital position through internal capital generation and balance sheet optimization - CET1 up 30bps Q/Q Maintained solid credit quality, impaired losses in line with expectations Prior period amounts have been reclassified to conform with the current period presentation, including the retrospective application of IFRS 17 1 Adjusted results and measures are non-GAAP. See slide 37 for more information and slide 38 for adjustments to reported results 2 Reported and adjusted pre-provision pre-tax earnings (PPPT) are non-GAAP measures. See slide 37 for more information and slide 40 for calculation of PPPT 3 Reported and adjusted return on tangible common equity (ROTCE) are non-GAAP measures. See slide 37 and Non-GAAP and Other Financial Measures section of the First Quarter 2024 MD&A for more information 4 The Common Equity Tier 1 (CET1) Ratio is disclosed in accordance with Office of the Superintendent of Financial Institutions (OSFI) Capital Adequacy Requirements (CAR) Guideline BMOM Strategic Highlights February 27, 2024 • 4

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