Digital Progress: Canada

Q2 2023 Financial Performance $MM, except EPS Q2/23 Y/Y Q/Q Reported Net Income $2,159 (21%) 22% • Pre-Tax, Pre-Provision Profit¹ $3,353 (11%) (5%) • Diluted EPS $1.69 (22%) 24% Revenue $7,929 (1%) Expenses $4,576 10% 3% Productivity Ratio² 57.7% 530 bps 180 bps Net Interest Margin³ 2.13% (10 bps) 2 bps PCL Ratio² 37 bps 24 bps 4 bps PCL Ratio on Impaired Loans² 33 bps 9 bps 4 bps Return on Equity² 12.3% (390 bps) 240 bps Return on Tangible Common Equity³ 15.4% (500 bps) 300 bps • Adjusted³ Net Income $2,174 (21%) (8%) Pre-Tax, Pre-Provision Profit¹ $3,374 (11%) (5%) Diluted EPS $1.70 (22%) (8%) Revenue $7,929 (1%) • Expenses $4,555 10% 3% Productivity Ratio 57.5% 540 bps 180 bps Return on Equity 12.4% (400 bps) (100 bps) • YEAR-OVER-YEAR HIGHLIGHTS Diluted EPS down 22% Adjusted pre-tax, pre-provision profit down 11% Revenues flat o Net interest income: Loan growth of 12% was offset by lower margins o Non-interest income: Higher banking revenues, fees and commissions offset by challenging markets impacting wealth revenues NIM down 10 bps (Q/Q NIM improved 2 bps) Expenses up 10% (up 3% Q/Q) o Impacted by unfavourable FX translation, inflationary adjustments, higher personnel and advertising costs PCL ratio of 37 bps o Performing PCL ratio of 4 bps Deposits up $13 billion Q/Q5 Return on Tangible Common Equity 15.4% (500 bps) (140 bps) REPORTED NET INCOME YEAR-OVER-YEAR ($ MM) 2,747 -10% REPORTED NET INCOME 4 BY SEGMENT ($MM) Q2/22 Q2/23 (7) (6) 332 2,159 (417) (490) -18% +0% -13% 1,179 1,060 642 642 407 353 488 401 Q2/22 Net Interest Non-Interest Non-Interest Income Income Expenses PCLS Taxes Global Wealth Management 1 Pre-Tax, Pre-Provision Profit defined as revenues less expenses. See non-GAAP reconciliations beginning on slide 83; 2 Refer to page 54 of the Management's Discussion & Analysis in the Bank's Second Quarter 2023 Report to Shareholders, available on http://www.sedar.com, for an explanation of the composition of the measure. Such explanation is incorporated by reference hereto; 3 Refer to non-GAAP measures on page 4 of the Management's Discussion & Analysis in the Bank's Second Quarter 2023 Report to Shareholders, available on http://www.sedar.com; 4 Attributable to equity holders of the Bank; 5 Excludes Other segment Q2/23 Canadian Banking Global Banking and Markets International Banking (Constant FX) 9

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