RBC Financial Performance Update

The RBC story Diversified business model, scale and franchises Well-diversified across businesses, geographies and client segments Able to capitalize on opportunities created by changing market dynamics and economic conditions ■ Wide breadth of products and capabilities to meet our clients' financial needs and build deep, long-term relationships leading client Market leader with a ◉ Market leader in Canada and one of the largest financial institutions globally(1) Clear strategy for continued long-term growth in Canada, the U.S. and select global markets focused growth strategy Financial strength underpinned by prudent risk and cost management Innovation is in our DNA Leading corporate citizen ■ Track record of earnings and dividend growth while maintaining a disciplined approach to risk and cost management ■ Credit ratings amongst the highest globally ☐ ■ ☐ ☐ Strong capital position and a high-quality liquid balance sheet Long history of innovation and proven ability to adapt to industry trends Investments in technology allow us to drive efficiencies and deliver an exceptional client experience Focused on simplifying, digitizing and personalizing our products to make it easier for clients and employees to do business, and to lower costs Delivering signature programs with measurable social and environmental outcomes Committed to accelerating clean economic growth - contributed $73.3 billion in 2020 towards our $500 billion sustainable financing target by 2025 to help support the net-zero transition Expanded ESG reporting suite: RBC's inaugural 2019 Enterprise Diversity & Inclusion Report, second stand-alone TCFD(2) Report, our first Human Rights Position Statement and updated our SASB(3) Index (found as an Appendix in the 2020 ESG Performance Report, page 70-76). Powered by our technology partner, FutureFit AI, RBC Upskill is assisting youth in self-discovering their career possibilities and potential by providing tailored advice on an ongoing basis, aligned to their confidentially-inputted skills, interests, and experiences $142 million given globally in 2020 through cash donations and community investments, including support to mitigate the economic impact of COVID-19 Our annual Employee Giving campaign went virtual in 2020 with 82% of employees participating in raising $23 million for over 5,000 charities across ■ Continued to invest in skills development and mentoring programs through RBC Future Launch to create meaningful opportunities for 25,000 Black, Indigenous and People of Colour (BIPOC) youth, including a new partnership with the Black Professionals in Tech Network Committing up to $10 million annually through RBC Tech for Nature, in support of universities and charities that are developing technology solutions to address climate change and related environmental issues (1) Based on market capitalization as of April 30, 2021. (2) Task Force on Climate-related Financial Disclosures. (3) Sustainability Accounting Standards Board. 3 | ABOUT RBC RBC

View entire presentation