Financial Performance and Digital Progress Update

Global Wealth Management $MM Q4/23 Y/Y Q/Q Reported Net Income¹ $327 (10%) (11%) • Pre-Tax, Pre-Provision Profit² $445 (9%) (10%) Revenue $1,332 3% • Expenses $887 11% 5% PCLs $5 nmf nmf Productivity Ratio³ 66.5% 460 bps 340 bps AUM ($Bn)³ $317 2% (4%) AUA ($Bn)³ $610 5% (3%) . Adjusted² • Net Income¹ $333 (10%) (11%) Pre-Tax, Pre-Provision Profit $454 (9%) (10%) Expenses $878 11% 5% Productivity Ratio 65.9% 470 bps 350 bps A UM 3 AUA 3 +2% Y/Y HIGHLIGHTS Net income down 10% o International Wealth Management up 7% Revenue up 3% o Higher brokerage and advisory revenues Expenses up 11% o Higher volume-related expenses and personnel and technology costs to support business growth FY23 adjusted operating leverage 4 of -4.5% Spot AUM up 2% and AUA up 5% o Largely driven by market appreciation REPORTED NET INCOME 1 ($MM) AND ROE 4 +5% 15.5% 14.8% 14.8% 14.9% 580 631 610 331 311 317 +16% 139 140 +12% 13.2% 34 125 31 36 Y/Y Y/Y +0% 297 492 280 281 455 470 Y/Y +3% Y/Y 385 361 353 366 327 Q4/22 Q3/23 Q4/23 1 Attributable to equity holders of the Bank 2 See non-GAAP reconciliations beginning on slide 43 Q4/22 Q3/23 Canada Q4/23 International Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 3 Refer to page 136 of the Management's Discussion & Analysis in the Bank's 2023 Annual Report, available on http://www.sedarplus.ca, for an explanation of the composition of the measure. Such explanation is incorporated by reference hereto 4 Refer to non-GAAP measures on page 20 of the Management's Discussion & Analysis in the Bank's 2023 Annual Report, available on http://www.sedarplus.ca 9

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