RBC Financial Performance Update

Capital Markets Capital Markets Total Average Assets ($ billions) Geographic Diversification Across Loan Book Average Loans Outstanding by Region ($ billions) (1) 1,017 (15)% YoY 78 59 65 (23) (127) 821 777 743 709 695 100 101 87 18 20 81 80 19 17 19 52 52 51 42 38 35 30 30 26 26 26 Q2/2020 Q3/2020 Q4/2020 Q1/2021 Q2/2021 Q2/2020 Canada Q3/2020 Q4/2020 Q1/2021 U.S. Other International Q2/2021 PCL ($ millions) Risk-Weighted Assets, Spot ($ billions) (7)% YoY Earnings Volatility vs. Canadian and U.S. Peers (Standard Deviation/Avg Earnings) (2) 31.3% 25.2% 225 217 209 212 209 19.8% Q2/2020 Q3/2020 Q4/2020 Q1/2021 Q2/2021 RBC Canadian Peers U.S. Peers (1) Average loans outstanding includes wholesale loans, acceptances, and off balance sheet letters of credit and guarantees for our Capital Markets portfolio, on single name basis. Excludes mortgage investments, securitized mortgages and other non-core items. This chart has been restated to exclude certain intergroup exposures that are not part of the corporate lending business. This is a non-GAAP measure. For more information see slide 58. (2) Reflects pre-provision, pre-tax earnings, which is revenue net of PBCAE and non-interest expenses. This is a non-GAAP measure. For more information, please refer to slide 58. Canadian peers include BMO, TD, CIBC, BNS and NA, US peers include JPM, GS, BAC, Citi and MS. 19 BUSINESS SEGMENTS RBC

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