Investor Presentaiton

Unsecured Benchmark Funding Expect FY21 benchmark issuance to outpace benchmark maturities and redemptions amid prime market share consolidation In 2021YTD1, we issued $31.2bn of benchmark debt ■ Diversified across tenor, currency, channel, and structure ■ ~7 year WAM of 2021 YTD¹ benchmark debt issuance Redeemed $2.0bn of preferred stock in January 2021 Announced redemption and replaced $675mm of preferred stock in April 2021 2021YTD1 Benchmark Debt Issuance by Currency GBP CAD 3% 6% EUR 29% USD 62% Benchmark Debt and Preferred Stock Issuance vs. Maturities² and Liability Management Actions ($bn) $31.9 $27.2 $30.6 $22.5 $21.8 $19.5 $22.0 $5.4 2018 2019 2020 2021YTD1 2021 Potential Outflows³ 2022 $23.5 2023 $21.2 ■Debt Issuance Preferred Stock Issuance ■Debt Maturities Liability Management Debt Eligible to Be Par Called 8

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