Investor Presentaiton

ALLOWANCE FOR CREDIT LOSSES (ACL) ACL ($MM) $1,377 + 3% $1,297 $1,235 $1,182 Impaired (1) $318 Impaired (1) $337 Impaired (1) $375 Impaired (1) $418 Impaired (1) $426 $1,416 Total Allowances ■ 1.8x pre-pandemic level Strong coverage of 6.6x LTM Net Charge-Offs Maintaining a prudent level of allowances in light of continued uncertainties Performing Allowances ■ Increase of 2% ($24M) QoQ ■ 7 consecutive quarters of build Strong coverage of 3.4x LTM impaired PCL Impaired Allowances (excluding POCI)(1) Increase of $8M QoQ to $426M Coverage of 39% of gross impaired loans Performing $946 Performing $975 Performing $1,009 Performing $1,069 Performing (2) $1,093 POCI ($82) POCI ($77) POCI ($87) POCI ($110) POCI ($103) Q1 23 Q2 23 Q3 23 Q4 23 Q1 24 (1) Represents Allowances on impaired loans (excluding POCI loans). (2) Performing ACL includes allowances on drawn ($888M), undrawn ($166M) and other assets ($39M). 14

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