Investor Presentation February 2024

BMO Wealth Management Performance Balances ($B) 36 Q1'23 56 Reported Revenue ($MM) 1,525 1,465 1,293 265 1,328 50 218 1,128 81 61 60 43 42 1,180 1,243 1,260 1,247 1,247 (52) Q4'23 Q1'24 Q1'23 Q2'23 Avg Deposits ■Avg Gross Loans and Acceptances Reported Revenue by Business - LTM Q1'24 19% 7% 11% 17% ■BMO Private Wealth BMO Asset Management 46% ■BMO Wealth Management US BMO InvestorLine BMO Insurance Q3'23 Q4'23 Q1'24 Insurance Wealth and Asset Management WORLD FINANCE BEST PRIVATE BANK. CANADA 2011-2023 Вио WORLD FINANCE BEST PRIVATE BANK. U.S. 2023 Вио Recognized as the Best Private Bank in Canada for 13 consecutive years Recognized as the Best Private Bank in the US BMO ETFS are #2 in market share¹ Top-2 in Canadian Digital Advice² with adviceDirect and SmartFolio Prior period amounts have been reclassified to conform with the current period presentation, including the retrospective application of IFRS 17. For further information on the adoption of IFRS 17, refer to the Changes in Accounting Policies section in the First Quarter 2024 MD&A 1 Source: National Bank ETF Report as at December 31, 2023 2 Source: Investor Economics Q1 2023 BMOM Investor Presentation ⚫ February 2024 25

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