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APPENDIX 2 | PERSONAL AND COMMERCIAL BANKING P&C Summary Results - Q1 2024 ($MM) Adjusted Results (1) Q1 24 Q4 23 Q1 23 QoQ YOY Revenues 1,154 1,118 1,104 3% 5% Personal 640 611 603 5% 6% Commercial 514 507 501 1% 3% Non-Interest Expenses 615 612 593 4% " Pre-Tax / Pre-Provisions 539 506 511 7% 5% PCL 71 65 61 Net Income 339 320 326 - 6% 4% Efficiency Ratio (2) (%) 53.3% 54.7% 53.7% (140bps) (40bps) Reported Results Q1 24 Q4 23 Q1 23 QoQ YoY ■ Revenues up 5% YoY, mainly from balance sheet growth ■ Expenses up 4% YoY, with continued technology investments, partly offset by lower amortization Average deposits up 1% QoQ and average loans up 2% QoQ Broad-based growth in commercial lending NIM stable QoQ, reflecting higher asset and deposit spreads, mainly offset by balance sheet Revenues 1,154 1,118 1,104 3% 5% mix Non-Interest Expenses 615 680 593 (10%) 4% Pre-Tax / Pre-Provisions 539 438 511 23% 5% PCL 71 65 61 Net Income 339 271 326 Efficiency Ratio) (%) 53.3% 60.8% 53.7% 25% (750bps) (40bps) 4% P&C Net Interest Margin (NIM on Average Interest-Bearing Assets) Key Metrics Q1 24 Avg Loans & Bas 153,291 Q4 23 150,847 Q1 23 145,347 QoQ YOY 2% 5% 2.36 % 2.36 % 2.35% 2.34 % 2.34 % Personal Commercial 96,701 96,282 94,511 56,590 54,565 50,836 0.4% 2% 4% 11% Avg Deposits 88,949 87,873 85,051 1% 5% Personal Commercial PCL Ratio 40,845 40,357 39,591 1% 3% 48,104 47,516 45,460 0.18% 0.17% 0.17% 1% 6% Q1 23 Q2 23 Q3 23 Q4 23 Q1 24 (1) Excluding specified items when applicable, which are non-GAAP financial measures. See slides 2 and 32. (2) Represents a supplementary financial measure. See slide 2. 20|

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