TECHNOLOGY @ RBC

Strong financial profile Resilient Earnings Net income ($ billions) Maintaining a strong capital position with a disciplined approach to risk Premium Return on Equity(1) 11.5 2017 PCL (2) 0.21% 0.23% 0.31% 0.63% NIM (3) 1.69% 1.64% 1.61% 1.55% 12.9 12.4 17.6% 11.4 17.0% 16.8% 14.2% 2018 2019 2020 Strong Capital Position 15.2% 15.3% 15.5% 14.9% 14.6% 12.5% 12.1% 12.0% 11.7% 12.0% 2017 2018 Strong Leverage and Liquidity Ratios Leverage Ratio Liquidity Coverage Ratio 2019 2020 Credit Ratings Amongst the Highest Globally 4.8% 145% Moody's S&P DBRS Fitch Legacy senior Aa2 AA- long-term debt(4) AA (high) AA+ Senior long-term debt(5) Outlook A2 A AA AA Stable Stable Stable Negative Q4/19 Q1/20 ■Total Capital Q2/20 Q3/20 ■Common Equity Tier 1 (CET1) Q4/20 (1) Return on Equity (ROE). This measure does not have a standardized meaning under GAAP. For further information, refer to the Key performance and non-GAAP measures section of 2020 Annual Report. (2) Provision for credit losses (PCL) on loans as a % of average net loans and acceptances. (3) Net interest margin (NIM) (average earning assets, net). (4) Ratings (as at December 1, 2020) for senior long-term debt issued prior to September 23, 2018 and senior long-term debt issued on or after September 23, 2018, which is excluded from the Canadian Bank Recapitalization (Bail-in) regime. (5) Ratings (as at December 1, 2020) for senior long-term debt issued on or after September 23, 2018 which is subject to conversion under the Bail-in regime. 6 ABOUT RBC RBC

View entire presentation