Economic Backdrop and Financial Performance Objectives

Canadian residential portfolio: Strong underlying credit quality Canadian Residential Mortgage Portfolio (1) ($ billions) $199.6 85% ■ Insured Uninsured Canadian Banking RESL Portfolio (2) Total $401BN Uninsured $339BN Mortgage Balance $366BN $304BN $89.2 (22%) $308.9 (78%) $74.1 HELOC Balance $35BN $35BN LTV at Origination 71% 68% CCLTV 51% 50% GVA 47% 47% $41.3 $43.5 84% GTA 51% 51% 55% 73% $20.3 $19.3 Average FICO Score 802 806 15% 58% 56% 45% FICO > 800 51% 52% 16% 27% 42% 44% CCLTV >80% & FICO < 680 1.42% 0.75% Ontario B.C. & Territories Alberta Quebec Manitoba & Sask. Atlantic 90+ Days Past Due (3) 19 bps 17 bps 51% 48% 55% CCLTV - Canadian Banking Residential Lending Portfolio only (2) Canadian Banking RESL Portfolio (2) GVA 13 bps 13 bps 52% 54% 53% GTA 17 bps 16 bps Average Duration CCLTV >80% 7% 17% 65%-80% FICO Scores >720 681-720 ■620-680 ■ <620 Remaining Mortgage Amortization(4) 24 years 26 years Original Term(5) 41 months 39 months Remaining Term 25 months 25 months Portfolio Mix Variable Rate Mortgage 27% 30% 21% 50%-65% Fixed Rate Mortgage 73% 70% Owner Occupied 86% 83% 38% <50% 0% 10% 20% 30% 40% 50% Non-Owner Occupied Detached Condo 14% 17% 72% 73% 12% 12% % of Total Canadian Banking RESL Portfolio (1) Canadian residential mortgage portfolio of $398BN comprised of $366BN of residential mortgages in Canadian Banking, $3BN in other Canadian business platforms, $12BN of mortgages with commercial clients ($9BN insured) and $18BN of residential mortgages in Capital Markets held for securitization purposes (all insured). (2) Real estate secured lending includes residential mortgages and HELOCS. Based on $366BN in residential mortgages with non-commercial clients and $35BN in HELOC in Canadian Banking. Based on spot balances. Weighted by mortgage balances and adjusted for property values based on the Teranet-National Bank National House Price Indext. (3) The 90+ day past due rate includes all accounts that are either 90 days or more past due or are in impaired status. (4) Excluding interest only mortgages. (5) Original term for booking during the quarter. 31 RISK REVIEW RBC

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