TECHNOLOGY @ RBC

Canadian residential portfolio has strong underlying credit quality Q4/2020 Highlights Strong underlying quality of uninsured residential mortgage portfolio(1) - 53% of uninsured portfolio have a FICO score >800 Greater Toronto Area and Greater Vancouver Area average FICO scores remain above the Canadian average Only 2% of our residential lending portfolio has an LTV >80% and FICO score of 720 or lower, and is predominantly all insured Condominium outstanding balance is 11% of our Canadian residential lending portfolio Canadian Residential Mortgage Portfolio (2) ($ billions) Canadian Banking Residential Lending Portfolio(1) Mortgage HELOC LTV (2) Uninsured ($252BN) $215.0BN Total ($328BN) $291.0BN $37.0BN $37.0BN 52% 51% 47% 47% GVA GTA 48% 48% Average FICO Score(1) 798 804 90+ Days Past Due(1)(3) GVA GTA 16 bps 13 bps 10 bps 9 bps 7 bps 8 bps Canadian Banking Residential Lending Portfolio(1) LTV(1) LTV (2) 50% $148.0 49% 62% 54% 56% 56% >80% 74% ■ Insured $104.3 (33%) ■ Uninsured $215.0 (67%) 65%-80% $57.9 50%-65% $40.5 $37.3 75% 48% 64% $19.5 <50% $16.0 26% 52% 25% 36% Ontario B.C. & Alberta Quebec Territories 52% 48% Manitoba & Atlantic Sask. 49% 51% 0% 6% 10% FICO Scores ■>720 ■681-720 20% ■620-680 ■ <620 20% 20% 30% 36% 40% % of Total Canadian Banking Residential Lending Portfolio 1) Based on $291BN in residential mortgages and HELOC in Canadian Banking ($37BN). Based on spot balances. Totals may not add due to rounding. (2) Canadian residential mortgage portfolio of $319BN comprised of $291BN of residential mortgages, $10BN of mortgages with commercial clients ($7BN insured) and $18BN of residential mortgages in Capital Markets held for securitization purposes. (3) The 90+ day past due rate includes all accounts that are either 90 days or more past due or are in impaired status. 23 RISK REVIEW RBC

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