Financial Performance and Digital Progress Update

Fiscal 2023 Financial Performance $MM, except EPS 2023 Y/Y Reported Net Income $7,528 (26%) Pre-Tax, Pre-Provision Profit¹ Diluted EPS $13,176 $5.78 (8%) (28%) Revenue $32,307 3% Expenses $19,131 12% Productivity Ratio² 59.2% 480 bps Net Interest Margin³ 2.12% (8 bps) PCL Ratio² 44 bps 25 bps PCL Ratio on Impaired Loans² 35 bps 11 bps • Return on Equity² 10.4% (440 bps) Return on Tangible Common Equity³ 13.0% (560 bps) • NIM down 8 bps Adjusted³ Net Income $8,441 (21%) • Loans up 9% Pre-Tax, Pre-Provision Profit¹ $13,677 (9%) • WHOLE YEAR HIGHLIGHTS Adjusted diluted EPS down 23% (reported down 28%) o Higher PCLs and expenses, offset by lower provision for income taxes Adjusted revenues up 1% (reported up 3%) o Net interest income up 1% o Adjusted non-interest income flat (reported up 5%) ■ Lower trading and wealth revenues, and higher banking revenues, fees and commissions Adjusted expenses up 9% (reported up 12%) Adjusted operating leverage³ of -8.3% PCL ratio of 44 bps Deposits5 up 9% Diluted EPS $6.54 (23%) Revenue Expenses $31,940 1% $18,263 9% Productivity Ratio 57.2% 440 bps Return on Equity 11.7% (400 bps) Return on Tangible Common Equity (510 bps) REPORTED NET INCOME WY/WY ($MM) 14.5% 719 10,174 172 REPORTED NET INCOME 4 BY SEGMENT ($ MM) 12022 2023 (16%) 2022 Net Interest Non-Interest Income Income +3% (2,029) 532 7,528 (7%) 4,763 (8%) (2,040) 4,019 1,556 1,431 1,911 1,768 2,418 2,486 Non-Interest Expenses PCLs Taxes 2023 Canadian Banking Global Wealth Management Global Banking and Markets International Banking 1 See non-GAAP reconciliations beginning on slide 43 2 Refer to page 136 of the Management's Discussion & Analysis in the Bank's 2023 Annual Report, available on http://www.sedarplus.ca, for an explanation of the composition of the measure. Such explanation is incorporated by reference hereto 3 Refer to non-GAAP measures on page 20 of the Management's Discussion & Analysis in the Bank's 2023 Annual Report, available on http://www.sedarplus.ca 4 Attributable to equity holders of the Bank 5 Excludes Other segment 5

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