Investor Presentation Q3 2020

Energy - E&P and OFS Exposure¹ Total Exploration & Production (E&P) Canadian E&P* U.S. E&P Oilfield Services (OFS) Total E&P and Oilfield Services Exposure² Loans and Acceptances Outstanding ($B) 8.3 3.6 1.2 1.5 9.82 % of Total E&P and OFS % of Total Loans and Acceptances Outstanding % Investment Grade 85% 1.3% 47% 37% 0.6% 63% 12% 0.2% 15% 15% 0.2% 6% 100% 1.5% 41% *Decline in Canadian E&P Investment Grade vs. Q2 2020 related to downward rating migration of the portfolio Total Loans and Acceptances Outstanding reduced by $1.2Bn (11%) vs. Q2 · 41% is rated investment Grade. 49% of Total Energy (including Midstream and Downstream) exposure is Investment Grade • • Outlook has improved due to the recent increase in oil prices Exploration & Production Canada (49%) C&CA 4.8 (0%) Majority of non-investment grade exposure is to secured reserve- based loans or sovereign owned/controlled entities 0.2 Europe E&P and OFS 0.4 (0%) Exposure by • Oilfield Services Geography2 · Majority of non-investment grade exposure is secured. Focused on companies with stronger liquidity and balance sheets $9.8B 0.6 • ACL coverage in E&P and OFS beyond Stage 3 Added substantially to Stage 1&2 ECL in Q2 and Q3 through expert credit judgement. US exposure has material subordinated debt as a first loss tranche and is largely secured Asia (93%) (%IG) 2.5 Latin America (35%) 1.3 U.S. (13%) 1 As of July 31, 2020. Excludes Midstream and Downstream 2 May not add due to rounding 37 37

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