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Investor Presentaiton

Credit Performance Within Expectations HIGHLIGHTS YEAR-OVER-YEAR Increase driven by performing PCLs vs. net releases in the prior year Performing PCLs driven by less favourable macroeconomic forecast and strong portfolio growth QUARTER-OVER-QUARTER $35 million in performing PCLs in Q4/22 was driven by less favourable macroeconomic forecast and strong portfolio growth Impaired PCLs remained near historical lows PCLs ($MM) Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 All-Bank Impaired 511 Performing 405 406 389 494 • (343) (183) (187) 23 35 Total 168 222 219 412 529 • Canadian Banking Impaired 99 125 131 143 153 Performing (195) (160) (143) (50) 10 Total (96) (35) (12) 93 163 International Banking Impaired 407 286 278 262 320 Performing (93) (12) (2) 63 35 Total 314 274 276 325 355 Global Wealth Management Impaired 3 2 1 2 (1) Performing (2) (3) - 3 2 Total 1 (1) 1 5 1 Global Banking and Markets Impaired 2 (8) (4) (18) 22 Performing (52) (8) (42) 3 (11) Total (50) (16) (46) (15) 11 Other (1) (1) 15 15
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