Investor Presentation February 2024

Solid financial performance Medium Term Financial Objectives 1,2 Earnings Per Share ($) EPS Growth 7% to 10% per year Return on Equity 15% or more Return on Tangible 18% or more Common Equity 19.99 11.58 12.96 13.23 11.81 5.76 Operating Leverage 2% or more 2021 2022 2023 Reported ■Adjusted² Capital Capital ratios that exceed regulatory requirements Capital Position6,7 (%) 22.6 2.5 1.9 Credit Ratings³ 16.0 16.1 16.2 16.6 Moody's S&P DBRS Fitch 2.1 2.1 2.1 2.1 1.7 1.7 1.6 1.7 Long term deposits / legacy senior debt4 Aa2 A+ 18.2 AA AA 12.2 12.3 12.5 12.8 Senior debt5 A2 A- AA (low) AA- Outlook Stable Stable Stable Stable Q1'23 Q2'23 CET1 Q3'23 Q4'23 Q1'24 Additional Tier 1 Tier 2 Prior period amounts have been reclassified to conform with the current period presentation, including the retrospective application of IFRS 17 1 We have established medium-term financial objectives for certain important performance measures. Medium-term is generally defined as three to five years, and performance is measured on an adjusted basis 2 Adjusted results and measures are non-GAAP, see slide 56 for more information and slide 57 for adjustments to reported results 3 A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time. Ratings are as at January 31, 2024 4 Long term deposits/legacy senior debt includes: (a) Senior debt issued prior to September 23, 2018; and (b) Senior debt issued on or after September 23, 2018 which is excluded from the Bank Recapitalization (Bail-In) Regime 5 Subject to conversion under the Bank Recapitalization (Bail-In) Regime 6 CET1, Additional Tier 1, Tier 2 and Total Capital ratios are disclosed in accordance with Office of the Superintendent of Financial Institutions' (OSFI) Capital Adequacy Requirements (CAR) Guideline 7 Decline in Q2'23 includes impact from closing the acquisition of Bank of the West BMOM Investor Presentation ⚫ February 2024 7

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