1 mike pedersen, td bank financial group firma conference april 30, 2009

1

Mike Pedersen, TD Bank Financial GroupFIRMA Conference April 30, 2009

Risk Management = Competitive Advantage

2

Financial Crisis Split Sector Along Risk Management Lines

3

TD Weathered the Storm

4

Understand and Manage Risk: Guiding Principle at TD

5

6

TD’s Position

• Strongly Capitalized Bank• Strong Balance Sheet• Triple A Rating• North American Powerhouse

TD Bank, America’s Most Convenient Bank

7

Environment: Critical Risk Management Issue

8

Environment: Risk and Opportunity

9

Underestimate Environmental Impact at Your Peril

10

Winning Organizations Think Green

11

Global Warming

12

The U.S. Government

13

International Climate Change Treaty

14

15

Implications

• Job Losses• New Industry and Sector

Economics• Trade Tariffs

Environmental Disasters

16

Carbon Pricing

17

Reputation Risk

18

Public Pressure

19

Opportunities

20

21

Attracting and Retaining Talent

22

23

Additional Opportunities

• Reduced Costs• Building Brand• Achieving Marketing Goals• Stronger Ties

First Canadian Bank to go Carbon Neutral

24

Step 1: Reduce Energy Consumption

25

Step 2: Use Green Energy

26

Step 3: Help Others Lower Their Emissions

27

28

Chief Environment Officer

Karen Clarke-Whistler

Create Opportunities Across the Enterprise

29

Engage Public and Do Good

30

31

32

Importance of External Recognition

• Positive Impact on Reputation• TD one of World’s 100 Most

Sustainable Companies • Environment Initiatives can Enhance

Competitive Position and be Profitable

Understand and Manage Environmental Risk

33

#1: Get Your House in Order

34

#2: Understand Long-term Environment Implications on Your Business

35

#3: Make a Difference Together

36

37