City National BankC O M P A N Y O V E R V I E W

NMLSR ID #536994 CNB MEMBER FDIC City National Bank is a subsidiary of Royal Bank of Canada. ©2018 City National Bank. All Rights Reserved. 4270.35 REV 5/18

City National Bank emerged from the global financial crises bigger, better, safer and stronger than ever. With assets of $48.8 billion, our company has an exceptional deposit base, a premier clientele and a strong balance sheet. It is:■■ Well-capitalized■■ Consistently profitable■■ FDIC Member Bank

Today, City National is better positioned than ever to meet the financial needs and objectives of its clients and to fulfill its value proposition as America’s Premier Private and Business Bank®

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STRONG CAPITAL POSITION

One key measure of a bank’s financial strength is its capital ratios. A strong capital position can enable a bank to withstand the kinds of economic challenges we continue to see today.

At April 30, 2018 City National Bank had capital ratios that easily exceeded regulatory standards. Under Basel III capital rules, which became effective for the bank on January 1, 2015, City National’s common equity Tier 1 ratio was 10.4% at April 30, 2018.

CONSERVATIVE MANAGEMENT

City National maintains a conservative risk profile and, as a result, has avoided many of the highly publicized problems affecting other financial institutions. The company has:■■ Never been an active player in the credit default swap

market.■■ No significant concerns about auto loans, consumer

credit card debt, home equity lines or residential mortgage debt.

STRONG CREDIT RATINGS

Credit ratings are another indicator of financial strength, and City National’s credit ratings remain strong.

Issuer As of 4/30/2018 Moody’s Fitch Standard

& Poor’s DBRS

Credit Rating A3 AA- A+ AA (low)

MAXIMUM FULL FDIC PROTECTION

All types of deposit accounts held at City National Bank, including checking and savings accounts, money market accounts, retirement accounts and certificates of deposit, are covered by FDIC insurance up to the standard maximum deposit insurance amount. Non-deposit investment accounts are not insured by the FDIC.

The standard FDIC deposit insurance coverage is $250,000 per depositor and account ownership type.

About City National

CONSOLIDATED FINANCIAL HIGHLIGHTS (CITY NATIONAL BANK AND MANAGED AFFILIATES)

At 4/30/18 At 4/30/17

Total assets: $48.8 bil. $45.0 bil.

Total deposits: $42.0 bil. $39.4 bil.

Loans and leases, excluding acquired impaired loans: $32.5 bil. $28.0 bil.

Assets under management*: $47.7 bil. $43.8 bil.

Assets under management or administration*: $64.9 bil. $58.5 bil.

* Prior periods have been reclassified to conform to current period presentation.

OTHER FAST FACTS■■ Founded by a small group of local entrepreneurs in 1954.■■ Expanded to Northern California in 2000 with the

purchase of The Pacific Bank, followed by the acquisition of Oakland-based Civic BanCorp in 2002.

■■ Opened an office in New York City in 2002 to serve clients who do business on both coasts and prospective clients in Manhattan; added a second office in 2011 and a third in 2016.

■■ Expanded to Nevada in 2007 with the acquisition of Business Bank Corp., followed by Sun West Bank in 2010 and Nevada Commerce Bank in 2011.

■■ Opened offices in Nashville and Atlanta in 2011, principally to better serve the music industry.

■■ Opened office in Minneapolis in 2017, located in the head-quarters of RBC Wealth Management-U.S.

■■ Recognized by Barron’s as one of America’s top wealth managers 17 years in a row (2001-2017).

■■ Recognized 13 years for excellence in business banking by Greenwich Associates (2005-2017).*

*Each year Greenwich Associates evaluates more than 750 banks. Results are based on interviews of more than 25,000 executives at small businesses with sales of $1 million to $500 million. No Greenwich Excellence Awards in City National’s business banking categories were made in 2006.

ACQUISITIONS

■■ Rochdale Investment Management (2012)■■ First American Equipment Finance (2012)■■ Nevada Commerce Bank (2011)■■ Sun West Bank (2010)■■ 1st Pacific Bank of California (2010)■■ Imperial Capital Bank (2009)■■ Lee Munder Capital Group (2009)■■ Convergent Wealth Advisors (2007)■■ Business Bank Corporation (2007)■■ Independence Investment LLC (2006)■■ Convergent Capital Management (2003)■■ Civic BanCorp (2002)■■ Reed, Conner & Birdwell (2000)*■■ The Pacific Bank (2000)■■ American Pacific State Bank (1999)■■ North American Trust Company (1998)■■ Harbor Bank (1998)■■ Riverside National Bank (1997)■■ Frontier Bank (1997)■■ Ventura County National Bank (1997)■■ First Los Angeles Bank (1995)

*Later sold

PRODUCTS & SERVICES

■■ Commercial Banking■■ Private Banking■■ Preferred Banking■■ Personal and Business Banking■■ Wealth Management■■ Services for Professional Firms■■ International Banking ■■ Treasury Management Services■■ Entertainment Banking■■ Real Estate Banking ■■ Online Services

Los Angeles-based City National Bank offers a full complement of banking, trust and investment services in 71 offices, including 19 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville, Atlanta, Minneapolis and Washington, D.C. Its more than 4,600 colleagues deliver highly personal service and complete financial solutions to entrepreneurs, professionals, their businesses and their families.

Through its subsidiaries, including City National Rochdale, LLC; City National Securities, Inc.; First American Equipment Finance, and other affiliated companies, City National also makes available wealth management, brokerage and leasing services among others.

On November 2nd, 2015, City National merged with Royal Bank of Canada (RBC). For more information about RBC, please see rbc.com.

Safe, Sound, Strong & Well-Capitalized

City National Bank’s capital ratios easily exceed regulatory standards for well-capitalized institutions.

As of April 30, 2018

Total Risk-Based Tier 1 Risk-Based Tier 1 LeverageCommon Equity Tier 1

n CITY NATIONAL BANK n REGULATORY WELL-CAPITALIZED

13.1%

10.0%10.4% 10.4%

8.0%

6.5%

7.7%

5.0%

14%

12%

10%

8%

6%

4%

2%

0%

This document contains forward-looking statements about the company, for which the company claims the protection of the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties, and future activities and results may differ materially from these expectations. NON DEPOSIT INVESTMENT PRODUCTS ARE NOT FDIC INSURED; NOT BANK GUARANTEED; AND MAY LOSE VALUE