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

Risk Management = Competitive Advantage

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Financial Crisis Split Sector Along Risk Management Lines

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TD Weathered the Storm

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Understand and Manage Risk: Guiding Principle at TD

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TD’s Position

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

TD Bank, America’s Most Convenient Bank

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Environment: Critical Risk Management Issue

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Environment: Risk and Opportunity

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Underestimate Environmental Impact at Your Peril

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Winning Organizations Think Green

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Global Warming

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The U.S. Government

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International Climate Change Treaty

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Implications

• Job Losses• New Industry and Sector

Economics• Trade Tariffs

Environmental Disasters

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Carbon Pricing

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Reputation Risk

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Public Pressure

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Opportunities

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Attracting and Retaining Talent

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Additional Opportunities

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

First Canadian Bank to go Carbon Neutral

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Step 1: Reduce Energy Consumption

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Step 2: Use Green Energy

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Step 3: Help Others Lower Their Emissions

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Chief Environment Officer

Karen Clarke-Whistler

Create Opportunities Across the Enterprise

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Engage Public and Do Good

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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

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#1: Get Your House in Order

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

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#3: Make a Difference Together

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