TD Conservative ETF Portfolio · TSX:TCON
TD Conservative ETF Portfolio — TD Insurance — Investor Day (September 2025)
22 slides from TD Conservative ETF Portfolio's investor day presentation, Sep 29, 2025
Slide 1: TD Insurance – TD Investor Day, September 29, 2025
TD Insurance TD Investor Day – September 29, 2025 Title Slide SECTION ONE James Russell President & CEO, TD Insurance
Slide 2: Caution Regarding Forward-Looking Statements
Caution Regarding Forward-Looking Statements From time to time, the Bank (as defined in this document) makes written and/or oral forward-looking statements, including in this document, in other filings with Canadian regulators or the United States (U.S.) Securities and Exchange Commission (SEC), and
Slide 3: The leading Canadian digital direct insurer with a strong record of disruption
TD Insurance The leading Canadian digital direct insurer with a strong record of disruption $6.5B 4MM+ #1 ~28% TD Insurance (TDI) Premiums Clients2 Brand in 5-year 8% CAGR1 Home and Auto3 average ROE4,5 75 years of protecting Canadians Title Slide #1 #1 Diversified portfolio - home, auto, business,
Slide 4: TD Insurance products provide significant franchise value
TD Insurance TD Insurance products provide significant franchise value We protect TD clients with a strong suite of products and extend reach to additional valuable segments Protecting TD Bank Clients Protecting both TD Bank Affinity Embedded and/or integrated with Bank products and non-Bank Clients
Slide 5: Scaled, direct model offers irreplicable unique advantages
TD Insurance Scaled, direct model offers irreplicable unique advantages Brand +16% Low-cost advantage Digitization & automation Power More efficient enables transformative shifts costs to fixed; 20% avg. marketing1 investments annual phone channel cost 1 reduction5 Title Slide 1.5x 2 Client Higher t
Slide 6: Strategic Review highlights opportunities to double General Insurance business
TD Insurance Strategic Review highlights opportunities to double General Insurance business Strategically & Operationally Title Slide Financially Extend lead in client acquisition Continue to prudently manage catastrophe risk SECTION ONE Re-envision the business with AI Widen ROE advantage through e
Slide 7: Success enables enhanced growth, efficiency, and profitability
TD Insurance Success enables enhanced growth, efficiency, and profitability Medium-term (FY'29) Targets ~28% Double Digit ~30% Adj.1 ROE Premiums CAGR2 (%) Adj.1 Efficiency Ratio2 (Net of ISE) 158 — T D I N V E S T O R D A Y 2 0 2 5
Slide 8: How we will deliver: Deeper Relationships
TD Insurance How we will deliver Deeper Relationships Simpler & Faster Disciplined Execution 159 — T D I N V E S T O R D A Y 2 0 2 5
Slide 9: Outpacing the industry through dominant brand strength & digital marketing leadership
TD Insurance Deeper Relationships Simpler & Faster Disciplined Execution Outpacing the industry through dominant brand strength & digital marketing leadership Best-in-class marketing organization Accelerate GI business to reach #2 market share rank • 2x marketing effectiveness1 (FY'19-FY'24), +100%
Slide 10: Exceed client expectations with leading digital capabilities
TD Insurance Deeper Relationships Simpler & Faster Disciplined Execution Exceed client expectations with leading digital capabilities 4.8 Top Rated Insurance App2 Medium- Unrivaled Digital Assets Current term Clients digitally Title Slide engaged3 75% 90%+ #1 Search Engine Optimization1 MyInsurance
Slide 11: How we will deliver: Simpler & Faster
TD Insurance How we will deliver Deeper Relationships Simpler & Faster Disciplined Execution 162 — T D I N V E S T O R D A Y 2 0 2 5
Slide 12: We continue to disrupt the industry, harnessing full potential of AI
TD Insurance Deeper Relationships Simpler & Faster Disciplined Execution We continue to disrupt the industry, harnessing full potential of AI AI in Everything (future state) Digital Transformation (FY'19 to today) Uniquely positioned to deliver personalized client experiences via AI Direct Advantage
Slide 13: Reimagining insurance for our clients in the age of AI
TD Insurance Deeper Relationships Simpler & Faster Disciplined Execution Reimagining insurance for our clients in the age of AI Title Slide SECTION ONE 164 — T D I N V E S T O R D A Y 2 0 2 5
Slide 14: Raising the bar with fast and intuitive AI-powered claims
TD Insurance Deeper Relationships Simpler & Faster Disciplined Execution Raising the bar with fast and intuitive AI-powered claims Over the medium-term, From: Manual auto claims process with multiple handoffs…. we aim to deliver… Auto claims settlements Title Slide in less than 15 minutes1 Accident
Slide 15: How we will deliver: Disciplined Execution
TD Insurance How we will deliver Deeper Relationships Simpler & Faster Disciplined Execution 166 — T D I N V E S T O R D A Y 2 0 2 5
Slide 16: We have invested in next-generation analytics to drive profitable growth
TD Insurance Deeper Relationships Simpler & Faster Disciplined Execution We have invested in next-generation analytics to drive profitable growth Our unique combination of Talent, Data and Technology…. … allows us to grow with confidence… 300+ New Usage Based Auto Insurance program Data Scientists,
Slide 17: We have a robust toolbox to manage catastrophe risk
TD Insurance Deeper Relationships Simpler & Faster Disciplined Execution We have a robust toolbox to manage catastrophe risk Pricing & Reinsurance Claims Monitoring & Prevention & Underwriting Management Resourcing Controls Advice Title Slide 100s $2.5B 120+ Advanced Partnered SECTION ONE Of pricing
Slide 18: Cost discipline aims to deliver ~$200-300MM in run-rate savings
TD Insurance Deeper Relationships Simpler & Faster Disciplined Execution Cost discipline aims to deliver ~$200-300MM in run-rate savings Run-Rate Cost Medium-term Key Cost Initiatives Savings Target1 ~$200-$300MM Distribution Transformation: Advance digital adoption via best- Title Slide in-class cl
Slide 19: Irreplicable growth flywheel fueled by direct model, brand power & cost leadership
TD Insurance Why TD Insurance Irreplicable growth flywheel fueled by direct model, brand power & cost leadership Sophisticated client acquisition through marketing investments Title Slide Leading digital-first capabilities powering personalized experiences SECTION ONE Proprietary data enabling super
Slide 20: Endnotes on Slides
TD Insurance Endnotes on Slides 154 to 156 Slide 154 1. 5-year Total TDI Premiums CAGR FY 2019 to FY 2024. 2. As of July 2025. 3. Ipsos, TD Insurance ranking, English Canada past 12 months ending June 2025 among Home & Auto insurance holders or next 12 months purchase intenders. 4. Average Return on
Slide 21: Endnotes on Slides
TD Insurance Endnotes on Slides 158 to 161 Slide 158 1. The Bank prepares its consolidated and interim consolidated financial statements in accordance with International Financial Reporting Standards (IFRS), the current generally accepted accounting principles (GAAP), and refers to results prepared
Slide 22: Endnotes on Slides
TD Insurance Endnotes on Slides 165 to 169 Slide 165 1. Auto physical damage claims. 2. Measured by average time from claims first notice of loss to claims settlement by medium-term, as compared to Fiscal 2024. Slide 167 1. As of July 2025. Slide 168 1. TD Insurance sponsored the first-ever Canadian