Ms. Jacynthe Cote reports

AMANDA NORTON APPOINTED TO ROYAL BANK OF CANADA'S BOARD OF DIRECTORS

Royal Bank of Canada has appointed Amanda (Mandy) Norton to its board of directors, effective Feb. 1, 2024.

Ms. Norton is an accomplished executive with more than 30 years of experience leading independent corporate risk functions and risk oversight activities at global financial institutions. Most recently, she spent four years with Wells Fargo as executive vice-president and chief risk officer. She has also held progressively senior risk and finance positions at JPMorgan Chase & Co., Ally Financial and Bank of America. Ms. Norton also recently served on the board of directors for Credit Suisse Group AG until November, 2023, and serves on the board of Generation Investment Management LLC.

"We are delighted to welcome Mandy to RBC's board of directors. As a highly respected leader with a broad background in global risk finance and a wealth of technical expertise, Mandy will complement the bench strength of our board," said Jacynthe Cote, chair of the board, RBC. "We look forward to working with Mandy as we guide RBC in delivering on its vision of being among the world's most trusted and successful financial institutions."

Ms. Norton, a dual citizen of the United States and the United Kingdom, holds a bachelor of science in mathematics and statistics from the University of Bath in England.

About Royal Bank of Canada

Royal Bank is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Its success comes from the 94,000-plus employees who leverage their imaginations and insights to bring its vision, values and strategy to life so it can help its clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, it has a diversified business model with a focus on innovation and providing exceptional experiences to its more than 17 million clients in Canada, the U.S. and 27 other countries.