Mr. Asim Imran reports

ROYAL BANK OF CANADA ANNOUNCES ELECTION OF DIRECTORS

The nominees listed in the management proxy circular dated Feb. 13, 2024, were elected as directors of Royal Bank of Canada at the annual meeting of common shareholders held earlier today. The detailed results of the vote for the election of directors are set out in the attached table.

Each of the following 13 nominees was elected as a director.

Final voting results on all matters voted on at the annual meeting of common shareholders will be available shortly on Royal Bank's website and will be filed with Canadian and U.S. securities regulators.

About Royal Bank of Canada

RBC is a global financial institution with a purpose-driven, principle-led approach to delivering leading performance. The bank's success comes from the more than 94,000 employees who leverage their imaginations and insights to bring RBC's vision, values and strategy to life so the bank 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, RBC has a diversified business model with a focus on innovation and providing exceptional experiences to its more than 17 million clients in Canada, the United States and 27 other countries.