1. 1 Mike Pedersen, TD Bank Financial Group FIRMA Conference April 30, 2009

2. Risk Management = Competitive Advantage 2

3. Financial Crisis Split Sector Along Risk Management Lines 3

4. TD Weathered the Storm 4

5. Understand and Manage Risk: Guiding Principle at TD 5

6. 6 TD’s Position Strongly Capitalized Bank Strong Balance Sheet Triple A Rating North American Powerhouse

7. TD Bank, America’s Most Convenient Bank 7

8. Environment: Critical Risk Management Issue 8

9. Environment: Risk and Opportunity 9

10. Underestimate Environmental Impact at Your Peril 10

11. Winning Organizations Think Green 11

12. Global Warming 12

13. The U.S. Government 13

14. International Climate Change Treaty 14

15. 15 Implications Job Losses New Industry and Sector Economics Trade Tariffs

16. Environmental Disasters 16

17. Carbon Pricing 17

18. Reputation Risk 18

19. Public Pressure 19

20. Opportunities 20

21. 21

22. Attracting and Retaining Talent 22

23. 23 Additional Opportunities Reduced Costs Building Brand Achieving Marketing Goals Stronger Ties

24. First Canadian Bank to go Carbon Neutral 24

25. Step 1: Reduce Energy Consumption 25

26. Step 2: Use Green Energy 26

27. Step 3: Help Others Lower Their Emissions 27

28. 28 Chief Environment Officer Karen Clarke-Whistler

29. Create Opportunities Across the Enterprise 29

30. Engage Public and Do Good 30

31. 31

32. 32 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

33. Understand and Manage Environmental Risk 33

34. #1: Get Your House in Order 34

35. #2: Understand Long-term Environment Implications on Your Business 35

36. #3: Make a Difference Together 36

37. 37