Deposit Interest Rates

Deposit Interest Rates Royal Bank of Canada (Channel Islands) Limited ("the Bank") offers fixed term deposits and other interest bearing accounts in most of the major currencies subject to the Bank's General Terms and Conditions ("the Terms") and any further specific terms and conditions outlined below. Interest Rates as at: 05 Apr 2018 Please note that (i) interest rates are quoted for a specific monetary value range and may vary unless otherwise stated and are correct as at the date indicated above; (ii) interest is calculated daily on all deposits and paid, or charged in the event of negative interest rates prevailing from time to time, ("Applied") on the dates indicated below for each type of account; (iii) interest is calculated from the date of receipt of cleared funds and there is no minimum period of deposit before interest is calculated; (iv) Fixed Deposits and Executive Plus accounts are offered subject to (a) the Client meeting the required minimum monetary value for their total relationship with RBC Wealth Management (being 125,000 or currency equivalent thereof) and (b) the minimum balance requirements reflected below for each type of account and the various currencies in which it is offered. The Bank reserves the right to refuse to accept any funds for deposit that are below the stated minimum balance requirements. Please contact your Relationship Manager for details of the accounts that are available and also the latest interest rates in the various currencies. Australian 140,000-280,000-650,000-1,350,000-2,750,000-13,750,000+ Dollar (AUD) 279,999 649,999 1,349,999 2,749,999 13,749,999 7 days 0.150 0.275 0.525 0.650 0.900 1.025 1 month 0.350 0.475 0.725 0.850 1.100 1.225 2 months 0.500 0.625 0.875 1.000 1.250 1.375 3 months 0.500 0.625 0.875 1.000 1.250 1.375 6 months 0.500 0.625 0.875 1.000 1.250 1.375 12 months 0.500 0.625 0.875 1.000 1.250 1.375 Canadian 100,000-200,000-500,000-1,000,000-2,000,000-10,000,000+ Dollar (CAD) 199,999 499,999 999,999 1,999,999 9,999,999 7 days 0.000 0.000 0.075 0.200 0.450 0.575 1 month 0.000 0.025 0.275 0.400 0.650 0.775 2 months 0.100 0.225 0.475 0.600 0.850 0.975 3 months 0.200 0.325 0.575 0.700 0.950 1.075 6 months 0.300 0.425 0.675 0.800 1.050 1.175 12 months 0.500 0.625 0.875 1.000 1.250 1.375 Danish Krone 600,000-1,200,000-3,000,000-6,000,000-12,000,000-60,000,000+ (DKK) 1,199,999 2,999,999 5,999,999 11,999,999 59,999,999 1 Euro 75,000-150,000-375,000-750,000-1,500,000-7,500,000+ (EUR) 149,999 374,999 749,999 1,499,999 7,499,999 7 days N/A N/A N/A N/A N/A N/A 1 month N/A N/A N/A N/A N/A N/A 2 months N/A N/A N/A N/A N/A N/A 3 months N/A N/A N/A N/A N/A N/A 6 months N/A N/A N/A N/A N/A N/A 12 months N/A N/A N/A N/A N/A N/A Hong Kong 600,000-1,200,000-3,000,000-6,000,000-12,000,000-60,000,000+ Dollar (HKD) 1,199,999 2,999,999 5,999,999 11,999,999 59,999,999 1 month 0.000 0.000 0.000 0.000 0.100 0.225 2 months 0.000 0.000 0.025 0.150 0.400 0.525 3 months 0.000 0.000 0.175 0.300 0.550 0.675 6 months 0.000 0.125 0.375 0.500 0.750 0.875 12 months 0.350 0.475 0.725 0.850 1.100 1.225 Japanese Yen 10,000,000-25,000,000-50,000,000-125,000,000-250,000,000-1,000,000,000+ (JPY) 24,999,999 49,999,999 124,999,999 249,999,999 999,999,999 1 Page 1 of 5

New Zealand 200,000-400,000-850,000-1,700,000-3,500,000-17,500,000+ Dollar (NZD) 399,999 849,999 1,699,999 3,499,999 17,499,999 7 days 0.350 0.475 0.725 0.850 1.100 1.225 1 month 0.450 0.575 0.825 0.950 1.200 1.325 2 months 0.500 0.625 0.875 1.000 1.250 1.375 3 months 0.500 0.625 0.875 1.000 1.250 1.375 6 months 0.600 0.725 0.975 1.100 1.350 1.475 12 months 0.650 0.775 1.025 1.150 1.400 1.525 Norwegian 600,000-1,200,000-3,000,000-6,000,000-12,000,000-60,000,000+ Krone (NOK) 1,199,999 2,999,999 5,999,999 11,999,999 59,999,999 7 days 0.000 0.000 0.000 0.000 0.000 0.075 1 month 0.000 0.000 0.000 0.000 0.200 0.325 2 months 0.000 0.000 0.025 0.150 0.400 0.525 3 months 0.000 0.000 0.075 0.200 0.450 0.575 6 months 0.000 0.000 0.075 0.200 0.450 0.575 12 months 0.000 0.000 0.175 0.300 0.550 0.675 Singapore 150,000-375,000-750,000-1,500,000-3,000,000-15,000,000+ Dollar (SGD) 374,999 749,999 1,499,999 2,999,999 14,999,999 7 days 0.000 0.000 0.000 0.000 0.200 0.325 1 month 0.000 0.000 0.025 0.150 0.400 0.525 2 months 0.000 0.025 0.275 0.400 0.650 0.775 3 months 0.000 0.125 0.375 0.500 0.750 0.875 6 months 0.000 0.125 0.375 0.500 0.750 0.875 12 months 0.150 0.275 0.525 0.650 0.900 1.025 South African 850,000-1,700,000-4,000,000-8,000,000-16,000,000-80,000,000+ Rand (ZAR) 1,699,999 3,999,999 7,999,999 15,999,999 79,999,999 7 days 5.150 5.275 5.525 5.650 5.900 6.025 1 month 5.350 5.475 5.725 5.850 6.100 6.225 2 months 5.550 5.675 5.925 6.050 6.300 6.425 3 months 5.550 5.675 5.925 6.050 6.300 6.425 6 months 5.550 5.675 5.925 6.050 6.300 6.425 12 months 5.550 5.675 5.925 6.050 6.300 6.425 Sterling 50,000-100,000-250,000-500,000-1,000,000-5,000,000+ (GBP) 99,999 249,999 499,999 999,999 4,999,999 7 days 0.000 0.000 0.000 0.000 0.150 0.275 1 month 0.000 0.000 0.000 0.000 0.200 0.325 2 months 0.000 0.000 0.000 0.050 0.300 0.425 3 months 0.000 0.000 0.000 0.100 0.350 0.475 6 months 0.000 0.000 0.075 0.200 0.450 0.575 12 months 0.000 0.000 0.175 0.300 0.550 0.675 Swedish 600,000-1,200,000-3,000,000-6,000,000-12,000,000-60,000,000+ Krona (SEK) 1,199,999 2,999,999 5,999,999 11,999,999 59,999,999 1 Swiss Franc 170,000-350,000-850,000-1,700,000-3,500,000-17,500,000+ (CHF) 349,999 849,999 1,699,999 3,499,999 17,499,999 7 days N/A N/A N/A N/A N/A N/A 1 month N/A N/A N/A N/A N/A N/A 2 months N/A N/A N/A N/A N/A N/A 3 months N/A N/A N/A N/A N/A N/A 6 months N/A N/A N/A N/A N/A N/A 12 months N/A N/A N/A N/A N/A N/A Page 2 of 5

US Dollar 75,000-150,000-375,000-750,000-1,500,000-7,500,000+ (USD) 149,999 374,999 749,999 1,499,999 7,499,999 7 days 0.700 0.825 1.075 1.200 1.450 1.575 1 month 0.800 0.925 1.175 1.300 1.550 1.675 2 months 0.900 1.025 1.275 1.400 1.650 1.775 3 months 1.150 1.275 1.525 1.650 1.900 2.025 6 months 1.150 1.275 1.525 1.650 1.900 2.025 12 months 1.250 1.375 1.625 1.750 2.000 2.125 - Rates are dependent upon money market conditions and may fluctuate from day to day. - Interest is Applied at maturity. - Funds may only be withdrawn on the maturity of the deposit and funds added on the reinvestment date. - Instructions on existing deposits must be given by 12:00 noon on the day of maturity for Sterling deposits and for all other currencies, two working days before the maturity date. - In the event that the client maintains separate capital and income accounts, then only the principal sum of the maturing deposit will be reinvested for the same term as the preceding deposit and the interest (due from the maturing deposit) will be credited or paid to the client's designated income account. Executive Plus Account 20,000-50,000-100,000-250,000+ 49,999 99,999 249,999 Sterling 0.000 0.000 0.000 0.000 30,000-100,000-200,000-500,000+ US Dollar 0.010 0.020 0.395 0.895 Euro -0.400-0.400-0.400-0.400 40,000-100,000-200,000-500,000+ Canadian Dollar 0.010 0.020 0.108 0.608 Swiss Franc -1.250-1.250-1.250-1.250 50,000-150,000-300,000-750,000+ 149,999 299,999 749,999 New Zealand Dollar 0.000 0.099 0.349 0.849 Singapore Dollar 0.000 0.000 0.000 0.372 200,000-500,000-1,000,000-2,500,000+ 499,999 999,999 2,499,999 Danish Krone 0.000 0.000 0.000 0.000 Hong Kong Dollar 0.000 0.000 0.000 0.000 Norwegian Krone 0.000 0.000 0.000 0.000 South African Rand 4.175 4.925 5.175 5.675 Swedish Krona 0.000 0.000 0.000 0.000 50,000-100,000-200,000-500,000+ Australian Dollar 0.000 0.065 0.315 0.815 4,000,000-10,000,000-20,000,000-50,000,000+ 9,999,999 19,999,999 49,999,999 Japanese Yen 0.000 0.000 0.000 0.000 - Interest rates are reviewed on the 5th of each month. - Interest is Applied on the 5th of every month (or the previous business day) or on the closure of the account. - Funds may be withdrawn without notice. - Funds will not attract interest for the period during which the balance on an account falls below the minimum quoted. Page 3 of 5

Notice Accounts Sterling 100,000-15,000,000 31 Day Notice 0.350 91 Day Notice 0.500 US Dollar 150,000-20,000,000 31 Day Notice 1.850 91 Day Notice 2.250 Canadian Dollar 150,000-25,000,000 31 Day Notice 0.500 - Interest rates are reviewed on the 1st of each month. - Interest is Applied on the last day of every month (or the previous business day) or on the closure of the account. - The appropriate Notice period must be served and allowed to expire in full before accessing funds. - Upon giving Notice the funds will be placed on a Notice Contract for the appropriate Notice period. - The Notice Contract will be priced at the prevailing Notice Account interest rate upon giving Notice. Overdraft Interest Rates Executive Plus Account Australian Dollar 17.012 Canadian Dollar 16.711 Danish Krone 15.000 Euro 15.000 Hong Kong Dollar 16.215 Japanese Yen 15.000 New Zealand Dollar 16.928 Norwegian Krone 16.170 Singapore Dollar 16.505 South African Rand 21.892 Sterling 15.752 Swedish Krona 15.000 Swiss Franc 15.000 US Dollar 17.331 - Interest rates are reviewed on the 5th of each month. - Debit interest is calculated daily and applied on the last working day of each month. - Overdrafts are not available on either or Notice accounts. - Please refer to the Bank's Terms and Conditions in respect of overdrafts. Page 4 of 5

Clients should note the important information provided in clause 3.2 of the Bank's Terms regarding Taxation before establishing or operating an account with the Bank. Although credit interest is paid gross you may well be liable to tax on this income in the jurisdiction in which you pay tax. In these circumstances, you are obliged to declare such income to the relevant tax authority. Royal Bank of Canada (Channel Islands) Limited ( the Bank ) is regulated by the Guernsey Financial Services Commission in the conduct of deposit taking and investment business and to act as a custodian/trustee of collective investment schemes in Guernsey and is also regulated by the Jersey Financial Services Commission in the conduct of deposit taking, fund services and investment business in Jersey. The Bank's General Terms and Conditions are updated from time to time and can be found at www.rbcwealthmanagement.com/gb/en/terms-and-conditions. Registered office: Canada Court, St.Peter Port, Guernsey, Channel Islands, GY1 3BQ, registered company number 3295. Deposits made with the offices of Royal Bank of Canada (Channel Islands) Limited in Guernsey and Jersey are not covered by the UK Financial Services Compensation Scheme. Royal Bank of Canada (Channel Islands) Limited is a participant in the Guernsey and Jersey Banking Deposit Compensation Scheme(s). Each Scheme offers protection for qualifying deposits up to 50,000 per individual claimant, subject to certain limitations. The maximum total amount of compensation is capped at 100,000,000 in any 5 year period. Full details are available on the Scheme s website(s) www.dcs.gg or www.gov.je/dcs or on request. Copies of the official leaflet(s) can be found on the Guernsey and Jersey pages of our website. Copies of our latest audited accounts are available upon request from either the Bank's Guernsey office or its Jersey branch at the address stated below. / TM Trademark(s) of Royal Bank of Canada. Used under licence. Guernsey Office Royal Bank of Canada (Channel Islands) Limited PO Box 48, Canada Court, Upland Road, St. Peter Port Guernsey GY1 3BQ Jersey Branch Royal Bank of Canada (Channel Islands) Limited Gaspé House, 66-72 Esplanade, St. Helier Jersey JE2 3QT Tel: +44 (0) 1481 744 000 Tel: +44 (0)1534 283 000 Fax: +44 (0)1481 744 001 Fax: +44 (0)1534 283 801 Email: ci_enquiries@rbc.com Email: ci_enquiries@rbc.com www.rbcwealthmanagement.com RBC1215/May18 Page 5 of 5