Investor Report
RBC Covered Bond Programme Monthly Investor ReportCalculation Date: 2/28/2020 This report contains information regarding assets pledged as security (theCover Pool) in respect of the obligations under the Covered Bonds issued underRBC's Global Covered Bond Programme as of the indicated Calculation Date. Thecomposition of the Cover Pool will change as Loans are added and removed fromthe Cover Pool from time to time and, accordingly, the characteristics andperformance of the Loans in the Cover Pool will vary over time. Certain of the