Investor Report
RBC Covered Bond Programme Monthly Investor ReportCalculationDate: 12/31/2020 This report contains informationregarding assets pledged assecurity (the Cover Pool) inrespect of the obligations underthe Covered Bonds issued underRBC's Global Covered BondProgramme as of the indicatedCalculation Date. In this report,credit bureau scores refer toFICO® Scores obtained fromTransUnion, based on the latestavailable information as at thecut-off date of the report andgenerally calculated in the samecalendar quarter as this report.The