Investor Update Fourth Quarter 2015

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1 Investor Update Fourth Quarter 2015

2 Caution re: Forward-looking Statements This presentation provides management with the opportunity to discuss the financial performance and condition of Home Capital Group Inc. and Home Trust Company and, as such may contain forward-looking information about strategies and expected financial results. Various factors, many difficult to predict and to control, could cause actual results to differ materially from results projected in forward-looking statements. Accordingly, the audience is cautioned against undue reliance on these remarks. 2

3 Agenda Performance Against Mid Term Targets Financial Performance Capital Management Risk Management 2016 Outlook Fourth Quarter

4 Performance Against Mid-Term Targets Fourth Quarter

5 Mid-term Objectives (3-5 Years) Average pay out 19% - 26% of earnings as dividends Average annual growth in diluted earnings per share (adjusted) of 8% - 13% Maintain strong capital ratios Average annualized return on equity in excess of 16% 5

6 Q Results Q Results Increase (Decrease) vs. Q Results Increase (Decrease) vs Adjusted Net Income* $71.8M - $288.9M (0.1)% Adjusted Diluted EPS* $ $ Adjusted Return on Equity* 18.0% 18.8% Total Loans Under Administration $25.1B 11.1% $25.1B 11.1% Payout Ratio 22.0% 21.5% Total Capital Ratio 20.70% 20.70% CET 1 Ratio 18.31% 18.31% * Adjusted metrics for 2015 exclude the impact of acquisition and integration costs, offset by the gain on bargain purchase in relation to CFF Bank. Adjusted metrics for 2014 exclude the impact of the prepayment income received on the sale of the water heater loan portfolio. 6

7 Financial Performance Fourth Quarter

8 Q Financial Results Q Q Q Adjusted Net Income* $71.8M $72.4M $71.9M $288.9M $289.2M Adjusted Revenue* $246.4M $247.2M $251.9M $993.7M $1.01B NIM (TEB) 2.46% 2.38% 2.27% 2.36% 2.25% Loans Under Administration Adjusted Efficiency Ratio* Provision as a % of Gross Uninsured Loans $25.1B $23.4B $22.6B $25.1B $22.6B 33.7% 30.8% 28.2% 31.8% 28.8% 0.04% 0.08% 0.09% 0.06% 0.10% NPL Ratio 0.28% 0.30% 0.30% 0.28% 0.30% Delivered a net interest margin of 2.46%, from a healthy loan portfolio with low non-performing loans and credit losses, continued progress on improving the pace of loan originations and a strong capital position Total loans under administration rose to $25.1B, driven by its solid core residential business, increases in its Accelerator portfolio and the acquisition of the CFF loans portfolio, along with increases in commercial mortgages and other lending. CET1 Ratio 18.31% 18.06% 18.30% 18.31% 18.30% * Adjusted metrics for 2015 exclude the impact of acquisition and integration costs, offset by the gain on bargain purchase in relation to CFF Bank. Adjusted metrics for 2014 exclude the impact of the prepayment income received on the sale of the water heater loan portfolio. 8

9 YTD 2015 Items of Note After Tax Diluted EPS After Tax Diluted EPS Reported net income and EPS (diluted) $287.3M $4.09 $313.2M $4.45 Items of Note Adjustment for acquisition and integration costs, net of gain recognized on acquisition of CFF Bank (net of tax) $1.6M $ Adjustment for prepayment income on portfolio sale (net of tax) - - $(24.0M) $(0.34) Adjusted net income and EPS $288.9M $4.11 $289.2M $4.11 9

10 Mortgage Originations 1, , , , Q Q Q Q Q Traditional Single family Residential Mortgages Accelerator Single family Residential Mortgages Residential Commercial Mortgages Non Residential Commercial Mortgages Q Q Q Q Q Traditional Single-family Residential Mortgages $1,484.5M $961.3M $1,294.7M $1,514.4M $1,304.3M Accelerator Single-family Residential Mortgages $353.0M $180.0M $279.5M $416.3M $515.9M Residential Commercial Mortgages $313.8M $112.3M $243.9M $347.9M $133.7M Non-Residential Commercial Mortgages $139.1M $130.3M $205.2M $219.3M $200.3M Total Mortgage Originations $2,290.5M $1,384.0M $2,023.3M $2,498.0M $2,154.2M 10

11 Net Interest Margin NIM (TEB) Spread of Non-Securitized Loans over Deposits (TEB) 2.46% 2.97% 2.38% 2.89% 2.93% 2.27% 2.28% 2.29% 2.83% 2.87% Q Q Q Q Q Q Q Q Q Q NIM Non Securitized Assets (TEB) NIM Securitized Assets (TEB) 2.89% 0.52% 0.60% 2.81% 2.83% 0.60% 0.42% 0.46% 2.79% 2.77% Q Q Q Q Q Q Q Q Q Q

12 CFF Acquisition Description of Transaction On October 1, 2015, Home Capital Group through its subsidiary Home Trust Company completed the acquisition of all outstanding common shares of CFF Bank, a Schedule I bank under the Bank Act (Canada). CFF Bank is a Canadian retail bank offering deposit, mortgage and personal banking products through a number of channels. Expected Synergies Supports the Company s long-term strategy to develop its deposit diversification and expand the broker network to build relationships and drive mortgage and loan origination volumes Financial Highlights Assets Acquired $251.8M Loans under Administration $1.45B Capital injected on October 1, 2015 $35M Integration Update All retained former CFF Bank employees have been transitioned to Home Trust and relocated from their former locations in Calgary and Oakville Beginning the initial stages of decommissioning redundant systems to realize planned cost savings and to facilitate the efficient growth of the CFF business. Purchase Price $19.6M cash consideration, subject to final adjustments 12

13 Historical Share Price Performance $60.00 $50.00 $40.00 $30.00 $20.00 $10.00 $0.00 Q dividend of $0.24 per share or 23.53% of net income Share price and dividend yield has been adjusted for the stock dividend of one common share for each issued and outstanding common share that was paid on March 10, $26.92 $0.30 $0.25 $0.20 $0.15 $0.10 $0.05 $- 13 Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q HCG Share Price Share Price Dividend $0.24

14 Capital Management 14

15 Capital & Liquidity Basel III Common Equity Tier % 18.31% 17.95% 18.03% 18.06% Q Q Q Q Q Basel III Total Capital Continued to maintain strong CET 1 and Tier 1 capital ratios of 18.31% and 18.30%, along with total capital ratios of 20.70% Conservative leverage ratio at 7.36% The Company s Board of Directors has authorized a share repurchase of up to $150 million. The Company declared a quarterly dividend of $0.22 per common share, subsequent to the end of the year. Payout ratio of 22.0% in Q Leverage Ratio 20.94% % 20.53% 20.51% 20.70% Q Q Q Q Q Q Q Q Q

16 Risk Management 16

17 Mortgage Lending Total mortgage portfolio balance of $17.5B, of which 91.5% of the portfolio is residential mortgages 23.0% of the residential mortgage portfolio is insured Weighted average current loan-to-value (LTV) of the uninsured portfolio was 66.4% 98.2% of the mortgage portfolio is current, with 0.3% over 90 days past due No unusual credit issued have been identified related to the mortgages associated with the suspended mortgage brokers Condominiums represent 9.1% of the residential mortgage portfolio, with 22.3% insured 3.0% of the uninsured mortgage portfolio was in energy producing regions Single-Family Residential Loans by Province Insured Uninsured Equity Line Visa Total % British Columbia $294.1M $537.7M $3.4M $835.2M 5.5% Alberta $270.2M $370.6M $11.8M $652.6M 4.3% Ontario $2,467.8M $10,152.7M $301.9M $12,922.3M 84.7% Quebec $149.5M $350.8M $1.5M $501.8M 3.3% Other $174.1M $160.1M $2.4M $336.6M 2.2% Total $3,355.7M $11,571.9M $321.0M $15,248.5M 100.0% 17

18 Non-Performing vs. Net Write Offs as a % of Gross Loans 1.40% Non Performing Loans as a Percentage of Gross Loans Net Writeoff's as a Percentage of Gross Loans 1.20% 1.00% 0.80% 0.60% 0.40% 0.28% 0.20% 0.05% 0.00% Q Q Q Q Q Q Q Q Q Prudent strategies to maintain a high credit quality Close monitoring of non performing loans and proactive measures to minimize losses 18

19 2016 Outlook 19

20 Outlook for 2016 Supply and demand in the Company s key established real estate market is expected to remain balanced in 2016, with relatively stable prices and sales volumes with regional disparities, as demand for new homes and resale activity eases moderately. The Company believes that the current and expected levels of housing activity indicate a healthy real estate market overall. The Company expects to see the impact of certain positive forces on its established markets through 2016, including a generally positive outlook for the US economy, the comparatively weaker Canadian dollar, the continued low interest rate environment and the beneficial impact of lower oil prices on economic growth in Central Canada. Adverse effects related to the drop in oil prices and other commodity prices continue to negatively impact the economies of energy producing regions. The Company remains committed to offering a range of mortgage products to support its one-stop initiative. The Company expects to see continued strengthening of its origination volumes through 2016, when compared to 2015 originations. The Company will look to rebuild its market share lost during 2015 through the Company s proved business model and service levels. The Company will continue to originate and securitize prime insured single-family and multi-unit residential mortgages and will generally sell these off-balance sheet, generating gains on sale. The market for both of these products remains very competitive. The Company expects 2016 net interest margin to remain relatively stable to margins experienced on new loans originated in Q4 2015, but is prepared for modest volatility. The Company will continue to source deposits from the public through investment dealers and deposit brokers and will continue to emphasize growth of its direct-to-consumer business, Oaken Financial. The Company will continue to strengthen its funding capability through agreements with additional deposit brokers and the enhancement of its direct-to-consumer sales and service capabilities. The relative cost of deposits is expected to remain stable to slightly lower when compared to The acquisition of CFF Bank supports the Company s long-term strategy to diversify its funding sources. Through 2016, the Company will integrate the technology platform of CFF Bank into the Company s infrastructure, to facilitate growth in deposit funding generated through CFF Bank, which issues deposits that would be eligible for deposit insurance, in an efficient, and effective manner. 20

21 Appendices 21

22 Home Capital Group Inc. Home Trust Company - Federally regulated deposit taking institution; includes, its subsidiary, CFF Bank, a federally regulated bank Member of Canada Deposit Insurance Corporation offering: Term deposit products High Interest Savings Account (HISA) Direct to consumer savings via Oaken Financial Canada s one-stop mortgage lender offering Classic non-prime mortgages Accelerator Prime insured mortgages Equityline Visa Secured Visa Preferred Visa Merchant acquirer solutions (via PSiGate) Retail Credit Commercial lending Investment grade ratings: HCG BBB-/A3 (Standard & Poor s), BBB/R-2 (middle) (DBRS) HTC BBB/A2 (Standard & Poor s), BBB(high)/R-2 (high) (DBRS) Listed on the Toronto Stock Exchange (Symbol: HCG) 22

23 Business Profile Home Capital Group Inc., together with its operating subsidiary Home Trust Company, has developed a track record of success as Canada's leading alternative lender. Building on the demonstrated strength of its core residential mortgage lending business, the Company also offers complementary lending services, as well as highly competitive deposit investment products. MORTGAGE LENDING Home Trust is one of Canada's leading mortgage lenders, focusing on homeowners who typically do not meet all the lending criteria of traditional financial institutions. In addition, Home Trust offers a full range of insured mortgage products through the Accelerator program to individuals customarily served by larger financial institutions. With a proprietary lending approach, comprehensive borrower profiling and flexible alternative solutions, Home Trust is a one stop shop for borrowers and mortgage brokers. Home Trust is also a provider of commercial first mortgages to high quality borrowers in selected markets across Canada. CONSUMER LENDING Home Trust's Equityline Visa program brings the advantages to cardholders of accessing the equity they have built in their homes together with the features and convenience of a Gold Visa card. The Company also offers depositsecured credit cards for individuals who wish to build or re establish a positive credit history as well as unsecured cards under Home Trust s brand name as well as recently launched Union Plus, Optimax and Giant Tiger co branded programs. PSiGate, a wholly owned subsidiary, offers electronic card based payment services to merchants who conduct business primarily on the Internet. Home Trust's Retail Credit Services provides installment financing for customers making purchases from established businesses. DEPOSIT INVESTMENTS Home Trust provides a broad range of Guaranteed Investment Certificates and a high interest savings account. These are offered via Registered Retirement Savings Plans, Registered Retirement Income Funds, Tax free Savings Accounts and on a nonregistered basis. The Company has developed an extensive network nationally of intermediaries, including investment dealers, mutual fund dealers, deposit brokers and other wealth management professionals through which these are offered. DIRECT TO CONSUMER SAVINGS Oaken Financial offers a suite of consumer deposit products, including Guaranteed Investment Certificates (GICs) and the Oaken Savings Account. Oaken provides consumers with a secure alternative to managing their savings independently. 23

24 Home Trust Branches Home Capital Group Inc. is a public company, traded on the Toronto Stock Exchange (HCG), operating through its principal subsidiary, Home Trust Company. Home Trust is a federally regulated trust company offering deposits, residential and non-residential mortgage lending, securitization of insured residential first mortgage products, consumer lending and credit card services. In addition, Home Trust offers deposits via brokers and financial planners, and through its direct to consumer deposit brand, Oaken Financial. Home Trust also conducts business through its wholly owned subsidiary, CFF Bank. Licensed to conduct business across Canada, Home Trust has branch offices in Ontario, Alberta, British Columbia, Nova Scotia, Quebec and Manitoba. Across Canada: 6 branches and stores 2 stores 877 employees (as of December 31, 2015) VANCOUVER CALGARY WINNIPEG HALIFAX MONTREAL TORONTO 24

25 Media/Investor Relations Contacts Investor Relations Home Capital Group Inc. Attention: Investor Relations 145 King St. West, Suite 2300 Toronto, ON, M5H 1J8 Canada Phone: (416) Toll Free Phone: (800) Inquiries: Upcoming Events February 10, 2016 Q Earnings Release February 11, 2016, 10:30 a.m. Q Conference Call Media Relations Gerald M. Soloway, Chief Executive Officer or Martin Reid, President To arrange an interview: Margaret Kingerski Phone: (416) Toll Free Phone: (800) May 4, 2016 Q Earnings Release May 11, 2016 Annual General Meeting 25

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