Chris Duggan, Senior Vice President and Head, RBC Caribbean Banking addresses participants during the launch of the RBC Young Leaders programme.

GEORGE TOWN, February 21, 2025 — RBC Royal Bank officially launched the award-winning RBCYoung Leaders program in the Cayman Islands during a launch event held recently.

The event was held at the Indigo Hotel, Grand Cayman, with Her Excellency, the Governor, Jane Owen
and several government officials in attendance, along with Chris Duggan, Senior Vice President and
Head, RBC Caribbean Banking and Khadene Lobban, Area Vice President, Personal & Private Banking
and Country Head, RBC Cayman Islands.

Left to right: Mark Ray, Director of Education Services; Khadene Lobban, Area Vice President, Personal & Private Banking and Country Head, RBC Cayman Islands; Jane Owen, Her Excellency, The Governor; Lyneth Monteith, Chief Officer (Acting) Ministry of Education; Chris Duggan, Senior Vice President and Head, RBC Caribbean Banking.

“The Young Leaders program is RBC’s flagship youth development program, that demonstrates the
Bank’s commitment to investing in the next generation of leaders for a stronger Caribbean,” explained
Chris Duggan. He went on to say,

“This program is part of RBC’s vision to invest in our youth to give
them the tools to help them realize their potential and I am extremely proud to be part of the inaugural
launch of this program in my home country, the Cayman Islands.”

Khadene Lobban, Area Vice President, Personal & Private Banking and Country Head, RBC Cayman Islands addresses participants during the launch of the RBC Young Leaders programme.

Introduced in Trinidad & Tobago more than 40 years ago, this initiative began as an essay writing
competition aimed at increasing awareness about saving. The program has evolved over the years and
is now an educational service-learning program designed to empower students to become change
makers in their communities.

RBC’s Young Leaders program offers students the opportunity to acquire skills to manage projects,
deliver presentations, develop financial literacy and enhance their environmental awareness.

Students participating in Young Leaders training

Exploring the theme “Sustainable Future,” students from six schools throughout Cayman have been
challenged to create an executable project that promotes environmental and/or social benefits that align
with the theme.

“I am confident that the students, armed with the training and direction received at today’s launch
coupled with the ongoing support from RBC chaperones, will be well-positioned to re-imagine
sustainable solutions,” said Khadene Lobban. “Students are encouraged to be innovative, collaborative
and bold while they develop practical skills for themselves, for the benefit of their school and the greater
community,” she added.

Students and their teacher from Triple C School.

To inspire participation and innovation, RBC will award the winning school KY$15,000 to support the
implementation of their proposed project within their school or community. The second and third place
finishers will be awarded KY$10,000 and KY$5,000 respectively.
The Young Leaders initiative will run concurrently in Trinidad and Tobago, The Bahamas and the
Cayman Islands.

Participating in this year’s program are Clifton Hunter High School, Cayman International School,
St Ignatius Catholic School, Cayman Prep & High School, Triple C School, and John Gray High
School.

Students from John Gray High School.

The closing ceremony is slated for May, at which time the top three schools will be awarded the prizes
for engagement and project completion.

About RBC in the Caribbean
With more than 115 years of dedicated service to the region, RBC has a presence in 10 countries and
territories, with 38 branches and over 2,800+ employees serving more than half a million clients. As one
of the Caribbean’s leading diversified financial services companies, RBC provides personal and
commercial banking, wealth management, corporate and investment banking, insurance and trust and
asset management services to a wide range of clients, including individuals, small businesses, general
commercial entities, regional and multi-national corporations and governments. For more information,
please visit rbc.com/caribbean.

About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to
delivering leading performance. Our success comes from the 98,000+ employees who leverage their
imaginations and insights to bring our vision, values and strategy to life so we can help our clients
thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based
on market capitalization, we have a diversified business model with a focus on innovation and
providing exceptional experiences to our more than 18 million clients in Canada, the U.S. and 27 other
countries. Learn more at rbc.com.

We are proud to support a broad range of community initiatives through donations, community
investments and employee volunteer activities. See how at powering ideas to help shape a stronger
Caribbean