I am applying to open a Royal Bank of Canada Tax-Free Savings Account, and request its Trustee, The Royal Trust Company ("Royal Trust") to file an election with the Minister of National Revenue to register this qualifying arrangement as a Tax-Free Savings Account under the Income Tax Act (Canada).

I understand there is a $150.00 service fee for the transfer of property from this Account to a company that is not a subsidiary of Royal Bank of Canada, and that this fee is subject to change.

I will notify the Agent, in a form acceptable to the Agent and Royal Trust, should I no longer be resident in Canada. I understand that I may be liable for certain tax consequences arising in connection with a non-compliant qualifying arrangement.

I acknowledge that I must and will notify the Agent should I wish to use my interest or right in the Account as security for a loan or other indebtedness.

I acknowledge and agree to be bound by the terms and conditions of this Account as set out in the application, the Trust Agreement and any relevant addendum to the Account.

Quebec residents only:
I have expressly requested that all documents relating to this Account be drawn up in the English language only. J'ai expressément requis que tous les documents relatifs à ce compte soient rédigés en anglais seulement.

Changes to your account: We may make changes to the terms of the Trust Agreement and the fees charged in connection with your account at any time in accordance with the terms of the Trust Agreement. If we do, we will let you know before the changes take effect. We will notify you of any increase in fees or the introduction of new fees by written notice mailed to you or sent electronically, if you have agreed to this form of delivery, at least 30 daysbefore the effective date of the change.

Complaint or Compliment: If you have a problem or concern, please contact your branch. If it is not resolved, please contact the Client Care Centre by telephone at 1 (800) 769–2540, by email at clientcarecentre@rbc.com or by mail to P.O. Box 1, Royal Bank Plaza, Toronto, Ontario M5J 2J5. For more information, please consult our brochure “How to Make a Complaint”, available at any branch or at www.rbc.com/customercare.

This Account application is being accepted for Royal Bank of Canada as Agent for The Royal Trust Company.

COLLECTION AND USE OF PERSONAL INFORMATION

Collecting your personal information

We Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) may from time to time collect financial and other information about you such as:

• information establishing your identity (for example, name, address, phone number, date of birth, etc.) and your personal background;
• information related to transactions arising from your relationship with and through Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) and from other financial institutions;
• information you provide on an application for any of Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) products and services;
• information for the provision of products and services;
• information about financial behaviour such as your payment history and credit worthiness.

Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) may collect and confirm this information during the course of our relationship. Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) may obtain this information from a variety of sources, including from you, from service arrangements you make with or through Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) from credit reporting agencies and other financial institutions, from registries, from references you provide to Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) and from other sources as is necessary for the provision of Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) products and services.

You acknowledge receipt of notice that from time to time reports about you may be obtained by us from credit reporting agencies.

Using your personal information

This information may be used from time to time for the following purposes:

• to verify your identity and investigate your personal background;
• to open and operate your account(s) and provide you with products and services you may request;
• to better understand your financial situation;
• to determine your eligibility for products and services Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) offer;
• to help Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) better understand the current and future needs of our clients;
• to communicate to you any benefit, feature and other information about products and services you have with Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable);
• to help Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) better manage our business and your relationship with Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable);
• to maintain the accuracy and integrity of information held by a credit reporting agency; and
• as required or permitted by law. For these purposes, Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) may:
• make this information available to our employees, our agents and service providers, who are required to maintain the confidentiality of this information;
• share this information with other financial institutions; and
• give credit, financial and other related information to credit reporting agencies who may share it with others.

In the event our service provider is located outside of Canada, the service provider is bound by, and the information may be disclosed in accordance with, the laws of the jurisdiction in which the service provider is located.

Your personal information may be transmitted through, stored, or processed in countries, states, or provinces other than your home jurisdiction, in which case the information is bound by the laws of those jurisdictions and may be disclosed in accordance with those laws. We will take measures to protect your personal information with appropriate contract clauses or other applicable safeguards.

Upon your request, Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) may give this information to other persons.

Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) may also use this information and share it with RBC companies (i) to manage Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) risks and operations and those RBC companies, (ii) to comply with valid requests for information about you from regulators, government agencies, public bodies or other entities have a right to issue such requests, and (iii) to let RBC companies know your choices under "Other uses of your personal information" for the sole purpose of honouring your choices.

If Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) have your social insurance number, Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) may use it for tax related purposes if you hold a product generating income and share it with the appropriate government agencies, and we may also share it with credit reporting agencies as an aid to identify you.

We may also use automated processing to make decisions about you, including credit and loan adjudication, where applicable

Other uses of your personal information

• Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) may use this information to promote our products and services, and promote products and services of third parties Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) select, which may be of interest to you. Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) and RBC companies may communicate with you through various channels, including telephone, computer or mail, using the contact information you have provided.
• Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) may also, where not prohibited by law, share this information with RBC companies for the purpose of referring you to them or promoting to you products and services which may be of interest to you. You acknowledge that as a result of such sharing they may advise us of those products or services provided.
• If you also deal with RBC companies, Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) may, where not prohibited by law, consolidate this information with information they have about you to allow us and any of them to manage your relationship with RBC companies under and Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) business.

You understand that Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) and RBC companies are separate, affiliated corporations. RBC companies include Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) affiliates which are engaged in the business of providing any one or more of the following services to the public: deposits, loans and other personal financial services; credit, charge and payment card services; trust and custodial services; securities and brokerage services; and insurance services.

You may choose not to have this information shared or used for any of these "Other uses" by contacting Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) as set out below, and in this event, you will not be refused credit or other services just for that reason. Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) will respect your choices and, as mentioned above, Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) may share your choices with RBC companies for the sole purpose of honouring your choices regarding "Other uses of your personal information".

Your right to access your personal information

You may obtain access to the information Royal Bank of Canada and/or Royal Mutual Funds Inc. (as applicable) hold about you at any time and review its content and accuracy, and have it amended as appropriate; however, access may be restricted as permitted or required by law. To request access to such information, to learn more about our use of automated processing, to ask questions about our privacy policies or to request that the information not be used for any or all of the purposes outlined in "Other uses of your personal information" you may do so now or at any time in the future by:

• contacting your branch; or
• calling us toll free at 1-800 Royal^® 1-1 (1-800-769-2511).

Our Privacy Notices

All collection, use and disclosure of your personal information will be in accordance with our Global Privacy Notice (available at Privacy and Security - RBC), which form part of these terms.