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RBC among Canada's 10 Most Admired Corporate Cultures

This year marks RBC's fourth consecutive year on the list

Canada's 10 Most Admired Corporate Cultures 2008

TORONTO, November 19, 2008 - RBC has again been recognized as having one of the most admired corporate cultures in an annual study by leadership search firm Waterstone Human Capital Ltd.

Waterstone interviewed members of the Canadian leadership community representing some of Canada's largest public and private sector organizations. Leaders were asked who they admire most in terms of having a corporate culture that has helped them be successful. Nominations were then evaluated by a special panel.

The final results were announced today in the National Post. RBC has been recognized every year since the study was first conducted in 2005.

The importance of our culture to our success has long been recognized inside RBC. "We have encouraged a more collaborative and accountable culture where employees are empowered to create a superior client experience," said President and CEO Gord Nixon in his address to shareholders (February 2008). "This culture is reflected in our client-centric vision that is built on our core values of service, teamwork, responsibility, diversity and integrity."

Progressive policies, a commitment to diversity and inclusion, and a strong culture of employee engagement help make RBC a top employer. We provide an enriching employee experience with competitive compensation, flexible benefit programs, training and career development opportunities, and support for work/life effectiveness initiatives. These help us to both attract and retain talented people and ensure we win together.

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