ANNUAL REPORT 2004 > DIRECTORS AND EXECUTIVE OFFICERS ROYAL BANK OF CANADA 123 DIRECTORS AND EXECUTIVE OFFICERS DIRECTORS W. Geoffrey Beattie (2001) L. Yves Fortier, C.C., Q.C. (1992)* J. Edward Newall, O.C. (1984)* J. Pedro Reinhard (2000) Toronto Montreal Calgary Midland, Michigan President Chairman Chairman of the Board Executive Vice-President and The Woodbridge Company Ogilvy Renault NOVA Chemicals Corporation Chief Financial Officer Limited Chairman of the Board Chairman of the Board The Dow Chemical Company Deputy Chairman Alcan Inc. Canadian Pacific Railway Limited The Thomson Corporation Cecil W. Sewell, Jr. (2001) The Hon. Paule Gauthier, Gordon M. Nixon (2001) Raleigh, North Carolina George A. Cohon, P.C., O.C., O.Q., Q.C. (1991) Toronto Chairman of the Board O.C., O.Ont. (1988) Quebec City President and RBC Centura Banks, Inc. Toronto Senior Partner Chief Executive Officer Founder and Senior Chairman Desjardins Ducharme Royal Bank of Canada Kathleen P. Taylor (2001) McDonald’s Restaurants Stein Monast Toronto of Canada Limited David P. O’Brien (1996) President, Worldwide Jacques Lamarre (2003) Calgary Business Operations Douglas T. Elix (2000) Montreal Chairman of the Board Four Seasons Hotels Inc. Ridgefield, Connecticut President and Royal Bank of Canada Senior Vice-President and Chief Executive Officer Chairman of the Board Victor L. Young, O.C. (1991) Group Executive SNC-Lavalin Group Inc. EnCana Corporation St. John’s Sales & Distribution Company Director IBM Corporation Brandt C. Louie, F.C.A. (2001) Charlotte R. Otto (2000)** West Vancouver Cincinnati, Ohio The date appearing after the name of John T. Ferguson, F.C.A. (1990) President and Chief Global External Relations Officer each director indicates the year in which the individual became a director. The term Edmonton Executive Officer The Procter & Gamble Company of office of each director will expire at the Chairman of the Board H.Y. Louie Co. Limited next Annual Meeting of Shareholders on February 25, 2005. Princeton Developments Ltd. Chairman and Robert B. Peterson (1992) Chair of the Board Chief Executive Officer Toronto * Not standing for re-election on February 25, 2005. TransAlta Corporation London Drugs Limited Company Director ** Retired from the board on October 14, 2004. GROUP EXECUTIVE Peter Armenio Martin J. Lippert Barbara G. Stymiest Charles M. Winograd Group Head Group Head Chief Operating Officer Group Head U.S. and International Global Technology and Global Capital Markets Operations W. James Westlake Elisabetta Bigsby Group Head Group Head Gordon M. Nixon Personal and Business Clients Transformation Office and President and Chief Executive Canada Human Resources Officer.