Investor Presentation Second Quarter 2018

CANADA'S INTERNATIONAL BANK High quality and well-balanced business operating within a clearly defined global footprint History Established on East Coast of Canada in 1832 In U.S. and Caribbean 125+ years Representative offices in Asia and Latin America since 1960s Began expanding Caribbean presence into Central and South America in 1990s. Strong presence in attractive markets Currently the largest bank in the Caribbean region. Focused on the Pacific Alliance countries of Mexico, Peru, Chile and Colombia Q2 2018 Scotiabank Net Income $2.2B ROE 14.9% Productivity Ratio 52.8% CET1 Risk Weighted Assets $376B CET 1 Capital Ratio¹ 12.0% Total Assets $926B Market Capitalization $95B # of Employees >89,000 Scotiabank credit ratings² Moody's S&P Fitch DBRS Senior Rating Outlook Covered Bonds Aa2 Stable Aaa A+ AA- AA Stable Stable Stable Not Rated AAA AAA 1 Basel III "all-in" basis 2 A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revisions or withdrawals at any time Scotiabank 5

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