Investor Day Summary

CARIBBEAN & CENTRAL AMERICA, AND ASIA Strong contribution from efficient C&CA region and portfolio investments in Asia Caribbean & Central America 。 Well-established, diversified franchise that serves more than 15 million retail, corporate and commercial customers ○ Largest bank in the region, with significant presence in Jamaica, Trinidad & Tobago, Dominican Republic, Bahamas, Barbados, Puerto Rico, and 13 other countries ○ Industry expertise in infrastructure, power, automotive, fuel distribution, real estate, and hospitality ○ Mature market and remains very profitable for the Bank Opportunity to optimize operations, improve customer profitability and reduce structural cost o Recognized by Euromoney for the Best Commercial Banking capabilities in the Caribbean and Bahamas (2017) o Recognized by Global Finance Magazine for the "Best Bank Award 2017" in the Bahamas, Barbados, Costa Rica, Turks & Caicos and U.S. Virgin Islands; the "World's Best Consumer Digital Bank 2017" in 24 countries across Latin America and the Caribbean; and the "Best in Mobile Banking" in the region ⚫ Asia ○ Strategic portfolio investments in Asia-Pacific ○ Thailand (49%) - Invested in Thanachart Bank in 2007 $2.8 billion carrying value as of January 31, 2018 $508 million of net income for twelve months ended October 31, 2017 China (19.9%) - Invested in Bank of Xi'an in 2009 $727 million carrying value as of January 31, 2018 ○ $411 million of net income for twelve months ended October 31, 2017 Scotiabank® 55

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