Quarterly Financial Performance

Back to Table of Contents Operating Expenses ($ millions) Salaries and employee benefits Salaries 2023 2022 2021 Year-To-Date Full Year Q3 Q2 Q1 69 Q4 Q3 22 Q2 01 Q1 Q4 Q3 2023 2022 2022 2021 1,400 1,377 1,368 1,290 1,273 1,212 1,214 1,192 1,190 4,145 3,699 4,989 4,694 Performance-based compensation 511 523 515 493 458 483 570 458 513 Share-based payment 67 108 81 54 71 87 123 55 40 Other employee benefits 401 417 376 350 392 393 373 349 388 1,549 256 1,194 281 1,158 1,511 2,004 2,086 335 223 1,508 1,538 Total salaries and employee benefits 2,379 2,425 2,340 2,187 2,194 2,175 2,280 2,054 2,131 7,144 6,649 8,836 8,541 Premises Rent Property taxes Other premises costs Total premises Technology 524 Depreciation 197 'ཙུཎྜཤྩ ༞ ༠ ៨ ហ 2026 (6) (1) (1) 1 2 (2) (2) 1 27 24 23 21 25 21 23 27 74 71 92 97 109 112 110 110 106 110 100 101 103 331 316 426 415 137 136 134 131 136 129 120 123 131 407 385 516 513 521 506 505 476 461 466 475 466 1,551 1,403 1,908 1,838 197 189 193 183 187 186 194 190 583 556 749 769 200 Amortization Amortization of software intangibles 195 194 Amortization of intangibles 20 21 Total amortization 215 215 Communications 101 101 Advertising and business development 142 139 Professional 199 187 8བརྞཱ ཙ སྐྱ ¢ 196 178 174 169 164 165 159 585 507 685 640 21 23 24 25 N 25 24 24 62 74 97 102 217 201 198 194 189 189 183 647 581 782 742 90 88 93 90 93 86 296 271 361 369 136 140 123 108 109 126 93 417 340 480 404 175 239 200 20 195 192 42 242 211 561 587 826 789 Business and capital taxes Business taxes 142 138 140 121 120 116 126 Capital taxes 12 20 21 13 15 16 14 Total business and capital taxes 154 158 161 134 135 132 140 Other 514 497 512 709 458 485 451 ឌ ៩៩៩ 109 420 362 483 461 13 53 45 58 50 122 473 407 541 511 655 484 1,523 1,394 2,103 2,142 Total operating expenses 4,562 4,576 4,464 4,529 4,191 4,159 4,223 4,271 4,097 13,602 12,573 17,102 16,618 Adjusting items (¹) Amortization of acquisition-related intangible assets (2) Restructuring and other provisions (3) Support costs of the Scene+ loyalty program (3) སྐྱེ་ ་ (20) (21) Total adjusting items (20) (21) ཊུ' '8 (21) (24) (24) 219 (24) (25) (25) 24 (24) (62) (73) (97) (103) (85) (188) (85) (188) (133) (133) (21) (242) (24) (24) (25) (213) (24) (62) (73) (315) (291) Adjusted operating expenses (¹) 4,542 4,555 4,443 4,287 4,167 4,135 4,198 4,058 4,073 13,540 12,500 16,787 16,327 (1) Refer to Non-GAAP Measures on Notes Pages 1-3 of the Supplementary Financial Information Report. (2) Recorded in Depreciation and Amortization. (3) Recorded in Other Operating Expenses above. Scotiabank Supplementary Financial Information (SFI) 12

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