Q1 2014 Trading Results and Financial Overview

Overview Scoti nk Brian Porter President & Chief Executive Officer Scotiabank Q1 2014 Overview Good results to begin the year Net income of $1.7 billion, up 6.5% from last year - Diluted EPS up 6.5% to $1.32 - ROE: 15.4% Revenue growth of 9% from last year Capital position continues to be very strong Quarterly dividend increased by 2 cents or 3% to $0.64 per share Investments in stable LatAm economies are important to long-term growth 4 Scotiabank 2

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