Investor Presentaiton

FX MOVEMENTS VERSUS CANADIAN DOLLAR Canadian (Appreciation) / Depreciation Currency Q3/18 Q2/18 Q3/17 Q/Q Y/Y SPOT U.S. Dollar 0.769 0.779 0.802 1.3% 4.2% Mexican Peso 14.33 14.56 14.28 1.6% (0.3%) Peruvian Sol 2.514 2.534 2.599 0.8% 3.3% Colombian Peso 2,222 2,188 2,395 (1.6%) 7.2% Chilean Peso 490.0 477.7 521.1 (2.6%) 6.0% AVERAGE U.S. Dollar 0.767 0.784 0.758 2.2% (1.1%) Mexican Peso 15.04 14.54 13.83 (3.4%) (8.7%) Peruvian Sol 2.511 2.543 2.474 1.3% (1.5%) Colombian Peso 2,209 2,216 2,256 0.3% 2.1% Chilean Peso 489.6 471.2 504.1 (3.9%) 2.9% Scotiabank® 38

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