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Investor Presentaiton

Back to Table of Contents CR2: Changes in stock of defaulted loans and debt securities (¹) (in $ millions) a a₂ аз ад Q2 2023 Revised Basel III Q1 2023 Q4 2022 Q3 2022 Basel III Basel III Basel III 1 (2) Defaulted loans and debt securities - at the end of the previous reporting period 5,526 5,079 4,511 4,601 2 Loans and debt securities that have defaulted since the last reporting period 1,619 1,581 1,623 1,338 (3) 3 Returned to non-defaulted status (854) (683) (679) (695) 4 Amounts written off (696) (676) (578) (577) 5 Other changes (4) 6 Defaulted loans and debt securities - at the end of the reporting period (1 + 2-3-4 +5) (2) 186 225 202 (156) 5,781 5,526 5,079 4,511 (1) Defaulted exposures include: (i) the Bank's reported Gross Impaired Loans, (ii) credit cards which meet the regulatory definition of default, and (iii) off-balance sheet commitments, LCS and/or LGs which meet the regulatory definition of default. (2) Regulatory Definition of Default: when there is objective evidence that the Bank no longer has reasonable assurance as to the timely collection of interest and principal, or where a contractual payment is 90 days in arrears (including credit cards), or the customer is declared to be bankrupt. (3) Includes returned to non-defaulted status and payments on defaulted accounts. (4) Includes the impact from foreign currency translation and changes in credit cards and off-balance sheet exposures which meet the regulatory definition of default. Scotiabank Supplementary Regulatory Capital Disclosure Page 35 of 88
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