International Banking and Canadian Economy Overview

Q3/16 Q4/16 Q1/17 Wholesale Funding Utilization Managing reliance on wholesale funding and growing deposits WHOLESALE FUNDING / TOTAL ASSETS 25.9% 24.2% 23.7% 23.1% REDUCED RELIANCE ON WHOLESALE FUNDING Operating in line with peers o Reduced reliance on wholesale funding ○ Sustained focus on deposits as an alternate to wholesale funding MONEY MARKET WHOLESALE FUNDING / TOTAL WHOLESALE FUNDING 41.4% 37.4% Q3/16 Q4/16 Q1/17 Q2/17 Q3/17 Q2/17 Q3/17 Q4/17 Q1/18 Q2/18 Q3/18 Q4/18 Q1/19 Q2/19 Q3/19 35.6% Q4/17 Q1/18 Q2/18 Q3/18 Q4/18 Q1/19 Q2/19 Q3/19 39.7% FOCUS ON TERM FUNDING Prudently using money market funding to absorb short term funding requirements Scotiabank. 39

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