2018 Financial Performance

Other Regions Strong contribution from leading C&CA franchise and portfolio investments in Asia Caribbean & Central America o Operations in 16 countries contributing ~$0.7B in earnings in 2018 ○ Well-established, diversified franchise that serves retail, commercial and corporate customers ○ Actively managing footprint to ensure scale in larger growth markets and reduce risk profile: Announced acquisition in Dominican Republic in August 2018 which doubles customer base and creates 4th largest bank. Announce sale of operations in 9 smaller countries in Caribbean in November 2018 ○ Recognized by Euromoney for the "Best Commercial Banking" capabilities in the Caribbean and Bahamas (2017) o Recognized by Global Finance Magazine as: • Asia "Best Bank Award 2017" in the Bahamas, Barbados, Costa Rica, Turks & Caicos and U.S. Virgin Islands; "World's Best Consumer Digital Bank 2017" in 24 countries across Latin America and the Caribbean; and "Best in Mobile Banking" in the Caribbean region ○ Strategic portfolio investments in Asia ○ Thailand: 49% interest in Thanachart Bank (2007) $3.0 billion carrying value as of October 31, 2018 $590 million of net income for twelve months ended October 31, 2018 。 China: 19.9% interest in Bank of Xi'an (2009) $772 million carrying value as of October 31, 2018 $456 million of net income for twelve months ended October 31, 2018 Scotiabank® 61

View entire presentation