Investor Presentaiton

FX MOVEMENTS VERSUS CANADIAN DOLLAR Canadian (Appreciation) / Depreciation Currency Q2/18 Q1/18 Q2/17 Q/Q Y/Y SPOT U.S. Dollar 0.779 0.813 0.733 4.2% (6.3%) Mexican Peso 14.56 15.13 13.79 3.8% (5.6%) Peruvian Sol 2.534 2.615 2.376 3.1% (6.6%) Colombian Peso 2,188 2,301 2,155 4.9% (1.5%) Chilean Peso 477.7 490.1 488.4 2.5% 2.2% AVERAGE U.S. Dollar 0.784 0.791 0.751 0.8% (4.4%) Mexican Peso 14.54 15.04 14.59 3.3% 0.3% Peruvian Sol 2.543 2.558 2.447 0.6% (3.9%) Colombian Peso 2,216 2,336 2,179 5.1% (1.7%) Chilean Peso 471.2 495.0 491.2 4.6% 4.1% Scotiabank® 36

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