Investor Presentaiton

OUR VISION FOR SCOTIABANK AND MD Distinct brand enhancing value through collaboration and omni channel offering MD will operate as a standalone brand within Scotia Wealth Management • MD's senior executive management team is very strong and committed to the success of the MD business • No disruption of the front office investment advisor population to maintain stability in client service levels and to facilitate client retention and continued growth • Preserve MD's client-centric approach to financial advice Significant and compelling value creation opportunities • Opportunity to build the client base and service the financial needs of physicians at all stages of their careers Physicians Family & Employees (1) Total All Physicians in Canada Current MD Clients 181K 306K 65K 110K 125K 45K • Scotiabank to leverage the leading investment management capabilities of 1832 Asset Management and Jarislowsky Fraser to deliver differentiated investment capabilities to MD clients Expand the breadth and depth of specialized financial advice for the physician community through adding Scotiabank's complementary suite of products and services (wealth, small business and private banking, etc.) MD Financial Financial Planning Objective Investment Management Estate & Trust Insurance + 1. Family & Employees figures based on actual MD physician to non-physician client ratio Scotiabank Credit Cards Small Business Banking Investments Lending Digital Innovation Student and Professional Banking Asset Management Estate & Trust Private Banking Global Footprint Philanthropy Sponsorship & Partnerships Scotiabank® | 6

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