Investor Day Summary

GLOBAL BANKING AND MARKETS OVERVIEW Wholesale banking and capital markets products to corporate, government and institutional clients BUSINESS OVERVIEW Full service platform in Canada and Mexico. Niche focus in the U.S., Central and South America, Asia, Australia and select markets in Europe 2018 PRIORITIES • Enhance Customer Focus: Improving the end-to-end customer experience to seamlessly offer our full capabilities, thereby deepening and strengthening our relationships, while leveraging our global footprint to better serve our multi- regional customers ⚫ Leaders in our Primary Markets: Invest in people, process and technology, enhance our capabilities in our primary markets of Canada and the Pacific Alliance. Expand our investment banking and capital markets expertise to increase our relevance and deepen our customer relationships in these markets Optimize Effectiveness: Control costs and invest in the right areas to drive shareholder value, while optimizing our of capital and funding. Invest in technology to enhance the customer experience, improve our data and analytics capabilities, and increase operational effectiveness • • STRATEGIC OUTLOOK • Higher Revenues: Expect higher revenues from focus clients, Global Transaction Banking, Corporate Banking and Investment Banking Expense Management: Cost savings and loan losses are expected to moderate toward historic levels ⚫ Global Outlook: Building franchise as a leading wholesale bank in Canada and the Pacific Alliance, while maintaining a relevant presence in other regions to support its multi-regional customers Scotiabank 26

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