Investor Presentaiton

Q2 2016 Trading Results and One-Day Total VaR Millions 35 30 25 25 20 20 15 10 5 0 -5 Q2 2016 Trading Results and One-Day Total VaR Average 1-Day Total VaR Q2/16: $13.9 MM Q1/16: $15.2 MM Q2/15: $10.5 MM 33 Actual P&L Scotiabank®

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