International Banking and Growth

International Banking - Revenue & Volume Growth Revenues (TEB) ($ millions) Average loans & acceptances ($ billions) +10% Y/Y +5% Y/Y 17 18 19 20 22 23 2,1061 2,075 1,985 42 44 45 804 726 Q1/14 Q4/14 Q1/15 729 Business ■Residential mortgages Personal & credit cards 1,256 1,302 1,349 Q1/14 Q4/14 Average deposits² ($ billions) +8% Y/Y 38 39 41 Q1/15 Net interest income ■Non-interest revenue 25 27 27 Q1/14 Q4/14 Q1/15 ■ Personal ■Non-personal Scotiabank® (1) Excluding $47 million pre-tax write-down related to Venezuela in Q4/14 - (See Appendix - Notable Items) (2) Includes deposits from banks 19

View entire presentation