Increasing Scale, Improving Focus

International Banking Financial Performance Double-digit earnings growth for 11 consecutive quarters FINANCIAL PERFORMANCE AND METRICS ($MM) 1, 2 YEAR-OVER-YEAR HIGHLIGHTS 2 Adjusted Net Income up 14% or 11% 5 on a constant currency basis Strong loan growth across the Pacific Alliance, positive impact of acquisitions, and higher non-interest income Revenues up 20% Q3/19 Y/Y Q/Q • Reported Net Income Revenue Expenses $781 $3,427 +20% +40% 13% 3% $1,780 +19% 6% PCLS $476 Productivity Ratio 51.9% (35%) (23%) (100bps) +90bps · Net Interest Margin 4.45% (25bps) (13bps) PCL Ratio³ 1.24% (134bps) (47bps) PCL Ratio on Impaired Loans³ Adjusted 5 1.36% +3bps +7bps Net Income Expenses $815 +11% +5% Productivity Ratio PCL Ratio³ $1,725 PCLs $476 50.3% 1.24% +18% +4% . NIM down 25 bps +33% +2% (140bps) +30bps +1bp (6bps) 1,5 ADJUSTED NET INCOME 10 ($MM) AND NIM 4 (%) 4.70% 4.52% 4.52% 4.58% 4.45% • 805 815 746 787 · 715 Q3/18 Q4/18 1 Attributable to equity holders of the Bank Q1/19 Q2/19 Q3/19 . o Pacific Alliance up 26% (including acquisitions) Loans up 28% o Pacific Alliance up 41% (including acquisitions) o Primarily driven by larger contribution from Chile and margin compression in Mexico Expenses up 18%5 o Includes impact of acquisitions 。 Business volume growth and inflation 。 Productivity ratio improvement of 140 bps 5 Quarterly operating leverage of +3.2%5 PCL ratio on impaired loans³ increased 3 bps 2 Y/Y and Q/Q growth rates (%) are on a constant dollars basis, while metrics and change in bps are on a reported basis 3 Provision for credit losses on certain assets-loans, acceptances and off-balance sheet exposures 4 Net Interest Margin is on a reported basis 5 Adjusted for Acquisition-related costs, including Day 1 PCL impact on acquired performing loans, integration and amortization costs related to current acquisitions, and amortization of intangibles related to current and past acquisitions Scotiabank. 27

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