Fiscal 2018 Financial Performance

FX MOVEMENTS VERSUS CANADIAN DOLLAR Canadian (Appreciation) / Depreciation Currency Q4/18 Q3/18 Q4/17 Q/Q Y/Y SPOT U.S. Dollar 0.760 0.769 0.775 1.2% 2.0% Mexican Peso 15.43 14.33 14.86 (7.7%) (3.8%) Peruvian Sol 2.561 2.514 2.520 (1.9%) (1.6%) Colombian Peso 2446 2,222 2,358 (10.1%) (3.7%) Chilean Peso 528.7 490.0 493.3 (7.9%) (7.2%) AVERAGE U.S. Dollar 0.768 0.767 0.800 (0.1%) 4.1% Mexican Peso 14.59 15.04 14.52 3.0% (0.5%) Peruvian Sol 2.542 2.511 2.597 (1.2%) 2.1% Colombian Peso 2326 2,209 2,358 (5.3%) 1.4% Chilean Peso 516.1 489.6 506.7 (5.4%) (1.9%) Scotiabank® | 40

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