2018 Financial Performance

Global Banking and Markets Second-largest Canadian wholesale banking and capital markets business serving global clients ⚫ Full-service wholesale bank in Canada, the United States and Latin America. Offers a range of products and services in select markets in Europe, Asia and Australia. Canada Business Banking Canada Other 41% 4% Latin America 40% Latin 7% America 15% 57% Asia 5% REVENUE 1,2 $1.3B Global Equities 18% Asia 7% REVENUE 1 $1.3B AVG ASSETS 1,2 $338B 9% Europe 16% Europe 21% 30% US FICC 30% US STRATEGIC OUTLOOK Up-tiering lending relationships, expanding our Investment Banking capabilities in key markets, increasing our investment in the Pacific Alliance to become a leader in local and cross-border banking and capital markets • Continued strong growth in deposits, improved corporate lending and investment banking results to absorb required regulatory and technology investments For the 3 months ended October 31, 2018; 2 Latin America revenue contribution and assets reported in International Banking's results Scotiabank® 26

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