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Leading Bank in the Americas Presentation

Earnings and Dividend Growth Strong track record of stable and predictable earnings and growing dividends Earnings per share (C$)1,2 $3.31 T +8% CAGR $7.14 Total shareholder return³ Scotiabank ■Big 5 Peers (ex. Scotiabank) 12.6% 11.6% 11.9% 11.1% 9.4% 8.2% $1.83 09 10 11 12 13 14 15 16 17 18 19 Q1 20 12 Dividend per share (C$) $1.96 7 +6% CAGR 5 Year 10 Year 20 Year $3.49 $0.90 09 10 11 12 13 14 15 16 17 18 19 Q1 20 1 Reflects adoption of IFRS in Fiscal 2011. 2 Excludes notable items for years prior to 2016. For 2016 onwards, results adjusted for acquisition and divestiture-related amounts, impact of additional pessimistic scenario in ACLS, Derivative Valuation Adjustment, and impairment charge on software asset. 3 As of January 31, 2020 16
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