Why Invest in Scotiabank?

Canadian Banking: Residential Mortgages (continued) High quality portfolio, lower originations in Vancouver and Toronto NEW ORIGINATIONS UNINSURED LTV* DISTRIBUTION GVA 59% BC & Territories 61% GTA 63% Growth/Change Q1/18 Q4/18 Q1/19 Y/Y Canada Total Originations ($B) 10.3 Uninsured LTV 10.5 9.3 -10% 64% 63% 64% GTA Total Originations ($B) Uninsured LTV 3.4 3.2 3.2 -6% 63% 62% 63% Prairies 67% ON QC 64% 66% Atlantic Provinces 68% GVA Total Originations ($B) 1.5 Uninsured LTV 62% 1.1 1 -33% 59% 59% -3% *Average LTV ratios for our uninsured residential mortgages originated during the quarter FICO® DISTRIBUTION - CANADIAN UNINSURED PORTFOLIO1 Average FICO Canada Score 787 GTA 789 GVA 791 56% . 16% 12% 12% 4% < 635 636-706 707- 7-747 748-788 > 788 FICO is a registered trademark of Fair Isaac Corporation 1 FICO® distribution for Canadian uninsured portfolio based on score ranges at origination • <0.70% of uninsured portfolio has a FICO® score of <620 and an LTV >65% Canadian uninsured mortgage portfolio is $124 billion as at Q1/2019 Scotiabank® 20 20

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