Fourth Quarter 2018 Investor Presentation

Canada's International Bank Top 10 Bank in the Americas 1,2 Americas 7th largest bank by market capitalization¹ 8th largest bank by assets¹ Full-Service Canada Mexico . Peru • Chile Colombia Caribbean Uruguay Wholesale Operations USA UK Hong Kong Singapore Australia Ireland China • Brazil South Korea Malaysia India • Japan 2018 Bank of the Year Latin America and the Caribbean by LatinFinance Europe Change Scotiabank³ FY2018 Y/Y Revenue $28.8B +6% Net Income $9.1B +10% Return on Equity 14.9% +20bps Operating Leverage 3.7% +390bps Productivity Ratio 51.7% -190bps Total Assets $998B +9% Ranking by Market Share4 Canada 3 USMCA U.S.A. Top 10 Foreign Bank Asia PAC Mexico Peru Chile Colombia 6335 1 Source: Bloomberg 10/31/18; 2 By assets and market capitalization; 3 Figures 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; 4 Market share in loans as of September 2018 for PACs, as of July 2018 in Canada; 5 For the twelve months ended October 31, 2018; 6 Excluding Corporate adjustments LEADING BANK IN THE AMERICAS Earnings by Geography3,5,6 Other Americas Other 10% 7% PAC 21% Canada 55% 7% U.S.A Americas (90%) Scotiabank® 5

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