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Investor Presentaiton

PCL Ratios Total PCL as % of average net loans & BAS Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Canadian Banking Retail 0.24 0.25 0.26 0.26 0.28 Commercial 0.12 0.13 0.08 0.15 0.14 Total PCL 0.23 0.24 0.23 0.24 0.26 Net Interest Margin (%)² 2.16 2.26 2.25 2.26 2.35 International Banking Retail1 2.37 2.28 2.37 2.18 2.09 Commercial¹ 0.35 0.19 0.26 0.26 0.28 Total PCL 1.33 1.19 1.27 1.17 1.14 Net Interest Margin (%)² 4.71 4.67 4.77 4.70 4.57 Global Banking & Markets Total PCL 0.08 0.08 0.08 0.14 0.27 Net Interest Margin (%) 2,3 1.72 1.64 1.62 1.60 1.58 All Bank Total PCL Ratio 0.42 0.41 0.42 0.424 0.45 Core Banking Margin (%) 2.41 2.41 2.40 2.35 2.38 1234 (1) (2) (3) (4) Excludes collective allowance increase; including collective allowance increase, All Bank PCL ratio was 0.47 32 Colombia small business portfolio reclassed to Retail from Commercial - prior periods have been restated Net Interest Income (TEB) as % of Average Earning Assets excluding Bankers Acceptances Corporate Banking only Scotiabank®
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