Strategic Economic and Financial Overview

41 42 Downward Trend in Gross Impaired Loans % ($ billions) 3.7 3.6 3.5 3.4 3.3 3.2 3.1 3.0 Q1/11 Q2/11 Scotiabank GILS Q3/11 Q4/11 Q1/12 Q2/12 1.20% 1.15% 1.10% 1.05% 1.00% 0.95% 0.90% Q3/12 GILS as % of Loans & BAS Canadian Banking Retail: Loans and Provisions $153 (Spot Balances at Q3/12, $ billions) Total = $202B; 93% secured $24 $16 $9 % secured Mortgages 100% Lines of Credit 66% Personal Loans Credit Cards¹ 98% 37% PCL Q3/12 Q2/12 Q3/12 Q2/12 Q3/12 Q2/12 Q3/12 Q2/12 $ millions 7 4 28 29 33 33 35 39 % of avg. 2 1 45 50 84 102 158 182 loans (bps) Scotiabank (1) Includes $6 billion of Scotialine VISA Note: Includes Wealth Management balances of ~$3 billion

View entire presentation