Medium-Term Financial Objectives slide image

Medium-Term Financial Objectives

Strong Track Record of Earnings and Dividend Growth Stable and predictable earnings with steady increases in dividends Earnings per share (C$) 1.2 Total shareholder return³ $3.05 +9% CAGR $7.11 Scotiabank ■Big 5 Peers (ex. Scotiabank) 11.5% 12.0% 11.8% 8.4% 8.8% 3.4% 08 09 10 11 12 13 14 15 16 17 18 5 Year 10 Year 20 Year Dividend per share (C$) $1.96 09 +6% CAGR $3.49 10 11 12 13 14 15 16 17 18 19 1 Reflects adoption of IFRS in Fiscal 2011 2 Excludes notable items for years prior to 2016. For 2016 onwards, results 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. 3 As of July 31, 2019 INCREASING SCALE, IMPROVING FOCUS Scotiabank® 10
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