Scotiabank Investor Day Summary

WELL DIVERSIFIED AND PROFITABLE BUSINESSES1 Diversified by products, customers and geographies, creating stability and lowering risk 50% Canadian Banking 19% Global Banking and Markets BUSINESS LINE EARNINGS 2,3 $2.3B Pacific Alliance5 represents ~70% of International Banking earnings GEOGRAPHIC SEGMENT AVERAGE ASSETS4 $919B 31% International Banking 17% Other International 59% Canada 11% Pacific Alliance 5 13% U.S. 1 Excludes Other segment and Corporate Adjustments 2 Three months ended July 31, 2018 3 Adjusted for acquisition-related costs including the Day 1 PCL on acquired performing loans, integration and amortization costs related to current acquisitions, and amortization of intangibles related to current and past acquisitions 4 Quarter end as at July 31, 2018 5 Pacific Alliance includes Mexico, Peru, Chile and Colombia Scotiabank® | 6

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