Scotiabank Investor Day Summary

TRACK RECORD OF EARNINGS & DIVIDEND GROWTH Stable and predictable earnings with steady increases in dividends EARNINGS PER SHARE (C$)1 $3.05 +9% CAGR $6.49 $5.10 TOTAL SHAREHOLDER RETURN2 3.0% 16.5% 14.8% 12.8% 11.9% 10.4% 10.9% 8.9% 15.2% 13.8% 08 09 10 11 12 13 14 15 16 17 18 1 Year 5 Year 10 Years 20 Years 30 Years YTD BNS Big-5 Peers (Ex. BNS) DIVIDEND PER SHARE (C$) $0.37 97 98 99 00 01 02 03 04 1 Reflects adoption of IFRS in Fiscal 2011 2 As of July 31, 2018 +11% CAGR $3.05 $2.43 50 05 06 07 08 09 10 11 12 13 14 15 16 17 18 YTD Scotiabank® 7

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