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Investor Presentaiton

Global Registered Covered Bond Program¹ Global Covered Bond Program: CAD$38 billion program size, $26 billion outstanding LOAN-TO-VALUE RATIOS² 41% 34% 19% CREDIT SCORES³ 64% 5% 1% 1% 11% 17% 0-20% 20-40% 40-60% 60-80% 80+% <599 600-650 651-700 701-750 751-800 800+ REMAINING TERM DISTRIBUTION (MONTHS) 13.7% 26.9% 28.5% 12.0% Alberta 0.2% Yukon 2.6% Saskatchewan 12.9% 1.1% 11.2% Quebec 6.9% PROVINCIAL DISTRIBUTION4 <12 12-23.99 24-35.99 36-41.99 42-47.99 48+ 0.3% P.E.I. 58.2% Ontario 1 As at October 31, 2019 2 Uses indexation methodology as outlined in Footnote 1 on page 3 of the Scotiabank Global Registered Covered Bond Monthly Investor Report 3 Excludes unavailable credit scores 4 May not add to 100% due to rounding 1.3% 19.3% British Columbia Manitoba 1.1% New Brunswick 1.6% Newfoundland 2.2% Nova Scotia 74
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