Credit Performance Review

Canadian Banking: Retail Exposures High quality retail loan portfolio: ~93% secured • Residential mortgage portfolio is high quality ○ 42% insured, and the remaining 58% uninsured has a LTV of 55% 1 • Market leader in auto loans ○ $37 billion auto loan portfolio with 7 OEM relationships (3 exclusive) o Prime Auto and Leases (~91%) o Lending tenor has been relatively stable with contractual terms for new originations averaging 78 months with projected effective terms of 55 months • Growth opportunity in credit cards o $7.4 billion credit card portfolio represents ~3% of domestic retail loan book and 1.3% of the Bank's total loan book o Organic growth strategy focused on payments and deepening customer relationships 。 Upside potential from existing customers: ~80% of growth is from existing customers (penetration rate mid-30s and trending up versus peers in the low-40s) Strong risk management culture with specialized credit card teams, customer analytics and collections focus 5% Unsecured DOMESTIC RETAIL LOAN BOOK $287.4B 3% Credit Cards 1 LTV calculated based on the total outstanding balance secured by the property. Property values indexed using Teranet HPI data. 79% Real Estate Secured Lending -13% Automotive Scotiabank® 18

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