Investor Presentaiton

Q1 2016 Trading Results and One-Day Total VaR (# days) 12 10 8 4 2 0 III 0 1 2 3 4 5 6 7 8 9 10 11 • One trading loss day in Q1/16 35 55 12 16 18 20 24 ($ millions) Scotiabank®

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