Investor Day Summary

INTERNATIONAL BANKING Strong quarter driven by continued earnings momentum in Pacific Alliance FINANCIAL PERFORMANCE & METRICS ($MM) 1,2 . Q2/18 Y/Y Q/Q . Revenue $2,742 +7% (1%) Expenses $1,438 +5% (2%) PCLS $340 (4%) Net Income $675 +15% Productivity Ratio 52.5% (80bps) (80bps) Net Interest Margin 4.74% (26bps) +8bps PCL Ratio 3, 4 1.22% (11bps) (4bps) PCL Ratio 1.38% on Impaired Loans 3, 4 +5bps +13bps (%) NET INCOME 1,5 ($MM) AND NIM 5 5.00% 4.77% 4.67% YEAR-OVER-YEAR HIGHLIGHTS2 Net Income up 15%6 ○ Strong asset and deposit growth in Pacific Alliance o Increased contribution from affiliates o Lower tax rate Revenue up 7% o Pacific Alliance up 11% Loans up 11% o Pacific Alliance strong loan growth up 16% • PCL ratio 3, 4 on impaired loans up 5 bps ○ Mainly related to one previously impaired account impacted by the hurricane related events in Puerto Rico • 4.66% 4.74% 667 675 • 595 614 605 • Expenses up 5% o Business volume growth, inflation and higher technology costs partly offset by cost-reduction initiatives Positive YTD operating leverage YTD productivity improvement of 140 bps Q2/17 Q3/17 1 Attributable to equity holders of the Bank Q4/17 Q1/18 Q2/18 2 Y/Y and Q/Q growth rates (%) are on a constant dollars basis, while metrics and change in bps are on a reported basis 3 2018 amounts are based on IFRS 9. Prior period amounts were based on IAS 39 4 Provision for credit losses on certain assets-loans, acceptances and off-balance sheet exposures 5 Net Income and Net Interest Margin is on a reported basis 6 The benefit from the Alignment of reporting period of Chile with the bank contributed 4% to the net income growth Scotiabank 23

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