Scotiabank Track Record

Wholesale Funding Composition Wholesale Funding Diversified by Instrument and Maturity(1 Mortgage Securitization (4) Subordinated Debt (5) Deposits from Banks (2) 2% 4% 8% Covered Bonds 13% Asset Backed Securities 2% Medium Term Notes and Deposit Notes Maturity Table (ex-Sub Debt) $ CDE, BN $30 Bearer Deposit 33% Notes, $20 Commercial Paper & Certificate of Deposits $10 35% 4% ABCP(3) < 1 Year 2 Years 3 Years 4 Years 5 Years 5 Years > Senior Debt ■ABS Covered Bonds 1) Wholesale funding sources exclude repo transactions and bankers acceptances, which are disclosed in the contractual maturities table in the MD&A of the Interim Consolidated Financial Statements. Amounts are based on remaining term to maturity. 2) Only includes commercial bank deposits raised by Group Treasury. 3) Wholesale funding sources also exclude asset-backed commercial paper (ABCP) issued by certain ABCP conduits that are not consolidated for financial reporting purposes. 4) Represents residential mortgages funded through Canadian Federal Government agency sponsored programs. Funding accessed through such programs does not impact the funding capacity of the Bank in its own name. 5) Although subordinated debentures are a component of regulatory capital, they are included in this table in accordance with EDTF recommended disclosures. 6) As per Wholesale Funding Sources Table in MD&A. As of Q1/17 7) Wholesale funding sources may not add to 100% due to rounding 27

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