Q2 2014 Financial Review

Overview Scoti nk Brian Porter President & Chief Executive Officer Scotiabank Q2 2014 Overview Strong results Net income of $1.8 billion, up 14% from last year - Diluted EPS up 14% to $1.39 - ROE: 16.3% Revenue growth of 10% from last year Capital position continues to be strong at 9.8% Share buyback program of up to 1% announced Quarterly dividend maintained at $0.64 per share 4 Scotiabank 2

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