Earnings & Dividend Growth Presentation

Scope of Bail-in Debt Scope emphasizes operational feasibility, credibility and preserving access to liquidity in stress • What's in scope: ○ Issued, originated or renegotiated after September 23, 2018 o Long term (original term >400 days) ○ Tradeable and transferrable Unsecured • What's not in scope: 。 Deposits Most structured notes 。 Secured liabilities Covered bonds 。 Derivatives • ⚫ Legacy (non-NVCC) capital instruments are not in scope for Bail-in but would be subject to other resolution tools to ensure that senior bail-in debt holders are better off than holders of legacy capital instruments Scotiabank® 40

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