2018 Financial Performance

Well-Diversified and Profitable Business Diversified by business and by country, creating stability and lowering risk Earnings by Business 1,2,3 Earnings by Country 1,2,3 Global Banking and Markets 20% Canadian Banking Wealth 9% International Banking 31% Canadian Banking 49% Canadian Banking P&C 40% Colombia 1% Other International 10% Other Americas 7% Chile 5% Peru 8% EARNINGS MIX $8.9B Mexico 7% U.S. 7% Adjusted Return on Equity by Division 23.0% 15.8% 16.0% 14.9% Canadian Banking International Banking Global Banking and Markets All Bank 1 For the twelve months ended October 31, 2018; 2 Figures adjusted for Acquisition-related costs, including Day 1 PCL impact on acquired performing loans, integration and amortization costs related to current acquisitions and amortization of intangibles related to current and past acquisitions; 3 Excluding Corporate adjustments GREATER SCALE, GREATER FOCUS Canada 55% Scotiabank® 6

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