Earnings & Dividend Growth Presentation

Resolution Tools • CDIC has a number of tools to assist or resolve a failing DSIB 。 Liquidation of the bank and reimbursement of insured deposits ○ Bank is placed under temporary CDIC control to complete its sale to a willing buyer (forced sale) via one of two approaches: о All shares are transferred to CDIC and it becomes the sole shareholder to facilitate the sale; or CDIC is appointed receiver to sell all or some of the assets and liabilities to the buyer Under both approaches, critical banking operations are maintained Bank is placed under temporary CDIC control and CDIC transfers certain functions to a bridge bank which is temporarily owned by CDIC ○ Meant to bridge the gap from when an institution fails and when a buyer or private-sector solution can be found ○ Critical banking operations are maintained Bail-in regime Scotiabank | 44

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