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Investor Presentaiton

PCL RATIOS Credit fundamentals remain strong Q3/18 Q4/18 Q1/19 Q2/19 Q3/19 (As a % of Average Net Loans & PCLs on Total PCLs on PCLs on PCLs on Total PCLs on Total Total Total Impaired PCLS Impaired Impaired PCLS PCLS Acceptances) Loans (adj.) Loans Loans Impaired PCLs Impaired Loans (adj.) Loans PCLS Canadian Banking Retail 0.25 0.24 0.25 0.25 0.28 0.28 0.31 0.35 0.33 0.30 Commercial (0.04) 0.06 0.06 0.15 0.21 0.231 0.09 0.061 0.10 0.161 Total 0.21 0.21 0.22 0.23 0.27 0.271 0.28 0.301 0.29 0.271 International Banking Retail 2.36 2.252 2.38 2.21 2.33 2.36 2.36 2.352 2.48 2.28 Commercial 0.38 0.312 0.07 (0.06)1 0.19 0.261 0.27 0.301,2 0.30 0.261 Total 1.33 1.232 1.20 1.051 1.23 1.281 1.29 1.301,2 1.36 1.241 Global Banking and Markets (0.06) (0.05) (0.07) All Bank 0.41 0.40 0.42 (0.09)1 0.39 (0.01) 0.47 (0.07) (0.02) 0.47 0.49 0.52 (0.02) (0.01) (0.01) 0.51 0.48 1 Excludes provision for credit losses on debt securities and deposit with banks 2 On an adjusted basis; adjusted for Day 1 PCLS from acquisitions Scotiabank. | 14
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