Investor Presentation Second Quarter 2018

PORTFOLIO DETAILS: SCOTIABANK GLOBAL REGISTERED COVERED BOND PROGRAM 1 LOAN-TO-VALUE RATIOS2 CREDIT SCORES 56% 41% 34% 19% 4% 7% 20% 2% 1% 2% 14% 0-20% 20-40% 40-60% 60-80% 80+% <599 600-650 651-700 701-750 751-800 800< REMAINING TERM DISTRIBUTION (MONTHS) 12.8% PROVINCIAL DISTRIBUTION Alberta 25.7% 22.0% 16.3% 15.0% 10.3% 10.6% <12 12-23.99 24-35.99 36-41.99 42-47.99 48< 0.2% Yukon 2.6% Saskatchewan 7.9% Quebec 0.3% 1 As at April 30, 2018 P.E.I. 2 Uses indexation methodology as outlined in Footnote 1 of the Scotiabank Global Registered Covered Bond Monthly Investor Report 51.6% Ontario 18.0% British Columbia 1.3% Manitoba 1.2% New Brunswick 1.8% Newfoundland 2.3% Nova Scotia Scotiabank | 57

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