Investor Presentaiton

Funding Strategy Flexible, well-balanced and diversified funding sources Funding Strategy • Build customer deposits in all of our key markets Continue to manage wholesale funding (WSF) and focus on longer term funding Endeavouring to fund asset growth through deposits • Achieve appropriate balance between cost and stability of funding ○ Maintain pricing relative to peers ⚫ Diversify funding by type, currency, program, tenor and markets • Pre-fund at least one quarter ahead, market permitting ⚫ Centralized funding strategy and associated risk management SHORT-TERM FUNDING 。 USD 25 billion Bank CP program USD 3 billion Subsidiary CP program 。 CD Programs (Yankee/USD, EUR, GBP, AUD, HKD) ⚫ TERM FUNDING & CAPITAL Canadian Dollar o CAD 36 billion global registered covered bond program (uninsured Canadian mortgages) o Canada Mortgage Bonds and Mortgage Back Securities CAD 15 billion debt & equity shelf 。 (senior/sub debt, prefs, common shares) CAD 15 billion START ABS program (indirect auto loans) CAD 7 billion Halifax ABS shelf (unsecured lines of credit) 。 CAD 6 billion Principal at Risk (PAR) Note shelf 。 CAD 5 billion Trillium ABS shelf (credit cards) Foreign Currency o USD 20 billion debt & equity shelf (senior/sub debt, prefs, common shares) 。 USD 20 billion EMTN shelf 。 AUD 8 billion Australian MTN program 。 USD 7.5 billion Singapore MTN program Scotiabank® 30 30

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