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Investor Presentaiton

PCL RATIOS Stable all-bank PCL ratios on impaired loans IAS 39 IFRS 9 Q3/17 Q4/17 Q1/18 Q2/18 Q3/18 (As a % of PCLs on PCLs on PCLs on Total Total Average Net Loans & Acceptance) PCLs on Impaired Loans Total Total Impaired Impaired Impaired PCLS PCLS PCLS PCLS Loans Loans Loans (rep) (adj) Canadian Banking Retail 0.31 0.30 0.29 0.28 0.28 0.28 0.25 0.24 0.24 Commercial 0.09 0.07 0.11 0.08 0.09 0.09 (0.04) 0.06 0.06 Total 0.28 0.27 0.27 0.25 0.25 0.25 0.21 0.21 0.21 Total - Excluding Credit Mark 0.29 0.28 N/A N/A N/A N/A N/A N/A N/A Benefits International Banking Retail 2.08 2.00 2.28 2.39 2.26 2.16 2.36 4.69 2.25 Commercial 0.31 0.32 0.28 0.201 0.55 0.341 0.38 0.66 0.311 Total 1.16 1.14 1.25² 1.261,2 1.382 1.221,2 1.33 2.583 1.234 Total Excluding Credit Mark 1.27 1.34 N/A N/A N/A N/A N/A N/A N/A Benefits Global Banking and Markets 0.11 0.04 (0.01) (0.04) 0.02 (0.05) (0.06) (0.05) (0.05) All Bank 0.45 0.42 0.43 0.42 0.46 0.42 0.41 0.69 0.40 1 Excludes provision for credit losses on debt securities and deposit with banks 2 Not comparable to prior periods, which were net of acquisition benefits 3 On an reported basis; includes impact of Day 1 PCLs from acquisitions 4 On an adjusted basis; adjusted for Day 1 PCLs from acquisitions Scotiabank 16
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