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Investor Presentaiton

PCL Ratios Total PCL as % of average net loans & BAS Q2/16 Q3/16 Q4/16 Q1/17 Q2/17 Canadian Banking Retail 0.30 0.30 0.31 0.32 0.34 Commercial 0.14 0.20 0.14 0.21 0.14 Total PCL 0.28 0.29 0.28 0.30 0.31 Net Interest Margin (%) (2) 2.38 2.38 2.39 2.39 2.38 International Banking Retail (1) 2.09 2.13 2.01 2.10 2.19 Commercial (1) 0.97 0.47 0.33 0.35 0.51 Total PCL 1.50 1.26 1.15 1.21 1.33 Net Interest Margin (%) (2) 4.69 4.79 4.77 4.73 5.00 Global Banking & Markets Total PCL 0.57 0.19 0.19 0.04 0.01 Net Interest Margin (%)(2)(3) 1.60 1.72 1.78 1.63 1.75 All Bank Total PCL Ratio 0.59(4) 0.47 0.45 0.45 0.49 Core Banking Margin (%) 2.38 2.38 2.40 2.40 2.54 (1) (2) (3) Colombia small business portfolio reclassed to Retail from Commercial - prior periods have been restated Net Interest Income (TEB) as % of Average Earning Assets excluding Bankers Acceptances Corporate Banking only (4) Excludes collective allowance increase; including collective allowance increase, All Bank PCL ratio was 0.64 57 Scotiabank®
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