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Investor Presentaiton

OTHER SEGMENT1 Results reflect positive impact of FX and lower expenses NET INCOME² ($MM) -48 -55 -86 56 -32 • YEAR-OVER-YEAR HIGHLIGHTS Positive impact of FX (including hedges) and lower expenses Partly offset by lower gains on investment securities Q2/17 Q3/17 Q4/17 Q1/18 Q2/18 1 Represents smaller operating segments including Group Treasury and corporate adjustments 2 Attributable to equity holders of the Bank Scotiabank® | 11
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