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Investor Presentaiton

International Banking - Revenue & Volume Growth Revenues (TEB) ($ millions) Average Loans & Acceptances² ($ billions) +19% Y/Y +18% 22 Y/Y 22 19 27 2,4501 26 23 2,357 2,075 45 51 55 892 847 726 Q1/15 Q4/15 Q1/16 Business ■Residential mortgages Personal & credit cards 1,349 1,510 1,558 Average Deposits³ ($ billions) +27% Y/Y 33 31 27 Q1/15 Q4/15 Q1/16 53 47 41 Net interest income Non-interest revenue (1) Includes $30 million of negative goodwill related to the acquisition of Discount Bank in Uruguay and was entirely offset by integration charges Q1/15 (2) Colombia small business portfolio reclassed to Retail from Commercial - prior periods have been restated (3) Includes deposits from banks Non-personal ■ Personal Q4/15 Q1/16 Scotiabank® 23 23
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