International Banking Volume Growth and Sector Highlights

RISK REVIEW Overall credit fundamentals are within expectations PCLs ($MM) AND PCL RATIO (bps) 45 bps 45 bps 49 bps 45 bps 42 bps 587 573 550 553 536 Q4/16 PCLs Q1/17 Q2/17 Q3/17 Q4/17 PCL ratio GILS1 ($B) AND NIL RATIO (bps) 49 bps 49 bps 44 bps 49 bps 43 bps 5.4 5.4 5.2 4.9 4.9 Q4/16 GILS Q1/17 Q2/17 Q3/17 Q4/17 NIL ratio • YEAR-OVER-YEAR HIGHLIGHTS PCLS and PCL ratio both improved, as well as Q/Q o Canada has stabilized and delinquency rates improved across all product categories o Improved loss rates in Canadian and International retail and commercial Global Banking and Markets loss rate at 4 bps Cumulative energy loan loss ratio of 2.1% below our committed 3% guidance through 2015 and 2017 Gross impaired loans improved 1% Q/Q1 。 Net impaired loan loss ratio improved by 1 bp Q/Q to 0.43% 。 Lower retail, commercial and wholesale gross impaired loans across all business lines 1 Excludes loans acquired under the Federal Deposit Insurance Corporation (FDIC) guarantee related to the acquisition of R-G Premier Bank of Puerto Rico. Scotiabank 15

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