pg. 2

"BNS continues to review and improve internal processes impacting Human Rights as set out in our Human Rights Statement. To identify and mitigate risk, Scotiabank Europe undertakes due diligence procedures on new customers and direct suppliers, which are designed to identify and mitigate risk. These procedures are considered to identify the supplier and owner (s) of the customers and ensure that the requirements of the BNS Anti-Money Laundering / AntiTerrorist Financing Program and a Global Sanctions Compliance Program are followed prior to any business being executed by or through Scotiabank Europe."