pg. 3

"TRAINING AND CAPACITY BUILDING OF EMPLOYEES

BNS has in place systems to protect whistleblowers. A supplement to the Code of Conduct is the Whistleblower Policy and Procedures which are designed as a control to help safeguard the integrity of BNS’s (and our subsidiaries’) financial reporting, business dealings and to support adherence to the Code of Conduct. The Whistleblower Policy and Procedures deal with reporting concerns related to Financial Reporting, suspected fraudulent activity, breaches of the Code of Conduct and other compliance policies and retaliation or retribution against an individual who reports a concern. Employees are encouraged to report issues of concern including human rights related concerns."