Corporate Governance

• How we govern
• Prudent risk management
• Public policy priorities

"Corporate governance" refers to the way in which a company is governed, how it makes decisions, its processes and policies, and how it deals with the various interests of its many stakeholders — including shareholders, customers, employees and the broader community. As a global financial institution with operations in more than 55 countries, Scotiabank aims to ensure that its practices and policies meet or exceed local, Canadian and international standards and requirements, and that the interests of diverse stakeholders around the world are represented in a balanced way.

Specific responsibility for corporate governance at Scotiabank rests with the Corporate Governance and Pension Committee of the Board, which is composed entirely of independent directors. The Bank's corporate governance policies are designed to ensure the independence of the Board of Directors and its ability to effectively supervise management's operation of the Bank. The Board of Directors is committed to adopting best practices for the Bank's corporate governance. Scotiabank regularly reviews its corporate governance policies and procedures at all levels and the Board implements changes to our corporate governance framework, where appropriate.

For complete information on our Corporate Governance practices, visit:

• Corporate Governance Policies
• Non-Executive Chairman Mandate
• Board Mandate
• Director Independence Standards
• Membership - Board of Directors
• Director Compensation
• Executive Management
• Summary of Significant Corporate Governance Differences
• Committee Memberships
  • Audit and Conduct Review Committee
  • Corporate Governance and Pension Committee
  • Executive and Risk Committee
  • Human Resources Committee

Other Information:

• Annual Reports and AGM
• Guidelines for Business Conduct
• Risk Management
• Whistleblower Policy and Procedures
• Statement of Disclosure Policies and Practices
• Preventing and Detecting Money Laundering