Mr. Mayberry is a corporate director and the retired Chair of the Board and Chief Executive Officer of Dofasco Inc., a manufacturer of primary steel products. He holds a B.A. from the University of Western Ontario and a diploma from McMaster University in Metallurgy of Iron and Steel. He has been awarded an Honourary Doctor of Laws from McMaster University and is a member of the Order of Canada.

Mr. Mayberry sits on the board of MDS Inc., where he also serves as Non-Executive Chairman. In addition, at different times during the period from 2003 to 2007, Mr. Mayberry served as a director of the following publicly-traded companies: CFM Corporation, Decoma International Inc., Dofasco Inc. and Inco Limited.

Areas of Expertise:

• Primary Steel Products
• Management

Scotiabank Board Details:

• Director since March 29, 1994
• Member of: Executive and Risk Committee (Chair) and Human Resources Committee
• Meets Share Ownership Guidelines
• Independent
• Latest Retirement Date: ineligible for re-election in March 2015