BNS Split Corp. II is a Canada-based mutual fund corporation whose principal undertaking is to invest in common shares (BNS Shares) of The Bank of Nova Scotia (BNS). The capital of the Company consists of an unlimited number of Class A Capital Shares, an unlimited number of Class B Preferred Shares issuable in series, an unlimited number of Class B, C, D and E capital shares issuable in series, and an unlimited number of Class C, D and E preferred shares issuable in series, and an unlimited number of Class J shares and Class S shares. Scotia Managed Companies Administration Inc. (SMCAI), a wholly owned subsidiary of Scotia Capital Inc, is the administrator of the Company.