Investor Presentaiton

Other Regions Leading Caribbean & Central American franchise Caribbean & Central America • • • Longstanding, diversified franchise serving retail, commercial, and corporate customers Major markets include the Dominican Republic, Jamaica, Trinidad & Tobago, Costa Rica, Panama and The Bahamas Sharpened geographic footprint by exiting higher risk, low growth jurisdictions including Haiti, El Salvador, Puerto Rico and 7 of the Leeward Islands Asia Dominican Republic: #4 bank • Acquired Banco Dominicano del Progreso in 2019 Thailand: 49% interest in Thanachart Bank • Announced definitive agreement to reduce investments in Thailand in Q3/19, resulting in Scotiabank owning approximately 6% of a merged bank (among ING Groep, TBank and TMB) China: 19.9% interest in Bank of Xi'an • CAD $815MM carrying value as of October 31, 2019 . CAD $496MM of net income for twelve months ended October 31, 2019 38

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