COVID-19 Business Impact Presentation

Scotiabank in the Pacific Alliance Pacific Alliance Trade Bloc Highlights ~225 million people¹, median age of 302 6th largest economy in the world1 Banking penetration ~50%1 • Sovereign ratings all "Investment Grade"3 63% of exports related to manufacturing4 Largest trading partner is the United States4 Mexico Peru Chile Colombia Scotiabank Market Share5 Market Share Ranking5 7.7% 5th 17.9% 3rd 14.2% 3rd 5.9% Strengths Auto and Mortgages All Products All Products 6th Credit Cards, Personal Average Total Loans (C$B) $32.7 $22.8 $45.3 $11.9 Revenue (C$B) $2.2 $2.2 $2.2 $1.4 Net Income after NCI 7,8 (C$MM) $408 $624 $441 $73 ROE 6,8 3.0% 9.5% 5.4% (3.8%) # of Employees 9,10 12,299 11,591 8,427 7,150 1Source: World Bank, IMF 2 Source: The World Factbook, CIA 2018 3 Sovereign ratings from Moody's, S&P, and Fitch; Source: rating agency websites 6 For the three months ended April 30, 2020 7 For the trailing 12 months ended April 30, 2020, not adjusted for currency 8 Refer to Non-GAAP Measures on Slide 41 for adjusted results 4 Source: United Nation Conference on Trade and Development (UNCTAD) 2018; International Monetary 9 Employees are reported on a full-time equivalent basis Fund (IMF) 2019 5 Ranking based on publicly traded banks by total loans market share as of March, 2020, inc. M&A 10 As of April 30, 2020 43

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