Earnings and Dividend Growth

Scotiabank in Colombia Business Overview Customers¹ Employees ~2.7MM Corporate/ ~6,400 Commercial Residential Mortgages 26.0% 18% Branches 152 Average Loans $10B 48% Loans $10.5B 18% Personal Loans Average $9B Deposits 16% 0% Total NIAT 2,6 $57MM Credit Cards Auto ROE³ 4.5% Retail 38% 62% Loans Productivity³ 60.5% Secured Unsecured PTPP Market Position by Loans4 16.6% 12.4% 10.3% 6.2% 5.4% 4.2% ▸ BBVA 1 Bancolombia Davivienda Bogotá 5 BBVA Occidente Scotiabank Popular5 Productivity Ratio +3% CAGR 664 460 519 507 54.5% 53.4% 52.6% 2017 Constant currency 2018 All figures in CAD$ including Wealth Management 1 Includes affiliates & consumer microfinance 2 LTM Q3/21 3 Adjusted as Reported 2019 2020 4 Market share as of May 2021 5 Members of AVAL Group: Banco de Bogotá, Banco de Occidente, Banco Popular and Banco AV Villas. 6 Adjusted after NCI Colpatria Operating Leverage 59.8% -1.8% -2.4% -6.4% -7.6% 2017 2018 2019 2020 2017 2018 2019 2020 32 32

View entire presentation