Investor Presentaiton

Scotiabank in Chile Footprint Market Position by Loans4 Customers¹ Employees Branches1 18.6 17.3 ~3.0 million 9,060 158 14.3 14.2 13.4 Balance and Market Position Loan Market Share Average Average Loans 10.1 Deposits 14.3% $47 $23 billion billion Financial Total NIAT² ROE2,3 Productivity2 Performance R Itaú $718 / $524 8.7% 43.4% Santander Chile Scotiabank Estado BCI Itaú (Pre-NCI/Post-NCI) million NIAT5 Productivity Ratio Operating Leverage 381 339 +28% 53.6% CAGR 718 515 2016 All figures in CAD$ Constant currency 2017 2018 2019 1 Includes affiliates & consumer microfinance 2 WY 2019 3 WY 2019 ROE including goodwill. ROE excluding goodwill was 13.4% 4 Local view. Source: CMF, Scotiabank 5 NIAT Before NCI 49.5% 44.7% 43.4% -2.3% 13.3% 8.5% 4.3% 2016 2017 2018 2019 2016 2017 2018 2019 36

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