Scotiabank ESG and Financial Performance Update

Well Diversified Business with Strong Returns EARNINGS BY BUSINESS LINE EX. OTHER 1, 2, 3 Global Wealth Management 15% EARNINGS BY GEOGRAPHY 1 Caribbean and Central America (C&CA) 4% Other 4% Peru 4% Colombia 1% Global U.S. 8% Banking FY2022 REPORTED and Markets 18% EARNINGS Canadian $10.6Bn Banking 45% Mexico 8% FY2022 REPORTED EARNINGS $9.9Bn Canada 62% Chile 9% International Banking 23% REPORTED RETURN ON EQUITY BY BUSINESS LINE 4,5 26.3% 22.2% ■3-Year Average ■FY22 15.5%16.2% 12.9% 15.2% 14.3% 13.3% 14.8% 9.4% Canadian Banking International Banking Global Wealth Global Banking and Management Markets All Bank 1Net income attributable to equity holders for the 12 months ended October 31, 2022; 2 Excludes Other segment (FY22: -$732MM in net income attributable to equity holders for the 12 months ended October 31, 2022); 3 May not add due to rounding; 43-Year ROE calculated as average of full year 2020-2022 ROES; 5 Refer to non-GAAP measures on page 4 of the Management's Discussion & Analysis in the Bank's Second Quarter 2023 Report to Shareholders, available on http://www.sedar.com 5

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