Global Wealth Management and Banking Overview

Chilean Economy Advanced economy with wide-ranging trade links • Chile's mix of economic activities reflects its status as an advanced OECD economy Chile's diversified trading relationships are supported by 25 free-trade agreements with 60 countries that account for 74.3% of global GDP. Public support for households and businesses has powered a strong rebound in consumption GDP Growth 2021F: 6.0% GDP Growth 2022F: 3.5% 16.1% Finance, Insurance, & Real Estate 8.5% Other 1.2% Restaurants & Hotels 7.7% Transportation & Warehousing 3.5% Natural Resources CHILEAN GDP BY INDUSTRY (Q3 2020) 17.8% Housing & Personal Services 10.1% Wholesale & Retail Trade 10.9% Manufacturing 14.0% Mining and Oil & Gas Extraction 5.0% Construction 5.2% Public Administration Top 5 Trading Partners* Contributions to Chilean GDP Growth 10 y/y % change 5 0 -5 -10 Net Exports -15 -20 Investment Consumption Inventories Government Real GDP -25 17 18 Sources: Scotiabank Economics, Haver Analytics. 19 20 20 Others 36% China 35% Argentina 3% Brazil United 5% Japan States 6% 15% * Trade data updated as of Q3-2020 60 60

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