Increasing Scale, Improving Focus

Why Invest in Scotiabank? ☑ Canada's international bank and a top 10 bank in the Americas Diversified exposure to high quality growth markets Increasing scale and market share in key markets Improving quality of earnings. while reducing risk profile Enhancing competitive advantage in technology and talent . • Unique footprint provides diversification with growth Strong balance sheet, capital and liquidity ratios • Attractive dividend yield, return on equity and valuation • • • Leading Canadian banking franchise Leading bank in the Pacific Alliance growth markets of Mexico, Peru, Chile and Colombia Earnings growth in personal & commercial, wealth, and wholesale businesses Gaining market share in key markets of Canada, the U.S. and the Pacific Alliance countries. Lowering operational risk with more focused footprint Top 3 bank in Canada, Chile and Peru Increasing scale in Wealth Management and Pacific Alliance with $7B of strategic acquisitions since 2018 > 80% of earnings from core personal and commercial banking businesses. >80% of earnings from 6 key markets • Exited 21 countries and 11 businesses since 2013 Strong Canadian risk management culture - building stronger capabilities for AML and cybersecurity Leading levels of technology investment supports digital banking strategy. Increasing digital sales and adoption with clear targets Well positioned in the Pacific Alliance to leverage technology, risk management, and funding versus local and global competitors • Named to Top 25 "World's Best Workplaces" (2018) Scotiabank. 8

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