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Investor Presentaiton

Earnings and Dividend Growth Strong track record of stable and predictable earnings and growing dividends Earnings per share (C$)1,2 2009-2019 CAGR: +8.0% 2010-2020 CAGR: +3.2% $3.31 60 10 11 =1 23 Dividend per share (C$) $1.96 $7.14 $5.36 19 20 +6% CAGR Total shareholder return³ Scotiabank Big 5 Peers (ex. Scotiabank) 2.7% 6.3% 4.6% 9.0% 9.3% 8.4% 5 Year 10 Year 20 Year $3.60 09 10 11 12 13 14 15 16 17 18 19 20 1 Reflects adoption of IFRS in Fiscal 2011. 2 Excludes notable items for years prior to 2016. For 2016 onwards, results adjusted for acquisition and divestiture-related amounts, impact of additional pessimistic scenario in ACLs, Derivative Valuation Adjustment, and impairment charge on software asset. ³ As of October 30, 2020. 15 15
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