Investor Presentaiton

Scotiabank in Peru¹ PERFORMANCE EVOLUTION ($ MM) 2 BUSINESS OVERVIEW 2 In Peru since 1997, but officially started operations in 2006. Offers Retail, Small Business, Commercial, GBM, Wealth and Treasury solutions PTPP4 NIAEH 1,288 1,049 934 Q3/23 336 408 Customers³ ~3.7MM 291 228 230 93 97 Employees³ ~8,900 2020 2021 2022 Q3/22 Q3/23 Branches³ 256 WY/WY Y/Y Average Loans4 $23Bn PTPP Growth4 0% (19%) (11%) (18%) 1% NIAEH Growth4 (54%) 15% 22% (15%) 5% Average Deposits4 $16Bn Loan Growth 9% 1% 6% 9% (2%) ROE4 15.2% NIM4,5 5.91% 4.79% 4.41% 4.39% 4.94% Digital Adoption (%) 50% Productivity Ratio 35.3% 38.3% 39.4% 39.9% 42.8% Digital Sales (%) 59% Operating Leverage 0.5% (6.4%) (2.5%) (2.8%) (8.7%) AVERAGE LOAN MIX AS ECONOMIC OUTLOOK 6 AT Q3/237 MARKET SHARE AND POSITIONS (AS OF JUNE 2023) 8 GDP Growth (%) 2023E 1.4% 2024E 2.3% Corporate/ Commercial 54% Population Growth (%) 1.0% CPI (y/y % eop) 5.0% 3.5% $23Bn O Residential Mortgages 17% Total Loans 3rd Mortgage 3rd Non-mortgage 4th 15% Commercial 3rd 16% 16% 18% Unsecured 29% Total Deposits 4th 13% 1 All figures excluding Wealth Management, 2 Current and prior period dollars, Y/Y and Q/Q growth rates (%) are on a constant dollar basis, while metrics are on a reported basis; 3 Including subsidiaries; 4 See non-GAAP reconciliations beginning on slide 83; 5 NIM WY2020 has been restated; 6 Source: Scotiabank Economics. GDP and CPI as at August 11, 2023 forecast; Population Growth: World Economic Outlook Database, April 2023; 7 May not add due to rounding; 8 Key Competitors: BCP, BBVA, Interbank; Source: ASBANC 31

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