Energy Portfolio and Canadian Mortgage Overview

Scotiabank in Chile As presented in 2020 Investor Day Footprint Customers¹ Market Position by Loans4 Employees Branches1 18.4 16.8 >3 million ~9,000 162 14.1 13.8 13.7 Balance and Market Position Loan Market Share4 Average Loans Average 9.9 Deposits 14.1% $47 $24 billion billion Financial Total NIAT² ROE2,3 Performance Productivity² R Itaú $718 / $524 8.7% 43.4% Santander Chile Scotiabank Estado BCI Itaú (Pre-NCI / Post-NCI) million NIAT5 Productivity Ratio Operating Leverage 381 339 +28% 53.6% CAGR 718 515 2016 All figures in CAD$ Constant currency 2017 2018 2019 1 Includes affiliates & consumer microfinance 2 WY 2019 3 WY 2019 ROE including goodwill. Local GAAP ROE 13.5% 4 Market share as of November 2019. Local view, exclude offshore loans. Source: CMF 5 NIAT Before NCI 49.5% 44.7% 43.4% -2.3% 13.3% 8.5% 4.3% 2016 2017 2018 2019 2016 2017 2018 2019 39

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