Investor Presentaiton

• SCOTIABANK IN THE PACIFIC ALLIANCE COUNTRIES Well positioned in high quality, growth markets PAC Highlights 230 million people¹, median age of 302 9th largest economy in the world1 Banking penetration <50%1 Sovereign ratings all "Investment Grade"3 63% of exports related to manufacturing4 Largest trading partner is the United States4 • • • Scotiabank in the PAC Only global bank present in all PAC countries Top 3 bank in Chile and Peru 28-year operating history (average) 2018 "Bank of the Year", Latin Finance Scotiabank Market Share5 Market Share Ranking5 Strengths Average Total Loans (C$B) Revenue (C$B) Net Income after NC17,8 (C$MM) ROE 6,8 # of Employees 9,10 Mexico Peru Chile Colombia 7.4% 6th 18.3% 3rd 14.0% 3rd Auto and Mortgages P&C and Mortgages Credit Cards, Mortgages 6.0% 6th Credit Cards, Personal $31.3 $21.5 $47.2 $12.2 $2.3 $2.3 $2.4 $1.6 $611 $756 $539 $132 18% 24% 10% 9% 13,241 12,052 8,967 8,955 1 Source: World Bank 2017 2 Source: The World Factbook, CIA 2017 3 Sovereign ratings from Moody's, S&P, and Fitch; Source: Bloomberg 4 Source: United Nation Conference on Trade and Development (UNCTAD) 2017; Organization for Economic Co- operation and Development (OECD) 2016 5 Ranking based on publicly traded banks by total loans market share as of June, 2019, inc. M&A 6 For the three months ended July 31, 2019 7 For the trailing 12 months ended July 31, 2019 not adjusted for currency 8 Earnings adjusted for acquisition-related costs including integration and amortization costs related to current acquisitions, and amortization of intangibles related to current and past acquisitions 9 Employees are reported on a full-time equivalent basis 10As of July 31, 2019 Scotiabank. | 31

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