Investor Presentaiton

Scotiabank in Colombia Business Overview Market Position by Loans4 Customers¹ ~2.8MM Corporate/ Commercial 43% Employees ~6,500 26.1% Residential 19% Mortgages Branches 152 Loans $11.5B Average Loans $11B 1% Auto Average 19% $10B 19% Deposits Personal Loans 16.7% 12.3% 10.2% 6.2% 5.3% 4.3% Credit Cards Total NIAT 2,6 -$34MM BBVA 1 ROE³ -2.8% Retail 34% 66% Loans Bancolombia Davivienda Bogotá 5 BBVA Productivity³ 58.2% Secured Unsecured Occidente Scotiabank Popular5 Colpatria PTPP Productivity Ratio Operating Leverage +3% CAGR 664 519 507 460 2017 Constant currency 2018 2019 2020 54.5% 53.4% 52.6% 59.8% -1.8% -2.4% -6.4% -7.6% All figures in CAD$ including Wealth Management 1 As of October 2020 2017 2018 2019 2020 2017 2018 2019 2020 2 LTM Q1/21 3 Adjusted as Reported 4 Market share as of December 2020 5 Members of AVAL Group: Banco de Bogotá, Banco de Occidente, Banco Popular and Banco AV Villas. AVAL is 2nd in market share in terms of Loans (25%) and 1st in Deposits (27%) 6 Adjusted after NCI 30

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