Scotiabank Risk Overview

Global Wealth Management Strong investment performance, increasing scale • • • Market-Leading Capabilities Award-Winning Investment Management Scotia Global Asset Management wins prestigious awards including 25 FundGrade A+ Awards and 8 individual Lipper Awards across its Scotia Funds and Dynamic Funds brands for consistent, outstanding, risk- adjusted performance Jarislowsky Fraser won a new ESG focused mandate in The Great Canadian ESG Championship Scotia Global Asset Management ETF suite expanded to 26 solutions across Scotia and Dynamic brands with launch of two new ETFs Scotia Asset Management Chile ranked 1st in the annual ranking by El Mercurio Investments in the balanced mutual fund category advancing from the 4th position in 2021 Scotia Asset Management Mexico launched a new offering of Strategic Portfolios (three new funds) for Retail in the Branch channel ⚫ Scotiabank Colombia Trust received the AAA rating from Value and Risk Rating S.A (Colombia Risk Rating Agency) Tailored Advice Scotia Wealth Management 2023 Global Finance Awards: Best Private Bank for Net Worth between $1MM and $24.9MM and Best Private Bank for women clients Scotia iTRADEⓇ provides the best desktop-based online brokerage experience amongst Canadian self-directed online brokerage firms according to Surviscor's 2022 Online Brokerage Desktop Experience Review Scotiabank is the largest Private Investment Counsel Business in Canada on a combined basis with JFL PIC, Scotia PIC and MD PIC with assets over $69Bn (Investor Economics Summer 2022) Medicus Pension Plan, a multi-employer pension plan designed specifically for Canadian incorporated physicians, has received the required regulatory approvals and is set to launch in Spring 2023 Investment Performance Highlights (1) of 1832 Asset Management assets in the % top two quartiles over a five-year period 69% of Dynamic Funds assets in the top two 79%) quartiles over a five-year period 1 As of January 31, 2023 38

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