Scotiabank Investor Presentation

Scotiabank in Mexico Business Overview1 Customers² ~3.2MM Corporate/ Commercial Residential Mortgages 24.3% Market Position by Loans5 Employees² ~9,000 31% Branches² 474 Average Loans $35Bn Loans $35.1Bn 59% Average Deposits $33Bn 4% 5% Personal Loans 14.7% 13.5% 9.8% 8.0% 7.0% 2% Auto Total NIAT (after NCI)3,4 $746MM Credit Cards ROE3,4 22.0% Retail Loans 89% 11% BBVA 8 citibanamex BANORTE Productivity3,4 49.0% Secured Unsecured BBVA Banorte Santander Banamex Scotiabank HSBC PTPP1,6 Productivity Ratio4 Operating Leverage4 951 892 2019 2020 +9% CAGR 55.7% 55.0% 1,115 1,162 2021 2022 All figures excluding Wealth Management 1 PTPP Current period dollars on CDE and prior periods and CAGR on a constant dollar basis 2 Including subsidiaries 3 FY'22 Results 4 Refer to non-GAAP measures on page 4 of the Management's Discussion & Analysis in the Bank's Fourth Quarter 2022 Report to Shareholders, available on http://www.sedar.com 5 Source: CNBV as of August 2022 6 Pre-Tax, Pre-Provision Profit defined as revenues less expenses 50.0% 8.9% 1.3% 2.2% 49.0% -1.2% 2019 2020 2021 2022 2019 2020 2021 2022 31

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