Scotiabank Pacific Alliance Expansion

Scotiabank in Mexico Business Overview Customers ~3.1MM Corporate/ Commercial Residential Mortgages 23.5% Market Position by Loans4 Employees ~10,100 29% Branches1 531 Average Loans $30B Loans $30.3B 59% Personal Average $28B 6% Loans Deposits 4% Auto 15.0% 13.3% 10.2% 7.8% 6.9% 3.8% 2.1% Total NIAT2,5 $400MM Credit Cards ROE³ 12.1% Retail Loans 85% 15% BBVA B citibanamex 8 banregio BANORTE Productivity³ 54.6% Secured Unsecured BBVA Banorte Santander Banamex Scotiabank HSBC Bajio Regio PTPP Earnings 924 738 2017 Constant currency 2018 +14% CAGR Productivity Ratio 58.6% 978 1,087 2019 2020 All figures in CAD$ including Wealth Management 1 Includes bank and wealth branches; does not include 177 Credito Familiar branches 2LTM Q2/21 3 Adjusted as Reported 4 Source: CNBV as of March 2021 5 Adjusted after NCI 55.4% 55.0% 54.4% Operating Leverage 7.5% 6.9% 1.9% -0.9% 2017 2018 2019 2020 2017 2018 2019 2020 22 27

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