Scotiabank Investor Presentation

Strong Capital Position CETI ratio of 11.5%¹ Q/Q CHANGE IN CET1 RATIO (%) 21 bps 2 bps 11.5% 11.4% (14 bps) (1 bp) Q3 2022 Reported Earnings less dividends RWA Growth (ex. FX) FVOCI securities Other (net) Q4 2022 Reported 452.8 Q/Q CHANGE IN RISK WEIGHTED ASSETS ($Bn) 3.7 10.1 1.7 (0.1) 0.6 (6.4) 462.4 Q3 2022 Business Growth Book Quality Model Updates & FX & Other Implementations Market Risk Operational Risk Q4 2022 1 This measure has been disclosed in this document in accordance with OSFI Guideline - Capital Adequacy Requirements (November 2018) • Strong internal capital generation from earnings and improvements in book quality, partially offset by: o Organic growth from business and retail lending o Valuation changes in investment securities • RWA increased $9.6 billion Q/Q, mainly from the impacts of foreign currency translation Business growth includes organic loan growth of $6.1 billion, partially offset by a reduction in counterparty credit risk of $2.4 billion 13

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