Why Invest in Scotiabank?

Sectors Most Impacted by COVID-191 Most Impacted Sectors as a % of Total Loans Canada C&CA 9% Real Estate: Office and Retail Mexico 3% 4.7% 4.1% 57% $B %IG 4.0% 4.0% 3.6% U.S. 7% $8.8B Office REIT 1.1 70% Other 11% (1.4% of total loans) Office Real Estate 3.7 52% Retail REIT 1.0 100% 1% Q2/20 Q3/20 Q4/20 Q1/21 Q2/21 Europe 13% Retail Real Estate 2.9 43% Latin America Europe Canada Total² 8.8 57% Other 1% 30% 9% Hospitality and Leisure Total Loans $630.5B Energy - E&P and Oilfield Services: 1.1% Real Estate Office $B %IG $4.6B Hotels 3.6 17% = (0.7% of total loans) 18% C&CA Cruise Lines 0.3 0% and Retail: 1.4% 29% Transportation - Air U.S. 4% Gaming 0.7 0% Travel: 0.4% 9% Latin America Total² 4.6 13% Hospitality and Mexico Leisure: 0.7% Mexico Canada Transportation: 16% Latin America 8% Air Travel 6% $B %IG Total COVID-19 High Impact: 3.6% C&CA 8% $2.2B Aircraft Finance 0.7 98% (0.4% of total loans) Airlines 0.3 4% 47% 15% Other Airports 1.2 48% Europe Total² $2.2 59% 46 1 Sectors which have experienced the greatest disruption in normal business activities and impact to revenue due to the COVID-19 pandemic (including, but not limited to, government-mandated closures) relative to other sectors 2 May not add due to rounding

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