Scotiabank Risk Overview

ESG Spotlight - Retail Banking Housing 1 Green Vehicles ESG Investing Focus Areas Leadership in ESG Education Leadership in ESG Funds Leadership in EV Incentives Leadership in EV Financing Leadership in Indigenous Financial Services Leadership in Newcomers Banking • . Recent Achievements Introduced Canada's first sustainable investing tools through Scotiabank's iTrade in 2017. Over 20,000 users interacted with the sustainable investing tool in 2020 Published Scotia Global Asset Management's inaugural Stewardship and Responsible Investment Report on February 23, 2022 Introduced the Dynamic Active Sustainable Solutions, including the newly launched Dynamic Sustainable Equity Fund and re-branded Dynamic Sustainable Credit Fund Launched Scotia SRI ETFs in January with Tangerine as the key initial distribution partner (suite of 4 ETFs) FYTD as of January 2023, EV loans represented 13.2% of our total Auto bookings and were 16.4% of the total amount financed; in comparison, EV represented 7.7% of our total Auto bookings and 9.1% of the total amount financed throughout all FY2022 Scotiabank's booking growth for electric vehicles (units) was 102% Y/Y FYTD as of January 2023, compared to the Y/Y growth of 32% in the same period in FY2022 We have an exclusive relationship with Polestar and Rivian as well as a semi-exclusive relationship with Tesla All our automotive manufacturer partners have and will continue to be introducing EV vehicles in the months and years ahead Scotiabank's Indigenous Financial Services team is Indigenous-led and comprised of experts in land development both on and off reserve, with vast experience in residential developments and conveyancing The First Nations Leasehold Financing program provides financing options for leasehold interests on First Nations land being developed with residential housing Scotiabank's StartRight® program addresses the unique banking needs of newcomers in Canada The Scotiabank Start RightⓇ permanent resident mortgage program and the Scotiabank StartRightⓇ temporary resident mortgage program help facilitate newcomers' financing of home purchases 19

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