Investor Presentaiton

Environmental, Social & Governance (ESG) Highlights from 2019/2020 E Environmental TRUST S Social G Governance Committed to mobilize $100 billion by 2025 to reduce the impacts of climate change Issued USD$500 million Green Bond. Proceeds fund assets under the Scotiabank Green Bond Framework, including clean transportation and green buildings Launched Sustainable Finance Group within the Global Banking and Markets (GBM) division Achieved 17% greenhouse gas (GHG) reduction from a 2016 baseline, achieving our 10% target two years early; set new target of 25% by 2025 Increased internal price on carbon from $15 to $30/tonne for investments in GHG reduction initiatives; will rise to $60/tonne by 2022 Implemented a Climate Change Risk Assessment tool in corporate & commercial lending to assess clients' physical & transition climate risks • We are here for every future COVID-19 response includes various relief measures for customers, added personal days and wellness expense allocations for employees, and a commitment of $15 million to support communities most at-risk, including our partner programs and our ongoing support of hospitals and healthcare professionals Nearly $100 million invested globally in communities where we operate as part of our global philanthropy program $3 billion in funding committed over the first three years of The Scotiabank Women Initiative™ to advance women-led businesses in Canada Signed the UN Women's Empowerment Principles and UN LGBTI Codes for Business Conduct $250 million committed over 10 years to help employees adapt to the digital economy • • CEO signed the BlackNorth Initiative CEO Pledge and was named to the Board of Directors Top 1% of global financial institutions for Corporate Governance in Dow Jones Sustainability Index 38% of our directors are female. We first established a Board diversity policy in 2013 Appointed third independent Chairman in 2019. Separate CEO and Chairman roles since 2004 Dedicated significant Board time to cybersecurity, anti-money laundering, conduct and culture issues, keeping the Bank safe Named Best Bank in North America for Innovation in Digital Banking by The Banker Magazine 22 22

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