Digital Progress: Canada

Why Invest in Scotiabank? Leading bank in the Americas Diversified exposure to high quality growth markets , Increasing scale and market share in core markets • Strong risk culture: solid credit quality, well provisioned * Acceleration in Digital Banking • Six core markets: Canada, US, Mexico, Chile, Peru and Colombia • ~97% of FY23 YTD earnings from the Americas • • Only universal bank with full presence in all Pacific Alliance countries • • Unique Americas footprint provides diversified exposure to higher growth, high ROE banking markets 230 million people in the Pacific Alliance countries comprise the 6th largest economy in the world Competitive scale and increasing market share in core markets Competitive advantages in technology, risk management and cross- border solutions versus competitors Strong Canadian risk management culture with strong capabilities in AML and cybersecurity • Focus on secured and investment-grade lending • $5.9 billion in allowances for credit losses as of Q2/23 • Increased Digital Adoption to 60% in Q2/23 (up 200 bps Y/Y) • Launched Scotia Smart Investor, an all-new platform that aligns solutions to customer goals by blending Al-powered recommendations and personalized advice in real-time Named "Digital Bank of the Year for Latin America and the Caribbean" by Latin Finance's 2022 Banks of the Year Awards Launched Scotia TranXact, a new digital payments platform to provide business banking clients with real-time payment services and cash management APIs 7

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