Scotiabank Mexico Business Overview

Business Lines (Q3/22 FYTD Reported Results) Activity Business Line Products NIAEH¹ ($MM) Personal & Commercial Banking Wealth Management Canadian Banking Mortgages • Auto Loans • Commercial Loans • Personal Loans International Banking Mortgages Auto Loans Commercial Loans • Personal Loans Credit Cards Global Wealth Management Asset Management • Private Banking . Private Investment Counsel Brokerage Trust Capital Markets Global Banking and Markets Corporate Banking Advisory Equities Fixed Income • Foreign Exchange Commodities $1,427 . Credit Cards $3,593 $1,775 $1,195 % All-Bank¹ 45% 22% 15% 18% % Target 35-40% 25-30% ~15% 15-20% Productivity 44.9% 53.3% 60.1% 51.8% Ratio 1,2 ROE 1,2 26.8% 12.8% 16.7% 14.6% Total Assets³ ($B) $424.1 $203.0 $32.4 $439.6 Employees4 18,861 42,143 7,932 2,205 1 For the 9 months ended July 31, 2022; 2 Refer to page 51 of the Management's Discussion & Analysis in the Bank's Third Quarter 2022 Report to Shareholders, available on http://www.sedar.com, for an explanation of the composition of the measure. Such explanation is incorporated by reference hereto; ³Average balance for the 9 months ended July 31, 2022; 4 As of July 31, 2022 7

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