International Banking Performance Overview

Mexican Economy Diverse economy • The Mexican economy reflects a solid mix of commodities, goods production, and services Trade remains dominated by the U.S., but Mexico's diversification agenda is underpinned by 13 free-trade agreements with 47 countries that account for 40% of global GDP and include all G7 countries GDP Forecast 2020: -9.1% GDP Forecast 2021: +3.0% Contributions to Mexican GDP Growth y/y % change 16.3% Finance, Insurance, & Real Estate 16.0% Other 3.3% Natural Resources 6.5% Transportation & Warehousing 5.9% Health & Education MEXICAN GDP BY INDUSTRY* (Q1 2020) 17.4% Wholesale & Retail Trade 15.7% Manufacturing 6.4% Mining and Oil & Gas Extraction 6.5% Construction 1.9%/ Professional, Scientific, & Technical Services 4.1% Public Administration * Q2-2020 real GDP growth -18.9% y/y. Industry GDP breakdown not yet available for Q2-2020. Top 5 Trading Partners* 1 -4 65432-07 2 3 4 5 -1 -2 -3 Other* Investment -5 17 Real GDP 18 Net Exports Government *Statistical discrepancy, subject to revision. Sources: Scotiabank Economics, Haver Analytics. 19 Inventories Consumption 20 Germany 3% South Korea 3%| Canada 4% China 10% Others 21% United States 60% * Trade data updated as of Q1-2020 58

View entire presentation