Investor Presentaiton

Leading Bank in the Americas¹ Core markets: Canada, US, Mexico, Colombia, Peru and Chile 7th largest bank by assets¹ 9th largest bank by market capitalization¹ Canada (AAA) Full-Service, Universal Bank Scotiabank³ Revenue Change FY2019 FY19/FY18 $31.2B +8% Net Income $9.4B +3% #3 Bank Canada Mexico Return on Equity 13.9% -100 bps Peru Operating Leverage4 -0.6% n.a. United States Chile Colombia Productivity Ratio 52.7% +100 bps (AA+) Caribbean Top 15 FBO Total Assets $1.1T +9% Uruguay Colombia (BBB-) Mexico (BBB+) #6 Bank #6 Bank USA Peru (BBB+) #3 Bank 2018 Bank of the Year Latin America and the Caribbean by Latin Finance Chile (A+) #3 Bank Ranking by Market Share5 Wholesale Operations Canada #3 USMCA USA Top 15 Foreign Bank UK Mexico #6 Singapore Peru #3 Australia PAC Ireland Hong Kong SAR Chile Colombia #3 #6 China Brazil South Korea Malaysia Earnings by Market3,6 Other C&CA India Japan 8% 5% PAC 23% 1 Source: Bloomberg November 20, 2019; 2 By assets and market capitalization; 3 Adjusted for Acquisition and divestiture-related amounts, including Day 1 PCL on acquired performing loans, integration and amortization costs related to current acquisitions, amortization of intangibles related to current and past acquisitions and losses/(gains) on divestitures and related costs; 4 Exclude the pension revaluation benefit gain of $203MM pre-tax, $150MM after-tax in Q1/18; 5 Ranking based on market share in loans as of September 2019 for PACs (incl. M&A), as of July 2019 in Canada for publically traded banks; 6 Adjusted net income attributable to equity holders of the Bank for the twelve months ended October 31, 2019 Americas (~90%) 55% Canada 9% U.S.A 5

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