International Banking Performance Overview

Global Wealth Management Global Wealth Management is focused on delivering comprehensive wealth management advice and solutions to clients across Scotiabank's footprint Business Overview Financial Results AUA AUM Employees¹ $503B $293B ~7,200 $MM, except AUM/AUA Reported Q3/20 Y/Y Q/Q Net Income³ $321 +6% +6% Return on Equity 1,2 14.3% Operating Leverage 1,2 3.0% Countries¹ Pre-Tax, Pre Provision Profit $435 +5% +6% 14 Revenue $1,135 +1% 2,3 Adjusted Net income ²,³ ($MM) and ROE² (%) Expenses $700 (3%) (2%) PCLS $1 N/A N/A 13.5% 13.6% 13.7% 13.8% 14.3% Productivity Ratio 61.7% (170 bps) (170 bps) 332 312 314 318 314 AUM ($B) $293 (1%) +6% 1 332 311 312 318 314 AUA($B) $503 +2% +5% Q3/19 Q4/19 Q1/20 Q2/20 Q3/20 Adjusted² Ex. Divested Ops Medium-Term Financial Objectives ■Divested Ops Net Income³ $332 +6% +6% Pre-Tax, Pre Provision Profit $450 +5% +5% Target4 Earnings Growth 8%+ Productivity Ratio <65% Expenses PCLS $685 (3%) (2%) $1 N/A N/A Productivity Ratio 60.3% (190 bps) (160 bps) Operating Leverage Positive 1Figures as of July 31, 2020 or for the 3 months ended July 31, 2020; 2 Adjusted for Acquisition-related costs and impact of additional pessimistic scenario; 3 Attributable to equity holders of the Bank 43-5 year target from 2020 Investor Day 34

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