Canadian Banking and Mortgage Portfolio Overview

Scotiabank in Colombia Including all Business Segments Footprint Customers Employees Branches1 26.0% 3.1 million ~9,000 188 Balance and Market Position Loan Market Average Loans Average Share4 Deposits 5.9% $12 $10 billion billion Market Position by Loans4 16.0% 12.2% 10.4% 5.9% 5.9% 4.3% Financial Total NIAT 2,6 ROE 3 Performance Productivity³ > BBVA $121 Bancolombia Davivienda Bogotá 5 BBVA 8.1% 56.7% Occidente Scotiabank Corpbanca Colpatria million 73 38 2016 All figures in CAD$ Constant currency 1 As of November 2019 2017 NIAT6 Productivity Ratio +53% CAGR 54.5% 139 52.6% 53.4% 50.3% 85 2018 2019 2 Adjusted; for the LTM ended January 31, 2020 not adjusted for currency Operating Leverage 1.6% -1.8% -2.4% -6.4% 2016 2017 2018 2019 2016 2017 2018 2019 3 Adjusted; for the LTM ended January 31, 2020 4 Market share as of November 2019 5 Members of AVAL Group: Banco de Bogotá, Banco de Occidente, Banco Popular and Banco AV Villas. AVAL is 2nd in market share in terms of Loans (25%) and 1st in Deposits (27%) 6 After NCI on an adjusted basis 40 40

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