Investor Presentation

Scotiabank in Colombia Business Overview1 Customers² ~2.8MM Employees² Corporate/ ~5,900 Commercial Residential Mortgages 26.5% 19% Branches² 132 Average Loans $12B 49% Loans $12.1B 18% Personal Loans Average Deposits $10B 14% Total NIAT (after NCI)³,4 $65MM Credit Cards ROE³,4 4.7% Retail 37% 63% Loans Productivity3,4 65.8% Secured Unsecured PTPP1,7 587 470 -6% CAGR 418 393 Market Position by Loans 5,6 16.5% 11.8% 10.6% 6.2% 5.4% 4.1% BBVA 1 Bancolombia Davivienda Bogotá BBVA Occidente Scotiabank Colpatria Popular Productivity Ratio4 54.6% 2019 2020 2021 2018 All figures including Wealth Management 1 On a constant dollar basis 2Including subsidiaries 3LTM Q2/22 4 Refer to non-GAAP measures on page 4 of the Management's Discussion & Analysis in the Bank's Second Quarter 2022 Report to Shareholders, available on http://www.sedar.com 5 Market share as of January 2022 6 Members of AVAL Group: Banco de Bogotá, Banco de Occidente, Banco Popular and Banco AV Villas 7 Pre-Tax, Pre-Provision Profit defined as revenues less expenses 56.7% Operating Leverage4 64.5% 63.5% -3.1% -4.7% -10.6% 1.3% 2018 2019 2020 2021 2018 2019 2020 2021 32 32

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