Ms. Hannah Ward reports

SCOTIABANK PROXY CIRCULAR AND PUBLIC ACCOUNTABILITY STATEMENT NOW AVAILABLE

Bank of Nova Scotia's notice of the 194th annual and special meeting of shareholders and management proxy circular are available at the Scotiabank website.

The management proxy circular contains key information regarding the annual and special meeting of shareholders and items of business, including the election of directors, the appointment of the bank's auditor, bylaw amendments, an advisory vote on Scotiabank's approach to executive compensation and shareholder proposals.

Scotiabank's annual and special meeting of shareholders is scheduled to be held in person in Toronto, Ont., and on-line through a live webcast on Tuesday, April 14, 2026, at 9 a.m. Eastern Time. Shareholders and duly appointed proxyholders are invited to attend the meeting in person or on-line. Guests are welcome to attend the meeting on-line through the live webcast.

The bank encourages shareholders to vote in advance of the meeting by one of the methods described in the management proxy circular and their proxy form or voting instruction form.

Further details will be made available in advance of the meeting at the Scotiabank website.

Scotiabank's Canadian 2025 public accountability statement outlines the bank's contributions to Canada's economy and society. The statement is published to meet the requirements of Canada's Bank Act and is available at the Scotiabank website.

About Bank of Nova Scotia

Scotiabank's vision is to be its clients' most trusted financial partner and deliver sustainable, profitable growth. Guided by its purpose, "For every future," the bank helps its clients, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With assets of approximately $1.5-trillion (as at Jan. 31, 2026), Scotiabank is one of the largest banks in North America by assets, and trades on the Toronto Stock Exchange and the New York Stock Exchange.