Ms. Shanaz Hack reports

SCOTIABANK DIGITAL BANKING UPDATE: NEW TOOLS TO MAKE EVERYDAY BANKING FASTER, SIMPLER AND MORE SECURE

Bank of Nova Scotia's latest suite of digital banking updates includes key enhancements to the mobile banking app, providing clients with an even more seamless digital experience. This includes:

• More ways to pay and plan ahead: The Scotia app makes everyday banking easier with its new digital bill payment receipts. This feature allows clients to view, download and share digital receipts for bill payments, including key details such as the payment amount, payee, date and confirmation number.
• Faster access to new credit cards: Eligible clients can get faster and easier access to their Visa credit card in the Scotia app. Once approved, they can add it directly to their mobile wallet and start using it right away, without waiting for a physical card to arrive.
• Access to exclusive benefits and offers, including fuel savings at Shell with Scene+: Clients can explore valuable benefits and offers like the newly expanded Scene+ program in the Scotia app. Scotiabank clients can link their eligible credit or debit card to their Shell Go+ account to take advantage of up to 10 cents per litre of value at participating Shell stations across Canada.
• Enhanced safety features: Enhanced in-app push notifications make it easier and faster for clients to sign in to the Scotia app using two-step verification. Clients can also report suspected fraudulent transactions directly through the app, with added transaction details -- including merchant names, locations and time-stamps -- to help them spot and address potential fraud more quickly.

These enhancements reflect Scotiabank's continued focus on delivering secure, seamless and client-first digital banking experiences.

Scotiabank is also using artificial intelligence to make everyday banking more intuitive for clients. Its patented Predictive UX feature helps clients stay on top of routine banking tasks through timely prompts for coming bill payments, routine e-mail money transfers and account-to-account transactions. The new feature reflects the bank's wider ambition, enabled by its centralized approach to data and AI, Scotia intelligence, to bring more intelligent capabilities to how it operates and serves clients.

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," it 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 April 30, 2026), Scotiabank is one of the largest banks in North America by assets, and trades on the Toronto Stock Exchange and New York Stock Exchange.