Mr. Aris Bogdaneris reports

SCOTIABANK ANNOUNCES PRESIDENT, QUEBEC JEAN-FRANCOIS COURVILLE TO JOIN THE BANK ON NOVEMBER 12

Bank of Nova Scotia has appointed Jean-Francois Courville to the newly created role of president, Quebec, reporting directly to Aris Bogdaneris, group head, Canadian banking. This critical role is designed to support the bank's "Grow Quebec" strategy, including opportunities that span all of its Canadian banking, global wealth management, and global banking and markets businesses.

"With wide-ranging financial services experience at top tier wealth and asset management, retail banking and capital markets firms, deep knowledge of the business landscape in Quebec, Canada and globally and a track record of client focus, J-F Courville is uniquely positioned to support our Grow Quebec strategy across all of our Canadian business lines," said Mr. Bogdaneris, group head, Canadian banking, at Scotiabank. "J-F will lead our Quebec-based executive leaders in identifying key business growth opportunities, levering established client relationships and building new relationships across the Quebec region."

J-F joins Scotiabank from Purpose Unlimited, a Canadian financial services and technology company, where he has been serving as president and chief client officer. Previously, he held senior executive roles at Wealthsimple and RBC Wealth Management, and he led Manulife Asset Management globally as well as State Street Corp.'s Canadian business. Originally from Montreal, J-F graduated from McGill University and began his career in financial trading and sales at National Bank of Canada.

About Bank of Nova Scotia

Scotiabank's vision is to be every client's most trusted financial partner, to deliver sustainable, profitable growth and maximize total shareholder return. It has assets of approximately $1.4-trillion (as at July 31, 2024).