Ms. Carina Ruas reports

SCOTIABANK DECREASES PRIME LENDING RATE

Bank of Nova Scotia (Scotiabank) has decreased its Canadian-dollar prime lending rate to 5.95 from 6.45, effective Oct. 24, 2024.

About Bank of Nova Scotia

Scotiabank's vision is to be its clients' most trusted financial partner, to deliver sustainable, profitable growth and maximize total shareholder return. Guided by its purpose, "for every future," Scotiabank 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 $1.4-trillion (as at July 31, 2024), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and the New York Stock Exchange (NYSE: BNS).