1、2 0 2 3 A N N U A L R E P O R T Whats inside 1 CEOs Message to Shareholders 9 Chairs Message to Shareholders 10 Our Leadership Team 11 Board of Directors 12 Environmental,Social,and Governance(ESG)15 Managements Discussion and Analysis Highlights139 Consolidated Financial Statements A LEADING BANKIN

2、 THE AMERICAS WHO WE ARE Guided by our purpose for every future we help our customers,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 ba

3、nking,and capital markets.REASONS TO INVEST A leading bank in the Americas with approximately 90%of earnings from six diversified markets of Canada,the United States,and the Pacific Alliance Mexico,Peru,Chile,and Colombia Diversified exposure to high quality growth banking markets and strong ROE pot

4、ential Strong balance sheet,capital,and liquidity ratios supported by prudent risk management culture Attractive dividend with a 20-year CAGR of 8.4%Investment in technology to support digital banking strategy to increase digital sales and adoption RESULTS SNAPSHOT Adjusted 5Y CAGR=-2%Reported 5Y CA

5、GR=-3%10 8 6 4 2 0 1920212223 Adjusted Reported EARNINGS PER SHARE Diluted,dollars per share Adjusted Reported$6.54$5.78 DIVIDEND Dollars per share$4.18 4.5 4.0 3.5 5Y CAGR=5%3.0 2.5 19 20 21 22 23 STRONG CAPITAL POSITION CET1 Capital Ratio%11.1 11.8 12.3 11.5 1920 21 2223 013.0“”MESSAGE FROM THE CE

6、O MESSAGETO OUR SHAREHOLDERS Scott Thomson President and Chief Executive Officer Fellow shareholders,It is an honour to write to you today as I reflect on my first year as President and CEO of Scotiabank.Since my first day in this role,I have been impressed by the many great qualities of our Bank,an