ANTIGUA, West Indies, September 1, 2021 – Scotiabank announced today that it has completed the previously announced sale of its banking operations in Antigua and Barbuda to the Eastern Caribbean Amalgamated Bank Limited (“ECAB”).

ECAB is a full-service commercial bank located in Antigua and Barbuda that is committed to growing its business and providing high quality products and services to all stakeholders. ECAB offers personal and commercial banking products and services including deposits, loans, cards, foreign exchange and other services to individual and business clients in Antigua and Barbuda and across the Caribbean.

About Scotiabank

Scotiabank is a leading bank in the Americas. 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 banking, and capital markets. With a team of over 90,000 employees and assets of approximately $1.2 trillion (as at July 31, 2021), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit http://www.scotiabank.com and follow us on Twitter @ScotiabankViews.

Media contacts:
Laura Mergelas
Global Communications, Scotiabank
laura.mergelas@scotiabank.com
(437) 244-7863

Yanique Forbes-Patrick
Public Affairs and Communications Director, Scotiabank, Eastern Caribbean Region
Yanique.forbes-patrick@scotiabank.com
(876) 932-0414

Investor Contact:
John McCartney
Investor Relations, Scotiabank
john.mccartney@scotiabank.com