SGJ Announces Appointment of Directors

SCOTIA GROUP JAMAICA LIMITED Exe cutive Offices Scotiabank Centre Duke & Port R oyal Streets P.O. Box 709, Kingston Jamaica, W.I. Telephone: 1 (876) 922 - 1000 June 12, 2026 Mr. Livingstone Morrison, OD Chief Executive Officer Jamaica Stock Exchange 40 Harbour Street Kingston Dear Mr. Morrison, Re: Announcement of Appointments to the Board of Directors of Scotia Group Jamaica Limited and its Subsidiaries We are pleased to announce the appointment of the following persons to the Board of Directors of the following Scotia Group Jamaica Limited entities: 1. The Hon. Peter Moses , OJ , to the Board of Directors of Scotia Group Jamaica Limited and its Risk Committee , effective June 19, 2026, subject to Bank of Jamaica Fit & Proper approval . 2. Jonathan Echeverria to the Board of Directors of The Bank of Nova Scotia Jamaica Limited effective March 4, 2026, subject to Bank of Jamaica Fit & Proper approval . 3. Yaniece Gentles to the Board of Directors of Scotia Jamaica Life Insurance Company Limited and its Audit & Conduct Review Committee and Investment, Loan & Risk Committee effective February 24, 2026 , subject to Financial Services Commission approval . 4. Stephanie Ewbank to the Board of Directors of Scotia General Insurance Agency Limited and its Conduct Review Committee effective February 24, 2026 , subject to Financial Services Commission approval . /2

We are confident that their collective experience and leadership capabilities will further strengthen the se Boards and support the continued growth and long - term success of Scotia Group Jamaica Limited . A profile of each Director is attached. Please call or email the undersigned if you have any questions . Yours faithfully, Maia A. Wilson Vice President, General Counsel, Company Secretary