Mr. Rovzar is Executive Partner in charge of the Latin America practice of White & Case LLP, a global law firm. He has a J.D. from the National University of Mexico. He is authorized to practice law in Mexico.

Mr. Rovzar sits on the boards of several companies, including: Fomento Económico Mexicano, S.A. (FEMSA), Coca-Cola Femsa, S.A.(KOF) and Grupo BIMBO, S.A. He is also a member of the advisory board of Grupo ACIR Comunicaciones, S.A. de C.V. and is a director of Compañía Occidential Mexicana, S.A.

Mr. Rovzar devotes substantial time to philanthropic activities in Mexico and abroad. He is an active board member of Procura, A.C., Appleseeds, Reintegra, A.C., ProVivah, Endeavor Mexico, the U.S-Mexico Chamber of Commerce, the Society of the Americas in New York, and Patronato del Instituto Nacional de Pediatría. Mr. Rovzar chairs the Board of the Philharmonic Orchestra of the Americas, is a member of the Board of International Overseers of Tufts University, the Center on Philanthropy of Indiana University and the Mexican Mediation Institute, among other professional organizations. Mr. Rovzar did not serve as a director of any other publicly-traded companies during the period from 2003 to 2007.

Areas of Expertise:

• Law
• International Business

Scotiabank Board Details:

• Director since December 31, 2005
• Member of: Corporate Governance and Pension Committee and Audit and Conduct Review Committee
• Has until Fiscal 2013 to meet the Share Ownership Guidelines
• Independent
• Latest Retirement Date: ineligible for re-election in March 2022