⁶ To qualify for the interest rate bonus offer (the “Offer”) you must:

1. Open a new Right Size Savings for business Account (the “Account”) between September 21^st, 2026, and October 31^st, 2026, and

2. Deposit and/or maintain a minimum daily balance of CAD$10,000 in the Account on a monthly basis. 
    

Funds in your Account will earn an interest rate bonus of 1.85% (the “Bonus Rate”) (up to a maximum balance of CAD$2,000,000) for 2 calendar months commencing within 2 business days after we receive this Offer Letter accepted by you (“Bonus Rate Period”). Bonus Rate interest is calculated daily and paid monthly. During the Bonus Rate Period, regular interest will also continue to be applied and will be calculated on a progressive tiered basis with higher rates for higher balances based on the daily closing credit balance (up to a maximum balance of CAD$2,000,000) and paid monthly. A minimum daily balance of CAD$10,000 is required for the Account for any interest to be applied.

Upon the conclusion of the Bonus Rate Period, without notice, the Bonus Rate will no longer be applied, and your Account will revert to the then current posted tier interest rate applicable to your Account. All rates are annual and are subject to change. Visit https://www.scotiabank.com/ca/en/business-banking/rates-prices/interest-bearing-account-rates.html for current tiered interest rates. The Account must be open and in good standing in order to receive any interest calculated at the Bonus Rate. All other terms and conditions of the Right Size Savings for business Account continue to apply; refer to https://www.scotiabank.com/content/dam/scotiabank/refresh/documents/bank-accounts/english/fees_interest_schedules.pdf for details, including calculation of interest.

This Offer is available to Business Banking customers who meet all Offer conditions, excluding the following:

• Employees of Scotiabank

• Commercial Banking customers

The Offer is non-transferable and may not be duplicated. Limit of one (1) Offer per customer, regardless of the number of Accounts opened. If more than one (1) Account is opened, only the first Account opened will be eligible for the Bonus Rate. All rates, fees, features, and benefits are subject to change. The Offer may be changed, cancelled, or extended at any time without notice and cannot be combined with any other offers.