Form 4 Filing: Bank of Nova Scotia Disposes of 220,354 KeyCorp Common Shares

On May 19, 2026, Bank of Nova Scotia, a ten percent owner and director-by-deputization, disposed of 220,354 common shares of KeyCorp in a transaction with a price of $21.14 per share. This disposition was made pursuant to an Investment Agreement dated August 12, 2024, which allows for pro rata participation in issuer repurchases under certain circumstances. Following this transaction, Bank of Nova Scotia holds 158,886,566 shares of KeyCorp. The filing also notes that Bank of Nova Scotia may be considered a director-by-deputization due to its contractual right to nominate directors to KeyCorp's board.