Bank Nova Scotia SEC Filings

The Bank of Nova Scotia is offering unsecured Autocallable Contingent Coupon Trigger Notes linked to the VanEck Semiconductor ETF (SMH), maturing in March 2027. The notes pay a quarterly contingent coupon of at least $25.625 per $1,000 (at least 2.5625% per quarter, up to at least 10.25% per annum) only when SMH’s closing price on an observation date is at or above 70% of its initial price.

The notes can be automatically called on observation dates from June to December 2026 if SMH is at or above its initial price, in which case investors receive $1,000 per note plus the applicable coupon and the notes terminate. If not called and the final price is at least 70% of the initial price, investors receive $1,000 plus a final coupon; if the final price is below 70%, repayment is $1,000 plus $1,000 times the reference asset return, causing a 1% loss for every 1% SMH falls from its initial level and up to a complete loss of principal. The initial estimated value is expected between $925 and $965 per $1,000, the notes are not insured, will not be listed, and all payments depend on Bank of Nova Scotia’s credit.

The Bank of Nova Scotia is offering primary autocallable contingent coupon trigger notes linked to the shares of the VanEck Semiconductor ETF, expected to mature on March 24, 2027. These are unsecured, unsubordinated obligations of the bank.

Investors may receive quarterly contingent coupons of at least $31.25 per $1,000 (3.125% per quarter, up to at least 12.50% per year) only when the ETF’s closing price on an observation date is at or above 70.00% of its initial price. The notes can be automatically called starting in June 2026 if the ETF is at or above its initial price, in which case investors receive $1,000 plus the due coupon. If the notes are not called and the final ETF price is below 70.00% of the initial level, repayment of principal is reduced one-for-one with the ETF’s decline, up to a total loss. The initial estimated value is expected to be between $925.00 and $965.00 per $1,000, the notes will not be listed on an exchange, and all payments depend on the creditworthiness of The Bank of Nova Scotia.

The Bank of Nova Scotia is offering $11,328,700 of Trigger Autocallable GEARS, senior unsecured notes linked to an equally weighted basket of 34 large-cap equities such as Apple, Microsoft, NVIDIA and Amazon, maturing on November 29, 2030.

Each Security has a $10 principal amount, with a minimum investment of $1,000. The notes do not pay interest. If on the December 2, 2026 observation date the basket level is at or above the autocall barrier of 100% of the initial basket level, the notes are automatically called and pay a fixed 12.00% call return ($11.20 per Security), with no further payments.

If not called, at maturity investors receive: geared upside of 1.50x any positive basket return; a full principal return if the final basket level is at or above the 75.00% downside threshold; or a loss matching the basket’s negative return if the final level is below the threshold, up to a 100% loss of principal.

The initial estimated value is $9.67 per $10 Security, below the issue price, reflecting selling, structuring and hedging costs. The notes are not insured by CDIC or FDIC, are not bail-inable, will not be listed on an exchange, and all payments depend on BNS’s creditworthiness.

The Bank of Nova Scotia is offering $23,129,220 of Trigger Autocallable GEARS, senior unsecured notes linked to the Russell 2000 Index, maturing on November 27, 2030. Each Security has a $10 principal amount and does not pay interest.

The notes may be automatically called on December 2, 2026 if the index is at or above the initial level of 2,465.979. In that case, holders receive the call price of $11.20 per Security, reflecting a 12.00% call return, and the investment ends.

If not called, at maturity investors receive $10 plus any positive index return multiplied by 1.45. If the final index level is at or above the 75.00% downside threshold of 1,849.484 and the return is zero or negative, principal is repaid. If the final level is below the downside threshold, repayment is reduced one-for-one with the index loss, and the entire principal can be lost.

The Securities are subject to BNS credit risk, will not be listed on an exchange, and may have limited liquidity. The initial estimated value is $9.67 per $10 Security, below the issue price, reflecting structuring, distribution and hedging costs. Underwriting discounts total $578,230.50, with net proceeds to BNS of $22,550,989.50.

The Bank of Nova Scotia is offering $1,107,000 of Capped Barrier Return Enhanced Notes linked to the Russell 2000 Index, maturing on December 31, 2026. Each Note has a $1,000 principal amount and provides 200% participation in any positive index performance, capped at a 16.60% maximum return, so the most an investor can receive at maturity is $1,166 per $1,000 Note.

If the final index level is at or below the initial level but at or above the barrier of 2,096.082 (85% of the initial value of 2,465.979), investors receive back their principal. If the final level falls below the barrier, repayment is reduced one-for-one with index losses and investors can lose up to 100% of principal.

The Notes pay no interest or coupons, are unsecured and unsubordinated obligations of the Bank, and are not insured by CDIC or FDIC. They will not be listed on any exchange. The initial estimated value is $974.26 per $1,000, below the issue price, reflecting structuring, hedging and distribution costs, including a 2.00% underwriting commission.

The Bank of Nova Scotia is issuing Trigger Autocallable GEARS, senior unsecured notes linked to the TOPIX index, in a $6,742,760 offering at $10 per Security. The notes run for about five years and may be automatically called after roughly one year if TOPIX on the observation date is at or above the initial level of 3,290.89, paying a call price of $11.50 per Security based on a 15.00% call return rate.

If not called and TOPIX finishes above its initial level, investors receive the principal plus the index gain multiplied by 2.25x upside gearing. If TOPIX is flat or down but at or above the downside threshold of 2,468.17 (75.00% of the initial level), principal is repaid. If TOPIX ends below that threshold, repayment is reduced one-for-one with the index loss, up to a total loss of principal.

The Securities pay no interest, do not provide dividends, are not listed, and have limited expected liquidity. They are senior unsecured debt of BNS, not insured by CDIC or FDIC, and all payments depend on BNS’s credit. The initial estimated value is $9.45 per $10 Security, below the issue price, reflecting structuring, distribution and hedging costs.

The Bank of Nova Scotia is offering Contingent Income Auto-Callable Securities, senior unsecured notes linked to Eli Lilly common stock, maturing on or about December 8, 2028. Each $1,000 security can pay a contingent quarterly coupon of $27.125, equivalent to 10.85% per annum, for any determination date when Eli Lilly’s closing price is at least 65% of the initial share price.

If on any non-final observation date Eli Lilly closes at or above 100% of the initial share price, the notes are automatically called and pay back the $1,000 principal plus that period’s coupon, with no further payments. If held to maturity and the final share price is below 65% of the initial share price, repayment of principal is reduced 1-to-1 with the stock’s decline and may be zero, so investors can lose their entire investment.

Holders forgo dividends and any upside beyond received coupons, face full credit risk of BNS, and the securities will not be listed, so liquidity may be limited. The estimated value on the pricing date is expected to be between $935.06 and $965.06 per $1,000 note, less than the issue price.

The Bank of Nova Scotia (BNS) is offering principal-at-risk, senior unsecured Contingent Income Auto-Callable Securities linked to the common stock of Broadcom Inc. (AVGO), maturing on or about December 8, 2028.

Investors may receive a contingent quarterly coupon of $34.30 per $1,000 note (equivalent to 13.72% per annum) for each determination date on which Broadcom’s closing price is at least 50% of the initial share price, supported by a “memory” feature that can pay previously missed coupons when the condition is later met. The notes are automatically called if, on any non-final determination date, Broadcom’s price is at least 100% of the initial share price, returning principal plus the due coupon and any unpaid coupons.

If the notes are not called and Broadcom’s final share price is below 50% of the initial share price, repayment at maturity is reduced 1-for-1 with Broadcom’s decline and can fall below 50% of principal, down to zero. Investors do not participate in any stock upside, forgo dividends, face limited liquidity, and are fully exposed to BNS credit risk. The estimated value on the pricing date is expected to range from $934.31 to $964.31 per $1,000 issue price.

The Bank of Nova Scotia is offering $7,628,000 of Trigger Autocallable Contingent Yield Notes linked to the least performing of the Russell 2000® Index and the EURO STOXX 50® Index, maturing on November 27, 2030. The notes pay a contingent coupon at an annual rate of 8.03% (about $0.2008 per $10 note per period) only when on an observation date each index is at or above its coupon barrier, set at 70% of its initial level.

The notes may be automatically called quarterly after six months if both indices are at or above their initial levels, in which case investors receive principal plus the applicable coupon and the investment ends. If not called and, at maturity, both indices are at or above their downside thresholds (60% of initial levels), principal is repaid; otherwise, principal is reduced in line with the loss of the worst-performing index, up to a total loss. The initial estimated value is $9.52 per $10 note, the notes are unsecured, not listed, and all payments depend on BNS’s credit.