Every 424B that Bank of Nova Scotia (BNS) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow BNS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BNS filings page.
The Bank of Nova Scotia priced an offering of senior, equity-linked securities with a $590,000 aggregate original offering price. The securities have a face amount of $1,000 per security, an estimated value of $940.01 per security as of the pricing date, and stated maturity of June 1, 2029. They are market-linked, auto-callable notes tied to the lowest performing of the common stocks of Advanced Micro Devices, Inc., Broadcom Inc. and Meta Platforms, Inc.
Key terms: automatic call if the lowest performing stock closes at or above 85% of its starting price on a call date; a 40% buffer before 1-to-1 downside applies; potential loss of up to 60% of the face amount at maturity if the lowest performing stock falls below its 60% threshold. Payments are subject to the Bank's credit risk.
The Bank of Nova Scotia is offering $446,000 of Autocallable Contingent Coupon Trigger Notes linked to the common stock of Best Buy Co., Inc., due July 2, 2027. The notes pay a contingent monthly coupon of $13.334 per $1,000 (1.3334% monthly; ~16.00% annualized) when the reference stock closes at or above the coupon barrier of 62.00% of the initial price. The initial price per share was $77.95 (trade date May 29, 2026), and the notes are automatically called on call observation dates (November 2026 through May 2027) if the closing price is equal to or above that initial price, in which case holders receive principal plus the contingent coupon. If not called, the maturity payoff (final valuation date June 29, 2027; maturity July 2, 2027) depends on the final closing price: if the final price is below 62.00% of the initial price, principal is reduced in direct proportion to the reference asset return and holders may lose up to 100% of principal. Payments are unsecured and subject to the Bank’s credit risk. The Bank’s initial estimated value was $986.25 per $1,000 principal amount, below the original issue price.
The Bank of Nova Scotia is offering Autocallable Trigger Notes linked to the least performing of the Nasdaq-100 and Russell 2000. The offering totals $4,867,000 in aggregate principal at a $1,000 principal amount per note. The notes mature on June 2, 2028 but can be automatically called on June 1, 2027 if both reference assets close at or above their initial levels. If automatically called, holders receive principal plus a 16.25% call premium. If not called, maturity payoffs depend on the least performing reference asset: positive returns are paid at a 250.00% participation rate, principal is returned if the least performing asset is ≥75.00% of its initial level, and losses occur proportionally below that trigger, including possible loss of principal. Payments depend on the Bank’s creditworthiness. The initial estimated value on the trade date was $969.68 per $1,000 principal.
The Bank of Nova Scotia priced a structured senior note offering: Market Linked Securities—auto-callable, leveraged upside and contingent downside linked to the lowest performing of Alphabet Class A, Microsoft and NVIDIA.
The pricing date was May 29, 2026 (issue date June 3, 2026) with an original offering price and face amount of $1,000 per security and an estimated value of $923.90 per security as of pricing. The securities pay no periodic interest, may be automatically called after ~one year (call date June 3, 2027) for a call premium of 38.00% ($380), and mature on or about June 1, 2029. If not called, maturity pay depends solely on the ending price of the lowest performing underlying stock: beneficiaries may receive up to 200% upside participation if the lowest performer finishes above its starting price, an absolute-value capped positive return (max 50%) if the lowest performer falls but stays at or above 50% of its start, or full downside exposure 50% and possibly total loss) if it finishes below 50% of its starting price. All payments are subject to the Bank’s credit risk.
The Bank of Nova Scotia is offering Buffered Index-Linked Notes linked to the S&P 500® Index with an aggregate principal amount of $936,000. The notes mature on September 2, 2027 and pay at maturity based on the S&P 500® price return measured from the trade date May 29, 2026 to the valuation date August 30, 2027. For each $1,000 principal amount, upside is capped at a $1,130.00 maximum payment (a 13.00% cap) and a 10.00% buffer applies: declines up to 10.00% produce positive payments equal to the absolute decline, while declines greater than 10.00% reduce principal (you may lose up to 90.00%). Payments are unsecured obligations of the Bank and subject to its credit risk.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Trigger Notes linked to the common stock of Salesforce, Inc. with an aggregate original issue amount of $1,798,000 and a principal amount of $1,000 per note. The notes mature on July 2, 2027 and may be automatically called on certain observation dates beginning in November 2026. The initial price per note equals principal (100.00%); the Bank’s internal estimated value at pricing was $970.30 per $1,000, reflecting underwriting commissions, structuring fees and hedging costs. Coupons of $10.834 per $1,000 are payable on a coupon date only if the reference stock’s closing price on the related observation date is at least 58.00% of the initial price; otherwise no coupon is paid. If not called and the final price is below 58.00% of the initial price, holders receive a share-delivery amount (or cash in lieu) and may lose all or substantially all principal. Payments are subject to the Bank’s credit risk.
The Bank of Nova Scotia priced a $373,000 offering of Capped Buffered Enhanced Participation Notes linked to the Russell 2000® Index. Each $1,000 note pays at maturity based on the Russell 2000® price return from the trade date May 29, 2026 to the valuation date February 29, 2028. The notes yield 150.00% participation in positive index returns up to a $1,257.50 cap per $1,000 principal and provide a 10.00% downside buffer at maturity; declines beyond the buffer expose holders to losses of up to 90.00% of principal. Payments are unsecured obligations of the Bank and depend on the Bank’s creditworthiness.
The Bank of Nova Scotia priced $2,720,000 of Buffered Enhanced Participation Notes due June 2, 2028. Each note has a $1,000 principal amount and links to the least performing of the iShares® MSCI EAFE ETF (initial level $104.80) and the EURO STOXX 50® Index (initial level 6,050.54). The notes pay no interest and provide a participation rate of 154.00% on the positive return of the least performing reference asset. A 10.00% buffer (buffer level 90.00%) protects against losses up to that threshold; if the least performing reference asset falls below 90.00% of its initial level, investors bear losses beyond the buffer (up to 90.00% of principal). Trade date was May 29, 2026, valuation date May 30, 2028 and original issue date June 3, 2026. The Bank’s initial estimated value was $955.65 per $1,000 principal, below the original issue price.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Trigger Notes linked to Meta Platforms, Inc. The notes have a $1,000 principal amount per note and aggregate original issue amount of $2,291,000, trade date May 29, 2026, original issue date June 3, 2026 and maturity July 2, 2027. The initial price of the reference asset was $632.51.
Each coupon pays $8.417 per $1,000 (0.8417% monthly) if the closing price on an observation date is at or above the coupon barrier of 65.00% of the initial price. Notes are automatically called if the reference asset’s closing price on a call observation date is at or above the initial price. If not called and the final price is below 65.00% of the initial price, holders receive the share delivery amount (calculated as $1,000 divided by the initial price) and will not receive the contingent coupon, exposing holders to substantial principal loss. Payments are subject to the Bank’s credit risk.
The Bank of Nova Scotia is offering $741,000 of capped buffered index-linked notes due December 2, 2027. Each $1,000 note links to the least performing of the Russell 2000® and the S&P 500® from the trade date May 29, 2026 to the valuation date November 29, 2027. The notes pay no interest and at maturity provide (i) participation of 120.00% in the least-performing reference asset up to a capped payout of $1,300.00 per $1,000, (ii) an absolute-return feature if the final levels remain at or above a 90.00% buffer, or (iii) downside exposure such that losses can reach up to 90.00% of principal if the least-performing reference asset falls below the buffer. Payments depend on the Bank's creditworthiness and the notes are not listed.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Trigger Notes linked to the VanEck® Semiconductor ETF with $619,000 aggregate principal. Each note has a $1,000 principal amount, an initial price of 100% and an initial price of the reference asset of $598.93 (trade date May 29, 2026). The notes mature on September 2, 2027 and may be automatically called between November 2026 and May 2027 if the reference asset’s closing price on a call observation date is equal to or greater than the initial price. Coupon payments of $37.50 per $1,000 (3.75% quarterly, up to 15.00% per annum) are payable only when the reference asset closes at or above 70.00% of the initial price on an observation date. If not called, the maturity payment depends on the final price on August 30, 2027: if the final price is below the 70.00% trigger, principal is reduced proportionally to the negative reference asset return and you may lose a substantial portion or all of your investment. Payments are obligations of the Bank and subject to its credit risk.
The Bank of Nova Scotia (BNS) is offering $41,993,000 of Contingent Income Auto-Callable Securities due June 1, 2029, linked to the common stock of Advanced Micro Devices, Inc. (AMD). Each note has a stated principal amount of $1,000 and an issue price of $1,000. The securities pay a contingent quarterly coupon of $51.80 (20.72% per annum) only when the underlying closing price on a determination date is >= the downside threshold of $258.05 (50.00% of the initial share price). If a determination date meets the call threshold of $516.10, the notes auto-redeem early for principal plus applicable coupons. If the final share price is below the downside threshold, maturity payment equals the stated principal multiplied by the share performance factor and may be less than 50% of principal, potentially zero. All payments are subject to BNS credit risk and limited secondary-market liquidity.
The Bank of Nova Scotia (BNS) offers Auto-Callable Dual Directional Buffered PLUS notes totaling $15,745,000 under its Senior Note Program, Series A. The Buffered PLUS have a June 2, 2028 maturity, 10.00% buffer, 125.00% upside leverage and an early redemption payment of $1,110.50 if auto-called on the first determination date. The issue price is $1,000.00 per note; BNS disclosed an estimated value at pricing of $965.80. All payments are unsecured and subject to BNS credit risk; the minimum payment at maturity is $100.00 (10.00% of stated principal).
The Bank of Nova Scotia (BNS) is offering Auto-Callable Dual Directional Trigger Participation Securities linked to ServiceNow, Inc. (NOW). The aggregate principal amount is $21,601,000 with a stated principal amount of $1,000 per Trigger Security and an issue price of $1,000 per Trigger Security. The notes pay no interest, are senior unsecured obligations of BNS and carry full issuer credit risk. They are auto-callable for an early redemption payment of $1,447.10 if the underlying closes at or above the initial share price on the determination date prior to the final determination date. If not redeemed, maturity payouts depend on the final share price versus the initial share price ($124.37) and a trigger price equal to 70.00% of the initial share price ($87.059). The securities may deliver a capped positive outcome (including an absolute-return feature limited to +30.00%) or expose holders to a 1:1 downside, potentially losing up to the full principal. The estimated value at pricing was $958.90 per $1,000 stated principal amount; issue proceeds net of commissions total $21,060,975.00. Terms, liquidity, taxation and calculation-agent discretion and hedging conflicts are disclosed in the pricing supplement.
The Bank of Nova Scotia (BNS) offers $4,495,000 of Auto-Callable Trigger PLUS notes linked to the Russell 2000® Index due June 5, 2028. The securities pay no periodic interest, may be automatically redeemed early for $1,141.30 per security, and are subject to BNS credit risk.
If not called early, maturity payouts depend on the final index value: a leveraged upside (125% participation) if the final index value is above the initial index value; return of principal if the final index value is between the trigger level (80% of the initial index value) and the initial index value; and a 1:1 downside exposure if the final index value is below the trigger level, which can result in substantial or total loss of principal.
The Bank of Nova Scotia (BNS) is offering Trigger Jump Securities with Auto-Callable Feature due June 3, 2031, linked to the worst performing of the MSCI® Emerging Markets, the Nasdaq-100® and TOPIX®. The offering aggregates $9,402,000 of securities at a stated principal amount of $1,000 per security and an issue price of $1,000.
These notes pay no coupons, are exposed to the credit risk of BNS, and include periodic determination dates that can trigger automatic early redemption for fixed cash payments that correspond to a 16.72% per annum return. If not redeemed early, the maturity redemption payment is $1,836.00. If the final value of the worst performing index falls below its trigger (90.00% of its initial index value), investors suffer a 1:1 loss tied to that worst performing index and could lose up to their entire investment.
The Bank of Nova Scotia is offering $58,942,000 of Contingent Income Auto-Callable Securities due June 1, 2029 linked to the common stock of Tesla, Inc.. Each note has a stated principal amount of $1,000 and a contingent quarterly coupon of $33.00 (13.20% per annum) payable only when the closing price of Tesla meets or exceeds a downside threshold equal to 50.00% of the initial share price.
The notes can be automatically redeemed early if Tesla’s closing price on a determination date is at or above the call threshold (equal to the initial share price). If the final share price is below the downside threshold, repayment at maturity will be reduced pro rata by the share performance factor and could be less than 50.00% of principal or zero. All payments are subject to BNS credit risk, and BNS’ initial estimated value per note on the pricing date was $965.90, below the issue price of $1,000.00.
The Bank of Nova Scotia priced a primary offering of Auto-Callable Dual Directional Buffered PLUS with an aggregate principal amount of $22,809,000. The notes are senior unsecured securities issued under BNS’ Senior Note Program, Series A, linked to the Nasdaq-100 Index® with a stated principal of $1,000 per Buffered PLUS and a final maturity of June 2, 2028.
The Buffered PLUS feature a 10.00% buffer, a 125.00% upside leverage factor (if not auto‑redeemed), an early redemption payment of $1,101.50 on the first determination date, an initial index value of 30,333.18 and an issuer estimated value at pricing of $965.90 versus an issue price of $1,000.00. All payments are subject to BNS credit risk and the minimum payment at maturity is $100.00 (10.00%).
The Bank of Nova Scotia is offering Digital Notes in the aggregate principal amount of $607,000 linked to the least performing of the Russell 2000® Index and the S&P 500® Index, due June 2, 2028. For each $1,000 principal amount, holders receive $1,120 at maturity if both reference assets finish at or above their initial levels measured from the May 29, 2026 trade date to the May 30, 2028 valuation date; otherwise holders receive the principal amount of $1,000. The notes pay no periodic interest, are unsecured senior obligations of the Bank, and any payment is subject to the Bank’s credit risk. The pricing shows an initial estimated value of $973.83 per $1,000 versus an original issue price of 100.00% of principal; underwriting commissions total 0.50%.
The Bank of Nova Scotia is offering senior, auto-callable, equity-index-linked notes due June 3, 2030 that pay no interest and link repayment to the lowest performing of the S&P 500, Russell 2000 and Dow Jones Industrial Average. If on any call date the lowest performing Index equals or exceeds its starting level, the notes are automatically called and pay the face amount plus a fixed call premium. If not called, maturity repayment depends on the lowest performing Index on the final calculation day; a decline below 75% of its starting level results in 1-to-1 downside and a loss greater than 25%, possibly total principal loss. All payments are subject to the Bank's credit risk; the Bank's estimated value at pricing was $964.72 per security versus the $1,000 offering price.
The Bank of Nova Scotia is offering senior, unsecured, auto-callable Market Linked Securities linked to the lowest performing of the S&P 500, Russell 2000 and Nasdaq-100. Pricing date was May 29, 2026, issue date June 3, 2026 and stated maturity June 1, 2029.
If the lowest performing Index on the call date is at or above its starting level the notes will be automatically called for the face amount plus a $120.00 call premium (12.00%). If not called, maturity pays the face amount plus the greater of a $480.00 contingent minimum return (48.00%) or 100% of the Index return if the lowest performing Index ends at or above its starting level. If the lowest performing Index falls below 70% of its starting level, holders absorb full downside and can lose more than 30%, possibly all, of principal. All payments are subject to the Bank's credit risk. The Bank's estimated value at pricing was $948.26 per security.
The Bank of Nova Scotia priced Market Linked Securities — Series A senior notes that are auto‑callable and linked to the lowest performing of Microsoft, Oracle and Tesla, maturing June 1, 2029. The offering sold $6,722,000.00 aggregate face amount at an original offering price of $1,000 per security; proceeds to the Bank were $6,548,908.50. The Bank’s estimated value at pricing was $902.64 per security. The securities (face amount $1,000) pay no interest, are senior unsecured obligations of the Bank, and are subject to automatic call if the lowest performing underlying stock closes at or above 80% of its starting price on a call date. If not called, maturity payout depends on the lowest performing stock on the final calculation day, with a capped positive payoff mechanism (maximum 50%) and full downside exposure below 50% of starting price. All payments are subject to the Bank’s credit risk.
The Bank of Nova Scotia is offering Market Index Target-Term Securities Linked to a Global Equity Index Basket due May 30, 2031. Each unit has a $10.00 principal amount, 100.00% participation up to a $18.411 capped value (an 84.11% maximum return) and a $10.00 minimum redemption amount. Payments at maturity depend on the averaged Ending Value of a Basket composed equally of the Dow Jones Industrial Average, EURO STOXX 50 and TOPIX and are subject to the issuers credit risk and the stated fees.
The public offering price is $10.00 per unit; the initial estimated value on the pricing date was $9.40 per unit. The offering includes an underwriting discount of $0.25 and a hedging-related charge of $0.05 per unit. The notes are unsecured, not FDIC- or CDIC-insured, have limited secondary market liquidity and will not be exchange-listed.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Trigger Notes linked to the VanEck ® Semiconductor ETF (SMH). Each note has a $1,000 principal amount and matures on September 2, 2027, subject to automatic early redemption on specified observation dates commencing November 2026. The initial price per share of the reference asset (the ETF) was $599.83 on the trade date. Quarterly contingent coupons equal to $32.50 per $1,000 (3.25% quarterly; up to 13.00% per annum) are payable only if the ETF closing price on an observation date is at or above the coupon barrier of 70.00% of the initial price. The notes will be automatically called if the ETF closing price on any call observation date is equal to or greater than the initial price, in which case holders receive $1,000 plus the contingent coupon then due. If not called, maturity payoffs depend on the final ETF closing price: if final price is below the trigger price (70.00% of initial), holders suffer losses equal to the reference asset return and could lose up to their entire principal. The offering aggregates $1,103,000 at original issue price; the Bank 's initial estimated value per $1,000 was $940.70, below the issue price. Payments are subject to the Bank 's creditworthiness.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Trigger Notes linked to the shares of the VanEck® Semiconductor ETF with a $1,000 principal amount per note and an expected maturity of October 4, 2027. Notes can be automatically called on observation dates beginning December 2026 through June 2027 if the reference asset closes at or above its initial price; on a call you receive $1,000 plus any contingent coupon. Contingent coupons are payable only when the reference asset equals or exceeds a coupon barrier of 70.00% of the initial price, and are calculated using a fixed amount of at least $37.50 per observation-date increment. If not called, maturity payment depends on the final price relative to the 70.00% trigger: at or above the trigger you receive principal (plus any final contingent coupon); below the trigger you receive a decline linked one-for-one to the reference asset return and may lose up to the full principal. Payments are unsecured obligations of the Bank and subject to its credit risk. The Bank’s initial estimated value is $925.00–$965.00 per $1,000 principal amount; original issue price will exceed that estimate. Purchase proceeds are for general corporate purposes.
The Bank of Nova Scotia is offering Capped Buffered Index-Linked Notes linked to the least performing of the Russell 2000® and the S&P 500®. The offering totals $1,873,000 in aggregate principal with a principal amount of $1,000 per note. The notes mature on December 2, 2027 and use a valuation date of November 29, 2027 measured from a trade date of May 28, 2026. The notes pay no interest and at maturity the cash payment per $1,000 principal is determined by the least performing reference asset return, with a 120.00% participation rate, a 10.00% buffer (90.00% buffer level), and a $1,210.00 maximum upside payment per $1,000. Investors may lose up to 90.00% of principal, and payments are subject to the Bank’s credit risk. The Bank’s initial estimated value on the trade date was $955.57 per $1,000, below the original issue price. The prospectus notes limited liquidity, fees (selling concessions and structuring fees), and potential conflicts of interest related to hedging and distribution.
The Bank of Nova Scotia is offering $8,500,000 of Autocallable Contingent Coupon Notes linked to the least performing of three reference assets: shares of the iShares MSCI EAFE ETF (EFA), the Nasdaq-100 Index (NDX) and the Russell 2000 Index (RTY). The notes have a Principal Amount of $1,000 per note, an Original Issue Date of June 1, 2026 and mature on March 2, 2028 (approximately 21 months).
The notes may be automatically called on specified Call Observation Dates if each reference asset’s Closing Value is at or above its Initial Value. If not called, Contingent Coupons of $31.40 per note (12.56% per annum) may be paid on specified observation/payment dates only when each reference asset meets its 70% Contingent Coupon Barrier Value. At maturity, repayment depends solely on the Final Value of the Least Performing Reference Asset relative to its 65% Barrier Value; you may lose up to 100% of principal. Payments are paid in cash and are subject to the Bank’s credit risk. The initial estimated value on the Trade Date was $984.46 per $1,000, below the 100% Original Issue Price.
The Bank of Nova Scotia is offering $401,000 aggregate principal amount of Capped Buffered Enhanced Participation Notes linked to the Russell 2000® Index. The notes mature on March 2, 2028 and reference the index performance from the trade date May 28, 2026 to the valuation date February 28, 2028.
For each $1,000 principal amount, the notes pay 150.00% (150.00%) of positive index returns up to a maximum payment amount of $1,215.00. Downside is buffered only at maturity by 10.00% (buffer level = 90.00% of the initial level); if the index falls more than 10.00%, the holder bears losses equal to the index decline in excess of the buffer, up to a 90.00% loss of principal. Payments are subject to the Bank's creditworthiness. The Bank's initial estimated value at pricing was $959.10 per $1,000 principal amount; original issue price was 100.00%.
The Bank of Nova Scotia (BNS) is offering 3,799,116 units of Autocallable Strategic Accelerated Redemption Securities® linked to an equally weighted basket of GS, JPM, and MS, with a $10 principal amount per unit and aggregate public offering price of $37,991,160.
The notes mature approximately three years if not called and pay no periodic interest. They are automatically called if the Basket’s Observation Level on any Observation Date meets or exceeds the Call Level (100.00), producing Call Amounts of $11.65, $13.30 or $14.95 depending on which Observation Date triggers the call. If not called, holders have 1:1 downside exposure to the Basket and may lose up to their full principal. All payments are subject to BNS’s credit risk. The initial estimated value on the pricing date was $9.24 per unit, below the public offering price, after an underwriting discount and a hedging-related charge.
The Bank of Nova Scotia is offering 2,196,368 Capped Leveraged Index Return Notes® linked to the MSCI® Emerging Markets Index with a $10 principal amount per unit. The notes mature on May 26, 2028, provide 200.00% participation up to a $13.185 capped redemption (31.85% return), include a $0.20 underwriting discount and a $0.05 hedging charge, and are unsecured obligations subject to BNS credit risk. The Starting Value was 1,724.69 and the Threshold Value is 1,552.22 (90.00% of Starting Value).
The Bank of Nova Scotia (BNS) is offering 2,534,700 units of Autocallable Strategic Accelerated Redemption Securities® linked to an equally weighted basket of Microsoft, Oracle and ServiceNow, with a $10.00 principal amount per unit and aggregate public offering price of $25,347,000. The notes may be automatically called on three annual Observation Dates and pay Call Amounts of $12.40, $14.80 or $17.20 per unit if called on the first, second or final Observation Date, respectively. If not called, maturity is approximately three years and holders are exposed 1-to-1 to declines in the Basket; the Threshold Value equals the Starting Value, so principal can be partially or fully lost. The initial estimated value on the pricing date was $9.51 per unit; the public offering price includes an underwriting discount of $0.20 and a hedging-related charge of $0.05 per unit. All payments are subject to BNS credit risk and the notes are unsecured and not FDIC/CDIC insured.
The Bank of Nova Scotia is offering $45,000 aggregate principal of Autocallable Digital Trigger Notes linked to the least performing of the Russell 2000® (initial level 2,936.570) and the S&P 500® (initial level 7,563.63). The notes mature on June 1, 2029 unless automatically called on the call observation date May 28, 2027. If automatically called, each $1,000 note pays principal plus a 9.00% call premium ($1,090 per $1,000). At maturity, payments depend on the least performing reference asset return with a threshold settlement amount of $1,400 and trigger level = 85.00% of initial levels; holders may lose up to their entire investment and payments are subject to the Bank’s credit risk.
The Bank of Nova Scotia is offering $2,511,000 in Autocallable Trigger Notes linked to the least performing of the Nasdaq-100 Index® and the Russell 2000® Index. The notes pay no interest, mature on June 2, 2028 (call observation date May 28, 2027), and are automatically called if both reference assets close at or above their initial levels on the call observation date.
If automatically called, holders receive $1,000 plus a 12.80% call premium per $1,000 principal on the call payment date. If not called, maturity payoff depends on the least performing reference asset: a positive payoff uses a 250.00% participation rate on the positive least-performing return; if the least-performing final level is below 75.00% of its initial level, holders suffer a dollar-for-dollar loss tied to that negative return. Payments are unsecured and subject to the Bank’s creditworthiness.
The Bank of Nova Scotia is offering Capped Buffered Enhanced Participation Notes linked to the MSCI EAFE® Index with a term expected to be approximately 22 to 25 months. The notes pay no interest; at maturity holders receive principal plus 160.00% participation in positive index returns subject to a capped $1,244.80–$1,288.00 maximum payment per $1,000. A buffer protects declines up to 12.50%; declines beyond that result in losses calculated at an approximate buffer rate of 114.29%, with up to 100% principal loss possible. Payments depend on the Bank’s creditworthiness and timing/valuation mechanics in the pricing supplement.
The Bank of Nova Scotia is offering 486,534 Capped Leveraged Index Return Notes® linked to the Bloomberg Commodity Index with a $10 principal per unit. The notes mature on May 26, 2028, provide 200.00% participation in upside subject to a 30.00% cap (Capped Value $13.00), and protect principal only if the Index decline is no more than 10.00% (Threshold Value 122.5770). Payments occur at maturity and are subject to BNS credit risk; the initial estimated value on the pricing date was $9.204 per unit versus a public offering price of $10.00 per unit.
The Bank of Nova Scotia (BNS) is offering 2,841,220 units of Autocallable Strategic Accelerated Redemption Securities® linked to the EURO STOXX 50® Index, each with a $10 principal amount. The notes were priced on May 28, 2026, settle on June 4, 2026, and mature on June 1, 2029
Payments depend on the Index’s closing levels on three Observation Dates (June 3, 2027; May 18, 2028; May 24, 2029). If the Index equals or exceeds the Call Level (6,055.11) on an Observation Date, the notes are automatically called for $11.25, $12.50 or $13.75 per unit depending on which Observation Date triggers the call. If not called, holders receive 1-to-1 downside exposure to the Index at maturity and may lose up to 100% of principal; all payments are subject to BNS credit risk.
The Bank of Nova Scotia is offering 4,495,967 units of Autocallable Strategic Accelerated Redemption Securities linked to the Russell 2000 Index, with a $10 principal amount per unit.
Each unit pays no periodic interest, can be automatically called on three observation dates for fixed call amounts ($11.251, $12.502, $13.753 per unit), and if not called exposes holders 1-to-1 to declines in the Index at maturity. All payments are subject to BNS credit risk; the initial estimated value on the pricing date was $9.66 per unit versus a public offering price of $10.00 per unit.
The Bank of Nova Scotia (BNS) is offering 11,749,056 Autocallable Strategic Accelerated Redemption Securities® linked to the S&P 500® Index. Each unit has a $10.00 principal amount, a pricing date of May 28, 2026, settlement on June 4, 2026, and a maturity/call schedule through May 25, 2029.
The notes will be automatically called if the Index closes at or above the Starting Value on any Observation Date (June 4, 2027, May 19, 2028, May 18, 2029). Call Amounts are $10.923, $11.846 and $12.769, respectively. If not called, holders have 1-to-1 downside exposure with up to 100.00% of principal at risk. The initial estimated value on the pricing date was $9.59, below the public offering price of $10.00 per unit; fees include an underwriting discount of $0.20 and a hedging-related charge of $0.05 per unit. Payments depend on BNS creditworthiness and there is limited secondary market liquidity.
The Bank of Nova Scotia is issuing 1,071,050 Leveraged Index Return Notes linked to the EURO STOXX 50 Index with a $10.00 principal amount per unit and a scheduled maturity of May 30, 2031. The notes offer a 197.20% Participation Rate on upside above a Threshold Value equal to the Starting Value of 6,055.11, with full downside (1-to-1) exposure to declines in the Index and up to 100.00% of principal at risk. Payments are made at maturity and are subject to BNS credit risk. The initial estimated value on the pricing date was $9.40 per unit; the public offering price is $10.00 per unit, reflecting an underwriting discount of $0.25 and a hedging-related charge of $0.05 per unit. Secondary market liquidity is expected to be limited and the notes are unsecured senior debt.
The Bank of Nova Scotia is issuing 2,006,681 units of Autocallable Strategic Accelerated Redemption Securities® linked to an international equity index basket, each with a $10.00 principal amount. The notes mature approximately three years if not automatically called and pay no periodic interest. They are automatically callable on the three Observation Dates if the Basket's Observation Level is at or above the Call Level of 100.00, producing Call Amounts of $11.08, $12.16 or $13.24 per unit depending on which Observation Date triggers the call. If not called and the Ending Value is below the Threshold/Starting Value (100.00), holders face 1-to-1 downside exposure and may lose up to 100% of principal. The public offering price is $10.00 per unit (total $20,066,810.00); proceeds to BNS before expenses are $19,665,473.80. Payments are subject to BNS credit risk; these notes are unsecured, carry limited secondary market liquidity, and have no FDIC/CDIC insurance.
The Bank of Nova Scotia is issuing Buffered Index-Linked Notes linked to the S&P 500® Index with an aggregate original principal amount of $1,983,000, trade date May 28, 2026, valuation date August 30, 2027 and maturity September 2, 2027.
The notes do not bear interest and pay at maturity based on the S&P 500® price return measured from an initial level of 7,563.63. Payments are capped at a maximum upside payment amount of $1,095.00 per $1,000 (cap = 109.50%), include a 10.00% buffer (buffer level = 90.00% of initial level), and may result in losses of up to 90.00% of principal if the final level is sufficiently low. The original issue price is 100.00% and the Bank's initial estimated value at pricing was $967.23 per $1,000.
The Bank of Nova Scotia is offering 2,714,087 Capped Leveraged Index Return Notes® linked to the Russell 2000® Index. Each unit has a $10 principal amount and a public offering price of $10.00 per unit; proceeds to BNS are $9.80 per unit before expenses. The notes mature on May 26, 2028 and provide 2-to-1 participation in positive Index performance up to a capped return of 25.93% (a Capped Value of $12.593 per unit). If the Index finishes between the Starting Value and the Threshold Value (90% of Starting Value), investors receive principal; if it falls below the Threshold Value, holders incur downside loss 1-to-1 beyond the 10% buffer (up to 90% principal at risk). All payments are payable at maturity and are subject to BNS credit risk. The notes pay no periodic interest, include an underwriting discount of $0.20 and a hedging-related charge of $0.05 per unit, and are not listed with limited secondary market liquidity.
The Bank of Nova Scotia is offering 2,804,891 units of Autocallable Strategic Accelerated Redemption Securities® at a $10.00 principal amount per unit, representing a public offering of $28,032,772.93.
The notes are senior unsecured debt of BNS due June 11, 2027, linked to an equally weighted basket of the SPDR® Gold Shares (GLD) and the iShares® Silver Trust (SLV). They are automatically callable on three Observation Dates if the Basket’s Observation Level is at or above the Starting Value, producing fixed Call Amounts of $11.2850, $11.9275 or $12.5700 depending on which Observation Date triggers the call. If not called, principal is exposed 1-for-1 to negative Basket performance, with the Threshold/Starting Value set at 100.00 and no periodic interest payments. All payments are subject to BNS credit risk; the initial estimated value on the pricing date was $9.74 per unit, below the public offering price.
The Bank of Nova Scotia is offering Buffered Index-Linked Notes linked to the S&P 500® Index due October 4, 2027. Each note has a $1,000 principal amount and a 10.00% buffer: losses up to 10.00% of the reference-asset decline produce a positive absolute return, while declines beyond 10.00% reduce principal, with up to a 90.00% loss. The maximum upside payment is expected to be at least $1,100.00 per $1,000 principal. Trade date is expected to be June 29, 2026, valuation date September 29, 2027, and original issue date expected July 2, 2026. The Bank’s initial estimated value at pricing is expected to be between $925.00 and $965.00 per $1,000 principal; the original issue price is 100.00% and underwriting/structuring fees reduce economic terms. Payments are subject to the Bank’s credit risk and no interest is paid prior to maturity.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Trigger Notes linked to the Class A common stock of Meta Platforms, Inc. The notes have a $1,000 principal amount per note, an expected trade date of June 9, 2026, an expected maturity of July 14, 2027, and observation dates monthly beginning July 2026. Investors receive a contingent coupon of $9.375 per $1,000 when the closing price on an observation date is at or above 68.00% of the initial price; if the notes are automatically called the holder receives principal plus that coupon. If the final price is below 68.00%, holders may receive a share delivery amount (shares of Meta) equal to $1,000 divided by the initial price, which can result in the loss of all or a substantial portion of principal. Payments depend on the Bank's creditworthiness.
The Bank of Nova Scotia (BNS) is offering senior, equity-linked notes (face amount $1,000) that are auto-callable and pay a contingent coupon of 12.30% per annum (with memory) linked to the lowest performing of the common stock of The Boeing Company, JPMorgan Chase & Co. and Visa Inc. The securities mature on June 1, 2029 unless automatically called earlier. Quarterly coupon and automatic call outcomes depend solely on the lowest performing Underlying Stock relative to its starting price and a coupon/downside threshold equal to 60% of starting price. The Bank estimated value at pricing was $939.42 per security; original offering price was $1,000 per security with proceeds to the Bank of $976.75 per security. Holders face full downside exposure if the lowest performing Underlying Stock is below its 60% threshold on the final calculation day and receive no dividends or upside participation.
The Bank of Nova Scotia is offering market-linked senior notes due June 1, 2029 that are auto-callable with a 12.00% per annum contingent coupon paid quarterly if the lowest performing underlying closes at or above 75% of its starting value on each calculation day. The securities are linked to the lowest performing of the State Street Technology Select Sector SPDR ETF, the Russell 2000 Index and the S&P 500 Index. If an automatic call occurs on a calculation day, holders receive the face amount plus a final contingent coupon. If not called, maturity payment depends on the lowest performing underlying on the final calculation day and may result in losses greater than 25% of face amount; the securities do not participate in any upside beyond contingent coupons. All payments are subject to the credit risk of the Bank.
The Bank of Nova Scotia is offering $5,661,000 of Autocallable Contingent Coupon Notes with Memory Coupon linked to the common stock of International Paper Company. The notes are senior, unsecured obligations, trade date May 29, 2026, original issue date June 3, 2026, and mature on June 2, 2028. If a Call Observation Date meets or exceeds the Initial Value, the notes are automatically called. Contingent Coupons of $31.25 per note (equal to 12.50% per annum) pay only when observation-date closing values meet or exceed the Contingent Coupon Barrier Value. Key economics: Initial Value $33.47, Barrier and Contingent Coupon Barrier Value $16.74 (50.00% of Initial Value), Physical Delivery Amount 29.8775 shares per note if Final Value is below the Barrier. The initial estimated value was $953.78 per $1,000 principal amount and the Original Issue Price is 100%. All payments are subject to the Bank's creditworthiness; investors may lose up to 100.00% of principal and the notes will not be listed on an exchange.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Notes linked to the Nasdaq-100, Russell 2000 and S&P 500 with an aggregate Principal Amount of $11,622,000. The Notes (Principal Amount $1,000 each) trade date was May 29, 2026, original issue date June 3, 2026, and maturity is June 1, 2029, unless automatically called earlier.
The Notes pay a contingent cash coupon of $27.25 per Note (equal to 10.90% per annum) on specified observation/payment dates only if the Closing Value of each Reference Asset is at or above its Contingent Coupon Barrier Value (each Barrier = 75% of Initial Value). Automatic calls occur when each Reference Asset closes at or above its Initial Value on a Call Observation Date; a called Note pays principal plus the contingent coupon. If not called, the maturity payment depends solely on the Least Performing Reference Asset and may result in loss of principal down to 100%. All payments are subject to the Bank's credit risk. The Bank's initial estimated value was $963.36 per $1,000, below the Original Issue Price.
The Bank of Nova Scotia is offering Buffered Enhanced Participation Notes linked to the least performing of the iShares MSCI EAFE ETF shares and the EURO STOXX 50 Index, with expected trade date June 30, 2026 and expected maturity July 6, 2028.
Each note has a $1,000 principal amount, an expected participation rate of at least 154.00%, and a buffer level of 90.00% (buffer percentage 10.00%). At maturity you receive a cash payment determined by the least performing reference asset: a leveraged positive payoff if both final levels exceed initial levels, full principal if both final levels are at or above the buffer level, or a downside exposure that can result in losses up to 90.00% of principal. Payments are unsecured and subject to the Bank’s creditworthiness.