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 (BNS) is offering $18,074,000 of Contingent Income Auto-Callable Securities due May 25, 2029 linked to the common stock of Carvana Co. (CVNA). Each note has a $1,000 stated principal amount and pays a contingent quarterly coupon of $79.25 (31.70% per annum) only if the closing price at a determination date is ≥ $40.968 (60.00% of the initial share price). Notes may be auto-redeemed early if the closing price on a determination date is ≥ the call threshold price of $68.28; otherwise, at maturity investors face 1-to-1 downside exposure to the final share price and may receive less than the stated principal, possibly zero. Payments are subject to BNS credit risk and the securities are not listed.
The Bank of Nova Scotia is offering $4,084,000 aggregate principal amount of Contingent Income Auto-Callable Securities linked to CrowdStrike Holdings, Inc. (CRWD), maturing May 27, 2027. Each $1,000 security can pay a contingent quarterly coupon of $30.90 (12.36% per annum) when the closing price on a determination date is at or above the downside threshold (50.00% of the initial share price). If a determination date meets the 100.00% call threshold the notes auto-redeem early for principal plus accrued contingent coupons. If the final share price is below the downside threshold, maturity payment equals stated principal multiplied by the share performance factor and may be less than 50% of principal or zero. All payments are subject to BNS credit risk; the initial estimated value per security on the pricing date was $974.30 versus an issue price of $1,000. Purchase involves limited liquidity, calculation-agent discretion, and potential tax uncertainty.
The Bank of Nova Scotia (BNS) is offering $5,508,000 of Contingent Income Auto-Callable Securities due May 25, 2028 based on shares of the iShares® Bitcoin Trust ETF (IBIT). Each note has a stated principal amount of $1,000 and offers a contingent quarterly coupon of $37.20 (14.88% per annum) payable only if the underlying share price on specified determination dates is at or above the downside threshold of $25.776 (60.00% of the initial share price of $42.96). Notes may be auto‑redeemed early if the share price meets or exceeds the call threshold of $42.96 on a determination date; otherwise, at maturity investors face a cash payment equal to the stated principal multiplied by the share performance factor, which can be less than 60% of principal and could be zero. Payments are unsecured obligations of BNS and subject to BNS credit risk. The pricing date was May 22, 2026; original issue date is May 28, 2026.
The Bank of Nova Scotia (BNS) is offering $4,250,000 of Contingent Income Auto-Callable Securities due May 25, 2029. Each note has a stated principal amount of $1,000.00 and pays a contingent quarterly coupon of $38.775 (equivalent to 15.51% per annum) only if the closing prices of Apple, Amazon and Alphabet (Class A) are each at or above their coupon threshold (60.00% of initial share price) on a determination date.
If all three securities meet their call thresholds on a determination date, the notes auto‑redeem early for principal plus that quarter’s coupon. If any final share price is below 60.00% of its initial price, the maturity payment is reduced on a 1‑for‑1 basis by the decline of the worst performing underlying, potentially resulting in a large loss or total loss of principal. All payments are subject to BNS credit risk and the notes are not exchange‑listed.
The Bank of Nova Scotia offers $39,918,000 of Contingent Income Auto-Callable Securities due May 25, 2029, linked to the common stock of NVIDIA Corporation. These senior unsecured notes pay a $26.50 contingent quarterly coupon (equivalent to 10.60% per annum) on a determination date when the closing price of NVIDIA is at or above 50.00% of the initial share price ($107.665). The notes are auto-callable if NVIDIA’s closing price on a determination date (other than the final date) is at or above the call threshold of $215.33, in which case holders receive the stated principal plus due contingent 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 50.00% of principal or zero. All payments are subject to BNS credit risk; the pricing supplement states an estimated value of $967.80 per $1,000 stated principal and an issue price of $1,000 per security.
The Bank of Nova Scotia (BNS) is offering $12,000,000 of Buffered Contingent Income Auto-Callable Securities tied to Eli Lilly (LLY) with a maturity of May 27, 2027. Each note has a stated principal of $1,000 and a contingent monthly coupon of $13.70 (equivalent to 16.44% per annum) payable only when the closing price at a determination date is ≥ the downside threshold.
The initial share price is $1,041.65, the call threshold is $1,041.65 (100%), and the downside threshold is $833.32 (80%). If not called and the final share price is below the downside threshold, investors receive a cash value equal to the exchange ratio × final share price and will lose 1.25% for every 1% the final share price falls below the downside threshold; principal can be fully lost. Payments are unsecured and subject to BNS credit risk. BNS’ initial estimated value on the pricing date was $995.80, below the issue price of $1,000.00.
The Bank of Nova Scotia priced market-linked, auto-callable senior notes linked to the lowest performing of the State Street® Technology Select Sector SPDR® ETF, the Russell 2000® Index and the S&P 500® Index. The securities have a face amount of $1,000, an expected pricing date of May 28, 2026 and a stated maturity of June 1, 2029.
The notes pay quarterly contingent coupon payments only if the lowest performing Underlying on each calculation day is at or above 75% of its starting value; the contingent coupon rate will be set on the pricing date and will be at least 12.00% per annum. The notes are auto-callable on certain quarterly calculation days if the lowest performing Underlying is at or above its starting value; if not called, principal at maturity depends on the final ending value of the lowest performing Underlying (full loss possible if it falls below 75% of starting value). All payments are subject to the Bank's credit risk and there is no exchange listing.
The Bank of Nova Scotia is offering senior, unsecured Market Linked Securities due May 25, 2029 that are auto-callable on May 28, 2027 and linked to the lowest performing of Class A Alphabet, Micron and NVIDIA. The Original Offering Price is $1,000 and the Bank’s estimated value on the pricing date was $904.56. If automatically called you receive the face amount plus a 44.40% call premium ($444 per security). If not called, maturity pay depends solely on the lowest performing underlying: upside participation is 400%, an absolute-value return feature caps positive returns from moderate declines at 50%, and losses exceed 50% if the lowest performing stock falls below its 50% threshold. Call and threshold prices were set on the pricing date and the securities carry full credit risk of the Bank.
The Bank of Nova Scotia priced a structured senior note offering: Market Linked Securities—Auto-Callable with Contingent Coupon and Contingent Downside Principal at Risk linked to the common stock of SLB N.V. The offering has a face amount of $1,000 per security and an aggregate original offering amount of $560,000. The securities pay a quarterly contingent coupon at a 10.20% per annum rate if the Underlying Stock's closing price on a calculation day is at or above a coupon threshold equal to 60% of the starting price. The starting price was $57.28, making the coupon and downside threshold $34.368. The securities may be automatically called if the Underlying Stock closes at or above the starting price on certain quarterly calculation days between August 2026 and February 2029. If not called, maturity is May 25, 2029, and holders face full downside exposure if the ending price on the final calculation day is below the downside threshold; maturity payment equals $1,000 if ending price >= downside threshold, otherwise $1,000 × (ending price / starting price). All payments are subject to the Bank's credit risk.
The Bank of Nova Scotia is offering Trigger Autocallable GEARS linked to the common stock of ASML Holding N.V. The securities have a $10 principal amount per security (minimum investment $1,000) and final terms will be set on the trade date. The structure includes an automatic call feature, an upside gearing of 2.00, a call return rate range of 23.00 to 25.00, and a downside threshold equal to 65.00 of the initial level. Key dates shown are trade date May 28, 2026, observation date June 3, 2027, final valuation date May 29, 2029 and maturity May 31, 2029. BNS estimates an initial estimated value between $9.35 and $9.65 per security at pricing; the issue price will be $10.00. Payments at call or maturity depend on the underlying’s closing levels and are subject to BNS credit risk; holders may lose a significant portion or all principal.
The Bank of Nova Scotia is offering Trigger Autocallable Contingent Yield Notes linked to the least performing of the Russell 2000 Index and the EURO STOXX 50 Index due on or about June 2, 2031. The notes pay periodic contingent coupons only if both underliers meet coupon barriers on observation dates and are automatically callable quarterly (callable after six months) if both underliers equal or exceed their initial levels. At maturity, if any underlier is below its downside threshold (60.00% of initial), repayment may be less than principal and could result in a substantial or total loss. Trade and settlement are expected on May 28, 2026 and May 29, 2026, respectively. The issue price is $10.00 per Note (minimum investment 100 Notes); BNS credit risk, limited liquidity, hedging conflicts, and uncertain U.S. federal tax treatment are highlighted risks.
The Bank of Nova Scotia (BNS) is offering capped, market-linked notes — the Capped Notes with Absolute Return Buffer linked to the Russell 2000® Index — with a $10 principal per unit and an expected term of approximately 14 months maturing in August, 2027. The notes provide 1-to-1 upside in the Index limited by a 12.00% cap (Capped Value $11.20 per unit). They provide an absolute-value buffer for modest Index declines: if the Index falls but remains at or above a Threshold Value (to be set on the pricing date at 86.00%–91.00% of the Starting Value), holders receive a positive return equal to the absolute decline; if the Index falls below the Threshold Value, principal is lost pro rata. All payments occur at maturity and are subject to BNS credit risk. The public offering price is $10.00 per unit (reduced to $9.95 for large individual purchases), the underwriting discount is $0.175 per unit (or $0.125 for large purchases), and an estimated hedging-related charge of $0.05 per unit is included; initial estimated value on pricing is between $9.31 and $9.61 per unit.
The Bank of Nova Scotia is offering three separate series of Trigger Autocallable Contingent Yield Notes linked to the common stock of Amazon.com, Inc., General Motors Company and Class A ordinary shares of On Holding AG, maturing May 25, 2029. Each Note pays a fixed contingent coupon on scheduled coupon payment dates only if the underlying closing level on the applicable observation date is at or above a specified coupon barrier. The Notes are callable quarterly (first callable ~6 months after issue) if an observation-date closing level is at or above the initial level; early call pays principal plus the contingent coupon on the call settlement date. If not called and the final level is below the downside threshold, maturity payment will decline in line with the percentage decline of the underlying, potentially resulting in a substantial or total loss of principal. The offering sizes are $11,247,000 (AMZN), $5,912,450 (GM) and $10,107,700 (ON). Payments depend on BNS creditworthiness; the issuer’s initial estimated values per Note are below the $10 issue price.
The Bank of Nova Scotia is offering $5,091,000 of autocallable notes linked to Broadcom Inc. The notes pay a contingent coupon of $11.00 per $1,000 on a monthly basis if the closing price of Broadcom equals or exceeds 57.00% of the initial price ($414.57) on an observation date. Observation dates occur monthly beginning June 21, 2026; call observation dates run from November 2026 through May 2027. If the reference stock is at or above the initial price on a call observation date, the notes are automatically called and pay $1,000 plus the contingent coupon. If not called and the final price is below 57.00% of $414.57, holders receive a share delivery amount equal to $1,000 divided by the initial price (shares, with cash for fractional shares), and will not receive contingent coupons; such outcome can result in substantial loss of principal. The Bank’s initial estimated value at pricing was $965.44 per $1,000, below the original issue price.
The Bank of Nova Scotia is offering senior, market‑linked, auto‑callable notes with a contingent quarterly coupon and principal at risk, linked to the lowest performing common stock of Boeing, JPMorgan Chase and Visa. The securities have a face amount of $1,000 per security, a pricing date of May 28, 2026, an issue date of June 2, 2026 and a stated maturity of June 1, 2029.
Coupons are contingent and paid quarterly only if the lowest performing underlying's closing price on a calculation day is at or above its coupon threshold (60% of its starting price). The contingent coupon rate will be set on the pricing date and will be at least 12.30% per annum. The securities are automatically called if the lowest performing underlying closes at or above its starting price on specified quarterly calculation days; if not called, principal at maturity depends on the lowest performing underlying's ending price and may be reduced pro rata (full downside exposure below the 60% downside threshold).
The Bank of Nova Scotia is offering $6,000,000 of Autocallable Contingent Coupon Buffer Notes with Memory Coupon linked to the common stock of Eli Lilly and Company. Each Note has a $1,000 principal amount and a contingent coupon of $40.40 payable on scheduled coupon dates if the Reference Asset meets the barrier test.
The Notes may be automatically called early if the Reference Asset closes at or above the Initial Value on an Observation Date. If not called, principal repayment at maturity depends on the Final Value versus the Buffer Value $833.32 (80% of the Initial Value $1,041.65). Losses apply if the Final Value is below the Buffer Value, scaled by a Downside Leverage Factor 1.25. Payments are unsecured obligations of the Bank; credit risk of the Bank applies.
The Bank of Nova Scotia priced $2,000,000 of Capped Return Enhanced Notes linked to the State Street SPDR S&P 500 ETF Trust. The Notes mature on July 26, 2027, pay no periodic interest, and return either a capped upside or a loss of principal based on the Reference Asset's performance.
Key economics: $1,000 principal per Note, 200.00% Participation Rate, a 14.60% Maximum Return (capping the maximum payment at $1,146 per Note), Initial Value $742.72 (Trade Date May 21, 2026), Final Valuation Date July 21, 2027. Payments are unsecured obligations of the Bank and depend on its creditworthiness.
The Bank of Nova Scotia is offering Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the least performing of GOOG Class C, NUE and OXY. The Notes pay periodic contingent coupons only if every underlying asset meets its coupon barrier on observation dates, are autocallable if all underlyings meet their initial levels on an observation date, and repay principal at maturity only if each underlying meets its downside threshold; otherwise repayment equals $10 × (1 + underlying return of the least performing underlying asset), which can result in a substantial or total loss. Trade and settlement are expected on May 27, 2026 and May 29, 2026, with final valuation on May 29, 2029 and maturity on June 1, 2029. The contingent coupon rate range and other final terms will be set on the trade date and the Notes are subject to BNS credit risk and limited secondary market liquidity.
The Bank of Nova Scotia (BNS) offers Auto-Callable Dual Directional Trigger Participation Securities linked to the common stock of ServiceNow, Inc. (underlying). Each Trigger Security has a stated principal amount of $1,000.00, an issue price of $1,000.00, a pricing date of May 29, 2026, an original issue date of June 3, 2026, a final determination date of May 30, 2028 and a maturity date of June 2, 2028.
The notes pay no coupon and may be automatically redeemed early for an early redemption payment of $1,447.10 if the closing price of the underlying on the determination date prior to the final determination date is >= the initial share price. At maturity (if not redeemed): (1) if final share price > initial share price, payment = $1,000 + upside; (2) if final share price ≤ initial but ≥ trigger (70.00% of initial), payment = $1,000 + absolute underlying return (capped effectively at +30.00%); (3) if final share price < trigger, payment = $1,000 + underlying return (full downside, potentially to zero). All payments are subject to BNS credit risk and the Trigger Securities are not listed.
The Bank of Nova Scotia offers structured notes: Buffered Contingent Income Auto-Callable Securities with Memory Coupon and Downside Leverage linked to Eli Lilly & Company common stock.
The notes have a $1,000 stated principal amount, a strike date of May 21, 2026, a pricing date of May 22, 2026, and mature on May 27, 2027. Investors may receive a contingent monthly coupon of $13.70 (equivalent to 16.44% per annum) on determination dates when the closing price is at least $833.32 (the downside threshold, 80% of the initial share price). The notes auto-redeem early if the closing price on a determination date meets or exceeds the call threshold of $1,041.65 (100% of the initial share price). If the final share price at maturity is below the downside threshold, investors receive a cash value tied to the final share price and could lose up to 100% of principal; losses scale at 1.25% per 1% decline below the downside threshold.
The Bank of Nova Scotia is offering $1,426,000 of Autocallable Contingent Barrier Return Enhanced Notes due May 24, 2029 linked to the least performing of META, MSFT and NFLX. The Notes pay no interest, can be automatically called on May 28, 2027 for a $430 call premium, and otherwise pay at maturity based on the 300.00% participation rate applied to the least‑performing reference asset or return principal only if the least performer finishes at or above its 60.00% barrier. Payments are unsecured obligations of the Bank and subject to its credit risk.
The Bank of Nova Scotia priced an issue of senior, unsecured, equity-linked securities — market-linked, auto-callable notes with a stated maturity of May 24, 2029 and an original offering price of $1,000 per security. The notes are linked to the lowest performing common stock of Advanced Micro Devices, Inc., Micron Technology, Inc. and NVIDIA Corporation and include an absolute value return feature, a 50% buffer and multiple scheduled call dates beginning in May 2027.
The notes pay no periodic interest, are subject to the Bank’s credit risk, and may be automatically called if the lowest performing underlying closes at or above 95% of its starting price on a call date. If not called, payoff at maturity depends on the lowest performing underlying: limited positive return up to 50.00% in certain decline scenarios, or 1-to-1 downside exposure beyond the buffer, with potential loss up to 50.00% of face amount.
The Bank of Nova Scotia is offering $656,000 aggregate of Autocallable Contingent Coupon Buffer Notes with Memory Coupon linked to Reddit, Inc. common stock due June 7, 2027. Each $1,000 Note pays contingent coupons of $86.30 on certain observation dates, can be auto‑called if the Reference Asset equals or exceeds the Initial Value, and returns principal at maturity only if the Final Value is at or above the 75.00% Buffer Value ($110.04). The Initial Value is $146.72; the initial estimated value per $1,000 Principal Amount was $974.65 and the Original Issue Price is $1,000 per Note. Payments are unsecured obligations of the Bank and subject to its credit risk. Settlement is T+3 with minimum investment $10,000.
The Bank of Nova Scotia offers Autocallable Contingent Coupon Buffer Notes linked to Eli Lilly common stock due May 27, 2027. The Notes pay contingent coupons of $40.40 per Note on certain observation dates if the Reference Asset is at or above 80.00% of the Initial Value ($1,041.65). The Notes will be automatically called if the Closing Value on any Observation Date is equal to or greater than the Initial Value and, if not called, the payment at maturity depends on the Final Value versus the Buffer Value of $833.32 (80.00% of the Initial Value). If the Final Value is below the Buffer Value, investors lose 1.25% of principal for each 1% the Final Value is below the Initial Value in excess of 20.00%, up to a 100% loss of principal. Payments are unsecured obligations of the Bank and subject to its credit risk; minimum investment is $10,000.
The Bank of Nova Scotia is offering $516,000 aggregate of Autocallable Contingent Coupon Notes linked to the common stock of Dutch Bros Inc. (Reference Asset). Each Note has a $1,000 Principal Amount, Original Issue Price 100.00% and an initial estimated value of $949.93 per Note.
The Notes pay a Contingent Coupon of $49.50 per Note (equal to 19.80% per annum) on specified payment dates if the Reference Asset's Closing Value on the related observation date is at or above the Contingent Coupon Barrier Value of $32.08 (60.00% of the Initial Value). The Initial Value was $53.46; the Barrier and Contingent Coupon Barrier Value are $32.08. The Notes are automatically called if the Reference Asset closes at or above the Initial Value on any Call Observation Date; upon an automatic call you receive Principal plus the Contingent Coupon for that period.
If not called, Payment at Maturity depends on the Reference Asset Return measured from $53.46 to the Final Value on May 21, 2029. If Final Value < Barrier, holders suffer the full downside to the Reference Asset and may lose up to 100% of principal. Trade Date was May 21, 2026; Original Issue Date May 27, 2026. All payments are unsecured obligations of the Bank and subject to its credit risk.
The Bank of Nova Scotia offers Autocallable Contingent Coupon Trigger Notes linked to Best Buy Co., Inc. These notes pay a monthly contingent coupon of $13.334 per $1,000 if the reference stock closes at or above a coupon barrier of 62.00% of the initial price on each observation date. The notes may be automatically called on call observation dates beginning in November 2026; trade date is expected to be May 29, 2026 with expected maturity July 2, 2027. If not called, maturity payoff depends on the final price relative to the trigger price (62.00%), and investors bear full principal risk: a final price below the trigger results in a pro rata loss of principal tied to the stock’s percentage decline. The Bank’s initial estimated value is between $925.00 and $955.00 per $1,000, while the original issue price is 100%. Payments are subject to the Bank’s creditworthiness and the notes will not be listed; structuring fees and hedging costs (including up to 0.65% dealer structuring fee) reduce economic terms.
The Bank of Nova Scotia is offering Capped Buffered Enhanced Participation Notes linked to the S&P 500® Index with an expected term of approximately 20 to 23 months. The notes pay no interest and return at maturity depends on the reference asset return, a 150.00% participation rate on positive performance subject to a capped $1,192.90–$1,226.35 per $1,000 principal amount. A buffer protects against declines up to 10.00%; declines beyond that expose holders to leveraged losses (buffer rate ~111.11%), potentially to a 100% loss of principal. Payments are unsecured obligations of the Bank and depend on its creditworthiness. The initial estimated value is $929.41–$959.41 per $1,000, below the 100% original issue price; distribution involves selling commissions of 1.38%.
The Bank of Nova Scotia is offering Digital Notes linked to the EURO STOXX 50® Index with an aggregate principal amount of $3,663,000. Trade date is May 19, 2026, original issue date May 22, 2026, valuation date July 19, 2028 and maturity July 21, 2028.
Each note has a $1,000 principal amount. If the final level on the valuation date is at least 85.00% of the initial level (initial level 5,851.16), each note will pay a capped $1,211.00 at maturity. If the final level is below that threshold, losses apply and the payoff is reduced using a buffer rate of approximately 117.65%, which can result in the loss of up to 100.00% of principal. The notes do not bear interest and are unsecured obligations subject to the Bank's credit risk.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Trigger Notes linked to Best Buy Co., Inc. The notes pay a $11.459 contingent coupon per $1,000 on an observation date if the closing price of Best Buy is at least 62.00% of the initial price. The notes may be automatically called on specified call observation dates beginning November 2026; if called you receive $1,000 plus the contingent coupon. If not called, maturity is expected July 2, 2027, and if the final price is below 62.00% of the initial price you will receive $1,000 × (1 + reference asset return), exposing you to full downside (up to a 100% loss). The Bank’s initial estimated value range is $925.00–$955.00 per $1,000 principal; original issue price is 100%. Payments are subject to the Bank’s credit risk and many distribution fees and hedging costs are embedded in the issue price.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Trigger Notes linked to MGM Resorts International stock with expected maturity on July 9, 2027. Each note has a $1,000 principal amount and an original issue price of 100%. The notes pay a monthly contingent coupon of $8.334 per $1,000 (0.8334% monthly; ~10.00% per annum) on an observation date only if the closing price of MGM equals or exceeds the coupon barrier of 57.00% of the initial price. The notes are automatically called (redeemed at $1,000 plus the contingent coupon) if, on any call observation date (Dec 2026–Jun 2027), the closing price is equal to or greater than the initial price. If not called and the final price is below 57.00% of the initial price at the final valuation date (expected July 6, 2027), holders will receive a share delivery amount equal to $1,000 divided by the initial price (shares, with fractional shares paid in cash), which would be worth less than 57% of principal and could result in a substantial or total loss. The notes are unsecured obligations of the Bank, not listed, and subject to the Bank’s credit risk. The Bank’s initial estimated value range is $925.00 to $955.00 per $1,000, below the original issue price.
The Bank of Nova Scotia is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Amazon.com, Inc., General Motors Company and Class A ordinary shares of On Holding AG. Each Note has a $10 principal amount, is callable quarterly (callable after six months), pays contingent coupons only if observation-date levels meet a coupon barrier, and repays principal at maturity only if the final level meets or exceeds a downside threshold.
The trade date is May 22, 2026, settlement is expected May 28, 2026, the final valuation date is May 22, 2029, and maturity is May 25, 2029. Minimum investment is 100 Notes ($1,000). Payments (coupons and any principal repayment) are subject to BNS credit risk; if the final level is below the downside threshold, investors may lose a significant portion or all of principal.
The Bank of Nova Scotia is offering market-linked senior notes linked to the lowest performing of the S&P 500® and the Russell 2000® Index due May 31, 2030. Each security has a face amount of $1,000 and a contingent quarterly coupon (the contingent coupon rate will be set on the pricing date and will be at least 7.45% per annum). Payments, automatic calls (possible from November 2026 onward) and the maturity payment depend solely on the closing level of the lowest performing Index relative to threshold levels equal to 70% of each Index’s starting level. If not called, holders receive $1,000 at maturity only if the lowest performing Index ends at or above its downside threshold; otherwise the maturity payment equals $1,000 multiplied by the performance factor of that lowest performing Index, exposing holders to losses that can exceed 30%. The Bank’s estimated value at pricing is between $919.78 and $949.78 per security; the original offering price is $1,000 per security and includes dealer spreads, hedging costs and selling concessions.
The Bank of Nova Scotia is offering Trigger Autocallable Contingent Yield Notes linked to Amazon, General Motors and On Holding. Each Note has a $10 principal amount, a term of approximately three years and quarterly observation dates (callable after six months). Contingent coupons (paid only if the underlying closes at or above a coupon barrier) are stated at 9.00% (AMZN), 10.20% (GM) and 16.10% (ON) per annum. If not called and the final level is below the downside threshold, repayment at maturity can be less than principal and may reflect the full downside of the underlying asset; in extreme cases you could lose your entire investment. Trade date and settlement are expected to be May 22, 2026 and May 28, 2026, with maturity on or about May 25, 2029. The notes are unsecured obligations of BNS and payments are subject to BNS credit risk.
The Bank of Nova Scotia is offering Trigger Autocallable Contingent Yield Notes linked to the least performing of the State Street® SPDR® S&P® Regional Banking ETF (KRE) and the State Street® SPDR® S&P® 500® ETF Trust (SPY). The notes have a $10 principal per note, trade date May 20, 2026, settlement May 26, 2026, and maturity May 24, 2029. They pay a contingent coupon at a 10.15% per annum rate only when both underlyings meet coupon barriers on scheduled observation dates, are callable quarterly (first callable after six months), and repay principal at maturity only if both final levels meet downside thresholds; otherwise principal can be reduced by the loss of the least performing underlying. The offering size is $12,964,670 and the issuer 27s initial estimated value per note was $9.55.
The Bank of Nova Scotia (BNS) is offering Contingent Income Auto-Callable Securities due on or about June 2, 2028. These senior unsecured notes have a stated principal amount of $1,000.00 per security and an issue price of $1,000.00.
The notes pay a contingent quarterly coupon of $24.30 (equivalent to 9.72% per annum) only if all three underlying indices are at or above their 70.00% coupon threshold on each determination date. All payments are based on the worst performing of the Nasdaq-100, Russell 2000 and S&P 500 indices and are subject to BNS credit risk. BNS’ initial estimated value range at pricing is $937.48–$967.48.
The Bank of Nova Scotia is offering structured, market-linked senior notes due June 1, 2029 that are auto-callable monthly and pay a contingent coupon with a memory feature tied to the lowest performing of Marvell, Oracle and SoFi. The securities have a face amount of $1,000 per security and a contingent coupon rate to be set on the pricing date, at least 24.65% per annum. Whether coupons are paid, whether the notes are called early, and the maturity payment depend solely on the lowest performing underlying stock relative to threshold prices equal to 45% of each starting price. The Bank's estimated value range at pricing is $901.77 to $931.77 per security. All payments are subject to the Bank's credit risk and the notes are not insured by CDIC or the FDIC.
The Bank of Nova Scotia is offering senior, equity-linked, auto-callable notes linked to the lowest performing common stock of Dell Technologies, Marvell Technology and Palantir Technologies. The securities have a face amount of $1,000 per security, a contingent coupon rate to be set on the pricing date (at least 23.05% per annum), monthly contingent coupon determination, an automatic call feature beginning on the sixth monthly calculation day, and a stated maturity of June 1, 2029. Payments (coupons, call or maturity) depend solely on the lowest performing Underlying Stock on calculation days; downside protection is conditional and the downside and coupon threshold prices equal 45% of each starting price. The securities are senior unsecured obligations of the Bank and are subject to the Bank's credit risk and limited secondary-market liquidity. The original offering price is $1,000 per security; the Bank's estimated value at pricing is shown on the cover and is lower than the offering price because it excludes costs and projected hedging profits.
The Bank of Nova Scotia is offering $2,607,000 aggregate principal amount of Capped Buffered Enhanced Participation Notes linked to the MSCI EAFE® Index, with a trade date of May 19, 2026, an original issue date of May 22, 2026, a valuation date of July 5, 2028 and a maturity date of July 7, 2028.
The notes pay no interest and provide 160.00% participation in positive index returns up to a maximum payment of $1,300.80 per $1,000. They protect principal only if the final index level is no more than 15.00% below the initial level (buffer at 85.00%); declines beyond that expose holders to amplified losses (buffer rate ~117.65%). Payments depend on the Bank's creditworthiness and there will be no exchange listing or dividend component.
The Bank of Nova Scotia (BNS) is offering senior unsecured Contingent Income Auto-Callable Securities due on or about June 1, 2029 linked to the common stock of Advanced Micro Devices, Inc. Each security has a stated principal amount of $1,000.00 and an issue price of $1,000.00. Investors may receive a contingent quarterly coupon of $51.80 (equivalent to 20.72% per annum) on a determination date when the closing price of the underlying stock is >= 50.00% of the initial share price; otherwise no coupon is paid. The notes can be automatically redeemed early if the underlying stock closes on a determination date at or above the call threshold (equal to 100.00% of the initial share price). If the final share price is below the 50.00% downside threshold, the payment at maturity equals the stated principal amount multiplied by the share performance factor (final/initial), which could be less than 50.00% of principal or zero. Payments are subject to BNS credit risk. The pricing date is May 29, 2026, with original issue date June 3, 2026.
The Bank of Nova Scotia (BNS) is offering Contingent Income Auto-Callable Securities due on or about June 1, 2029, linked to the common stock of Tesla, Inc. Each security has a $1,000 stated principal and an issue price of $1,000.
Holders may receive a contingent quarterly coupon of $33.00 (equivalent to 13.20% per annum) on a determination date when the closing price of Tesla is at or above the downside threshold (equal to 50.00% of the initial share price). The notes are auto‑callable if the closing price on a non‑final determination date is at or above the call threshold (equal to 100.00% of the initial share price). If the final share price is below the downside threshold, maturity payment equals the stated principal multiplied by the share performance factor and could be less than 50.00% of principal, potentially zero.
Pricing date: May 29, 2026; original issue date: June 3, 2026. Estimated initial value range: $938.52–$968.52 per $1,000 stated principal. All payments are subject to BNS credit risk; these securities are senior unsecured notes and do not pay dividends or provide equity upside participation.
The Bank of Nova Scotia is offering Capped Return Enhanced Notes linked to the State Street SPDR S&P 500 ETF Trust. The notes are senior, unsubordinated, unsecured obligations with a $1,000 principal amount per note, expected Trade Date May 21, 2026, Original Issue Date May 27, 2026 and maturity on July 26, 2027.
The notes pay at maturity only. If the Reference Asset finishes above its Initial Value, holders receive $1,000 plus 200.00% of the positive Reference Asset Return subject to a Maximum Return (stated as at least 14.60% and set on the Trade Date). If the Final Value is below the Initial Value, the note suffers the full downside on a one-to-one basis and investors may lose up to 100.00% of principal. The Bank disclosed an initial estimated value range of $943.23 to $973.28 per $1,000 Principal Amount at pricing.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Buffer Notes with Memory Coupon linked to the common stock of Reddit, Inc. The Notes have a Principal Amount of $1,000 per Note and an Original Issue Price of 100% per Note. The Notes pay a Contingent Coupon of $86.30 on each payable Contingent Coupon Payment Date if the Reference Asset's Closing Value on an Observation Date is at or above $110.04 (75.00% of the Initial Value of $146.72). The Notes are automatically called if the Reference Asset's Closing Value on any Observation Date prior to the Final Valuation Date is equal to or greater than the Initial Value. If not called, the Payment at Maturity depends on the Final Value relative to the Buffer Value; losses apply if the Final Value is below the Buffer Value with a Downside Leverage Factor of approximately 1.3333. Trade Date is expected May 21, 2026, Original Issue Date May 27, 2026, and Maturity Date June 7, 2027.
The Bank of Nova Scotia is offering autocalable contingent-coupon notes linked to NVIDIA Corporation common stock due December 7, 2027. The notes pay a contingent monthly coupon of $9.209 per $1,000 (0.9209% monthly, ~11.05% annualized) only if the reference stock closes at or above a 53.00% coupon barrier on each observation date. The notes will be automatically called if the reference stock closes at or above the initial price on any call observation date; otherwise, at maturity holders either receive $1,000 (if the final price is ≥ 53.00% of the initial price) or a share-delivery amount equal to $1,000 divided by the initial price (resulting in potential substantial principal loss if the final price is below the trigger). The Bank discloses an initial estimated value range of $925.00 to $955.00 per $1,000 principal amount and states proceeds are for general corporate purposes. Payments depend on the Bank's creditworthiness.
The Bank of Nova Scotia priced Market Linked Securities—Auto-Callable with Contingent Downside Principal at Risk linked to the lowest performing of BAC, C and GS. $1,000 face amount; original offering price $1,000 and the Bank's estimated value was $944.66 per security on the May 18, 2026 pricing date. The notes pay no interest, are senior unsecured obligations of the Bank and are callable on three dates offering fixed call premiums of 26.55%, 39.825% and 53.10% of face amount. If not called, maturity payment depends on the lowest performing underlying; each underlying has a 70% threshold of its starting price below which investors suffer 1-to-1 downside (losses greater than 30%, up to total loss).
The Bank of Nova Scotia priced and offered senior, equity-linked auto-call securities tied to CoreWeave, Inc. The securities were issued at a face amount of $1,000 per security with an original offering price of $1,000 and an estimated value on the pricing date of $939.53 (93.953%).
The notes pay a quarterly contingent coupon at a per annum rate of 23.50% if the Underlying Stock's closing price on a calculation day is at least the coupon threshold (equal to $51.885, 50% of the starting price). The starting price was $103.77 on the pricing date. The securities are auto-callable if the closing price on certain quarterly calculation days equals or exceeds the starting price; if not called, principal at maturity depends on the ending price versus the downside threshold ($51.885). All payments are subject to the Bank's credit risk and there is no exchange listing.
The Bank of Nova Scotia priced senior, equity-linked notes due May 23, 2029 that are auto-callable and linked to the lowest performing of Amazon, Alphabet (Class A) and Meta. Each $1,000 face amount security was offered at $1,000 with the Bank’s estimated value of $916.99 per security and total original offering price shown as $2,490,000.00. The notes pay no interest and may be automatically called on May 21, 2027 for a 28.10% call premium ($281). If not called, maturity payoffs depend solely on the lowest performing Underlying Stock: upside participation is 300%, an absolute-value feature caps positive returns on moderate declines at 40.00%, and losses exceed 40.00% (potentially to zero) if that Underlying falls below 60% of its starting price.
The Bank of Nova Scotia priced senior note securities: market-linked, auto-callable notes with a $1,000 face amount per security linked to the lowest performing stock among Broadcom, Alphabet Class A and Netflix.
The notes were priced on May 18, 2026 with an original offering price $1,000 and the Bank’s estimated value of $888.66 per security. The notes pay no interest, may be automatically called on May 21, 2027 for a 41.35% call premium, have a stated maturity of May 23, 2029, and offer a 300% upside participation rate if not called. All payments are subject to the Bank’s credit risk.
The Bank of Nova Scotia priced senior, equity‑linked, auto‑callable notes linked to the common stock of Palantir Technologies Inc. due May 23, 2029. Each security has a face amount of $1,000 and an original offering price of $1,000.
The notes pay a 15.00% per annum contingent coupon quarterly if the Underlying Stock's closing price on a calculation day is at or above the coupon threshold ($67.57, 50% of the starting price). The starting price was $135.14 (closing price on the pricing date) and the Bank's estimated value on the pricing date was $960.58 per security. If not auto‑called, principal at maturity depends on the ending price relative to the downside threshold ($67.57); below that level investors bear full downside and may lose more than 50% of face amount.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Trigger Notes linked to NVIDIA Corporation (NVDA) with $7,259,000 aggregate principal. The notes pay a monthly contingent coupon of $10.459 per $1,000 (1.0459% monthly) when the closing price of NVDA on an observation date is at least 60.00% of the initial price of $222.32. The notes may be automatically called on observation dates from November 2026 through May 2027 if NVDA closes at or above the initial price; if called, holders receive $1,000 plus the contingent coupon. If not called and the final price is below 60.00% of the initial price on the final valuation date, holders receive a share delivery amount equal to $1,000 divided by the initial price (rounded), which would be worth less than 60.00% of principal and could result in a substantial loss. Payments depend on the Bank’s creditworthiness.
The Bank of Nova Scotia is offering senior, unsecured, equity-linked securities linked to the common stock of Tesla, Inc. The securities pay a contingent monthly coupon at 18.25% per annum only if the Underlying Stock closes at or above 70% of the starting price on each calculation day, are auto-callable if the stock closes at or above the starting price on certain monthly calculation days, and mature on May 21, 2027 with potential principal loss if the ending price is below the downside threshold (70% of the starting price). The estimated value on the pricing date was $969.22 per security and the original offering price is $1,000 per security. All payments are subject to the Bank's credit risk and the securities are designed to be held to maturity.