Bank of Nova Scotia 424B Filings

The Bank of Nova Scotia is offering Autocallable Review Notes linked to the S&P 500® Index with a term of approximately 36 months and a scheduled maturity of June 1, 2029.

The notes are senior, unsubordinated and unsecured obligations of the Bank; payments are subject to the Bank’s credit risk. The notes pay no coupons and are automatically called if the Closing Value on any Observation Date is at least 100.00% of the Initial Value, in which case holders receive the applicable Call Payment Amount. If not called, maturity payment equals $1,000 + ($1,000 × Reference Asset Return), which can result in a loss of up to 100% of principal. The Original Issue Price is 100% of principal; the Bank’s initial estimated value range is $934.57 to $964.57 per $1,000 Principal Amount. Trade Date is expected to be May 29, 2026 and Original Issue Date June 3, 2026. Minimum investment is $1,000.

The Bank of Nova Scotia (BNS) priced a supplemental prospectus for Buffered Contingent Income Auto-Callable Securities with Memory Coupon and Downside Leverage due May 11, 2027, linked to shares of the Invesco QQQ Trust, Series 1. Each security has a stated principal amount of $1,000.00 and offers a contingent monthly coupon of $12.00 (equivalent to 14.40% per annum) payable on specified determination dates only if the closing price of the underlying shares is at or above the downside threshold price of $613.449 (90% of the initial share price). The call threshold and initial share price are $681.61. If not early redeemed and the final share price is below the downside threshold, holders receive a cash value that exposes them to losses (about 1.1111% loss per 1% drop below the downside threshold). Payments are subject to BNS credit risk; estimated value on pricing was between $964.12 and $994.12.

The Bank of Nova Scotia is offering Autocallable Review Notes linked to the Russell 2000® Index due June 1, 2029. The notes are senior, unsecured obligations with a $1,000 principal per note and an Original Issue Price of 100%. If the Closing Value of the Russell 2000 on any Observation Date is at least 100% of the Initial Value, the notes will be automatically called for a specified Call Payment Amount; otherwise the maturity payoff equals $1,000 plus $1,000 times the Reference Asset Return, exposing investors to up to 100% loss of principal. Trade Date and settlement are expected May 29, 2026 and June 3, 2026 respectively. The initial estimated value range is $933.03 to $963.03 per $1,000 Principal Amount and the notes do not pay periodic interest.

The Bank of Nova Scotia priced $12,000,000 of Autocallable Contingent Coupon Buffer Notes with Memory Coupon linked to the shares of Invesco QQQ, Series 1. The notes pay a $11.90 contingent coupon on observation dates if the reference asset is at or above 90.00% of the Initial Value. The Initial Value was $672.88 (Strike Date May 4, 2026), the Final Valuation Date is May 5, 2027, and the Maturity Date is May 10, 2027. Notes are unsecured senior debt, subject to the Bank’s credit risk, not listed, and may be automatically called early if the reference asset closes at or above the Initial Value on an Observation Date.

The Bank of Nova Scotia (BNS) is offering $12,000,000 of Buffered Contingent Income Auto-Callable Securities due May 7, 2027 linked to Shares of the Invesco QQQ Trust, Series 1. Each note has a stated principal of $1,000 and may pay a contingent monthly coupon of $11.90 (14.28% per annum) on determination dates when the closing price is ≥ the downside threshold ($606.735, 90% of the initial share price). The notes are automatically called if the closing price on a determination date (other than final) is ≥ the call threshold ($674.15). If not called and the final share price is below the downside threshold, investors receive a cash value that can result in losses (approximately 1.1111% loss for every 1% below the downside threshold) and could lose their entire investment. Payments depend on BNS creditworthiness; estimated value at pricing was $995.20 per note, below the $1,000 issue price.

The Bank of Nova Scotia is offering Digital Notes linked to shares of the iShares® 20+ Year Treasury Bond ETF (TLT) with an expected term of approximately 23 to 26 months. The notes have an original issue price of 100%, an underwriting concession of 1.47%, and an initial estimated value range of $937.01 to $967.01 per $1,000 principal. At maturity, if the final price of the reference asset is at least 90.00% of the initial price, investors receive a capped threshold settlement amount (expected between $1,128.90 and $1,151.60 per $1,000). If the final price is below 90.00% of the initial price, losses apply and the notes absorb downside at a buffer rate of approximately 111.11%, meaning investors may lose up to 100% of principal. Payments are unsubordinated, unsecured, not insured by CDIC or FDIC, and subject to the Bank’s credit risk. The notes will not be listed and no dividends from the ETF are paid to holders.

The Bank of Nova Scotia (BNS) is offering $2,961,000 of Contingent Income Auto-Callable Securities due May 4, 2029. These are senior unsecured notes linked to the common stock of Valero Energy Corporation (VLO) that pay a $25.125 contingent quarterly coupon (equivalent to 10.05% per annum) only on determination dates when the closing price of Valero is at or above 50.00% of the initial share price (downside threshold).

If a determination date (other than the final date) meets the call threshold (equal to the initial share price of $246.87), the securities will be automatically redeemed for principal plus that quarter's coupon. If the final share price is below the downside threshold ($123.435), the maturity payment is the stated principal multiplied by the share performance factor (final/initial), which could produce a payment substantially below principal and as low as zero. All payments are subject to BNS credit risk. The issue price is $1,000 per security, with an initial estimated value of $965.30 per security and dealer fees of $22.50 per $1,000.

The Bank of Nova Scotia (BNS) priced $23,464,000 of Contingent Income Auto-Callable Securities due May 4, 2028, with a stated principal of $1,000 per security. Each security offers a contingent quarterly coupon of $23.50 (equivalent to 9.40% per annum) payable only if the Nasdaq-100, Russell 2000 and S&P 500 index closing values on a determination date are each at or above 70.00% of their initial values.

All payments are based on the worst-performing index. If, at maturity, the worst-performing index is below 70.00% of its initial value, principal is reduced 1-to-1 by that index’s decline and could be less than 70.00% of principal or zero. The pricing date was May 1, 2026, original issue date May 6, 2026, and maturity May 4, 2028. BNS’ initial estimated value was $967.30 versus an issue price of $1,000 (includes $20 total fees per security). Payments are subject to BNS credit risk.

The Bank of Nova Scotia priced a $1,000 face amount, market-linked senior note under its Senior Note Program — an auto-callable, equity-linked security tied to the lowest performing common stock of Microsoft, Oracle and Tesla. The securities pay no interest, are subject to the Bank's credit risk and may be automatically called on scheduled call dates with a minimum annualized call premium of approximately 22.65% (first call). If not called, final payment depends on the lowest performing underlying stock on the final calculation day, with a capped positive return of 50.00% for certain downside scenarios and full downside exposure if that stock falls below 50% of its starting price. The estimated value at pricing is between $895.56 and $925.56 per security; the original offering price is $1,000 per security. The stated maturity date is June 1, 2029.

The Bank of Nova Scotia is offering senior, equity‑linked, auto‑callable notes (face amount $1,000 per security) linked to the lowest performing common stock of Bank of America, Citigroup and Goldman Sachs. Pricing date is May 18, 2026, issue date May 21, 2026, and stated maturity is May 23, 2028. The securities pay no interest, may be automatically called on scheduled call dates for fixed call premiums, and if not called expose holders to 1‑for‑1 downside below a 70% threshold of each starting price. The Bank's estimated value at pricing is between $905.85 and $935.85 per security; the original offering price is $1,000 per security.

The Bank of Nova Scotia is offering senior, equity-linked securities linked to the lowest performing of AMZN, GOOGL and META. Each security has a $1,000 face amount, an original offering price of $1,000 and may be automatically called about one year after issuance for a call premium of at least 28.10%. If not called, the maturity payment on May 23, 2029 depends solely on the lowest performing underlying stock: a 300% upside participation if that stock finishes above its starting price; an absolute-value capped benefit (up to 40%) if it falls but remains ≥60% of starting price; and full downside exposure if it falls below 60% of starting price. All payments are subject to the Bank’s credit risk. The Bank’s estimated value at pricing is $880.00–$903.33 per security.

The Bank of Nova Scotia (BNS) is offering Contingent Income Auto-Callable Securities due on or about May 18, 2029 linked to the common stock of Meta Platforms, Inc. These are senior unsecured notes with $1,000 stated principal per security that pay a $30.40 contingent quarterly coupon (12.16% per annum) only if the underlying closing price on specified determination dates is at or above a downside threshold equal to 70.00% of the initial share price. The notes may be automatically redeemed early if the underlying closing price on a determination date is at or above a call threshold equal to 100.00% of the initial share price. If the final share price is below the downside threshold, the payment at maturity will be the stated principal multiplied by the share performance factor, which may result in a loss of most or all principal. All payments are subject to BNS credit risk. See the prospectus, prospectus supplement and product supplement for full terms.

The Bank of Nova Scotia (BNS) is offering Contingent Income Auto-Callable Securities linked to the common stock of Eli Lilly and Company with a stated principal amount of $1,000.00 per security. The securities pay a contingent quarterly coupon of $30.50 (equivalent to 12.20% per annum) on a determination date when the closing price of the underlying stock is at or above a downside threshold equal to 70.00% of the initial share price. If a determination date (other than the final one) meets or exceeds the call threshold (100.00% of the initial share price), the notes will be automatically redeemed early for the stated principal plus applicable contingent coupons. If the final share price is below the downside threshold, repayment at maturity will be the stated principal multiplied by the share performance factor (final share price divided by initial share price), which could result in a repayment of less than 70.00% of principal and could be as low as zero. Pricing date is May 15, 2026, original issue date is May 20, 2026, and maturity is approximately May 18, 2029. All payments are subject to BNS credit risk; estimated value at pricing is stated between $938.12 and $968.12 per $1,000 stated principal.

The Bank of Nova Scotia is offering $6,000,000 of Autocallable Contingent Coupon Buffer Notes linked to the common stock of Freeport-McMoRan Inc., due May 7, 2027. The notes pay a Contingent Coupon of $13.70 per note on scheduled coupon dates if the Reference Asset’s Closing Value on an Observation Date is at least 70.00% of the Initial Value ($39.59). The notes are automatically called if the Closing Value on any Observation Date equals or exceeds the Initial Value ($56.55), in which case holders receive principal plus applicable coupons. If not called, maturity payment depends on the Final Value relative to the 30.00% buffer; losses accrue at approximately 1.4286% of principal for each 1% the Final Value falls below the buffer in excess of 30%, with possible loss of up to 100% of principal. Initial estimated value was $992.25 per $1,000 principal and the Original Issue Price was 100.00%. All payments are subject to the Bank’s credit risk and the notes are not listed or deposit‑insured.

The Bank of Nova Scotia (BNS) is offering Contingent Income Auto-Callable Securities due on or about May 11, 2029, senior unsecured notes whose payments depend on the worst performing of AAPL, AMZN and GOOGL.

Each security has a stated principal amount of $1,000.00. Investors may receive a contingent quarterly coupon of $37.50 (equivalent to 15.00% per annum) only if all three underlying stocks meet the coupon threshold on a determination date. If the securities are not auto‑redeemed and the final share price of the worst performing stock is below 60.00% of its initial share price, the maturity payment will decline on a 1‑to‑1 basis versus that worst performing stock and could be as low as zero. The pricing date is May 8, 2026 and original issue date is expected to be May 13, 2026. All payments are subject to BNS credit risk; estimated initial value is between $923.95 and $953.95, below the issue price.

The Bank of Nova Scotia is offering $24,000,000 of Autocallable Contingent Coupon Buffer Notes with Memory Coupon linked to shares of Invesco QQQ, Series 1. Each $1,000 note pays a $12.00 contingent coupon on qualifying Observation Dates, can be automatically called if QQQ closes at or above the Initial Value, and matures on May 7, 2027 with cash settlement. The Initial Value was $674.15, the Buffer/Contingent Coupon Barrier Value is $606.74 (90.00% of Initial Value), and the initial estimated value was $995.41 per $1,000, below the Original Issue Price of 100%. If not called, principal protection applies only if Final Value is at or above the Buffer Value; otherwise investors suffer leveraged losses of approximately 1.1111% of principal for each 1% the Final Value is below the Initial Value in excess of 10.00%.

The Bank of Nova Scotia is offering Autocallable Contingent Coupon Buffer Notes with Memory Coupon linked to the shares of Invesco QQQ, Series 1. The notes are senior, unsubordinated and unsecured obligations of the Bank with a $1,000 Principal Amount per note and a minimum investment of $10,000.

The notes can be automatically called if the Reference Asset closes at or above the Initial Value on any Observation Date. Contingent Coupons of $11.90 per note may be paid on scheduled payment dates if the Closing Value is at or above 90.00% of the Initial Value; unpaid coupons may accrue and be paid later if conditions are met. If not called, repayment at maturity depends on the Final Value relative to a 10.00% buffer: if Final Value is at least 90.00% of the Initial Value you receive principal; if below, losses apply on a leveraged basis (approx. 1.1111% principal loss per 1% shortfall beyond 10%).

Key dates: Strike Date May 4, 2026; Trade Date May 5, 2026; Original Issue Date expected May 8, 2026; Final Valuation Date May 5, 2027; Maturity Date May 10, 2027. All payments are cash and are subject to the Bank’s credit risk.

The Bank of Nova Scotia is offering market-linked, auto-callable senior notes (face amount $1,000 per security) linked to the lowest performing of the common stocks of Advanced Micro Devices, Inc., Micron Technology, Inc. and NVIDIA Corporation.

The securities carry no periodic interest, may be automatically called on specified call dates through the final calculation day of May 14, 2029 with payment on the stated maturity date of May 17, 2029, and are exposed to credit risk of the Bank. The original offering price is $1,000 and the Bank's estimated value at pricing is between $900.20 and $930.20. The payout at maturity depends solely on the lowest performing Underlying Stock: an absolute-value upside is available only if that stock is down no more than the buffer amount of 45%; a threshold equal to 55% of the starting price determines when investors begin to suffer 1-to-1 losses, which can be as much as 55% of face amount.

The Bank of Nova Scotia offers Trigger Autocallable Notes linked to the EURO STOXX 50® Index. The Notes have a term of approximately five years with expected trade date May 8, 2026, settlement May 13, 2026 and maturity May 13, 2031. Each Note has a principal amount of $10 and minimum purchase of 100 Notes ($1,000).

The Notes pay no interest and are automatically called on quarterly observation dates (callable after 12 months) if the closing level of the index is equal to or above the call threshold (the initial level). The call return rate will be set on the trade date and is expected to be between 10.00%–10.75% per annum. If not called and the final index level is below the downside threshold (75.00% of the initial level), investors incur full downside market exposure and may lose a significant portion or all principal. All payments are subject to the creditworthiness of BNS. BNSand SCUSA may hedge and act as agents; limited secondary market liquidity is expected.

The Bank of Nova Scotia (BNS) offers Contingent Income Auto-Callable Securities due on or about May 18, 2029

These are senior unsecured notes linked to the common stock of Broadcom Inc. (AVGO) that pay a contingent quarterly coupon of $37.50 (15.00% per annum) only if each determination-date closing price meets or exceeds a downside threshold equal to 60.00% of the initial share price. The notes can be auto-redeemed early if the closing price on a determination date equals or exceeds the call threshold (100.00% of the initial share price). At maturity, if the final share price is below the downside threshold, repayment equals the stated principal multiplied by the share performance factor and may be less than 60.00% of principal, potentially resulting in a substantial or total loss. Issue price is $1,000.00 per security; estimated value on pricing date was between $935.50 and $965.50.

The Bank of Nova Scotia (BNS) is offering $12,000,000 of Buffered Contingent Income Auto-Callable Securities with Memory Coupon and Downside Leverage due May 6, 2027. Each note has a stated principal amount of $1,000, an issue price of $1,000, and a contingent monthly coupon of $11.80 (equivalent to 14.16% per annum) payable only on determination dates when the underlying Invesco QQQ share price is at or above the downside threshold price of $600.966 (90% of the initial share price). The notes may auto‑redeem early if the underlying closing price on a determination date meets or exceeds the call threshold price of $667.74. If not redeemed and the final share price is below the downside threshold, payments at maturity are the cash value calculated by the exchange ratio, exposing investors to downside loss of approximately 1.1111% for each 1% decline below the downside threshold. All payments are unsecured obligations of BNS and subject to its credit risk; BNS’ initial estimated value per note on the pricing date was $995.57, below the issue price.

The Bank of Nova Scotia priced auto-callable, equity-linked senior notes linked to the common stock of Oklo Inc. The securities have a $1,000 face amount per security, an issue date of May 5, 2026 and a stated maturity of May 3, 2029. Payments depend on the Underlying Stock closing prices on scheduled calculation days; a 27.20% per annum contingent coupon may be paid quarterly if the stock closes at or above a coupon threshold equal to 50% of the starting price. The starting price was $72.50, making the coupon and downside thresholds $36.25. If not automatically called, maturity proceeds equal $1,000 if the ending price is at or above the downside threshold; if below, the maturity payment equals $1,000 multiplied by the performance factor, exposing holders to more than 50% principal loss. The Bank's estimated value at pricing was $935.99 (93.599%).

The Bank of Nova Scotia (BNS) priced senior, equity-linked, auto-callable notes (face amount $1,000 each) linked to the lowest performing of Microsoft Corporation common stock and nVent Electric plc ordinary shares. The pricing date was April 30, 2026, issue date May 5, 2026, and stated maturity May 3, 2029. The notes pay no interest and may be automatically called on May 5, 2027 for the face amount plus a 50.00% call premium if the lowest performing underlying closes at or above its starting price on the call date.

If not called, maturity pay depends on the lowest performing underlying on the final calculation day: if above starting price you receive 165% participation in upside; if between 60% and 100% of starting price you receive the face amount; if below 60% you suffer full downside (losses greater than 40%, up to 100%). The Bank’s estimated value at pricing was $912.78 per security and the original offering price was $1,000 per security.

The Bank of Nova Scotia (BNS) is offering $4,295,000 of Autocallable Trigger Notes linked to the least performing of the Nasdaq-100 and the Russell 2000. The notes pay no interest, have a $1,000 principal denomination, a potential automatic call on April 30, 2027 with an 18.00% call premium, and mature on May 4, 2028. If not called, maturity payoff depends on the least performing reference asset: positive returns are multiplied by a 250.00% participation rate, principal is returned if both final levels are >= 75.00% of initial levels, and losses occur dollar-for-dollar below that trigger. Payments are subject to the Bank’s credit risk. The Bank’s initial estimated value was $984.26 per $1,000 note.

The Bank of Nova Scotia (BNS) is offering Trigger Jump Securities with Auto-Callable Feature due May 5, 2032, with an aggregate principal amount of $12,465,000. Each security has a stated principal amount of $1,000 and an issue price of $1,000.

The securities pay no interest, are linked to the worst performing of the Russell 2000® and the S&P 500®, and feature scheduled determination dates that can trigger automatic early redemption for a cash payment corresponding to a 9.60% per annum return. If not redeemed early, the maturity redemption payment is $1,576.00. If the worst performing index falls below its trigger level (80.00% of initial value), investors suffer a 1:1 loss relative to that index’s decline and could lose their entire principal. All payments are subject to the credit risk of BNS.

The Bank of Nova Scotia priced senior, ETF‑linked, auto‑callable securities with a face amount of $1,000 per security and an original offering price of $1,000. The notes pay a contingent coupon of 10.65% per annum monthly if the lowest performing Fund on a calculation day closes at or above its 70% coupon threshold. The notes are linked to the lowest performing of XLE, XLF and XLK, expose holders to full downside below 60% of each Fund's starting price, mature May 3, 2029, and are subject to the Bank's credit risk. The Bank's estimated value at pricing was $924.12 (92.412%) per security; total originally offered face amount shown is $1,265,000.

The Bank of Nova Scotia is offering $5,126,000 of Buffered Enhanced Participation Notes linked to the least performing of the iShares MSCI EAFE ETF (EFA Fund) and the EURO STOXX 50 Index (SX5E). For each $1,000 principal amount, the notes mature on May 5, 2028 and pay an amount tied to the least performing reference asset on the valuation date (May 2, 2028). If both reference assets finish above their initial levels, holders receive principal plus 154.00% of the least performing reference asset return. A 10.00% buffer applies: if a reference asset falls below 90.00% of its initial level, the holder suffers losses equal to the negative return in excess of the buffer, up to a potential loss of 90.00% of principal. Payments are unsecured obligations of the Bank and subject to its credit risk. The Bank’s initial estimated value was $963.69 per $1,000 principal amount and the original issue price is 100%.

The Bank of Nova Scotia priced a senior note offering: a series of market-linked, auto-callable senior notes (face amount $1,000 per security) linked to the lowest performing share of AMD, Broadcom, Goldman Sachs and NVIDIA, with a 25.50% per annum contingent coupon and maturity May 3, 2029.

Payments depend solely on the lowest performing underlying on quarterly calculation days; coupons are paid only if that lowest performer is at or above 60% of its starting price. If not auto-called, investors face full downside exposure below the 60% threshold and may lose more than 40% of principal. All payments are subject to the Bank's credit risk. The Bank's estimated value at pricing was $933.72 per security; original offering price was $1,000.

The Bank of Nova Scotia (BNS) is offering $3,130,000 of Performance Leveraged Upside Securities (PLUS) linked to the Russell 2000® Index due August 4, 2027. Each PLUS has a stated principal amount of $1,000 and a 300.00% leverage factor on positive index performance, capped at a maximum payment of $1,220.40 per PLUS (a 22.04% maximum gain). If the final index value is below the initial index value, investors are exposed 1:1 to declines and may lose up to their entire principal. Payments depend on BNS’ creditworthiness; the initial estimated value per PLUS on the pricing date was $972.30 while the issue price was $1,000.00, reflecting fees and structuring costs.

The Bank of Nova Scotia (BNS) is offering $19,170,000 of Dual Directional Buffered PLUS notes linked to the S&P 500® Index due May 3, 2028. Each note has a $1,000 stated principal amount, an upside leverage factor of 150.00% capped at a maximum upside gain of 18.02% (maximum payment $1,180.20) and a 10.00% buffer. If the final index value is down by no more than 10.00% versus the initial index value, holders receive an absolute positive return equal to the absolute decline (up to +10.00%). If the final index value falls more than 10.00%, holders lose 1% for each 1% below the buffer and could lose up to 90.00% of principal. Payments are subject to BNS credit risk, there is no coupon, and the initial estimated value ($964.50) is below the issue price ($1,000.00), reflecting distribution and structuring costs.

The Bank of Nova Scotia (BNS) is offering Enhanced Trigger Jump Securities with Auto-Callable Feature due May 4, 2028, linked to the worst performing of Seagate (STX) and Western Digital (WDC). The securities have a stated principal amount of $1,000 and an aggregate offering of $2,254,000. They pay no interest and may auto-redeem early for fixed early redemption payments corresponding to a 48.12% per annum return if both underlyings meet specified levels on a determination date. At maturity, if all final share prices equal or exceed trigger prices (60% of initial prices), each security pays a maturity redemption payment of $1,962.40. If not redeemed and any final share price of the underlying stocks is below its trigger price, the investor’s payment equals $1,000.00 plus the underlying return of the worst performing stock, exposing investors to a 1:1 downside and potential loss of up to the entire investment. All payments are subject to BNS credit risk and the securities will not be listed.

The Bank of Nova Scotia is offering $737,000 aggregate of digital notes linked to the least performing of the Russell 2000® and the S&P 500®. Each note has a $1,000 principal amount and matures on May 4, 2028.

If both reference indices finish at or above their initial levels (RTY 2,799.905; SPX 7,209.01), each $1,000 note pays a capped $1,120 at maturity. If any reference index finishes below its initial level, the holder receives $1,000. The notes pay no interim interest, their value depends on the Bank’s creditworthiness, and the Bank’s initial estimated value at pricing was $975.27 per $1,000.

The Bank of Nova Scotia is offering $569,000 of Buffered Index‑Linked Notes linked to the S&P 500® Index due August 4, 2027. The notes pay no interest and return at maturity is tied to the S&P 500® price return from the trade date April 30, 2026 (initial level 7,209.01) to the valuation date July 30, 2027. Investors receive a capped upside (maximum payment $1,142.50 per $1,000, i.e., 114.25%) if the final level rises, an absolute‑return feature for declines up to 10.00% (buffer level = 90.00% of initial), and suffer losses for declines beyond the buffer (up to 90.00% loss of principal). Payments depend on the Bank’s creditworthiness and the notes will not be listed. The original issue price is 100.00% per note; underwriting commission is 0.50%.

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 aggregate original issue amount is $888,000 with a principal amount of $1,000 per note. The trade date is April 30, 2026, the valuation date is November 1, 2027, and the maturity date is November 4, 2027.

For each $1,000 principal, the notes provide a participation rate of 120.00%, a buffer level of 90.00% (i.e., a 10.00% buffer), and a maximum upside payment of $1,310.00 per $1,000. If the least performing reference asset finishes below the buffer level, losses apply and you may lose up to 90.00% of principal. Payments depend on the Bank’s creditworthiness and the notes do not pay interest or dividends prior to maturity.

The Bank of Nova Scotia (BNS) is offering $9,192,000 of Buffered PLUS notes linked to the EURO STOXX 50® Index, with a stated principal of $1,000 per note and an issue price of $1,000.

The notes mature on November 3, 2028 (valuation date October 31, 2028) and pay no interest. They provide a 200.00% leverage factor on positive index returns up to a maximum payment of $1,292.00 (129.20% of principal) and a 15.00% buffer against limited losses; investors may lose up to 85.00% of principal if the index falls beyond the buffer. All payments are subject to BNS credit risk and the notes will not be exchange-listed.

The Bank of Nova Scotia (BNS) is offering $3,005,000 of Trigger Performance Leveraged Upside Securities ("Trigger PLUS") linked to the S&P 500® Index due May 5, 2032. Each note has a stated principal amount of $1,000, an issue price of $1,000 and an initial estimated value of $941.30. The notes provide a leveraged upside equal to 106.13% of the index return if the final index value exceeds the initial index value (initial index value: 7,209.01; trigger level: 6,127.6585 or 85% of the initial index value).

The Trigger PLUS are senior unsecured debt of BNS, pay no interest, do not provide dividends, and are principal‑at‑risk: if the final index value is below the trigger level, investors suffer a 1:1 loss with the index and could lose up to their entire investment. All payments depend on BNS’ creditworthiness and there may be little or no secondary market. Commissions/fees total $35.00 per $1,000 stated principal (proceeds to issuer per note: $965.00).

The Bank of Nova Scotia is offering $5,265,000 of Autocallable Contingent Coupon Buffer Notes with Memory Coupon linked to the common stock of Caterpillar Inc. (Reference Asset). The notes pay contingent coupons of $55.30 per note on observation dates when the Closing Value is at least 85.00% of the Initial Value and will be automatically called if the Closing Value on any Observation Date is equal to or greater than the Initial Value. If not called, principal protection applies only if the Final Value is at least 85.00% of the Initial Value ($756.22); otherwise losses apply on a leveraged basis (approximately 1.1765% principal loss per 1% decline below the 15.00% buffer, up to a 100% loss. Trade Date: May 1, 2026; Original Issue Date: May 6, 2026; Maturity Date: May 19, 2027. All payments are unsecured and subject to the Bank's credit risk.

The Bank of Nova Scotia is offering Autocallable Contingent Coupon Buffer Notes with Memory Coupon linked to the common stock of Freeport-McMoRan Inc. The Notes have a $1,000 principal amount per note, a Contingent Coupon of $13.70 per note on qualifying Observation Dates, and a Buffer Amount of 30.00% (Buffer Value $39.59 based on an Initial Value of $56.55). If the Closing Value on any Observation Date before the Final Valuation Date equals or exceeds the Initial Value the Notes will be automatically called for principal plus any due Contingent Coupon. If not called, payment at maturity depends on the Final Value: holders receive principal if Final Value is at or above the Buffer Value, but if Final Value is below the Buffer Value the investor bears leveraged downside (approximately 1.4286% loss of principal per 1% decline beyond the 30% buffer). The Notes are senior unsecured obligations of the Bank, carry the Bank’s credit risk, are not insured, are not listed, have a minimum investment of $10,000, and mature on May 7, 2027 unless called earlier.

The Bank of Nova Scotia priced $5,663,000 of Autocallable Contingent Coupon Buffer Notes linked to Alphabet Inc. Class A common stock. The Notes have a $1,000 principal per note, a Contingent Coupon of $40.50 per applicable Observation Date, an Initial Value of $385.69 and a Buffer Value of $327.84 (85.00%). Observation Dates occur quarterly with a Final Valuation Date of May 14, 2027 and Maturity on May 19, 2027. Notes may be automatically called if the Reference Asset closes at or above the Initial Value on an Observation Date. If not called, principal protection applies only if the Final Value is at or above the Buffer Value; otherwise losses accrue on a leveraged basis (approx. 1.1765% loss per 1% shortfall beyond the 15% buffer). Payments are unsecured obligations of the Bank and are subject to its credit risk.

The Bank of Nova Scotia is offering Autocallable Contingent Coupon Buffer Notes (Series 1) linked to Invesco QQQ, maturing May 7, 2027. The Notes pay a $12.00 contingent coupon on an Observation Date if the closing value of QQQ is at least 90% of the Initial Value, and will be automatically called if QQQ closes at or above the Initial Value on any Observation Date. If not called, principal protection applies only if the Final Value is at or above 90.00% of the Initial Value; otherwise investors suffer leveraged downside (approximately 1.1111% loss of principal per 1% below the Buffer Amount) and may lose up to 100% of principal. Initial estimated value on the Trade Date is between $965.41 and $995.41 per $1,000 principal; Original Issue Price is 100%. Trade Date is expected May 4, 2026, Original Issue Date May 7, 2026, Strike Date was May 1, 2026. Minimum investment is $10,000.

The Bank of Nova Scotia (BNS) is offering Buffered Contingent Income Auto-Callable Securities with Memory Coupon and Downside Leverage due May 7, 2027, linked to shares of the Invesco QQQ Trust, Series 1. Each security has a $1,000 stated principal amount and a contingent monthly coupon of $11.90 (equivalent to 14.28% per annum) that is payable only if the underlying closing price on a determination date is at or above the downside threshold price of $606.735 (90% of the initial share price). The call threshold and initial share price are $674.15 (100%). If not called and the final share price is below the downside threshold, investors receive a cash value that declines by approximately 1.1111% for each 1% the final share price falls below the downside threshold and could lose their entire investment. All payments are subject to BNS credit risk. The pricing-date estimated value range was $964.55–$994.55, below the $1,000 issue price.

The Bank of Nova Scotia priced senior note securities linked to the lowest performing of Amazon.com, Inc., The J. M. Smucker Company and United Parcel Service, Inc.. The securities have a contingent coupon rate of 19.70% per annum, quarterly if the lowest performing stock closes at or above 70% of its starting price on each calculation day.

The face amount and original offering price are $1,000 per security, with the Bank's estimated value on the pricing date equal to $937.41 per security. The securities mature on May 3, 2029, may be automatically called early if the lowest performing stock closes at or above its starting price on specified quarterly calculation days, and expose holders to principal loss if the final ending price of the lowest performing stock is below its downside threshold of 70% of its starting price.

The Bank of Nova Scotia priced senior note securities linked to the lowest performing of the VanEck® Gold Miners ETF (GDX) and the iShares® Silver Trust (SLV). The securities have a face amount of $1,000, a 21.15% per annum contingent coupon payable quarterly only if the lowest performing Fund on a calculation day is at or above 70% of its starting price, are auto-callable on quarterly observations from October 2026 through January 2029 if the lowest performing Fund is at or above its starting price, and mature April 27, 2029. If not called, principal at maturity depends on the lowest performing Fund’s ending price versus a 70% downside threshold; a decline below that threshold results in proportional loss of principal. All payments are subject to the Bank’s credit risk. The Bank’s estimated value at pricing was $969.41 per security.

The Bank of Nova Scotia priced senior, auto-callable, equity-linked notes (face amount $1,000 each) linked to the lowest performing of META, NVDA, ORCL and TSLA. The notes pay no interest and may be automatically called on scheduled call dates for a fixed call premium that increases on each call date (first-year simple return 36.00% p.a., final call premium 180.00%).

If not called, holders receive at maturity either the face amount or a reduced payment depending on the ending price of the lowest performing underlying: a 40% buffer protects declines up to that amount, but losses can reach 60% of face if the lowest performing stock falls below its 60% threshold. The Bank's estimated value at pricing was $910.66 per security; original offering price was $1,000. Scotia Capital (USA) Inc. and Wells Fargo are agents in the distribution; proceeds to the Bank for this tranche were $2,061,081.75.

The Bank of Nova Scotia is offering $2,437,000 of Autocallable Contingent Coupon Notes with Memory Coupon linked to the common stock of Constellation Energy Corporation. Each Note has a $1,000 principal amount and an Initial Value of $313.00.

The Notes pay a Contingent Coupon of $34.375 per Note (equal to 13.75% per annum) on scheduled Contingent Coupon Payment Dates if the Reference Asset meets the Contingent Coupon Barrier Value ($156.50, 50% of Initial Value). The Notes are automatically called if the Reference Asset closes at or above the Initial Value on any Call Observation Date. If not called, maturity is May 4, 2028; repayment is cash of the Principal Amount if the Final Value is at or above the Barrier Value, otherwise physical delivery of approximately 3.1949 shares per Note, exposing investors to up to 100% principal loss. The Trade Date was April 30, 2026 and Original Issue Date/settlement is May 5, 2026. The Bank’s initial estimated value was $962.38 per $1,000, below the Original Issue Price.

The Bank of Nova Scotia is offering $2,913,000 of Autocallable Contingent Barrier Return Enhanced Notes due May 3, 2029. The notes are unsecured senior obligations linked to the Least Performing Reference Asset among Microsoft, Netflix and NVIDIA. They pay no interest, have a 300.00% Participation Rate for positive final performance, an automatic call feature on May 6, 2027 with a $460.00 Call Premium (46.00%), and a Barrier set at 60.00% of each Initial Value. The initial estimated value was $911.54 per $1,000 Principal Amount; Original Issue Price was 100.00%. The notes are subject to the Bank’s credit risk, potential illiquidity and complex tax treatment.

The Bank of Nova Scotia priced a $1,000 face-amount market-linked senior note offering with an aggregate original offering amount of $800,000. The securities are auto-callable on the first call date for a $500 call premium (50.00% of face) and otherwise pay a maturity amount linked to the lowest performing of Broadcom Inc. and nVent Electric plc. If not called and the lowest performing underlying finishes above its starting price, investors receive 210% participation of that upside; if the lowest performing underlying finishes between 60% and 100% of its starting price, investors receive the face amount; if it finishes below 60% of its starting price, investors suffer full downside and may lose more than 40% or all of the face amount. The Bank’s estimated value at pricing was $920.36 per security and all payments are subject to the Bank’s credit risk. The securities pay no periodic interest and have limited or no liquidity.

The Bank of Nova Scotia is offering $2,047,000 of Autocallable Contingent Barrier Return Enhanced Notes linked to the least performing common stock of Blackstone Inc. (BX) and KKR & Co. Inc. (KKR). The notes pay no interest, may be automatically called on May 6, 2027 for a cash repayment of principal plus a $227.50 Call Premium (22.75%), and mature on May 3, 2029 if not called. At maturity the Payment depends on the Least Performing Reference Asset: a positive return pays 300.00% participation in any gain; if the Final Value is between the Initial Value and the Barrier Value (50.00% of Initial Value) you receive principal; if below the Barrier you suffer losses up to 100% of principal. The Trade Date was April 30, 2026 and the Original Issue Price was 100.00% per $1,000 note; the bank’s initial estimated value was $931.94 per $1,000.

The Bank of Nova Scotia is offering Autocallable Contingent Coupon Notes linked to the common stock of Intuit Inc. in an aggregate principal amount of $810,000. The notes pay contingent coupons of $42.125 per note (equal to 16.85% per annum) when the Reference Asset meets the Contingent Coupon Barrier on scheduled observation dates and will be automatically called if the Reference Asset closes at or above the Initial Value on any Call Observation Date.

If not called, the Payment at Maturity depends solely on the Reference Asset Return measured from the Initial Value of $388.50 to the Final Value on April 30, 2029. A Barrier Value of $194.25 (50% of the Initial Value) applies: if Final Value is below this barrier, investors suffer a loss equal to the Reference Asset depreciation and may lose up to 100% of principal. Trade Date was April 30, 2026 and Original Issue Date May 5, 2026. All payments are unsecured obligations of the Bank and subject to its credit risk.