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 equity‑linked senior notes linked to the common stock of Tesla, Inc. The notes pay a contingent monthly coupon (rate to be set on the pricing date, at least 18.25% per annum), are auto‑callable if Tesla's closing price on certain monthly calculation days is at or above the starting price, and mature on May 21, 2027. If not called, principal repayment at maturity depends on the ending price versus a downside threshold equal to 70% of the starting price; if the ending price is below that threshold investors can lose more than 30% (up to all) of face amount. All payments are subject to the Bank's credit risk.
The Bank of Nova Scotia is offering capped buffered index-linked notes due December 2, 2027 linked to the least performing of the Russell 2000® and the S&P 500®.
The notes pay no interest and pay at maturity based on the least performing reference asset from the trade date (expected May 29, 2026) to the valuation date (expected November 29, 2027). The participation rate is 120.00%, the buffer is 10.00% (90.00% buffer level), and the maximum upside payment is expected to be at least $1,300 per $1,000 principal. You may lose up to 90.00% of principal; payments are subject to the Bank’s credit risk. The initial estimated value is expected between $925.00 and $965.00 per $1,000 principal.
The Bank of Nova Scotia is offering Capped Buffered Enhanced Participation Notes linked to the Russell 2000® Index with an expected trade date of May 29, 2026, an expected valuation date of February 29, 2028, and an expected maturity date of March 3, 2028. The notes pay no interest; at maturity holders receive a payoff that (1) participates at 150.00% on positive reference-asset returns up to a capped $1,257.50 per $1,000 principal amount, (2) return principal if the reference-asset decline is up to 10.00%, or (3) suffer losses beyond the buffer (losing up to 90.00% of principal) if the final level is more than 10.00% below the initial level. The initial estimated value range is $925.00 to $965.00 per $1,000 principal amount and the original issue price is 100.00%. All payments are subject to the Bank’s credit risk.
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® with expected trade date May 28, 2026 and expected maturity December 2, 2027. For each $1,000 principal, the notes pay at maturity based on the least performing reference asset return with a 120.00% participation rate, a 10.00% buffer (buffer level = 90.00% of initial level) and a capped upside expected to be at least $1,210.00 per $1,000. If the least performing reference asset falls below the buffer level, investors suffer losses equal to the asset return in excess of the 10.00% buffer (up to a 90.00% loss of principal). The notes are senior, unsecured obligations of the Bank and are subject to the Bank’s credit risk. The initial estimated value at pricing is stated as between $925.00 and $965.00 per $1,000, below the original issue price.
The Bank of Nova Scotia is offering Buffered Enhanced Participation Notes due June 2, 2028, linked to the least performing of the shares of the iShares® MSCI EAFE ETF (EFA) and the EURO STOXX 50® Index (SX5E). For each $1,000 principal amount, payment at maturity depends on the least performing reference asset return measured from the trade date (expected May 29, 2026) to the valuation date (expected May 30, 2028). The participation rate will be set on the trade date and is expected to be at least 154.00%. Each reference asset has a buffer level of 90.00% (buffer percentage 10.00%): if the least performing reference asset falls below 90.00% of its initial level, losses apply and you may lose up to 90.00% of principal. The original issue price is 100%; the Bank’s initial estimated value is expected to be between $925.00 and $965.00 per $1,000 principal amount. Payments are subject to the Bank’s credit risk and there will be no periodic interest or dividends; secondary market liquidity is limited.
The Bank of Nova Scotia is offering buffered index-linked notes linked to the S&P 500® Index due September 2, 2027. The notes provide a 10.00% buffer on losses at maturity and a capped upside (expected minimum cap of $1,095.00 per $1,000 principal). If the final index level is down more than 10.00% from the initial level, investors suffer losses equal to the index decline in excess of 10.00% (you may lose up to 90.00% of principal). The notes pay no interest and are unsecured obligations of the Bank. Trade date is expected to be May 28, 2026, valuation date August 30, 2027, and expected settlement/maturity around June 2, 2026 and September 2, 2027, respectively. The Bank estimates an initial value of $925.00–$965.00 per $1,000 principal amount; the original issue price is 100.00% and distribution fees/commissions and hedging costs are deducted from economic terms. Payments depend on the Bank’s creditworthiness and the specific pricing supplement ("Subject to Completion").
The Bank of Nova Scotia is offering senior, unsecured, equity-linked notes linked to the common stock of CoreWeave, Inc. with an original offering price and face amount of $1,000 per security. The notes are auto-callable from November 2026 through February 2029, pay a contingent quarterly coupon (with memory) if the Underlying Stock closes at or above a coupon threshold equal to 50% of the starting price, and mature on May 23, 2029 if not called.
The contingent coupon rate will be set on the pricing date and will be at least 23.50% per annum. If not called, holders receive the face amount at maturity only if the ending price is at or above the downside threshold (50% of the starting price); otherwise the maturity payment equals $1,000 × (ending price / starting price), potentially resulting in a loss of more than 50% of principal. All payments are subject to the Bank’s credit risk and the securities are not insured.
The Bank of Nova Scotia is offering market-linked, auto-callable senior notes linked to the common stock of Palantir Technologies Inc. (the "Underlying Stock") with a face amount of $1,000 per security and an original offering price of $1,000 per security. The securities pay a contingent coupon (with memory) at a rate to be set on the pricing date and at least 15.00% per annum, payable quarterly only if the Underlying Stock on each calculation day is at or above the coupon threshold (equal to 50% of the starting price). The securities are subject to automatic call if the stock closing price on any quarterly calculation day from November 2026 to February 2029 is greater than or equal to the starting price, and otherwise pay a maturity amount that is either the face amount or the face amount multiplied by the performance factor (ending price/starting price). If the ending price is below the downside threshold (equal to 50% of the starting price), holders may lose more than 50% of principal. All payments are subject to the Bank's credit risk. The Bank's estimated value at pricing is between $921.30 and $951.30 per security.
The Bank of Nova Scotia (BNS) is offering 3,096,611 autocallable notes linked to the Russell 2000 Index with a $10 principal amount per unit and a pricing date of April 23, 2026. The public offering price is $10.00 per unit (aggregate $30,966,110), and BNS's estimated initial value on the pricing date was $9.59 per unit. The notes may be automatically called on annual Observation Dates if the Index is at or above the Call Level (100% of the Starting Value). Call Amounts range from $10.901 (first year) to $14.505 (final year). If not called, principal is returned at maturity only if the Ending Value is at or above the Threshold Value (85.00% of the Starting Value 2,358.832); otherwise holders have 1-to-1 downside beyond the 15.00% threshold. Payments are unsecured and subject to BNS credit risk; there is no periodic interest and limited secondary-market liquidity.
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, an expected trade date of May 28, 2026, an expected original issue date of June 2, 2026 and an expected maturity date of September 2, 2027. Coupon payments depend on observation-date closing prices relative to a 70.00% coupon barrier/trigger price. Notes may be automatically called on observation dates from November 2026 through May 2027 if the reference asset’s closing price is equal to or above the initial price; on an automatic call, holders receive $1,000 plus any contingent coupon due. If not called, final payment at maturity is $1,000 if final price is ≥70.00% of the initial price, or $1,000×(1+reference asset return) if final price is <70.00%, exposing investors to up to a 100% loss of principal. Payments are subject to the Bank’s credit risk and the notes will not be listed on an exchange.
The Bank of Nova Scotia is offering $22,890,700 of Trigger Autocallable Contingent Yield Notes linked to the least performing of the Nikkei 225 and the Russell 2000.
Each Note has a $10 principal amount, a 9.02% per annum contingent coupon payable only if both underliers meet coupon barriers on observation dates, is callable quarterly after 12 months, and repays principal at maturity only if the least performing index is at or above its 60% downside threshold; otherwise investors can suffer significant or total loss and are exposed to BNS credit risk.
The Bank of Nova Scotia is offering $2,155,000 in Trigger Autocallable Contingent Yield Notes linked to the common stock of General Electric Company due April 29, 2027. The Notes pay a contingent coupon of 9.70% per annum on scheduled coupon payment dates only if the closing level of GE on the applicable observation date is equal to or greater than the coupon barrier. The Notes are automatically called early if GE’s closing level on any observation date prior to the final valuation date is equal to or greater than the initial level, in which case holders receive principal plus the contingent coupon on the related call settlement date.
The Notes repay principal at maturity only if the final level is equal to or greater than the downside threshold of $169.40 (60.00% of the initial level of $282.34); if the final level is below that threshold, holders suffer a loss proportionate to GE’s decline and could lose their entire investment. All payments, including any principal repayment, are subject to the creditworthiness of BNS. The initial estimated value on the trade date was $9.76 per $10.00 Note.
The Bank of Nova Scotia (BNS) is issuing 1,338,034 units of Leveraged Index Return Notes® linked to the EURO STOXX 50® with a $10 principal per unit. The notes were priced on April 23, 2026, settle on April 30, 2026, and mature on April 25, 2031. The public offering price is $10.00 per unit (total $13,380,340), and proceeds to BNS before expenses are $9.75 per unit ($13,045,831.50). The notes provide 186.00% participation in upside above the Starting Value (5,894.73) and 1-to-1 downside exposure, with up to 100% of principal at risk. There are no periodic interest payments; all payments occur at maturity and are subject to BNS credit risk. The initial estimated value on the pricing date was $9.36 per unit, reflecting the issuer’s internal funding rate and charges, including a $0.25 underwriting discount and a $0.05 hedging-related charge. The notes are unsecured, not exchange-listed, and carry limited secondary-market liquidity.
The Bank of Nova Scotia is offering Performance Leveraged Upside Securities (PLUS) linked to the Russell 2000® Index. Each PLUS has a stated principal amount of $1,000.00 and an issue price of $1,000.00. The notes mature on or about August 4, 2027 with a valuation date of July 30, 2027. The PLUS provide a 300.00% leverage factor on positive index returns up to 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, holders suffer a one-for-one loss in the underlying return and may lose up to their entire investment. All payments are subject to the credit risk of BNS. BNS estimated the PLUS initial value between $943.74 and $973.74 and distribution fees total $22.50 per $1,000 stated principal.
The Bank of Nova Scotia is offering 911,177 autocal lable market-linked step up notes linked to the Nasdaq-100 Index® with a $10 principal amount per unit. The notes mature April 28, 2028, with an Observation Date on April 30, 2027 that triggers an automatic call at $11.315 per unit (principal plus $1.315 Call Premium) if the Index is at or above the Call Level. If not called, holders receive a $2.00 Step Up Payment if the Ending Value is at or above the Starting Value, 1-to-1 participation above the Step Up Value, and full downside exposure to declines in the Index. The public offering price is $10.00 per unit; the issuer received $9.825 per unit before expenses. Payments are unsecured and depend on BNS creditworthiness; there is limited secondary market liquidity.
The Bank of Nova Scotia (BNS) priced an offering of 2,330,208 units of Autocallable Strategic Accelerated Redemption Securities linked to the S&P 500® Index. Each unit has a $10 principal amount, a public offering price of $10.00 and an initial estimated value of $9.60 as of the April 23, 2026 pricing date. The notes mature on April 30, 2032 if not automatically called earlier on scheduled Observation Dates. If an Observation Level is at or above the Call Level (the Starting Value of 7,108.40), the notes will be redeemed early at predetermined Call Amounts, with Call Premiums ranging from 8.23% to 49.38%. If the notes are not called and the Ending Value is below the Threshold Value, investors may lose up to 100% of principal. The offering includes an underwriting discount of $0.20 per unit and a hedging-related charge of $0.05 per unit; all payments are subject to BNS credit risk.
The Bank of Nova Scotia (BNS) is offering 6,721,314 units of Capped Leveraged Index Return Notes linked to the S&P 500® Index with a $10 principal per unit. Pricing date was April 23, 2026 and scheduled settlement April 30, 2026; maturity is April 28, 2028. The notes provide 2-to-1 participation in Index gains up to a capped return of 18.02% (Capped Value $11.802 per unit). If the Index at maturity is between the Starting Value and the Threshold Value (90.00% of Starting Value), investors receive principal; below the Threshold Value they suffer 1-to-1 downside beyond the 10.00% buffer. The Starting Value was 7,108.40. The public offering price is $10.00 per unit (aggregate $67,213,140), the initial estimated value on the pricing date was $9.55 per unit, and disclosed fees include an underwriting discount of $0.20 and a hedging-related charge of $0.05 per unit. Payments occur at maturity and are subject to BNS credit risk and limited secondary market liquidity.
The Bank of Nova Scotia offered $6,215,000 aggregate principal of digital notes linked to the S&P 500® Index, trade date April 23, 2026, original issue date April 28, 2026 and maturity June 28, 2028. Each note has a $1,000 principal amount and pays at maturity based on the index final level on the valuation date June 26, 2028.
If the final level is at least 85.00% of the initial level (initial level 7,108.40), holders receive a capped payment of $1,188.00 per $1,000. If the final level is below that threshold, losses apply with a buffer rate of approximately 117.65%, and investors may lose up to their entire principal. Payments are unsecured and subject to the Bank's creditworthiness.
The Bank of Nova Scotia is offering 3,748,522 units of Autocallable Strategic Accelerated Redemption Securities linked to the Russell 2000® Index, each with a $10.00 principal amount. The notes mature on April 27, 2029 unless automatically called on scheduled Observation Dates. If called, per-unit Call Amounts are $11.271, $12.542 and $13.813 on the first, second and final Observation Dates respectively. If not called, holders have 1-to-1 downside exposure to declines in the Index and may lose up to 100.00% of principal. The public offering price is $10.00 per unit, the underwriting discount is $0.20 per unit, and an estimated hedging-related charge of $0.05 per unit reduced the notes' initial estimated value of $9.64 per unit on the pricing date.
The Bank of Nova Scotia is offering senior, unsecured, auto-callable market-linked notes linked to the lowest performing of the VanEck® Gold Miners ETF and the iShares® Silver Trust. The securities have an $1,000 face amount and an Original Offering Price $1,000 per security, with an Issue Date of May 5, 2026 and a stated maturity of April 27, 2029, subject to postponement.
The notes pay a quarterly contingent coupon only if the lowest performing Fund's fund closing price on the relevant calculation day is at or above a coupon threshold equal to 70% of its starting price; the contingent coupon rate will be set on the pricing date and will be at least 21.15% per annum. The notes may be automatically called on quarterly calculation days (Oct 2026 through Jan 2029) if the lowest performing Fund closes at or above its starting price, in which case holders receive the face amount plus a final contingent coupon payment. If not called, maturity payment depends on the lowest performing Fund's ending price on the final calculation day; a decline below the downside threshold (equal to 70% of starting price) can result in a loss of more than 30% of the face amount. The Bank's estimated value at pricing is between $927.22 and $957.22 per security.
The Bank of Nova Scotia is offering $500,000 aggregate of Fixed Coupon Trigger Notes linked to an American depositary receipt of Sony Group Corporation due October 26, 2027. The notes pay quarterly coupons of $246.25 per $10,000 principal (2.4625% quarterly; 9.85% per annum) beginning July 24, 2026. If the final price of the ADR on the valuation date is at least 80.00% of the initial price ($20.84), holders receive $10,000 per note at maturity; if below 80.00%, holders receive a share delivery amount (or cash in lieu), exposing principal to loss. The Bank’s initial estimated value was $9,619.60 per $10,000 principal, below the original issue price. Payments depend on the Bank’s creditworthiness.
The Bank of Nova Scotia offers $1,750,000 aggregate Fixed Coupon Trigger Notes linked to ServiceNow, Inc. common stock due October 26, 2027. The notes pay quarterly coupons of $425 per $10,000 principal (4.25% quarterly, 17.00% per annum) beginning July 24, 2026.
At maturity the investor receives $10,000 per note if the final price is at least 70.00% of the initial price ($103.07 initial). If the final price is below 70.00% of the initial price, holders receive a share delivery amount equal to $10,000 divided by the initial price (shares, with cash for any fractional share), producing a value that will be less than 70.00% of principal as of the valuation date. The initial estimated value on the trade date was $9,825.60 per $10,000 principal, below the original issue price. Payments are unsecured obligations of the Bank and subject to its credit risk; the notes will not be listed.
The Bank of Nova Scotia issued $1,000,000 of Fixed Coupon Trigger Notes linked to the common stock of Workday, Inc. The notes pay quarterly coupons of 4.285% (equivalent to 17.14% per annum) and mature on October 26, 2027. The initial price per $10,000 note is 100.00% and the Bank’s initial estimated value was $9,785.50 per $10,000 principal amount. The notes reference an initial price of $126.60 (closing price on the trade date) and include a trigger price equal to 75.00% of the initial price. At maturity you receive $10,000 in cash if the final price is equal to or above the trigger; otherwise you receive a share-delivery amount (calculated as $10,000 divided by the initial price), exposing principal to the reference stock and the Bank’s credit risk.
The Bank of Nova Scotia priced a $1,250,000 offering of Fixed Coupon Trigger Notes linked to the common stock of Guidewire Software, Inc. (initial price $142.99) maturing October 26, 2027. Each $10,000 note pays quarterly coupons of $425.00 (4.25% quarterly, 17.00% per annum). At maturity, holders receive $10,000 in cash if the final price is at least 80.00% of the initial price; otherwise holders receive a share delivery amount equal to $10,000 divided by the initial price, exposing principal to equity downside.
The offering is unsecured, not listed, subject to the Bank’s credit risk and may deliver shares (or cash in lieu of fractional shares). The pricing supplement discloses an initial estimated note value of $9,700.10 per $10,000 principal amount and underwriting commissions of 1.12%.
The Bank of Nova Scotia is offering market‑linked senior notes that are auto‑callable and linked to the lowest performing of Broadcom Inc. and nVent Electric plc. Each security has a face amount of $1,000. If the lowest performing Underlying Stock on the call date meets or exceeds its starting price, the notes will be automatically called for the face amount plus a 50.00% call premium ($500). If not called, at maturity the payment depends on the lowest performing Underlying Stock: upside participation of at least 210% on positive returns, full return of face amount if the ending price is ≥60% of the starting price, or full downside exposure (losses greater than 40%) if the ending price is below 60% of the starting price. The Bank’s estimated value on the cover ranges from $893.09 to $923.09 per security. Payments are subject to the Bank’s credit risk; no periodic interest or dividends will be paid.
The Bank of Nova Scotia is offering Autocallable Contingent Barrier Return Enhanced Notes linked to the least performing common stock of Microsoft, Netflix and NVIDIA. Each Note has a $1,000 principal, a 300.00% Participation Rate, an automatic call feature with a minimum Call Premium of $460.00, a Barrier at 60% of Initial Value and a Final Valuation Date of April 30, 2029. Payments are unsecured and subject to the Bank's credit risk; the Notes pay no periodic interest and may return less than principal at maturity if the least performing Reference Asset falls below the Barrier.
The Bank of Nova Scotia is offering Trigger Autocallable Contingent Yield Notes linked to General Electric Company stock due April 29, 2027. The Notes pay a 9.70% per annum contingent coupon only if closing levels meet the coupon barrier on observation dates, are subject to automatic early call if the underlying equals or exceeds the initial level, and repay principal at maturity only if the final level is at or above the downside threshold of $169.40 (60.00% of the initial level). The Notes are unsecured obligations of BNS, not exchange-listed, have limited liquidity, carry issuer credit risk, and have an initial issue price of $10.00 per Note (minimum investment 100 Notes). BNS’ initial estimated value range on the trade date is $9.44–$9.74 per Note, below the issue price; investors may lose a significant portion or all of their investment.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Notes linked to the common stock of The Goldman Sachs Group, Inc. The notes are senior, unsecured obligations of the Bank with a $1,000 Principal Amount per note and an Original Issue Price of 100%. The notes may be automatically called if the Reference Asset closes at or above its Initial Value on any Call Observation Date. If not called, contingent coupons of at least $31.25 per note (equal to 12.50% per annum) may pay on specified observation/payment dates when the Reference Asset closes at or above a Contingent Coupon Barrier Value equal to 70.00% of the Initial Value. At maturity, if the Final Value is below the Barrier Value (70% of Initial Value), investors suffer losses equal to the Reference Asset depreciation and may lose up to 100% of principal. Trade Date is April 27, 2026, Original Issue Date April 30, 2026, Final Valuation Date April 27, 2029 and Maturity Date May 2, 2029. All payments are subject to the Bank's credit risk.
The Bank of Nova Scotia proposes senior unsecured, equity-linked senior notes with a $1,000 face amount tied to the lowest performing of Meta, NVIDIA, Oracle and Tesla. The notes are auto-callable on scheduled call dates through May 5, 2031 and offer fixed call premiums if the lowest performing stock closes at or above its starting price on a call date. If not called, a 40% buffer protects against declines up to that amount; declines beyond the buffer produce 1-for-1 losses, so investors may lose up to 60% of face amount at maturity. Estimated value at pricing is $888.06–$918.06 per security; original offering price is $1,000 with agent discounts and distribution fees included in the price.
The Bank of Nova Scotia is offering $723,000 aggregate of Autocallable Contingent Coupon Notes linked to the common stock of Lumentum Holdings Inc. The notes pay contingent coupons of $115.00 per note (equal to 46.00% per annum) when the reference stock meets the contingent coupon barrier on scheduled observation dates, are automatically called if the closing stock price on any call observation date is at or above the Initial Value, and mature on April 26, 2029. The Initial Value was set at $846.89 and the Barrier and Contingent Coupon Barrier Values are $508.13 (60.00% of the Initial Value). If not auto‑called and the Final Value is below the Barrier Value, the maturity payment equals $1,000 plus the Reference Asset Return, exposing holders to up to 100% principal loss. The Trade Date was April 23, 2026, Original Issue Date April 28, 2026, minimum investment $1,000, and the Bank reported an initial estimated value of $919.06 per $1,000, which is less than the 100% Original Issue Price.
The Bank of Nova Scotia (BNS) is offering $310,000 of autocallable contingent coupon notes linked to the common stock of Sandisk Corporation. The notes have a $1,000 principal per note, trade date April 23, 2026, original issue date April 28, 2026, and maturity on April 26, 2029. Investors receive a $137.50 contingent coupon per note when the Reference Asset closes at or above the contingent coupon barrier; the initial value is $932.43 and the barrier is $559.46 (equal to 60.00% of the Initial Value). If not called, maturity payment depends on Final Value versus the Barrier Value and may result in up to 100% loss of principal. Payments are unsecured obligations of the Bank and subject to its credit risk.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Notes due May 3, 2029 linked to the common stock of Oracle Corporation. The notes are senior, unsecured obligations of the Bank and pay contingent coupons only if the Reference Asset meets barrier tests on listed observation dates; they may be automatically called early if the Reference Asset closes at or above its Initial Value on any Call Observation Date.
Holders face full credit exposure to the Bank and 100% downside exposure to the Reference Asset if the Final Value is below the Barrier Value (50% of Initial Value). Initial estimated value range per $1,000 principal is $928.97–$958.97; Original Issue Price is 100% with underwriter discount up to 2.00%.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Notes linked to the common stock of Intuit Inc. The notes have a $1,000 principal per note, an Original Issue Price of 100%, expected Trade Date April 30, 2026, and Maturity Date May 3, 2029. The notes pay contingent coupons only if the Reference Asset meets observation-date barriers, may be automatically called on observation dates, and expose investors to full credit risk of the Bank and to up to 100% principal loss if the Final Value is below the 50.00% Barrier Value. Initial estimated value range is $923.89–$953.89 per $1,000 Principal Amount.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Notes linked to the common stock of Sandisk Corporation with an aggregate original issue amount of $250,000. Each Note has a $1,000 principal amount, Trade Date April 23, 2026, Original Issue Date April 28, 2026 and Maturity Date April 26, 2029.
The Notes pay a $110.00 Contingent Coupon per Note (equal to 44.00% per annum) on each Contingent Coupon Payment Date only if the Closing Value of Sandisk on the corresponding observation date is at or above the Contingent Coupon Barrier Value of $559.46 (equal to 60.00% of the Initial Value of $932.43). If not called, principal repayment at maturity depends on the Final Value versus the Barrier Value; if Final Value is below the Barrier Value you may lose up to 100% of your principal. The Notes are senior, unsecured obligations of the Bank and are not CDIC/FDIC insured. The Bank’s initial estimated value per Note was $935.11, below the issue price; underwriting discount was 2.25%.
The Bank of Nova Scotia is offering $275,000 in Autocallable Contingent Coupon Notes linked to the common stock of Lumentum Holdings Inc. The Notes are senior, unsecured obligations of the Bank that may be automatically called if the Reference Asset meets specified thresholds. They pay a Contingent Coupon of $95.00 per Note (38.00% per annum) on scheduled Contingent Coupon Payment Dates if the Reference Asset's Closing Value on the related observation date is at or above the Contingent Coupon Barrier Value of $508.13 (60.00% of the Initial Value). If not called, the Payment at Maturity depends solely on the Reference Asset Return measured from the Initial Value of $846.89 to the Final Value; with a Barrier Value of $508.13, investors may lose up to 100% of principal if the Final Value is below the Barrier Value. Trade Date was April 23, 2026, Original Issue Date April 28, 2026, and Maturity Date April 26, 2029. The Bank's initial estimated value was $902.65 per $1,000, below the Original Issue Price of 100%.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Notes linked to Autodesk, Inc. The Notes have a Principal Amount of $1,000 per note, an Original Issue Price of 100%, and pay contingent coupons when the Reference Asset meets observation-date barriers.
The Contingent Coupon is at least $32.125 per note (equal to at least 12.85% per annum). The Barrier Value and Contingent Coupon Barrier Value are 60.00% of the Initial Value. If not called, maturity payment depends on the Reference Asset Return; you may lose up to 100% of principal if the Final Value is below the Barrier. Initial estimated value is stated as $927.93–$957.93 per $1,000. Expected Trade Date is April 30, 2026, Original Issue Date/settlement around May 5, 2026, and Maturity Date is May 3, 2029.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Notes linked to the common stock of Axon Enterprise, Inc. The notes have a Principal Amount of $1,000 per note, an Original Issue Price of 100%, and a minimum investment of $1,000. The notes are payable in cash, unsecured obligations of the Bank and may be automatically called if the Reference Asset’s Closing Value on any Call Observation Date is equal to or greater than the Initial Value. If not called, contingent coupons of at least $62.125 per note (equal to 24.85% per annum) may be paid when the Closing Value is at or above the Contingent Coupon Barrier Value. The notes have a Barrier Value and Contingent Coupon Barrier Value equal to 50.00% of the Initial Value. Trade Date is April 30, 2026, expected Original Issue Date/settlement is May 5, 2026, Final Valuation Date is April 30, 2029 and Maturity Date is May 3, 2029. The Bank’s initial estimated value per $1,000 is expected between $924.96 and $954.96, and underwriting commissions may be up to 2.00%. Payments depend on the Bank’s creditworthiness and the Final Value; if Final Value is below the Barrier Value, investors may lose up to 100% of principal.
The Bank of Nova Scotia is offering market-linked, auto-callable senior notes with leveraged upside and contingent downside linked to the lowest performing of Microsoft Corporation common stock and nVent Electric plc ordinary shares. The securities are sold at an original offering price of $1,000 per security, have an estimated bank value range of $885.81–$915.81, an expected call date of May 5, 2027 and a stated maturity of May 3, 2029. If automatically called, holders receive the face amount plus a call premium of 50.00% ($500). If not called, upside participation is at least 165% of the percentage gain of the lowest performing underlying; downside protection stops at a threshold equal to 60% of the starting price, below which investors bear full loss of declines and may lose >40% or all principal. All payments are subject to the Bank’s credit risk; no periodic interest or dividends will be paid.
The Bank of Nova Scotia is offering $3,006,000 in Autocallable Contingent Coupon Trigger Notes linked to the common stock of Netflix, Inc., due May 26, 2027. Each $1,000 note pays a contingent monthly coupon of $9.792 if the reference stock closes at or above the coupon barrier (69.00% of the initial price of $92.58) on an observation date, and may be automatically called if the reference stock closes at or above the initial price on certain call observation dates commencing October 2026. If not called and the final price is below 69.00% of the initial price, holders receive a share delivery amount (or cash for fractional shares) and will likely lose a substantial portion of principal. Payments are unsecured obligations of the Bank; the Bank’s initial estimated value was $974.37 per $1,000.
The Bank of Nova Scotia is offering $17,818,000 aggregate principal of Capped Buffered Enhanced Participation Notes linked to the MSCI EAFE® Index, trade date April 21, 2026 and maturity April 21, 2028. Each $1,000 note pays at maturity based on the index return with a 160.00% participation rate, a 15.00% buffer (85.00% buffer level) and a capped maximum payment of $1,280.00 per $1,000. If the final index level declines by more than 15.00%, investors suffer amplified downside (≈1.1765% loss per 1% index decline below the buffer). Payments depend on the Bank’s creditworthiness and there is no periodic interest or dividend component.
The Bank of Nova Scotia is offering Trigger Autocallable Contingent Yield Notes linked to Apple Inc. (AAPL). The offering totals $26,036,310 at $10 per Note with a minimum purchase of 100 Notes. The Notes pay a contingent coupon of 8.50% per annum when observation-date barriers are met, are quarterly observation/callable after six months, have an initial level of $273.17, a coupon barrier and downside threshold of $172.10 (63.00% of the initial level), an estimated initial value of $9.70 per Note, and mature on April 26, 2029. Payments (including principal) are subject to BNS credit risk and the contingent repayment mechanics described.
The Bank of Nova Scotia offers $2,544,000 in Autocallable Contingent Coupon Trigger Notes linked to the common stock of Morgan Stanley due May 26, 2027. Each $1,000 note pays a contingent monthly coupon of $10.625 (1.0625% monthly; up to 12.75% per annum) when the reference stock’s closing price on an observation date is at or above the coupon barrier of 71.00% of the initial price of $189.31. The notes are automatically called if on any call observation date the closing price is equal to or greater than the initial price; if automatically called, holders receive $1,000 plus the contingent coupon. If not called and the final price is below the trigger (71.00% of the initial price), holders receive a share delivery amount equal to $1,000 divided by the initial price (with cash in lieu of fractional shares) and will not receive the contingent coupon, exposing investors to potential substantial loss of principal. Payments are unsecured obligations of The Bank of Nova Scotia and subject to the Bank's credit risk.
The Bank of Nova Scotia is offering $3,230,000 of Autocallable Contingent Coupon Trigger Notes linked to the common stock of Citigroup Inc., maturing on May 26, 2027.
Each $1,000 note pays a monthly contingent coupon of $10.667 if the reference stock's closing price on an observation date is at or above 70.00% of the initial price ($131.68). Notes are automatically called if the reference stock closes at or above the initial price on any call observation date (Oct 2026–Apr 2027); if not called and the final price is below 70.00%, holders receive a share-delivery amount equal to $1,000 divided by the initial price, exposing principal to equity downside and issuer credit risk.
The Bank of Nova Scotia is offering senior, equity-linked structured notes (Market Linked Securities—Auto-Callable with Contingent Coupon with Memory Feature and Contingent Downside Principal at Risk) linked to the common stock of Oklo Inc. with an original offering price of $1,000 per security.
The securities pay quarterly contingent coupons (the contingent coupon rate will be set on the pricing date and will be at least 27.20% per annum), may be automatically called if the Underlying Stock closes at or above the starting price on certain quarterly calculation days, and expose holders to full downside from the starting price at maturity if the final stock closing price is below the downside threshold (equal to 50% of the starting price). The stated maturity date is May 3, 2029 (subject to postponement).
The Bank of Nova Scotia (BNS) is offering contingent income auto-callable senior notes due on or about May 4, 2029 linked to the common stock of Valero Energy Corporation. Each note has a stated principal amount of $1,000 and can pay a contingent quarterly coupon of $25.125 (equivalent to 10.05% per annum) when the underlying closing price on a determination date is at or above the downside threshold (50.00% of the initial share price). If an early call occurs when the underlying closing price meets or exceeds the call threshold (100.00% of the initial share price), investors receive the stated principal plus that contingent coupon. If the securities remain outstanding to maturity and the final share price is below the downside threshold, the maturity payment equals the stated principal multiplied by the share performance factor (final share price / initial share price), which could be less than 50% of principal and could be as low as zero. All payments are subject to BNS credit risk. The pricing date is May 1, 2026, with original issue date May 6, 2026.
The Bank of Nova Scotia is offering Contingent Income Auto-Callable Securities due on or about May 4, 2028 under its Senior Note Program, Series A. Each security has a $1,000 stated principal amount and a contingent quarterly coupon of $23.50 (equivalent to 9.40% per annum) payable only if all three underlying indices meet the coupon threshold on a determination date.
Payments and early redemption depend on the worst performing of the Nasdaq-100, Russell 2000 and S&P 500 indices; downside exposure is 1-to-1 to the worst performing index and principal is at risk. BNS credit risk and limited secondary-market liquidity apply. An initial estimated value range is provided on pricing.
The Bank of Nova Scotia is offering Digital Notes linked to the S&P 500® Index with a term of approximately 26 to 29 months. Each note has a $1,000 principal amount and an original issue price of 100%. At maturity you receive a capped positive payout if the final index level is ≥ 85.00% of the initial level (a threshold settlement amount expected to be between $1,161.00 and $1,189.40 per $1,000). If the final level is below 85.00% of the initial level, the notes expose you to accelerated downside: you lose approx 1.1765% for each 1% the index is below 85.00% (buffer rate ≈ 117.65%), up to a total loss of principal. The notes pay no interest, are unsecured obligations of the Bank, are not listed, and carry issuer credit risk. The Bank’s initial estimated value is $957.10–$987.10 per $1,000, below the original issue price.
The Bank of Nova Scotia is offering senior note Market Linked Securities linked to the lowest performing of XLE, XLF and XLK, with an original offering price of $1,000 per security. The notes pay monthly contingent coupons (rate to be set on the pricing date, at least 10.65% per annum) only if the lowest performing Fund on each calculation day is at or above 70% of its starting price. The securities feature an automatic call if the lowest performing Fund is at or above its starting price on a monthly calculation day from October 2026 through March 2029.
If not called, maturity is May 3, 2029 and principal is repaid only if the lowest performing Fund's ending price on the final calculation day is at or above 60% of its starting price; otherwise holders suffer the full downside of that Fund (losses greater than 40%, possibly total). All payments are subject to the Bank's credit risk; estimated value at pricing is between $900.00 and $927.79 per security.
The Bank of Nova Scotia is offering $1,563,000 of Autocallable Contingent Coupon Notes with Memory Coupon linked to the least performing share of Apple, Broadcom and Meta. The notes pay a contingent coupon of $14.5834 per $1,000 (approximately 17.50% per annum) on specified observation dates if each reference stock is at or above a 60% barrier, are autocallable if all three stocks close at-or-above their initial values on a call observation date, and will repay principal at maturity only if the least performing reference asset is at-or-above its 60% barrier; otherwise the investor suffers the full depreciation of that least performing stock. The Trade Date was April 21, 2026, Original Issue Date April 24, 2026, Final Valuation Date April 23, 2029 and Maturity Date April 26, 2029. Payments are unsecured obligations of the Bank and subject to the Bank’s credit risk. The Bank’s initial estimated value per $1,000 was $943.61, below the issue price.
The Bank of Nova Scotia is offering $753,000 aggregate Principal Amount of Autocallable Contingent Barrier Return Enhanced Notes due April 26, 2029. The notes are unsecured senior obligations linked to the least performing share among Apple, Broadcom and Meta. They pay no interest, carry a Participation Rate of 300.00%, a Call Premium of $560.00, an annual automatic Review Date on April 27, 2027, and a final valuation on April 23, 2029. Payments depend on the Closing Values on the Review Date and the Final Valuation Date and are subject to the Bank’s credit risk.