Bank of Nova Scotia 424B Filings

The Bank of Nova Scotia is offering senior unsecured Trigger Jump Securities with Auto-Callable Feature, linked to the worst performer of the Russell 2000 Index and the S&P 500 Index, each with a stated principal amount and issue price of $1,000.00 per security and a maturity date on or about August 5, 2032.

The notes pay no coupons or dividends. Instead, they auto-call on scheduled determination dates if both indices are at or above their initial values, for fixed early redemption payments that step up over time and correspond to a 9.60% per annum return (for example, $1,096.00 on the first call date up to $1,552.00 on the last). If held to maturity and still not called, investors receive a fixed maturity redemption payment of $1,576.00 (also 9.60% per annum) if both final index values are at or above initial levels, par if any index is below initial but both remain at or above an 80.00% trigger level, and otherwise $1,000 × (1 + underlying return of the worst-performing index), which can be as low as zero.

Principal is fully at risk; a drop in either index below its trigger level at final valuation produces 1:1 downside to the worst index, up to a total loss of investment. The securities are not listed, may have limited secondary liquidity, and all payments depend on BNS’s credit. The estimated value on the pricing date is expected to be between $922.80 and $952.80 per $1,000, below the issue price, reflecting selling, structuring and hedging costs and BNS’s internal funding rate.

The Bank of Nova Scotia is offering $1,432,000 principal amount of Autocallable Contingent Coupon Buffered Notes due July 17, 2031, linked to the Nasdaq-100 Index and Russell 2000 Index.

The Notes pay a quarterly 9.65% per annum contingent coupon ($24.125 per $1,000) only when both indices are at or above 75% of their Initial Values on observation dates. They are automatically called, returning principal plus coupon, if both indices meet declining call thresholds from 100% to 85% of Initial Value.

If not called, repayment depends on the worst-performing index: full principal is returned if it finishes at or above 75% of Initial Value; below that level, principal is reduced 1% for each 1% additional decline, up to a 75% loss. The unsecured Notes carry Bank credit risk, are not insured or exchange-listed, and had an initial estimated value of $971.83 per $1,000.

The Bank of Nova Scotia is offering $43,890,000 of Contingent Income Auto-Callable Securities linked to NVIDIA common stock under its Senior Note Program, Series A.

Each $1,000 security can pay a $25.875 quarterly coupon (10.35% per year) for any determination date when NVIDIA’s closing price is at or above the downside threshold of $105.48, which is 50.00% of the initial share price of $210.96. Missed coupons may be paid later if a subsequent determination date meets the threshold under the memory coupon feature. The notes auto-call at par plus the applicable coupon and any unpaid coupons if NVIDIA is at or above the 100.00% call threshold on a non-final determination date, before maturity on July 13, 2029.

Principal is fully at risk: if the final share price is below the downside threshold, you are exposed on a 1-to-1 basis to NVIDIA’s decline and the payment can be less than 50.00% of principal or zero. The securities are senior unsecured obligations of BNS, not listed on any exchange, with an estimated initial value of $968.50 per $1,000 security, below the issue price.

The Bank of Nova Scotia is issuing $8,663,000 of Contingent Income Auto-Callable Securities due July 13, 2029, linked to Palo Alto Networks, Inc. common stock. Each $1,000 security can pay a quarterly contingent coupon of $37.75 (15.10% per annum) if on the determination date the stock closes at or above the downside threshold price of $162.955, 50.00% of the initial share price of $325.91. Missed coupons may be paid later under a memory feature.

If on any non-final determination date the stock closes at or above the call threshold price of $325.91, the security is automatically redeemed for principal plus the applicable coupon and any unpaid coupons, and no further payments are made. If not called and the final share price is at or above the downside threshold, investors receive principal plus the final coupon and any unpaid coupons. If the final share price is below the downside threshold, repayment equals principal multiplied by the share performance factor, resulting in less than 50.00% of principal and possibly zero, with no coupons.

The securities are senior unsecured debt of BNS, not insured by CDIC or FDIC and not bail-inable. All payments depend on BNS’s credit. The estimated value on the pricing date is $958.05 per $1,000, below the issue price, and the securities will not be listed, so secondary-market liquidity may be limited.

The Bank of Nova Scotia is issuing $30,780,000 of senior unsecured Contingent Income Auto-Callable Securities linked to the worst performer of Amazon.com, Alphabet Inc. Class A and Microsoft Corporation. Each $1,000 note has a 6‑month initial non-call period and may pay a quarterly contingent coupon of $40.90 (16.36% per annum) when, on a determination date, all three stocks are at or above 60.00% of their initial prices, with missed coupons potentially paid later under a “memory” feature.

From the second through the penultimate determination dates, if all stocks are at or above 100.00% of their initial prices, the notes auto-call for $1,000 plus due and unpaid coupons, and no further payments are made. If held to July 13, 2028 and any final stock price is below its 60.00% downside threshold, holders receive principal plus the return of the worst-performing stock, so the cash payment will be less than 60.00% of principal and could be zero. The securities are not listed, have an initial estimated value of $964.18 per $1,000 versus the $1,000 issue price, include per-note fees, and all payments are subject to BNS credit risk.

The Bank of Nova Scotia is offering $9,999,000 of Contingent Income Auto-Callable Securities due July 13, 2029 linked to Affirm Holdings, Inc. common stock. Each $1,000 security can pay a quarterly contingent coupon of $52.50 (21.00% per annum) when the stock closes at or above the $41.71 downside threshold, equal to 50.00% of the $83.42 initial share price.

If on any non-final determination date the stock closes at or above the $83.42 call threshold, equal to 100.00% of the initial price, the security is automatically redeemed at par plus due coupons. If the final share price is below the downside threshold, repayment is reduced 1-to-1 with the stock decline and may be less than 50% of principal or zero. Investors receive no upside beyond coupons, face limited liquidity and tax uncertainty, and bear full credit risk of BNS, whose estimated value of the notes on the pricing date is $973.10 per $1,000, below the issue price.

Bank of Nova Scotia is issuing $21,139,000 of senior unsecured Contingent Income Auto-Callable Securities linked to Vertiv Holdings Co common stock, maturing July 13, 2029. Each $1,000 note pays a contingent quarterly coupon of $54.90 (21.96% per annum) only when Vertiv’s closing price on a determination date is at or above the downside threshold of $159.43, 50.00% of the $318.86 initial share price, with a memory feature for missed coupons.

If Vertiv closes at or above the $318.86 call threshold on any non-final determination date, the notes are automatically redeemed at par plus the applicable coupon and any unpaid coupons. At maturity, if never called, investors receive par plus coupons only if the final share price is at or above the downside threshold; otherwise the payoff equals principal multiplied by the share performance factor, resulting in a loss of more than 50% and possibly all principal. The notes are not listed, have limited liquidity, carry BNS credit risk, and were sold at $1,000 per note versus an estimated value of $962.69 after built-in sales commissions and structuring costs.

The Bank of Nova Scotia is offering $14,112,000 aggregate principal amount of senior unsecured Contingent Income Auto-Callable Securities due July 13, 2029, linked to the American depositary receipts of Taiwan Semiconductor Manufacturing Company Limited. Each security has a $1,000 stated principal amount and issues at 100% of par.

Investors may receive a $34.00 quarterly contingent coupon per security (equivalent to 13.60% per annum) on each determination date where the TSM ADR closing price is at least the downside threshold price of $217.055 (50% of the $434.11 initial share price). A memory feature can pay previously missed coupons if a later determination date meets the threshold. If on any non-final determination date the ADR closes at or above the call threshold price of $434.11 (100% of initial), the notes are automatically redeemed for principal plus the applicable coupon(s).

At maturity, if not previously called and the final share price is at least the downside threshold, holders receive principal plus any due coupons; if it is below, repayment equals principal times the share performance factor, resulting in a loss of more than 50% of principal and potentially all of it. There is no participation in any upside of the ADRs, no dividends, and the securities are not listed. The estimated value on the pricing date is $962.63 per $1,000, below the issue price, reflecting distribution and structuring costs and BNS’ internal funding rate. All payments are subject to the credit risk of BNS.

The Bank of Nova Scotia is offering Trigger Autocallable Contingent Yield Notes, senior unsecured debt linked to the least performing of the Nasdaq-100 Index and the EURO STOXX 50 Index, maturing around July 17, 2036. Each Note has a $10 principal amount and pays a 9.00% per annum contingent coupon (about $0.225 per quarter) only when both indices close at or above their coupon barriers on the relevant observation date.

The Notes are automatically called if, on any quarterly observation date after 12 months, both indices are at or above their initial levels; investors then receive $10 plus the coupon and no further payments. If not called, and at maturity both indices are at or above their downside thresholds (75% of initial levels), investors receive full principal. If any index finishes below its downside threshold, repayment is reduced one-for-one with the percentage decline of the worst index, and investors can lose up to 100% of principal.

The minimum investment is 100 Notes ($1,000. The initial estimated value is between $8.97 and $9.27 per $10 Note, below the $10 issue price, reflecting selling, structuring and hedging costs. The Notes are not listed, are not insured by CDIC or FDIC, are not bail-inable, and all payments depend on BNS’s creditworthiness.

The Bank of Nova Scotia is offering Autocallable Contingent Coupon Buffered Notes linked to the common stock of Netflix, Inc., with a principal amount of $1,000 per note. These unsecured senior notes can mature on or about September 23, 2027 unless automatically called between February and August 2027 when Netflix’s closing price is at or above the initial price on a call observation date.

On each monthly observation date, investors receive a contingent coupon of $6.375 per $1,000 (0.6375% per month, potential up to 7.65% per year) only if Netflix’s price is at least 75.00% of the initial price; otherwise the coupon for that month is zero. If the notes are not called and the final price on the last observation date is at or above 75.00% of the initial price, investors receive $1,000 plus the final contingent coupon. If the final price is below 75.00%, investors receive $250 in cash plus a share delivery amount of Netflix stock, exposing them to up to 75.00% loss of principal.

The notes are not listed on any exchange, pay no fixed interest, and do not provide dividends or voting rights in Netflix. Any payments are subject to the credit risk of The Bank of Nova Scotia and are not insured by the CDIC or FDIC. The bank’s initial estimated value is $925.00–$965.00 per $1,000 note, below the 100% original issue price, reflecting underwriting commissions of up to 2.15%, structuring and hedging costs, and the bank’s internal funding rate.

The Bank of Nova Scotia is issuing $10,061,000 of senior unsecured Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the least performing of Alphabet Class C (GOOG) and Microsoft (MSFT), maturing July 13, 2029.

The notes pay a 10.69% per annum contingent coupon ($0.2673 per quarter per $10 note), plus any unpaid past coupons via a memory feature, only when both shares close at or above 50% of their initial levels on an observation date. The notes are automatically called if both stocks are at or above their initial levels on any observation date before maturity, returning principal plus applicable coupons.

If never called and either stock finishes below its 50% downside threshold, repayment of principal is reduced one-for-one with the decline in the worst-performing stock, up to a total loss of principal. The notes are not listed or insured, and all payments depend on BNS’s credit. Initial estimated value is $9.574 per $10 note, below the issue price.

The Bank of Nova Scotia is issuing $1,721,000.00 of senior unsecured Market Linked Securities under its Series A Senior Note Program. These auto-callable equity-linked securities are tied to the lowest performing of Blackstone Inc., Marvell Technology, Inc. and SoFi Technologies, Inc. and mature on July 18, 2029.

Each $1,000 security pays a 28.40% per annum contingent coupon monthly only if, on the calculation day, the lowest-performing stock is at or above its coupon threshold price, set at 45% of its starting price (the same level as the downside threshold). Missed coupons have a memory feature and can be paid later if conditions are met. From January 2027 to June 2029, the notes are automatically called if the lowest-performing stock is at or above its starting price, returning face value plus the due coupon(s).

If not called, at maturity investors receive $1,000 only if the lowest-performing stock’s final price is at or above its downside threshold; otherwise the payoff is $1,000 × performance factor, exposing investors to losses of more than 55%, up to total loss of principal. There is no participation in any stock appreciation or dividends. The Bank’s estimated value is $936.30 (93.63%) per $1,000 security, reflecting selling costs and hedging profits. The notes are uninsured, unsecured obligations of the Bank, not listed on any exchange and may have limited or no secondary market liquidity.

The Bank of Nova Scotia is offering Dual Directional Capped Buffered Notes, unsecured senior debt linked to the price return of the S&P 500® Index, maturing on July 20, 2028. Each note has a $1,000 principal amount, a minimum investment of $10,000, and an original issue price of 100%.

At maturity, if the index is at or above its initial level, investors receive principal plus the index return, capped by a Maximum Upside Return set on the trade date and expected to be at least 20.81% (illustrated maximum payment $1,208.10 per $1,000). If the index is below the initial level but at or above 80% of it, the notes pay the absolute value of the loss, up to $1,200 per note. Below the 80% buffer, losses are magnified by a 1.25× downside leverage factor and investors can lose all principal.

The notes pay no interest, are not insured or bail‑inable, will not be listed, and depend entirely on the Bank’s credit. Underwriting fees are 1.50%, and the initial estimated value is between $952.51 and $982.51 per $1,000, reflecting internal funding and hedging costs that can depress secondary‑market prices.

The Bank of Nova Scotia is offering market linked senior unsecured notes due July 25, 2029 under its Senior Note Program, Series A. The $1,000-face-value securities are linked to the lowest performing of American Express, Intel, Mastercard and Visa and are designed to pay monthly contingent coupons at a rate of at least 26.50% per annum when, on a calculation day, the lowest stock closes at or above 60% of its starting price. A memory feature can add previously missed coupons once the condition is again satisfied.

From January 2027 to June 2029 the notes are auto-callable if the lowest stock is at or above its starting price, returning face amount plus the then-due and any unpaid coupons. If not called, principal is repaid at maturity only if the weakest stock is at or above 50% of its starting price; otherwise repayment equals $1,000 times that stock’s performance factor, so holders can lose more than 50% and up to all principal. Investors do not participate in any stock upside or dividends, face limited liquidity, and bear full credit risk of The Bank of Nova Scotia with no CDIC or FDIC insurance. If priced on the preliminary date, the bank’s estimated value would be $902.45–$932.45 per $1,000 security, below the original offering price because of selling costs and hedging profits.

The Bank of Nova Scotia is offering senior unsecured Trigger Autocallable Contingent Yield Notes under its Senior Note Program, linked to the least performing of the Nasdaq-100 Index and the EURO STOXX 50 Index. Each Note has a principal amount of $10, a term of approximately 10 years from the expected trade date of July 16, 2026 to maturity on or about July 21, 2036, and pays a quarterly contingent coupon only when the closing level of both indices on the relevant observation date is at or above a coupon barrier set at 75.00% of the initial level for each index. The contingent coupon rate is expected to range from 8.50% to 9.00% per annum, with the exact rate and initial levels set on the trade date. The Notes are automatically callable quarterly, beginning after 12 months, if on any observation date both indices are at or above their initial levels, in which case investors receive the $10 principal plus the applicable contingent coupon and no further payments.

If the Notes are not called and, on the final valuation date, both indices are at or above their respective downside thresholds (also 75.00% of initial level), investors receive only the $10 principal. If any index finishes below its downside threshold, repayment is reduced to $10 × (1 + underlying return of the least performing index), producing a loss equal to the index’s percentage decline, up to a total loss of principal. The minimum investment is 100 Notes ($1,000). The issue price is $10.00 per Note, including a $0.35 underwriting discount, leaving $9.65 in proceeds to BNS per Note, and the initial estimated value is expected to be between $8.89 and $9.19. Payments depend entirely on BNS’s credit; the Notes are not insured, are not bail-inable under the CDIC Act, and will not be listed, implying limited liquidity and potentially significant price volatility before maturity.

The Bank of Nova Scotia is offering unsecured, unsubordinated Autocallable Contingent Coupon Notes with Memory Coupon linked to the common stock of NVIDIA Corporation under its Senior Note Program, Series A. The notes have a Principal Amount of $1,000 per Note, trade date of July 22, 2026, and mature on July 26, 2029, unless automatically called earlier.

The notes pay a Contingent Coupon of $32.50 per Note (13.00% per annum) on scheduled dates only if NVIDIA’s closing value is at or above the Contingent Coupon Barrier Value, set at 60.00% of the Initial Value; otherwise that coupon becomes unpaid and may be paid later if a future observation meets the barrier. If the closing value on a Call Observation Date is at or above the Initial Value, the notes are automatically called for $1,000 plus the current and any unpaid coupons.

If not called and the Final Value is at or above the Barrier Value (also 60.00% of the Initial Value), investors receive $1,000 per Note plus any due coupons; if the Final Value is below the Barrier, repayment is reduced 1% for each 1% decline from the Initial Value, up to a 100% loss of principal. The notes are not listed, all payments depend on the creditworthiness of The Bank of Nova Scotia, and they are not insured by CDIC or FDIC. The Original Issue Price is 100% of principal, including a 1.50% underwriting commission; proceeds to the Bank are 98.50%, and the initial estimated value is expected between $938.64 and $968.64 per $1,000.

The Bank of Nova Scotia is offering senior unsecured Autocallable Barrier Review Notes linked to the Russell 2000® Index and the S&P 500® Index. Each Note has a $1,000 principal amount and an original issue price of 100% of principal. The notes run from July 22, 2026 to July 22, 2030, unless automatically called earlier.

The Notes are automatically called, and pay a fixed cash amount, if on any Observation Date both indices are at or above 100% of their Initial Value. Call payments reflect a 13.00% per annum Call Return Rate, rising from $1,130 per Note on the first Call Payment Date up to $1,520 at maturity. If not called and both indices finish at or above 70% of Initial Value, investors receive principal back. If any index finishes below 70%, repayment is reduced 1-for-1 with the loss of the worst-performing index, down to a total loss of principal. The Notes pay no coupons, are not bail-inable or deposit-insured, will not be listed, and all payments depend on the creditworthiness of The Bank of Nova Scotia. The initial estimated value is expected between $951.62 and $981.62 per $1,000.

The Bank of Nova Scotia is issuing $8,840,000 of Capped Buffered Enhanced Participation Notes linked to the S&P 500 Index, maturing January 12, 2028. Each note has a $1,000 principal amount, pays no interest, is unsecured and unsubordinated, and is subject to the Bank’s credit risk.

At maturity, if the S&P 500 final level is above the initial level of 7,543.64, holders receive 150% of the index gain, capped at a maximum payment of $1,168.75 per $1,000 (116.875% of principal). If the index is flat or down by up to 10%, principal is returned. If it falls more than 10%, losses are magnified at a buffer rate of about 111.11%, and investors can lose all principal.

The notes will not be listed, may have limited or no secondary liquidity, and the initial estimated value of $979.28 per $1,000 is below the issue price because of selling commissions, hedging costs and the Bank’s internal funding rate. Underwriting commissions are 1.42%, and net proceeds will be used for general corporate purposes.

The Bank of Nova Scotia is offering $7,945,000 of Capped Buffered Enhanced Participation Notes linked to the S&P 500 Index, maturing February 14, 2028. Each note has a $1,000 principal amount, 150.00% upside participation in the index price return and a maximum payment of $1,175.20 per $1,000.

Principal is protected only against the first 10.00% decline in the index; below that, losses accelerate at about 111.11% of the excess decline, up to total loss of principal. The notes pay no interest, are unsecured senior obligations of the Bank, and any payment depends on its credit. The initial level is 7,543.64, with valuation on February 10, 2028.

The Bank of Nova Scotia is issuing $1,010,000 in senior unsecured Autocallable Contingent Coupon Notes due July 13, 2029, linked to the least-performing of the S&P 500 Index, the Energy Select Sector SPDR ETF (XLE) and the Technology Select Sector SPDR ETF (XLK). Each Note has a $1,000 principal amount and is offered at 100% of par.

The Notes pay a contingent coupon of $12.7083 per Note (approximately 15.25% per annum) on scheduled dates only if the closing value of each Reference Asset is at or above its 70% Contingent Coupon Barrier (SPX 5,302.77; XLE $38.56; XLK $130.05). If on a Call Observation Date all Reference Assets are at or above their Initial Values (SPX 7,575.39; XLE $55.08; XLK $185.78), the Notes are automatically called for par plus that coupon, and no further payments are made.

If not called, the Payment at Maturity depends solely on the Least Performing Reference Asset. If its Final Value is at or above its 70% Barrier, investors receive par (plus any due coupon). If it is below the Barrier, repayment is reduced 1% for each 1% decline from its Initial Value, for a possible 100% loss of principal. The initial estimated value is $965.37 per $1,000, below the issue price, reflecting internal funding and structuring costs. The Notes are not insured, are not bail-inable, will not be listed, and all payments are subject to the Bank’s credit risk.

The Bank of Nova Scotia is offering $6,831,000 of unsecured Autocallable Contingent Coupon Buffer Notes linked to the VanEck Semiconductor ETF. The notes have a $1,000 Principal Amount, trade at 100% of principal, and mature on July 28, 2027, unless automatically called earlier.

Holders may receive contingent coupons of $48.70 per Note on quarterly dates if the ETF’s Closing Value on the related Observation Date is at least 70% of the Initial Value of $611.03. The same 70% level ($427.72) serves as both the Contingent Coupon Barrier and Buffer Value. If the notes are not called and the Final Value is below the Buffer Value, principal loss is leveraged: investors lose about 1.4286% of principal for each 1% decline beyond the 30% buffer, potentially up to 100% loss.

The initial estimated value was $982.97 per $1,000, below the issue price, reflecting selling, structuring and hedging costs and the Bank’s internal funding rate. The notes are not insured, will not be listed, may have limited or no secondary market, and all payments are subject to the credit risk of The Bank of Nova Scotia.

The Bank of Nova Scotia is offering $1,060,000 of Autocallable Barrier Review Notes linked to the Dow Jones Industrial Average®, Nasdaq-100 Index® and Russell 2000® Index, as senior unsecured debt of the Bank. The Original Issue Price is 100% of the $1,000 Principal Amount per Note, while the initial estimated value is $974.02 per $1,000, reflecting internal funding and hedging costs.

The Notes can be automatically called on annual Observation Dates from July 2027 to July 2031 if each index is at or above 100% of its Initial Value, paying call amounts from $1,161.50 up to $1,807.50 per Note, based on a 16.15% Call Return Rate per term. If not called and each Final Value is at least 70% of its Initial Value, investors receive principal only; if any index finishes below its 70% Barrier Value, the payoff is fully exposed to the negative performance of the Least Performing Reference Asset, with losses up to 100% of principal.

The Notes pay no interest, are not insured by CDIC or FDIC, will not be listed on any exchange, and all payments depend on the creditworthiness of The Bank of Nova Scotia.

The Bank of Nova Scotia is offering an aggregate principal amount of $1,469,000 in Dual Directional Barrier Digital Notes linked to the least performing of the Russell 2000 Index and the EURO STOXX 50 Index, maturing on July 15, 2031. Each Note has a $1,000 denomination, is a senior unsecured obligation of the Bank, pays no interest, and all cash flows occur only at maturity, subject to the Bank’s credit risk.

If the final value of each index is at or above its initial level, investors receive principal plus the greater of a 69.00% Digital Return or the positive return of the least performing index. If any index finishes below its initial value but both remain at or above 75% of initial (Barrier Value), the payoff equals principal plus the absolute decline of the least performing index, capped at $1,250 per Note. If any index ends below its Barrier Value, principal is reduced 1% for each 1% decline of the least performing index, up to a 100% loss. The initial estimated value is $924.57 per $1,000, below the issue price due to internal funding and hedging costs, and the Notes will not be listed, with any secondary market making at SCUSA’s discretion.

The Bank of Nova Scotia is issuing $3,669,000 in Autocallable Contingent Coupon Notes due July 13, 2029, linked to the common stock of NVIDIA Corporation. Each Note has a $1,000 principal amount and was priced at 100% of principal, with proceeds to the bank of 98% after underwriting discounts.

The Notes pay a contingent coupon of $30.625 per Note (12.25% per annum) on scheduled observation/payment dates only if NVIDIA’s closing value is at or above the Contingent Coupon Barrier Value of $116.03, equal to 55% of the Initial Value of $210.96. The same level also serves as the Barrier Value for principal protection.

The Notes are automatically called if NVIDIA’s closing value on any Call Observation Date is at or above the Initial Value, returning $1,000 plus the applicable coupon, after which no further payments are made. If not called and the Final Value on July 10, 2029 is below the Barrier Value, the maturity payment is $1,000 + ($1,000 × Reference Asset Return), exposing investors to up to 100% loss of principal.

The Notes are senior unsecured obligations of the Bank, not insured by CDIC or FDIC, and will not be listed on an exchange. The initial estimated value is $964.72 per $1,000, below the issue price, reflecting internal funding and hedging costs, and secondary market liquidity is expected to be limited and dealer-driven.

The Bank of Nova Scotia is issuing $5,247,000 in Autocallable Contingent Coupon Notes with Memory Coupon, due July 13, 2029, linked to the worst performer of Amazon.com common stock and Alphabet Class C stock. Each note has a $1,000 principal amount and an Original Issue Price of 100%.

The notes pay a contingent quarterly coupon of $33.125 per note (13.25% p.a.) only if on the observation date the closing value of each stock is at or above its Contingent Coupon Barrier Value, set at 60% of its Initial Value ($147.20 for Amazon; $213.02 for Alphabet). The same 60% levels are the barriers used at maturity.

The notes are autocallable: if on a Call Observation Date both stocks are at or above their Initial Values ($245.34 for Amazon; $355.03 for Alphabet), investors receive $1,000 plus any due and unpaid coupons, and the notes terminate. If not called, the maturity payment depends only on the Least Performing Reference Asset. If its Final Value is at or above its Barrier Value, principal is returned (plus any due coupons). If it is below the barrier, repayment is reduced one-for-one with its percentage loss from Initial Value, up to a 100% loss of principal.

The notes are unsecured, unsubordinated obligations of the Bank, not CDIC or FDIC insured, and will not be listed. Underwriting commissions are 1.50%, and the Bank’s initial estimated value is $964.37 per $1,000, below the issue price, reflecting internal funding and structuring costs.

The Bank of Nova Scotia is issuing $9,481,000 of senior unsecured Autocallable Contingent Coupon Notes due July 13, 2029, linked to the Nasdaq‑100 Index, Russell 2000 Index and S&P 500 Index. The notes have a $1,000 minimum denomination and are subject to the Bank’s credit risk.

Investors receive a $28.50 contingent coupon per $1,000 (11.40% per annum) on scheduled dates only if the closing value of each index is at or above 75% of its Initial Value (the Contingent Coupon Barrier Value). The notes are automatically called, returning principal plus the coupon, if on any Call Observation Date all three indices are at or above their Initial Values.

If not called, repayment at maturity depends solely on the Least Performing Reference Asset. If its Final Value is at or above 75% of its Initial Value (the Barrier Value), investors receive full principal (plus any coupon). If it is below this barrier, repayment is reduced 1% for each 1% decline from Initial Value, up to a total loss of principal. The initial estimated value is $960.51 per $1,000, below the issue price, reflecting internal funding and structuring costs.

The Bank of Nova Scotia is offering unsecured Contingent Coupon Notes with Memory Coupon due July 31, 2029, linked to the least performing of Intel, Micron and ServiceNow common stocks. The notes pay a contingent quarterly coupon of at least $29.50 per $1,000 (at least 35.40% per annum) only if each stock’s closing value on an observation date is at or above 50.00% of its initial value; missed coupons may accrue and be paid later if this condition is met.

At maturity, investors receive $1,000 per note only if the final value of the worst-performing stock is at or above 50.00% of its initial value; otherwise, repayment is reduced one-for-one with that stock’s decline from its initial value, with losses up to 100% of principal. The notes are not principal protected, carry the full credit risk of The Bank of Nova Scotia, will not be listed, and their initial estimated value of $910.03–$940.03 per $1,000 is below the 100% issue price, reflecting selling, structuring and hedging costs and the use of the bank’s internal funding rate.

The Bank of Nova Scotia is offering market-linked, auto-callable senior notes tied to the S&P 500® Index with a $1,000 face amount per security and an original offering price of $1,000 per security. The securities pay no interest, may be automatically called on specified call dates for a fixed call premium (minimums range from 4.25% on the first call date to 17.00% on the final call date) and mature on July 19, 2028 if not called. If not called, holders receive $1,000 at maturity only if the ending index level is at or above an 80% threshold; below that threshold holders suffer 1-to-1 downside exposure and may lose more than 20% or all principal. All payments are subject to the Bank's credit risk; estimated value at pricing is between $945.30 and $975.30 per security.

The Bank of Nova Scotia is offering market-linked senior notes — auto-callable, contingent-coupon securities linked to the lowest performing share of Amazon, Alphabet (Class A), Microsoft and NVIDIA due July 20, 2029.

Each security has a $1,000 face amount and an original offering price of $1,000. The contingent coupon rate will be set on the pricing date and will be at least 17.75% per annum. Coupon and call outcomes depend solely on the lowest performing Underlying Stock each monthly calculation day; coupon and downside thresholds equal 60% of each starting price. If not called, principal at maturity is $1,000 only if the lowest performing stock's ending price is ≥ its 60% downside threshold; otherwise maturity pays $1,000 × performance factor, exposing holders to losses of more than 40%. The Bank's estimated value at pricing is between $910.56 and $940.56 per security; proceeds to the Bank are $976.75 per security after an agent discount of $23.25. All payments are subject to the Bank's credit risk and the securities have limited liquidity.

The Bank of Nova Scotia is offering senior, unsecured, equity-linked notes—auto-callable, leveraged-participation securities linked to the lowest-performing common stock of Advanced Micro Devices, Inc. and Micron Technology, Inc., with a $1,000 face amount per security. The securities pay no interest, may be automatically called after approximately one year for a call premium of at least 45.10%, and, if not called, provide either 200% upside participation in the lowest-performing stock above its starting price or an absolute-value payoff (capped at 45%) for moderate declines; if the lowest-performing stock falls below 55% of its starting price at maturity investors absorb full downside (losses greater than 45%, up to a total loss). All payments are subject to the Bank’s credit risk. The Bank’s estimated value at pricing would be between $900.00 and $927.17 per security; original offering price is $1,000 with distribution discounts and fees specified in the supplement.

The Bank of Nova Scotia is offering Autocallable Buffered Notes linked to the iShares® Expanded Tech-Software Sector ETF (IGV). Each note has a $1,000 principal amount. The notes may be automatically called ~16–18 months after trade date if the reference asset closes at or above 85.00% of the initial price, producing a call payment equal to $1,000 plus a call premium (expected between 15.72% and 18.45%). If not called, maturity is expected ~29 months after trade date with a capped maximum payment (expected between $1,314.40 and $1,369.00 per $1,000). A 15.00% buffer applies: final prices below 85.00% of initial lead to downside exposure multiplied by a buffer rate of 117.65%. Initial estimated value is stated between $923.56 and $953.56 per $1,000; original issue price is 100% with underwriting commissions of 1.81%. All payments are subject to the Bank’s credit risk.

The Bank of Nova Scotia is offering $9,572,000 in principal of Autocallable Contingent Coupon Notes with Memory Coupon linked to the least performing common stock of Apple Inc. and Amazon.com, Inc.. The Notes are unsecured senior debt of the Bank and all payments are subject to the Bank’s credit risk.

Key economic terms: $1,000 principal per Note, Original Issue Price 100%, Trade Date July 9, 2026, Original Issue Date July 14, 2026, Final Valuation Date January 10, 2028, Maturity Date January 13, 2028. Contingent Coupon is $31.00 per Note (equal to 12.40% per annum) payable on specified observation/payment dates if both Reference Assets meet their Contingent Coupon Barrier Values. If not auto-called, the Payment at Maturity depends solely on the Least Performing Reference Asset and may result in up to 100% loss of principal if that asset falls below its Barrier Value (60% of Initial Value).

The Bank of Nova Scotia is offering $10,605,000 of Autocallable Contingent Coupon Notes with Memory Coupon linked to the common stock of Broadcom Inc. The Notes pay contingent quarterly coupons of $41.40 per Note (16.56% per annum) when the Reference Asset meets the Contingent Coupon Barrier Value and may be automatically called early if the Reference Asset closes at or above the Initial Value on any Call Observation Date. The Notes mature on January 13, 2028 with a Final Valuation Date of January 10, 2028 and are senior, unsecured obligations of the Bank; all payments are subject to the Bank's credit risk.

Key economic terms: Principal Amount $1,000 per Note; Original Issue Price 100%; Initial Value $401.11; Barrier and Contingent Coupon Barrier Value $220.61 (55.00% of Initial Value). The initial estimated value was $972.88 per $1,000, and underwriting commissions equal 1.50%.

The Bank of Nova Scotia is offering Capped Enhanced Participation Notes linked to the S&P 500® Index with a term expected to be approximately 13 to 15 months. The notes pay no interest and return at maturity is tied to the reference asset return measured from the trade date to the valuation date; the participation rate is 150.00% subject to a maximum payment amount expected between $1,161.70 and $1,189.75 per $1,000 principal, and you may lose up to 100% of principal if the final level is below the initial level.

Key commercial terms include an original issue price of 100% of principal, an underwriting commission of 1.02% (or $10.20 per $1,000), an initial estimated value range of $958.33 to $988.33 per $1,000, settlement on a T+3 cycle, and proceeds for general corporate purposes. Payments depend on the Bank’s creditworthiness and the notes will not be listed on an exchange.

The Bank of Nova Scotia is offering Autocallable Contingent Coupon Trigger Notes linked to Meta Platforms, Inc. (Class A) due August 12, 2027. The issuance totals $1,662,000 at $1,000 per note with an original issue price of 100%.

The notes pay a contingent monthly coupon of $9.875 per $1,000 if the reference stock’s closing price on an observation date is at or above a coupon barrier of 67.00% of the initial price ($615.58). The notes are automatically called if the reference stock closes at or above the initial price on a call observation date (Jan–Jul 2027). At maturity, if the final price is below the 67.00% trigger, holders receive a share delivery amount equal to $1,000 divided by the initial price, resulting in potential substantial loss of principal. Payments are subject to the Bank’s creditworthiness.

The Bank of Nova Scotia (BNS) is offering market‑linked senior notes—auto‑callable securities with a fixed quarterly coupon and contingent downside principal risk linked to the lowest performing of the Dow Jones Industrial Average® and the S&P 500®. The coupon rate will be set on the pricing date and will be at least 5.85% per annum. The notes have a face amount of $1,000 per security, an expected issue date of July 17, 2026, a final calculation day of July 12, 2030 and a stated maturity of July 17, 2030. If an Index’s closing level on any applicable call date is ≥ 105% of its starting level the notes will be automatically called for the face amount plus a final coupon. If not called, maturity payment depends on the lowest performing Index on the final calculation day: you receive $1,000 if that Index is ≥ 75% of its starting level; otherwise the maturity payment equals $1,000 × performance factor, exposing holders to losses greater than 25% and possibly all principal.

The Bank of Nova Scotia offers Autocallable Contingent Coupon Buffered Notes linked to the Least Performing of the Nasdaq-100 Index and the Russell 2000 Index. The Notes are senior, unsecured obligations and pay contingent coupons only if each Reference Asset meets barrier tests on specified observation dates; they are autocallable on scheduled Call Observation Dates for the Principal Amount plus any applicable Contingent Coupon. If not called, the Payment at Maturity depends solely on the Least Performing Reference Asset versus a 75.00% Buffer Value; losses can reach 75.00% of principal. The Notes are expected to price on July 13, 2026, settle on July 16, 2026, and mature on July 17, 2031. All payments are subject to the Bank’s credit risk.

The Bank of Nova Scotia is offering Autocallable Contingent Coupon Trigger Notes linked to Apollo Global Management, Inc. common stock due August 12, 2027. Each note has a $1,000 principal amount and the aggregate initial issuance shown is $604,000. The notes pay a contingent monthly coupon of $9.875 per $1,000 (0.9875% monthly; up to 11.85% per annum) when the reference stock’s closing price on an observation date is at or above 59.00% of the initial price. The initial price is $119.33 (closing price on the trade date). Notes are automatically called if the reference stock closes at or above $119.33 on any call observation date (Jan–Jul 2027); if called, investors receive $1,000 plus the contingent coupon. If not called and the final price is below 59.00% of $119.33, holders receive a share delivery amount (or cash for fractional shares) equal to $1,000 divided by the initial price, and will not receive a contingent coupon, exposing holders to substantial principal loss. The Bank’s initial estimated value at pricing was $975.45 per $1,000. Payments depend on the Bank’s creditworthiness.

The Bank of Nova Scotia is offering Autocallable Contingent Coupon Trigger Notes linked to Amazon.com, Inc. The offering totals $2,213,000 at an original issue price of 100% ($1,000 per note). Trade date was July 7, 2026 with an initial price of $245.98 and maturity on August 12, 2027. Each $1,000 note may pay a contingent coupon of $9.084 on an observation date when the closing price is at or above a coupon barrier equal to 68.00% of the initial price. The notes are automatically called if on a call observation date the closing price is equal to or greater than the initial price; otherwise at maturity holders either receive $1,000 (if final price is at or above the trigger) or a share-delivery amount equal to $1,000 divided by the initial price, which would be worth less than 68.00% of principal if the final price is below the trigger. Payments are subject to the Bank's credit risk. The Bank's initial estimated value was $967.99 per $1,000, below the issue price.

The Bank of Nova Scotia is offering Autocallable Contingent Coupon Trigger Notes linked to the common stock of Netflix, Inc. for an aggregate principal amount of $439,000. The notes mature on August 12, 2027 but can be automatically called on specified monthly observation dates from January 2027 through July 2027 if the reference stock closes at or above the initial price of $76.18. On each coupon payment date you will receive $9.709 per $1,000 (0.9709% monthly, ~11.65% per annum) only if the closing price on the related observation date is at least 67.00% of the initial price; otherwise the coupon for that date is $0. If the notes are not called and the final price is below the 67.00% trigger, repayment at maturity will be in shares (or cash for fractional shares) equal to $1,000 divided by the initial price, exposing investors to potentially substantial losses. Payments are subject to the Bank’s credit risk. The Bank’s initial estimated value at pricing was $965.31 per $1,000, below the original issue price.

The Bank of Nova Scotia issues a pricing supplement for Digital Notes linked to the S&P 500® Index. Each note has a $1,000 principal amount, a term expected to be approximately 26 to 29 months, and pays no interest. At maturity you receive either a capped positive payment (if the final level is ≥85.00% of the initial level) or a reduced cash payment that magnifies losses below that threshold by a buffer rate of approximately 117.65%. The threshold settlement amount is expected to be between $1,163.20 and $1,192.00 per $1,000; the initial estimated value range is expected to be between $957.50 and $987.50 per $1,000. All payments are subject to the Bank’s credit risk; the notes are unsecured, unlisted and may have little or no secondary market.

The Bank of Nova Scotia is offering market-linked senior notes (equity-linked securities) with a face amount of $1,000 per security that are auto-callable and linked to the lowest performing of American depositary shares of Alibaba Group Holding Limited, the common stock of Blackstone Inc. and the common stock of International Business Machines Corporation. The securities carry an estimated value today of $880.00 to $906.99 per security and an original offering price of $1,000 per security. If not called, maturity depends on the lowest performing underlying: an upside participation rate of 400% applies to positive outcomes; an absolute value return (capped at 50%) applies to moderate declines; if the lowest performing underlying ends below 50% of its starting price, investors bear full downside and may lose more than 50% or all of principal. The securities have a call date of approximately July 22, 2027, an issue date of July 22, 2026, a final calculation day of July 17, 2029 and a stated maturity of July 20, 2029. All payments are subject to the Bank’s credit risk and the offering includes dealer spreads and hedging costs that reduce secondary market value.

The Bank of Nova Scotia is offering Autocallable Contingent Buffered Return Enhanced Notes due July 22, 2031, linked to the least performing of the common stock of FedEx (FDX), Marathon Petroleum (MPC) and NVIDIA (NVDA). Each Note has a $1,000 Principal Amount and an Original Issue Price of 100%. The Notes may be automatically called based on Closing Values on the Review Date (October 19, 2026) for an early cash payment equal to principal plus a $114.50 Call Premium. If not called, maturity payoffs depend on the Final Value of the Least Performing Reference Asset with a 125.00% Participation Rate, a Buffer Value equal to 60.00% of Initial Value (Buffer Amount 40.00%) and a downside leverage factor of approximately 1.6667. The Notes do not pay interest, are unsecured obligations of the Bank, and all payments are subject to the Bank’s credit risk. The initial estimated value range on the Trade Date is $930.76 to $960.76 per $1,000 Note. Pricing is expected on July 17, 2026 with settlement on July 22, 2026.

The Bank of Nova Scotia priced a structured senior note offering: market‑linked, auto‑callable securities linked to the lowest performing share of Blackstone Inc., Marvell Technology, Inc. and SoFi Technologies, Inc., with an original offering price of $1,000 per security and a face amount of $1,000 per security. The pricing supplement states an estimated value range per security of $892.46 to $922.46 as of the pricing date and a contingent coupon rate to be set on the pricing date of at least 28.40% per annum. The notes pay monthly contingent coupons only if the lowest performing underlying stock on each calculation day is at or above a coupon threshold equal to 45% of its starting price, feature an automatic call if the lowest performing underlying closes at or above its starting price on certain monthly calculation days, and expose holders to principal loss if the lowest performing underlying trades below a downside threshold equal to 45% of its starting price at maturity.

The Bank of Nova Scotia is offering $5,000,000 of Trigger Autocallable Contingent Yield Notes linked to the Nasdaq-100 Index® due July 12, 2029. The Notes pay a contingent coupon of 8.10% per annum on each coupon payment date only if the closing level of the Nasdaq-100 on the applicable observation date is equal to or above the coupon barrier. The Notes are quarterly-observed and callable quarterly after 12 months; an automatic call returns principal plus any contingent coupon on the call settlement date. If not called, repayment at maturity depends on the final level versus a downside threshold of 17,818.72 (60.00% of the initial level); if the final level is below that threshold, principal is reduced pro rata to the underlying return and investors could lose a substantial portion or all of principal. The initial level is 29,697.87 (strike date July 6, 2026); issue price is $10.00 per Note (minimum 100 Notes) and BNS’ initial estimated value was $9.71 per Note. All payments are subject to BNS credit risk and the Notes will not be listed.

The Bank of Nova Scotia is offering Contingent Income Auto-Callable Securities due on or about July 20, 2029 linked to the American depositary receipts of Arm Holdings plc. Each note has a stated principal amount of $1,000 and an issue price of $1,000. The securities pay a contingent quarterly coupon of $68.75 (equivalent to 27.50% per annum) when the underlying closing price on a determination date is at or above the downside threshold (40.00% of the initial share price). Notes may auto‑redeem early if the underlying equals or exceeds the call threshold (100% of the initial price). If the final share price is below the downside threshold, payment at maturity is the stated principal multiplied by the share performance factor and could be less than 40.00% of principal, potentially resulting in a total loss. Payments are unsecured obligations of BNS; all amounts are subject to BNS credit risk. Pricing date: July 17, 2026; original issue date: July 22, 2026. Estimated initial value range: $924.32–$954.32.

The Bank of Nova Scotia is offering Autocallable Contingent Coupon Notes linked to the least performing share of Amazon.com, Inc. (AMZN) and Alphabet Inc. Class C (GOOG). The notes are senior, unsecured, cash‑settled debt with a Principal Amount of $1,000 per Note and an expected term of approximately 3 years if not automatically called.

The notes feature quarterly observation/payment dates, an automatic call if each reference asset closes at or above its Initial Value on a Call Observation Date, and a maturity payment tied to the Least Performing Reference Asset. Each Reference Asset’s Barrier and Contingent Coupon Barrier Values equal 65.00% of its Initial Value. Contingent Coupons will be payable only if both Reference Assets meet their Contingent Coupon Barrier Values on an observation date; the Contingent Coupon is at least $37.125 per Note (equal to at least 14.85% per annum) as described. All payments depend on the Bank’s creditworthiness. The Bank’s initial estimated value range at pricing is $935.59 to $965.59 per $1,000.

The Bank of Nova Scotia (BNS) is offering Contingent Income Auto-Callable Securities due on or about July 20, 2029 linked to the common stock of Palantir Technologies Inc. Each note has a $1,000 stated principal amount and an issue price of $1,000. The notes pay a contingent quarterly coupon of $41.40 (equivalent to 16.56% per annum) on a determination date when the closing price of the underlying stock is at least 50.00% of the initial share price (the downside threshold). The notes are automatically redeemed early if the closing price on a non-final determination date is at least the call threshold (100% of the initial share price); otherwise investors face 1-for-1 downside exposure at maturity, with the payment at maturity equal to the stated principal multiplied by the share performance factor if the final share price is below the downside threshold. All payments are subject to BNS credit risk. Pricing date: July 17, 2026; original issue date: July 22, 2026. Estimated initial value range: $936.21 to $966.21.

The Bank of Nova Scotia (BNS) is offering Contingent Income Auto-Callable Securities due on or about July 20, 2029 linked to the common stock of Broadcom Inc. Each security has a stated principal amount of $1,000.00 and an issue price of $1,000.00. The securities pay a contingent quarterly coupon of $34.65 (equivalent to 13.86% per annum) on a determination date only if the closing price of Broadcom is at or above the downside threshold (50.00% of the initial share price). If a determination date meets the call threshold (100% of the initial share price) on a non-final determination date, the securities auto-redeem for the stated principal plus the applicable contingent coupon. If the final share price is below the downside threshold, the maturity payment equals the stated principal multiplied by the share performance factor and can be less than 50% of principal or zero. All payments are subject to BNS credit risk and the securities are not listed. Pricing date is July 17, 2026 and original issue date is July 22, 2026. The initial estimated value range at pricing was between $935.07 and $965.07 per security.