Every 424B that Bank of Nova Scotia (BNS) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow BNS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BNS filings page.
The Bank of Nova Scotia (BNS) is offering $12,816,000 of Contingent Income Auto-Callable Securities due April 13, 2029, senior unsecured notes linked to the common stock of GE Vernova Inc. Each note has a stated principal amount of $1,000 and an issue price of $1,000.
Investors may receive a contingent quarterly coupon of $47.15 (equivalent to 18.86% per annum) on determination dates when the closing price of the underlying stock is at least 60.00% of the initial share price ($594.792). Notes auto‑redeem early if the closing price meets the call threshold ($991.32). If the final share price is below the downside threshold, principal repayment is reduced pro rata by the share performance factor and could be as low as zero. All payments are subject to BNS credit risk.
The Bank of Nova Scotia (BNS) is offering $13,866,000 of Contingent Income Auto-Callable Securities due April 13, 2029, linked to the American depositary receipts of Taiwan Semiconductor Manufacturing Company Limited (TSM). Each note has a stated principal of $1,000, an issue price of $1,000 and an initial estimated value of $973.
The notes pay a contingent quarterly coupon of $37.15 (equivalent to 14.86% per annum) only if the underlying closing price on specified determination dates is >= the downside threshold of $222.36 (60.00% of the initial share price). If a determination date’s closing price meets or exceeds the call threshold of $370.60, the notes will auto‑redeem early for principal plus due coupons. If the final share price is below the downside threshold, maturity payment = stated principal × (final share price / initial share price), which could be 60.00% of principal or as low as zero. All payments are subject to BNS credit risk; investors will not participate in upside beyond contingent coupons and may lose their entire investment.
The Bank of Nova Scotia is offering Autocallable Contingent Barrier Return Enhanced Notes linked to the least performing common stock of Apple Inc., Broadcom Inc. and Meta Platforms, Inc. The Notes have a $1,000 principal amount, an expected Trade Date of April 21, 2026, Original Issue Date of April 24, 2026, and Maturity Date of April 26, 2029.
Key economics: Original Issue Price is 100.00% of principal; initial estimated value is between $888.08 and $918.08 per $1,000; Participation Rate is 300.00%; Call Value = 90.00% of Initial Value; Barrier Value = 60.00% of Initial Value; Call Premium is at least $560.00 (at least 56.00%). Payments depend on the Least Performing Reference Asset and are subject to the Bank’s credit risk.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Notes linked to the least performing of Apple, Broadcom and Meta. Each Note has a $1,000 Principal Amount, an initial estimated value range of $910.14–$940.14 per $1,000 and a term of approximately three years with Final Valuation Date April 23, 2029 and Maturity Date April 26, 2029. Payments and any contingent coupons depend on the Reference Assets and are subject to the Bank’s credit risk. The Notes may be automatically called on specified Call Observation Dates or return may be reduced up to a 100% loss if the Least Performing Reference Asset closes below its 60.00% Barrier Value.
The Bank of Nova Scotia is offering Contingent Buffer Digital Notes linked to the common stock of ASML Holding N.V., with a $1,000 principal amount per Note and an Original Issue Price of 100%. The Trade Date is expected to be April 17, 2026 and the Original Issue Date April 22, 2026. If the Final Value of ASML is at least 80.00% of the Initial Value (the Buffer Value), the Notes will pay a fixed Digital Return of at least 20.56% at maturity; if the Final Value is below the Buffer Value, losses apply on a leveraged basis at a Downside Leverage Factor of 1.25, and investors may lose up to 100% of principal. Payments are unsecured, paid in cash at maturity, and subject to the Bank’s credit risk. The Notes will not be listed and may have little or no secondary market. This summary is qualified by the full pricing supplement and accompanying prospectus materials.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Buffer Notes linked to Broadcom Inc. stock. The notes are senior, unsecured obligations of the Bank with a Principal Amount of $1,000 per note and an Original Issue Price of 100%.
The notes mature May 5, 2027 (term ~54 weeks) and can be automatically called on scheduled Observation Dates if the Reference Asset closes at or above the Initial Value. Contingent Coupons of at least $51.50 may pay when the Closing Value is at or above 75% of the Initial Value. A 25.00% buffer applies at maturity, with a downside leverage factor of ~1.3333; investors may lose up to 100% of principal and are exposed to the Bank’s credit risk.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Notes linked to the common stock of Sandisk Corporation. The Notes are senior, unsecured debt with a $1,000 Principal Amount per Note and an Original Issue Price of 100%. They have an expected term of approximately 3 years (Trade Date April 23, 2026; Maturity Date April 26, 2029) and will pay cash only, subject to the Bank’s creditworthiness.
The Notes 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 $137.50 per Note (equal to at least 55.00% per annum) may be paid when the Reference Asset meets the Contingent Coupon Barrier (60.00% of the Initial Value). If Final Value is below the Barrier (60% of Initial Value), investors may lose up to 100% of principal.
The Bank of Nova Scotia is offering Autocallable Contingent Barrier Return Enhanced Notes linked to the least performing common stock of Blackstone Inc. and KKR & Co. Inc. The notes have a Principal Amount of $1,000 per note, an Original Issue Price of 100.00%, and a Participation Rate of 300.00%. The notes may be automatically called following the Review Date if each Reference Asset equals or exceeds its Call Value, in which case holders receive the Principal Amount plus a Call Premium of at least $220.00 per note. If not called, maturity payments depend on the Final Value of the least performing Reference Asset relative to its Initial Value and a Barrier set at 50.00% of Initial Value; losses may reach 100.00% of principal. The notes do not pay interest, are unsecured obligations of the Bank, are expected to price on April 30, 2026 and mature on May 3, 2029, and all payments are subject to the credit risk of the Bank.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Notes linked to the common stock of Lumentum Holdings Inc. The notes are senior, unsubordinated and unsecured obligations of the Bank, payable in cash and subject to the Bank's credit risk.
The notes have a Principal Amount of $1,000 per note, an Original Issue Price of 100%, an initial estimated value range of $889.14 to $919.14 per $1,000, a trade date of April 23, 2026, a Final Valuation Date of April 23, 2029 and maturity on April 26, 2029. Payments depend on the Reference Asset closing levels on specified observation dates, a Barrier Value and a Contingent Coupon feature; investors may lose up to 100% of principal.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Notes linked to the common stock of Sandisk Corporation. The notes are unsecured senior obligations of the Bank with a Principal Amount of $1,000 per note and an Original Issue Price of 100%.
The notes may be automatically called on specified observation dates if the Reference Asset closes at or above its Initial Value. Contingent Coupons of at least $110.00 per note (equal to at least 44.00% per annum) may be payable on certain observation/payment dates if the Reference Asset meets the Contingent Coupon Barrier Value. If not called, maturity payoff depends on the Reference Asset Return; a Final Value below the Barrier Value (60.00% of the Initial Value) exposes investors to loss of principal, up to 100%.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Notes linked to the common stock of Lumentum Holdings Inc. Each Note has a $1,000 Principal Amount and an Original Issue Price of 100%. The Notes have an approximately three-year term if not called, with a Trade Date of April 23, 2026, Final Valuation Date of April 23, 2029, and Maturity Date of April 26, 2029. The Notes are unsecured senior obligations of the Bank and are subject to the Bank's credit risk. They are autocallable: if the Reference Asset's Closing Value on any Call Observation Date is at or above the Initial Value, the Notes will be automatically called for the Principal Amount plus any applicable Contingent Coupon. If not called, contingent coupons of at least $95.00 per Note (equal to at least 38.00% per annum) may be paid on specified observation/payment dates only when the Closing Value is equal to or above the Contingent Coupon Barrier Value. A Barrier Value and Contingent Coupon Barrier Value are set at 60.00% of the Initial Value; if the Final Value is below that barrier, investors may lose up to 100% of principal. Initial estimated values at pricing are between $872.68 and $902.68 per $1,000 Principal Amount.
The Bank of Nova Scotia published a product supplement (dated April 13, 2026) that supplements its November 8, 2024 prospectus and prospectus supplement to describe Series A senior unsecured notes linked to one or more equity indices, exchange-traded funds or individual equity securities/ADSs. The notes pay principal at maturity subject to the Bank's credit risk and may provide a positive return tied to specified Market Measures; they will not be listed and will be issued in global form.
The supplement names Scotia Capital (USA) Inc. and Wells Fargo Securities, LLC as distribution agents and designates Scotia Capital Inc. (an affiliate) as calculation agent; pricing supplements will specify tranche-level terms, pricing and payment mechanics.
The Bank of Nova Scotia is offering $16,030,000 of Airbag Autocallable Yield Notes linked to the common stock of International Paper Company. Each $1,000 Note pays a fixed coupon of 15.77% per annum (≈ $39.425 per quarter) and matures April 15, 2027 unless automatically called on quarterly observation dates. If called early, investors receive principal plus the coupon; if not called and the final level is at or above the conversion level $31.03 the principal is repaid in cash. If the final level is below the conversion level, the Notes settle in shares (share delivery amount 32.2269 shares per Note) or cash for any fractional share, exposing holders to downside equity risk and potential loss of principal. Payments depend on the creditworthiness of BNS and the Notes will not be listed on an exchange.
The Bank of Nova Scotia (BNS) is offering 1,804,363 units of Autocallable Strategic Accelerated Redemption Securities linked to the Russell 2000 Index, each with a $10 principal amount. The public offering price is $10.00 per unit (aggregate $18,043,630), with underwriting discount $0.20 and a hedging-related charge of $0.05 per unit; proceeds to BNS are $9.80 per unit (aggregate $17,682,757.40). The notes pay no periodic interest, rank as unsecured senior debt of BNS, and are subject to BNS credit risk.
The notes are automatically callable if the Index closing level on any Observation Date equals or exceeds the Starting Value (2,636.310). Call Amounts range from $10.933 to $14.665 per unit depending on which Observation Date triggers the call. If not called, at maturity the investor receives principal if the Ending Value is at or above the Threshold Value (85.00% of Starting Value, 2,240.864); if Ending Value is below the Threshold Value, holders suffer 1-to-1 downside beyond the 15.00% buffer. The initial estimated value on the pricing date was $9.61 per unit, below the public offering price. Secondary market liquidity is limited and payments depend on issuer creditworthiness.
2,727,756 units of Autocallable Strategic Accelerated Redemption Securities® linked to the Russell 2000® Index are being offered at $10.00 per unit, for a total public offering of $27,277,560, subject to the credit risk of The Bank of Nova Scotia (BNS).
The notes mature approximately three years if not called and include automatic call dates approximately one, two and three years after the pricing date. If called, specified Call Amounts apply ($11.309, $12.618, $13.927 per unit). If not called and the Ending Value is below the Starting Value (2,636.310), investors may lose up to their full principal. The initial estimated value on the pricing date was $9.67 per unit, below the public offering price.
The Bank of Nova Scotia is offering market-linked, auto-callable senior notes with a face amount of $1,000 per security. The securities pay a fixed monthly coupon (the coupon rate will be set on the pricing date and will be at least 19.50% per annum) until automatic call or the stated maturity of April 23, 2029. If any monthly call condition is met, securities will be automatically called for the face amount plus a final coupon payment. If not called, the maturity payment depends solely on the lowest performing underlying stock (Axon, Howmet, Kratos, Palantir) on the final calculation day: you receive $1,000 if that stock is at or above its 50% downside threshold, but you may lose more than 50% (and possibly all) of the face amount if that lowest performing stock finishes below its downside threshold. The Bank estimates the securities' value at pricing between $904.70 and $934.70 per security; the original offering price is $1,000 per security.
The Bank of Nova Scotia is offering market-linked senior notes (face amount $1,000 each) due April 19, 2029, linked to the lowest performing of Disney, Alphabet Class C and Meta. The notes are auto-callable approximately one year after issuance for a minimum call premium of 50.00% if the lowest performing underlying closes at or above its starting price on the call date. If not called, the maturity payment depends solely on the lowest performing underlying: investors receive participation of 395% of that underlying’s gain if positive, the face amount if the ending price is between 50% and 100% of the starting price, or full downside exposure if below 50% of starting price.
The original offering price is $1,000; the Bank’s estimated value at pricing is between $880.00 and $889.95, reflecting dealer spread and hedging costs. All payments are subject to the issuer’s credit risk and the securities are not deposit-insured. The pricing date is April 16, 2026 and the issue date is April 21, 2026.
The Bank of Nova Scotia is offering senior, unsecured, equity-linked securities with a $1,000 face amount linked to the lowest performing common stock of BlackRock, Mastercard and MetLife. The securities are auto-callable approximately one year after issuance for a call premium of at least 50.00%. If not called, maturity outcomes depend solely on the lowest performing Underlying Stock: you receive $1,000 plus 195% of that stock's gain if it finishes above its starting price, the face amount if it finishes between 70% and 100% of its starting price, or suffer full downside exposure below 70%, potentially losing most or all principal. The Bank estimates the securities' value at pricing between $880.00 and $897.20 per security. All payments are subject to the Bank's credit risk; no interest or dividends are paid and there is likely limited secondary-market liquidity.
The Bank of Nova Scotia priced a structured senior note offering: market-linked, auto-callable securities with leveraged upside tied to the lowest performing common stock of Eli Lilly, Merck and Stryker. The face amount is $1,000 per security and the securities may be automatically called after ~one year for a call premium of at least 50.00%. If not called, maturity payments depend solely on the lowest performing Underlying Stock: upside participation is 455% if the ending price exceeds the starting price; if the ending price falls below 60% of the starting price, holders suffer full downside and may lose more than 40% or all principal. Payments are unsecured obligations of the Bank and carry credit, liquidity, tax and model-risk disclosures. Pricing date is April 16, 2026 and issue date is April 21, 2026.
The Bank of Nova Scotia is offering 2,050,093 Autocallable Strategic Accelerated Redemption Securities linked to the S&P 500 Index. The notes are sold at $10.00 per unit with proceeds to BNS of $9.80 per unit and an initial estimated value of $9.62 per unit. The notes mature approximately on April 30, 2032 if not automatically called on any Observation Date. They are automatically callable if the S&P 500 closing level on an Observation Date equals or exceeds the Starting Value; call amounts range from $10.862 to $15.172 per unit depending on the Observation Date. If not called and the Ending Value is below the Threshold/Starting Value, holders face 1-to-1 downside exposure to the Index and may lose up to their entire principal. All payments are subject to BNS credit risk; there is no exchange listing and secondary-market liquidity is limited.
The Bank of Nova Scotia is offering 976,252 units of Autocallable Leveraged Index Return Notes® at $10.00 per unit, for a total public offering price of $9,762,520. These senior unsecured notes are linked to an approximately equally-weighted basket of fifteen technology stocks, have a $10 principal amount per unit, a Participation Rate of 200.00%, an Observation Date of April 16, 2027 and maturity of approximately two years on April 28, 2028. The notes will be automatically called on the Observation Date and pay $12.16 per unit (a 21.60% return) if the Basket is flat or higher. If not called, at maturity holders receive 2-to-1 upside participation and 1-to-1 downside exposure to the Basket, with up to 100% of principal at risk. The public offering price includes an underwriting discount of $0.175 per unit and a hedging-related charge of $0.05 per unit; the issuers initial estimated value on the pricing date was $9.701 per unit.
The Bank of Nova Scotia priced Series A equity-linked senior notes (market-linked, auto-callable) with a face amount of $1,000 per security on a pricing date of April 10, 2026 and an issue date of April 15, 2026. The securities are linked to the lowest performing of Microsoft, Netflix and Oracle and pay no interest. They are automatically called on the call date if the lowest performing underlying closes at or above its starting price, producing a 50.00% call premium ($500). If not called, maturity payoff depends on the lowest performing underlying: a 425% upside participation rate applies if that underlying finishes above its starting price; an absolute value return (capped at 50.00%) applies for declines down to 50% of starting price; below 50% you have full downside exposure and could lose more than 50% or all principal. The Bank’s estimated value at pricing was $903.70 per security. All payments are subject to the Bank’s credit risk and the securities lack periodic interest and a listing.
The Bank of Nova Scotia is offering $500,000 of Autocallable Contingent Buffered Return Enhanced Notes linked to the Amplify Junior Silver Miners ETF (SILJ). The notes have a $1,000 principal per note, a 36.70% Call Premium ($367.00) payable on an automatic call, a 200.00% Participation Rate on positive final performance, an Initial Value of $31.41 and an 80.00% Buffer Value of $25.13. The Trade Date was April 10, 2026, settlement April 15, 2026, and maturity is April 13, 2028. Payments depend on the Bank's creditworthiness and the notes do not pay interest prior to maturity.
The Bank of Nova Scotia is offering $2,495,000 aggregate principal amount of Autocallable Contingent Buffered Return Enhanced Notes linked to the shares of the SPDR® Gold Trust (GLD). The two‑year notes mature April 13, 2028, are unsecured senior obligations and pay cash only; they may be automatically called on the Review Date for a $161.20 per‑note Call Premium (16.12%). The notes provide a 125.00% Participation Rate on positive final performance, a 15.00% buffer and a downside leverage factor of ~1.1765; all payments depend on the Bank’s creditworthiness.
The Bank of Nova Scotia offers $410,000 of Autocallable Contingent Barrier Return Enhanced Notes due April 13, 2029 linked to the least performing common stock of Blackstone Inc. and KKR & Co. Inc..
The notes pay no coupons, are unsecured senior debt of the Bank and may be automatically called on the Review Date for a cash payment equal to the $1,000 principal plus a $293.50 Call Premium. If not called, the maturity payoff depends on the Least Performing Reference Asset: a positive return at maturity uses a 300.00% Participation Rate; if the Final Value is at or above the 50.00% Barrier you receive principal; if below the Barrier you suffer a proportional loss and may lose up to 100.00% of principal. The Trade Date was April 10, 2026 and the Original Issue Date is April 15, 2026. The Bank’s initial estimated value at pricing was $949.21 per $1,000, below the Original Issue Price.
The Bank of Nova Scotia priced and issued $7,080,000 Capped Buffered Enhanced Participation Notes linked to the S&P 500® Index with a trade date of April 9, 2026 and maturity on January 12, 2028. Each $1,000 note offers 170.00% participation in positive index returns subject to a $1,211.82 cap per $1,000 and provides a 12.50% downside buffer at maturity; losses beyond the buffer are multiplied by a buffer rate of ~114.29%. Payments are unsecured obligations of the Bank and depend on its creditworthiness.
The Bank of Nova Scotia is offering Autocallable Fixed Coupon Trigger Notes linked to the common stock of Apple Inc., due June 11, 2027. The notes pay a coupon of $7.00 per $1,000 principal (0.70% monthly, up to 8.40% per annum) on expected coupon dates commencing June 2026 and provide automatic early redemption if the reference stock closes at or above the initial price on any call observation date. The trigger price for principal protection is 76.00% of the initial price; if the final price is below that level, holders receive a share delivery amount (or cash for fractional shares) and may lose a substantial portion of principal. The Bank’s initial estimated value range is $925.00–$965.00 per $1,000 and the original issue price is 100%. Terms (including the initial price) are set on the trade date and the offering is subject to completion.
The Bank of Nova Scotia is issuing $13,882,000 of Digital Notes linked to the S&P 500® Index due May 10, 2028. The notes are non‑interest bearing senior, unsecured obligations that pay at maturity an amount tied to the S&P 500® price return from the trade date (April 8, 2026) to the valuation date (May 8, 2028).
Holders receive a capped payment of $1,180.10 per $1,000 principal if the final level is at least 85.00% of the initial level (initial level 6,782.81). If the final level is below that threshold, losses apply with a buffer rate of approximately 117.65%, and investors may lose up to 100.00% of principal. Payments depend on the Bank’s creditworthiness and the notes will not be listed.
The Bank of Nova Scotia priced $1,579,000 of Autocallable Barrier Review Notes linked to the Least Performing Reference Asset of the Russell 2000® and the EURO STOXX 50®, with original issue price 100% and settlement April 14, 2026.
The notes are unsecured senior obligations of the Bank, pay no coupons, and feature an automatic call on specified Observation Dates paying a per-note Call Payment Amount that rises with a 14.10% Call Return Rate per term. If not called and the Final Value of any Reference Asset is below its 80% Barrier Value, repayment at maturity depends on the Least Performing Reference Asset and may result in up to 100% principal loss. Initial estimated value was $954.30 per $1,000, below the Original Issue Price.
The Bank of Nova Scotia is offering senior, unsecured, equity-linked notes (face amount $1,000 per security) that are auto-callable and linked to the lowest performing of Meta Platforms and Microsoft. If auto-called after ~1 year, investors receive the face amount plus a call premium of at least 40.40%. If not called, maturity pay depends on the lowest performing stock: you participate 200% of upside if the ending price is above its start, receive the face amount if the ending price is at least 70% of the start, or suffer full downside below that threshold (losses may exceed 30% and could be total). All payments are subject to the Bank’s credit risk, no periodic interest is paid, and estimated intrinsic value at pricing is between $929.38 and $959.38 per security.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Notes linked to the common stock of Ulta Beauty, Inc. The notes have an Original Issue Price of 100%, are expected to price on April 30, 2026 and settle on May 5, 2026, with a maturity date of May 1, 2029. The initial estimated value at pricing is stated as $933.32–$963.32 per $1,000 Principal Amount. The notes may be automatically called on scheduled call observation dates if the Closing Value of ULTA is at or above the Initial Value; otherwise contingent coupons of at least $45.375 per note (equal to at least 18.15% per annum) may be paid when ULTA closes at or above an 80.00% barrier on observation dates. If not called and the Final Value is below the 80.00% barrier, investors suffer losses equal to the Reference Asset Return and may lose up to 100% of principal.
The Bank of Nova Scotia is offering $4,900,000 of senior, contingent income auto-callable notes due April 12, 2029. Each $1,000 security pays a contingent semiannual coupon of $144.40 (28.88% per annum) only if both Micron (MU) and NVIDIA (NVDA) close at or above 60% of their initial prices on specified determination dates. The notes may be automatically redeemed early if both stocks meet 100% call thresholds on a determination date. At maturity, if the worst performing underlying stock finishes below 50% of its initial price, principal is reduced 1-to-1 by that worst stock’s loss; payment could be less than 50% of principal or zero. Payments depend on BNS creditworthiness; initial estimated value was $977.70 per $1,000 stated principal.
The Bank of Nova Scotia priced market-linked senior notes: monthly fixed coupon (rate to be set on pricing date, at least 12.25% per annum), face amount $1,000 per security, issue date May 4, 2026 and stated maturity May 4, 2029. The notes are auto-callable monthly (Nov 2026–Apr 2029) if the lowest performing underlying stock closes at or above 95% of its starting price; otherwise the maturity payoff depends on the lowest performing stock versus a 70% downside threshold and may result in loss of more than 30% of principal. Estimated value range on the cover: $903.10–$933.10 per security. Payments are unsecured obligations of the Bank and carry its credit risk; securities are not insured and have no exchange listing.
The Bank of Nova Scotia (BNS) offers Contingent Income Auto-Callable Securities linked to the common stock of GE Vernova Inc. The notes have a stated principal amount of $1,000.00 per security, pricing date April 17, 2026, original issue date April 22, 2026, and maturity on or about April 20, 2029.
The securities pay a contingent quarterly coupon of $34.625 (equivalent to 13.85% per annum) on each contingent coupon payment date only if the underlying closing price on the related determination date is greater than or equal to the downside threshold price, defined as 50.00% of the initial share price. The notes are auto-callable before maturity if the closing price on a determination date is greater than or equal to the call threshold price (equal to 100.00% of the initial share price), in which case you receive the stated principal plus the contingent coupon payable for that date and any unpaid memory coupons.
These are principal-at-risk, senior unsecured obligations of BNS; if the final share price is below the downside threshold you receive the stated principal multiplied by the share performance factor and may lose a significant portion or all of your investment. All payments are subject to BNS credit risk and limited secondary-market liquidity.
The Bank of Nova Scotia offers Contingent Income Auto-Callable Securities due on or about April 20, 2029 linked to the common stock of Microsoft Corporation. Each note has a $1,000 stated principal amount and pays a $27.125 contingent quarterly coupon (equivalent to 10.85% per annum) when the closing price on a determination date is at or above the downside threshold (70% of the initial share price).
If a determination date (other than the final date) meets the call threshold (100% of the initial share price), the securities are automatically redeemed at the stated principal plus that quarter's contingent coupon. If the final share price is below the downside threshold, maturity payment equals the stated principal multiplied by the share performance factor (final/initial share price), exposing investors 1-for-1 to declines and risking loss of a significant portion or all principal. All payments are subject to the credit risk of BNS. Pricing date is April 17, 2026; original issue date is April 22, 2026.
The Bank of Nova Scotia is offering senior, unsecured market-linked notes with a $1,000 face amount per security that are auto-callable and linked to the lowest performing share of Amazon, Microsoft and Oracle. If automatically called (call date approximately April 22, 2027), holders receive the face amount plus a 50.00% call premium. If not called, the maturity payoff (stated maturity April 20, 2029) depends solely on the ending price of the lowest performing Underlying Stock and may provide leveraged upside (an upside participation rate of at least 234%) or full downside exposure (losses greater than 50%, potentially the entire face amount). The Bank’s estimated value at pricing is between $888.00 and $918.00 per security; the original offering price is $1,000.00, which includes selling concessions and hedging costs. The securities do not pay interest, are subject to the Bank’s credit risk, and lack a guaranteed secondary market.
The Bank of Nova Scotia (BNS) is offering Contingent Income Auto-Callable Securities due on or about April 13, 2028, linked to the common stock of Broadcom Inc. (ticker AVGO). Each security has a stated principal amount of $1,000.00 and can pay a contingent quarterly coupon of $36.40 (equivalent to 14.56% per annum) if the underlying closing price on a determination date is ≥ 55.00% of the initial share price. The securities are senior unsecured notes of BNS, do not guarantee principal, expose holders 1-to-1 to downside on the final share price if below the downside threshold, and may be automatically redeemed early if the underlying meets the call threshold. All payments are subject to BNS credit risk and limited secondary-market liquidity.
The Bank of Nova Scotia is offering Capped Buffered Enhanced Participation Notes linked to the S&P 500® Index with an expected term of approximately 21 to 24 months. The notes pay no interest and provide 170.00% participation in positive index returns up to a maximum payment expected between $1,193.29 and $1,227.29 per $1,000. The notes provide a 12.50% buffer (buffer level = 87.50% of initial level) — losses beyond that are multiplied by a buffer rate of approximately 114.29%, so investors may lose up to their entire principal. The notes are senior, unsecured obligations of the Bank, not listed, and subject to the Bank’s credit risk. The Bank’s initial estimated value range is $957.00 to $987.00 per $1,000, below the original issue price of 100%.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Trigger Notes linked to Best Buy Co., Inc. The notes pay a contingent monthly coupon of $16.292 per $1,000 if the reference stock closes at or above a 67.00% coupon barrier. Notes are $1,000 each ($817,000 aggregate), trade date April 6, 2026, original issue date April 9, 2026, and mature on May 11, 2027 unless automatically called.
The notes are automatically called on a call observation date (Oct 2026–Apr 2027) if the closing price is equal to or greater than the initial price of $64.20, in which case holders receive $1,000 plus the contingent coupon. If not called, final payment depends on the final price on May 6, 2027. If the final price is below 67.00% of the initial price, holders suffer proportional principal loss (you lose 1% for each 1% decline from the initial price) and receive no contingent coupon. The Bank's creditworthiness governs all payments. The Bank's initial estimated value was $987.91 per $1,000, below the original issue price.
The Bank of Nova Scotia priced $2,186,000 of autocallable contingent coupon trigger notes linked to Best Buy Co., Inc. The notes pay a contingent monthly coupon of $14.25 per $1,000 (1.425% monthly; up to 17.10% per annum) when the reference stock closes at or above a coupon barrier equal to 67.00% of the initial price. The initial price was $64.20 (trade date April 6, 2026). The notes mature on May 11, 2027, are automatically called if a call observation date closing price is at or above the initial price, and expose investors to full principal risk if the final price is below the trigger price. Payments are obligations of the Bank and depend on its creditworthiness.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Trigger Notes linked to the common stock of Netflix, Inc. The notes are senior, unsecured obligations due May 26, 2027, with expected trade date April 21, 2026 and original issue price of 100% per $1,000 note. Each monthly contingent coupon equals $9.792 per $1,000 if the closing price of Netflix on an observation date is ≥69.00% of the initial price; otherwise no coupon is paid. Notes may be automatically called on specified call observation dates if the closing price is ≥ the initial price, in which case holders receive $1,000 plus the contingent coupon. If not called and the final price is below 69.00% of the initial price, holders receive a share delivery amount equal to $1,000 divided by the initial price and will likely suffer a substantial loss. Payments are subject to the Bank’s credit risk; initial estimated value is $925.00 to $955.00 per $1,000.
The Bank of Nova Scotia is offering autocallable notes linked to Citigroup Inc. common stock that mature on May 26, 2027. Each $1,000 note pays a $10.667 contingent monthly coupon when the reference stock closes at or above 70.00% of its initial price on an observation date. Notes may be automatically called on call observation dates beginning in October 2026 if the reference stock closes at or above the initial price; upon a call you receive $1,000 plus the contingent coupon. If not called and the final price is below 70.00%, you receive a share delivery amount (a number of Citigroup shares equal to $1,000 divided by the initial price) and no contingent coupon, meaning you could lose all or most of your investment. The initial estimated value range on pricing is $925.00 to $955.00 per $1,000 principal, while the original issue price is 100.00%. Payments depend on the Bank’s creditworthiness and various model assumptions.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Trigger Notes linked to the common stock of Morgan Stanley with an expected maturity of May 26, 2027. The notes pay a contingent monthly coupon of $10.625 per $1,000 principal (1.0625% monthly, up to 12.75% annually) only if the reference stock's closing price on an observation date is at or above a coupon barrier of 71.00% of the initial price. Beginning in October 2026, if on a call observation date the reference stock closes at or above the initial price the notes will be automatically redeemed at par plus the contingent coupon. If not called, at maturity holders receive cash if the final price is at or above the 71.00% trigger; otherwise holders receive a share-delivery amount equal to $1,000 divided by the initial price, which can result in a substantial loss. The initial estimated value range on the trade date is expected to be between $925.00 and $955.00 per $1,000 principal, and any payments are subject to the Bank’s credit risk.
The Bank of Nova Scotia is offering U.S. dollar denominated Digital Notes linked to TOPIX under its Senior Note Program, Series A. The notes pay no periodic interest and mature approximately 17 to 20 months after the trade date. At maturity each $1,000 note will pay either the greater of a threshold settlement amount (expected between $1,199.70 and $1,234.30) or $1,000 plus the percentage change in TOPIX, if TOPIX is non‑negative; if TOPIX falls below its initial level the holder suffers a loss equal to the negative reference asset return (up to 100%). Payments depend on the Bank’s creditworthiness and the notes will not be listed.
The Bank of Nova Scotia is offering autocal lable, contingent buffered return enhanced notes linked to the Amplify Junior Silver Miners ETF (SILJ). Each Note has a $1,000 Principal Amount and an Original Issue Price of 100% per Note. The Notes are senior, unsecured obligations of the Bank and do not pay interest.
If the Reference Asset's Closing Value on the Review Date is at least 100% of the Initial Value, the Notes will be automatically called and pay Principal plus a Call Premium of at least $367.00 (at least 36.70%). If not called, maturity payments depend on the Final Value: positive returns receive a 200.00% Participation Rate on upside; if Final Value is between 80.00% and 100.00% of Initial Value, you receive Principal; if Final Value is below 80.00% you suffer leveraged losses equal to 1.25% of Principal for each 1% below the Initial Value in excess of 20.00% (Downside Leverage Factor = 1.25).
The Bank of Nova Scotia priced and offered senior, equity-linked securities with an original offering price of $1,000 per security for a total of $1,554,000 in this tranche. The notes are market‑linked, auto‑callable and repay based solely on the performance of the lowest performing underlying stock.
The securities feature a call premium of 49.85% and a 400% upside participation rate, contingent downside protection only to a 50% threshold and an estimated value on the pricing date of $886.04 (88.604%) per security. All payments are subject to the Bank's credit risk and the securities are intended to be held to maturity.
The Bank of Nova Scotia is offering market-linked, auto-callable senior notes linked to the lowest performing of Microsoft, Netflix and Oracle, with a $1,000 face amount. If auto-called (call date April 15, 2027), investors receive the face amount plus a $500 call premium. If not called, the maturity payment (stated maturity April 13, 2029) depends solely on the ending price of the lowest performing underlying stock: upside participation is at least 425% (to be set on the pricing date); an absolute-value feature can produce up to 50% positive return for moderate declines; declines beyond 50% expose investors to full downside. The Bank’s estimated value at pricing is $880.00–$897.30 per security; original offering price is $1,000. All payments are subject to the Bank’s credit risk. The securities are complex and may lack liquidity; investors should read the risk and tax sections carefully.
The Bank of Nova Scotia offers Autocallable Barrier Review Notes linked to the least performing of the Russell 2000® and EURO STOXX 50® indices, scheduled to price April 9, 2026 and mature April 15, 2031.
Each Note has a $1,000 Principal Amount, an Original Issue Price of 100.00%, an initial estimated value range of $927.67–$957.67, and a Call Return Rate of 14.10% per term. Notes auto-call on specified Observation Dates if both reference indices meet their Call Values; if not called, final payoff depends on the Least Performing Reference Asset relative to an 80.00% Barrier Value, exposing investors to up to 100% principal loss. Payments are unsecured obligations subject to the Bank’s credit risk.
The Bank of Nova Scotia is offering capped buffered enhanced participation notes linked to the S&P 500® Index with a term expected to be approximately 27 to 30 months. The notes pay no interest and provide 160.00% participation in positive index performance up to a capped $1,250.08–$1,294.08 per $1,000 principal amount. The notes include a 15.00% buffer: if the final level falls by up to 15.00% you receive principal; declines beyond 15.00% expose investors to losses at a buffer rate of approximately 117.65%. Initial estimated value is expected between $954.40 and $984.40 per $1,000, below the issue price of 100% of principal. Payments at maturity depend on the final valuation date level and are subject to the Bank’s credit risk and numerous liquidity, tax and model-value risks.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Notes linked to the common stock of Coinbase Global, Inc. The notes are senior, unsecured obligations of the Bank with a Principal Amount of $1,000 per note, expected to price on April 16, 2026 and settle on April 21, 2026. The notes may be automatically called on observation dates if Coinbase's Closing Value is at or above the Initial Value. If not called, contingent coupons may pay on scheduled coupon payment dates only when the Reference Asset meets a 60.00% barrier test; otherwise payments at maturity depend solely on the Reference Asset Return and investors may lose up to 100% of principal. The initial estimated value range is $927.67 to $957.67 per $1,000, and the Contingent Coupon is at least $78.75 per note (31.50% per annum). All payments are subject to the credit risk of the Bank and the notes will not be listed on an exchange.