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 issuing Autocallable Contingent Coupon Trigger Notes linked to the shares of the VanEck® Semiconductor ETF (SMH) with $271,000 aggregate principal and $1,000 denomination. The notes pay quarterly contingent coupons (up to 3.00% per quarter) if the reference asset meets a 70.00% coupon barrier on observation dates and are automatically called if the ETF closes at or above the initial price of $362.53 on any call observation date. If not called, maturity is July 6, 2027, and principal is exposed: if the final price is below 70.00% of the initial price, investors suffer a loss equal to the percentage decline in the reference asset, potentially losing the full investment. Payments are unsecured obligations of the Bank and are subject to its credit risk.
The Bank of Nova Scotia priced $1,678,000 of Buffered Index-Linked Notes linked to the S&P 500® Index due July 6, 2027. Each $1,000 note pays at maturity based on the S&P 500 price return measured from the trade date of March 30, 2026 to the valuation date of June 30, 2027. The notes feature a 10.00% buffer (90.00% buffer level) that protects against the first 10.00% of a decline but expose holders to losses beyond that point (up to a 90.00% principal loss). Positive participation in index gains is capped at a maximum upside payment amount of $1,092.50 per $1,000 principal amount (i.e., participation capped at 9.25%). The initial estimated value at pricing was $953.63 per $1,000, below the original issue price of 100.00%.
Payments at maturity and any secondary market value are subject to the Bank’s creditworthiness, no interest is paid prior to maturity, and the notes will not be listed on an exchange. The offering proceeds are for general corporate purposes.
The Bank of Nova Scotia is offering Digital Notes linked to the S&P 500® Index with a $1,000 principal amount per note, maturing on May 13, 2027. The initial level (strike date March 31, 2026) is 6,528.52. If the final level on the valuation date (May 11, 2027) is at least 90.00% of the initial level, holders receive a capped payment of $1,116.00 per $1,000. If the final level is below 90.00% of the initial level, losses apply and investors may lose up to 100% of principal; downside exposure below the 10.00% threshold is amplified by an approximate 111.11% buffer rate. Notes pay no interest, are unsecured obligations of the Bank, are not listed, and carry issuer credit risk. The original issue price is 100% and the Bank’s initial estimated value range on the trade date is $960.90 to $990.90 per $1,000. The offering includes underwriting commissions and hedging-related costs that reduce secondary-market value.
The Bank of Nova Scotia is offering $3,754,000 of Autocallable Contingent Coupon Notes due April 2, 2029 linked to the common stock of KKR & Co. Inc. The notes are senior, unsecured obligations of the Bank and pay contingent $50.00 coupons (20.00% per annum) only if the Reference Asset meets barrier tests on scheduled observation dates. The notes may be automatically called early if the Reference Asset closes at or above the Initial Value on any Call Observation Date. If not called, maturity payment depends on the Reference Asset Return relative to a 70.00% barrier: full principal is repaid if the Final Value is at or above $64.75 (70.00% of the Initial Value of $92.50); otherwise investors suffer dollar-for-dollar downside to principal. The trade date was March 31, 2026, original issue date April 6, 2026, minimum $1,000 denomination, and all payments are subject to the Bank’s credit risk.
The Bank of Nova Scotia (BNS) is offering Contingent Income Auto-Callable Securities due on or about April 13, 2029, linked to the common stock of Palantir Technologies Inc.. Each note has a stated principal amount of $1,000.00 and an issue price of $1,000.00. Investors may receive a contingent quarterly coupon of $42.525 (equivalent to 17.01% per annum) on a determination date if the closing price of the underlying stock is at or above the downside threshold (50.00% of the initial share price).
If a determination date before maturity meets the call threshold (100.00% of the initial share price), the notes will be automatically redeemed for the stated principal plus applicable contingent coupons. If the final share price is below the downside threshold, the maturity payment is the stated principal multiplied by the share performance factor and can be less than 50.00% of principal or zero; investors bear full credit risk of BNS.
The Bank of Nova Scotia is offering Autocallable Digital Buffer Notes linked to an equally-weighted basket of four equity securities with a term of approximately 24 months.
The notes pay no coupons, may be automatically called on the Review Date for a cash payment of $1,220.50 per $1,000 principal (a 22.05% Call Premium), and at maturity provide either a 44.10% digital return, a leveraged participation of 150.00% of positive basket performance, return of principal if the Final Basket Value is at or above 85.00% of the Initial Basket Value, or leveraged losses (approximately 1.1765% loss per 1% decline beyond the 15% buffer).
The Bank of Nova Scotia priced $8,668,000 of Autocallable Contingent Barrier Return Enhanced Notes due April 5, 2029. The notes are unsecured senior obligations that reference the least-performing common stock of Ares Management, Blackstone and KKR. They pay no coupons, have a 54.00% call premium if all three Reference Assets meet their Call Values on the Review Date, a 300.00% participation rate for positive performance at maturity, and a Barrier set at 50.00% of each Initial Value. Payments depend on (1) automatic call outcomes on the Review Date, (2) Final Values on the Final Valuation Date, and (3) the Bank’s creditworthiness.
The Bank of Nova Scotia is offering $2,391,000 of Autocallable Contingent Coupon Notes linked to NVIDIA Corporation common stock. The notes are senior, unsecured obligations of the Bank, settle April 6, 2026, mature April 5, 2029, and may be automatically called early if NVDA closes at or above the Initial Value on any Call Observation Date.
If not called, contingent coupons of $47.50 per note (19.00% per annum) may be paid on scheduled Contingent Coupon Payment Dates only when NVDA closes at or above a barrier of $122.08 (70.00% of the Initial Value). At maturity, holders receive $1,000 if the Final Value is at or above the $122.08 Barrier Value; otherwise the payment equals $1,000 × (1 + Reference Asset Return), exposing investors to up to 100% principal loss. All payments depend on the Bank’s creditworthiness.
The Bank of Nova Scotia is offering $1,100,000 of Autocallable Contingent Coupon Notes linked to the common stock of Amazon.com, Inc.. The notes pay a contingent quarterly coupon of $42.875 per note (17.15% per annum) if the Reference Asset meets the 80% barrier on observation dates, are automatically called if Amazon's closing value is at or above the Initial Value on any call observation date, and repay principal at maturity only if the Final Value is at or above the 80% Barrier Value; otherwise investors suffer full downside to the Reference Asset. Trade Date was March 31, 2026, Original Issue Date April 6, 2026, Final Valuation Date March 27, 2029 and Maturity Date April 2, 2029. The notes are unsecured senior obligations of the Bank, carry the Bank's credit risk, are not listed, have a minimum $1,000 denomination and an initial estimated value of $964.17 per $1,000, below the 100% Original Issue Price.
The Bank of Nova Scotia is offering $640,000 of Autocallable Contingent Coupon Notes linked to the common stock of Eli Lilly and Company. Each Note has a $1,000 principal amount, an Original Issue Date of April 6, 2026 and a Maturity Date of April 5, 2028. The Notes may be automatically called on scheduled Call Observation Dates if the Reference Asset closes at or above the Initial Value; if not called, maturity pay‑out depends on the Final Value versus a Barrier Value of $505.87 (55% of the Initial Value). Contingent Coupons of $25.625 per Note (equal to 10.25% per annum) pay on specified dates only if observation-date closing values meet the Contingent Coupon Barrier Value. The Notes are senior, unsecured obligations of the Bank and are subject to the Bank’s credit risk. The Bank’s initial estimated value per Note was $964.61, which is below the Original Issue Price.
The Bank of Nova Scotia offers Capped Buffered Return Notes linked to the S&P 500® Index due May 1, 2031. The notes are senior, unsecured obligations with a $1,000 Principal Amount per note and a minimum investment of $1,000. If the Final Value of the S&P 500® Index on the Final Valuation Date (April 28, 2031) is greater than the Initial Value, holders receive $1,000 plus the positive Reference Asset Return subject to a Maximum Return of at least 68.15%. If the Final Value is between the Initial Value and the Buffer Value (equal to 85.00% of the Initial Value), investors receive principal. If the Final Value is below the Buffer Value, investors absorb losses equal to the Reference Asset decline in excess of the 15.00% buffer and may lose up to 85.00% of principal. The Trade Date is expected to be April 27, 2026 and settlement April 30, 2026. The Bank’s initial estimated value range is $906.63 to $936.06 per $1,000, and underwriting commissions may be up to 3.50%.
The Bank of Nova Scotia offers Digital Notes linked to the EURO STOXX Banks Index. These unsubordinated, unsecured notes pay no interest and have a term expected to be approximately 16 to 18 months from the trade date to the valuation date. At maturity you receive either a capped positive payment (the threshold settlement amount, expected between $1,139.10 and $1,163.20 per $1,000) if the final level is at least 75.00% of the initial level, or a loss that increases by approximately 1.3333% for each 1% decline below that 75.00% threshold (the buffer rate is approximately 133.33%), potentially causing a total loss of principal.
Original issue price is 100.00% with underwriting commissions of 1.00% (about $10.00 per $1,000). The initial estimated value range is stated as $953.28 to $983.28 per $1,000, below the issue price. Payments are subject to the Banks creditworthiness and the offering is subject to completion.
The Bank of Nova Scotia is offering $20,020,000 aggregate principal amount of Digital Notes linked to the EURO STOXX 50® Index, with a trade date of March 27, 2026 and maturity on June 29, 2028. Each note has a $1,000 principal amount and pays no interim interest; maturity payoff depends on the reference asset return versus the initial level of 5,505.80. If the final level is equal to or above the initial level you will receive, per $1,000, the greater of the threshold settlement amount of $1,337.50 or $1,000 plus the percentage return of the reference asset; if below, you will receive $1,000 plus the negative reference asset return (you may lose up to 100% of principal). The notes are senior unsecured obligations of the Bank and are subject to the Bank’s credit risk and other risks described in the pricing supplement.
The Bank of Nova Scotia is offering Capped Buffered Enhanced Participation Basket‑Linked Notes totaling $6,072,000. Each $1,000 note pays at maturity on June 1, 2028 based on a weighted basket of five international indices (trade date March 27, 2026; valuation date May 30, 2028).
The notes feature a 150.00% participation rate, a $1,523.95 maximum payment per $1,000 (cap ≈ 34.93% appreciation), and a 10.00% buffer that protects only against the first 10% decline; losses beyond the buffer are amplified by a buffer rate of ≈ 111.11%. Payments depend on the Bank’s creditworthiness.
The Bank of Nova Scotia is offering Capped Enhanced Participation Notes linked to the KraneShares CSI China Internet ETF with $1,000 principal per note and $980,000 aggregate initial issue. The notes pay no interest; maturity is May 13, 2027 with valuation date May 11, 2027. The initial price was $27.91 (initial price of the ETF) and the notes feature a 300.00% participation rate on positive reference asset returns, capped at a maximum payment amount of $1,385.50 per $1,000 (cap equals 138.55%). If the final price is below the initial price, investors bear downside dollar-for-dollar and can lose up to 100% of principal. Payments depend on the Bank’s creditworthiness; the notes are unsecured, non‑listed, and subject to liquidity, foreign market, currency, and other risks.
The Bank of Nova Scotia is offering senior unsecured, autocallable "Trigger Autocallable GEARS" linked to the Russell 2000® Index with a principal amount of $10 per Security. The notes carry a 12.00% call return rate if automatically called on the observation date; otherwise maturity payments depend on the index return, an upside gearing between 1.83 and 2.03, and a 75.00% downside threshold. Trade date is April 15, 2026 with expected settlement April 17, 2026, observation date April 22, 2027 and final valuation/maturity in April 2031. The securities do not pay interest, may have limited liquidity, and repayment of principal depends on BNS creditworthiness.
The Bank of Nova Scotia (BNS) is offering two separate series of Airbag Autocallable Yield Notes linked to the common stock of AbbVie Inc. and JPMorgan Chase & Co.. The aggregate issue sizes are $1,930,000 (AbbVie notes) and $3,972,000 (JPM notes). Each Note has a $1,000 principal amount, a roughly 12‑month term (maturing April 2, 2027), fixed monthly coupons (~10.00% per annum for AbbVie and 10.00% for JPM listings shown), an automatic call if the underlying equals or exceeds the call threshold on an observation date, and contingent physical settlement at maturity if the final level is below the conversion level.
The Notes pay coupons while outstanding but do not provide dividend rights or upside participation in the underlying equity; if not called and the final level is below the conversion level, holders receive a share delivery amount calculated as $1,000 divided by the conversion level (subject to adjustments), which may be worth substantially less than principal. All payments are subject to BNS credit risk. Initial estimated values per $1,000 are $979.32 (AbbVie) and $977.12 (JPM).
The Bank of Nova Scotia priced Trigger Autocallable Notes linked to the Russell 2000® Index. The Notes are senior unsecured obligations with a principal amount of $10 per Note, a term of approximately five years (trade date April 2, 2026, settlement April 8, 2026, maturity April 7, 2031), and are callable quarterly after 12 months. The call return rate will be set on the trade date and is indicated on the cover as 10.55%–11.55% per annum. The downside threshold is 75.00% of the initial level, exposing holders to full downside market risk if the final level is below that threshold. BNS’s initial estimated value range is $9.23–$9.53 per $10 Note; the public issue price is $10.00. Payments, including principal, depend on BNS’s creditworthiness.
The Bank of Nova Scotia (BNS) is offering Contingent Income Auto-Callable Securities due on or about April 13, 2029, senior unsecured notes linked to the common stock of GE Vernova Inc. The notes have a $1,000 stated principal amount and pay a contingent quarterly coupon of $47.15 (equivalent to 18.86% per annum) on each determination date when the closing price of the underlying stock is at least 60.00% of the initial share price (the downside threshold). The notes are automatically redeemed early if the underlying stock closes on a determination date at or above the call threshold (equal to 100.00% of the initial share price), in which case holders receive the stated principal plus contingent coupons due. If the final share price is below the downside threshold, holders receive the stated principal multiplied by the share performance factor (final/initial share price) and may lose a significant portion or all of their investment. Payments are subject to BNS credit risk. Pricing date is April 10, 2026 and original issue date is April 15, 2026. The initial estimated value range is $935.88 to $965.88 per note; the issue price is $1,000 (including distribution costs).
The Bank of Nova Scotia (BNS) is offering Contingent Income Auto-Callable Securities linked to the ADRs of Taiwan Semiconductor Manufacturing Company Limited (TSM). Each note has a stated principal amount of $1,000, an estimated initial value of $937.28–$967.28, an issue price of $1,000, a pricing date of April 10, 2026, an original issue date of April 15, 2026 and a maturity date of April 13, 2029. The securities pay a contingent quarterly coupon of $37.15 (equivalent to 14.86% per annum) only if the closing price on a determination date is at or above the downside threshold (equal to 60.00% of the initial share price). If a determination date’s closing price is at or above the call threshold (equal to 100.00% of the initial share price), the notes redeem early at principal plus the relevant coupons. If the final share price is below the downside threshold, principal is reduced by the share performance factor (final/initial) and could be less than 60.00% of principal or zero. All payments are subject to BNS credit risk. Commissions and structuring fees total $22.50 per $1,000 stated principal.
The Bank of Nova Scotia is offering Trigger Autocallable GEARS linked to the Nikkei 225® Index. The securities are senior unsecured notes with a principal amount of $10 per Security and a term of approximately 5 years, callable early if the observation-date closing level is at or above the autocall barrier (equal to the initial level). If automatically called on the observation date, the call price equals $10 plus a 20.00% call return. If not called, maturity payoffs depend on the underlying return and an upside gearing (1.68–1.88 range) or, if the final level is below the 75.00% downside threshold, investors can suffer full downside market exposure, potentially losing their entire investment. Payments are subject to BNS credit risk. Trade date, settlement, observation and maturity dates are listed in the pricing supplement.
The Bank of Nova Scotia is offering Trigger Autocallable GEARS linked to the iShares MSCI Brazil ETF (EWZ). The offering totals $9,780,800 at $10.00 per Security with a minimum investment of 100 Securities. Key economic terms include an Initial Level of $36.63, an Autocall Barrier equal to 100.00% of the Initial Level, a Call Return Rate of 20.00%, Upside Gearing of 2.13, and a Downside Threshold equal to 75.00% of the Initial Level ($27.47). Trade and settlement dates are March 27, 2026 and March 31, 2026, the observation date is April 1, 2027, and maturity is March 29, 2029. The Securities do not pay interest and are subject to BNS credit risk; investors may lose a significant portion or all of their investment.
The Bank of Nova Scotia is offering capped structured notes linked to the shares of the SPDR Gold Trust (GLD). The Notes have a $1,000 principal amount per Note, expected Trade Date April 27, 2026, Original Issue Date April 30, 2026, Final Valuation Date May 10, 2027 and Maturity Date May 13, 2027. Payments at maturity are cash only and subject to the Bank's credit risk. If the Final Value exceeds the Initial Value you receive the Reference Asset Return capped at a Maximum Return of at least 12.53%; if the Final Value is below the Initial Value you lose pro rata down to a floor payment of $950.00 per Note. The Bank estimates initial note value between $954.75 and $984.75 per $1,000 principal; the Original Issue Price is 100%.
The Bank of Nova Scotia is offering $16,276,000 of contingent income auto-callable securities linked to Broadcom Inc. Each senior note has a stated principal amount of $1,000, an issue price of $1,000, and matures on April 2, 2029. The notes pay a contingent quarterly coupon of $32.75 (equivalent to 13.10% per annum) when the closing price of Broadcom is at or above the downside threshold of $150.34 (50% of the initial share price). The call threshold equals the initial share price of $300.68 and early automatic redemption occurs if a determination date closing price is at or above that level. If the final share price is below the downside threshold, principal at maturity is reduced by the share performance factor and may be less than 50.00% of principal or zero. Payments are subject to the credit risk of BNS.
The Bank of Nova Scotia is offering $19,395,000 of Digital Notes linked to TOPIX due April 28, 2027. The notes do not bear interest; the payment at maturity depends on TOPIX performance from the trade date March 26, 2026 (initial level 3,642.80) to the valuation date April 26, 2027. For each $1,000 principal, if the final level is equal to or greater than the initial level you receive the greater of (i) the threshold settlement amount $1,190.00 or (ii) $1,000 plus $1,000 times the reference asset return; if the final level is lower you suffer a loss equal to the negative reference asset return and may lose up to 100% of principal. The Bank provided an initial estimated value of $984.03 per $1,000, which is less than the original issue price. Any payment is subject to the Bank’s credit risk and other risks described in the supplement.
The Bank of Nova Scotia priced $3,856,000 of capped notes linked to shares of the SPDR® Gold Trust (GLD), offering principal‑linked cash payments at maturity on April 14, 2027. The notes pay no coupons, have a Maximum Return of 14.08%, and protect principal only to a floor of $950 per $1,000 (maximum loss of 5%). The Initial Value of GLD was $414.70 on the Trade Date; Final Valuation Date is April 9, 2027. The Original Issue Price is 100% and minimum investment is $10,000; all payments are subject to the Bank’s credit risk.
The Bank of Nova Scotia is offering $12,906,080 of Trigger Autocallable GEARS linked to the S&P 500® Index with a March 31, 2031 maturity. The notes pay no interest, have a 9.00% call return if autocalled on the observation date and an upside gearing of 1.72 at maturity if not called. Principal repayment at maturity is contingent on index performance versus a 75.00% downside threshold; investors can lose a significant portion or all principal and are exposed to BNS credit risk.
The Bank of Nova Scotia is offering senior, unsecured market-linked notes with a $1,000 face amount per security and an original offering price of $1,000.00 per security. The notes are auto-callable on April 8, 2027 for a 50.00% call premium and mature on April 5, 2029. If not called, the maturity payment depends solely on the performance of the lowest performing of Apollo Global Management, Blackstone and KKR: investors may receive leveraged upside (an upside participation rate of at least 300% to be set on the pricing date), receive only the face amount if the lowest performing stock finishes at or above 60% of its starting price, or suffer full downside exposure (losing more than 40%, and possibly all, of principal) if that stock finishes below 60% of its starting price.
The Bank of Nova Scotia is offering senior market‑linked securities with a $1,000 face amount per security. These auto‑callable notes are linked to the lowest performing of the S&P 500®, Russell 2000® and Nasdaq‑100® and may be automatically called on May 5, 2027 for a 12.00% ($120) call premium. If not called, at stated maturity on May 3, 2029 the payment depends on the lowest performing Index: at least a 58.00% ($580) contingent minimum return if the lowest Index finishes at or above its starting level, repayment of principal if the lowest Index finishes between 70% and 100% of its starting level, or full downside exposure (losses greater than 30%, possibly all) if it finishes below 70% of its starting level. The Bank's estimated value at pricing is between $916.05 and $946.05 per security. All payments are subject to the Bank's credit risk and no periodic interest is paid.
The Bank of Nova Scotia is offering senior, unsecured, equity index-linked notes with auto-call and buffered downside features linked to the EURO STOXX 50® Index. The notes have an original offering price of $1,000 per security, a potential call premium of at least 11.50%, an upside participation rate of 150%, a buffer of 15%, an expected pricing date of April 29, 2026, an issue date of May 4, 2026 and a stated maturity of May 3, 2029. The Bank’s estimated value at pricing is between $928.97 and $958.97 per security. Payments depend on Index performance, the securities may be automatically called after approximately one year if the Index closing level on the call date is at or above the starting level, and all payments are subject to the Bank’s credit risk.
The Bank of Nova Scotia priced a $1,000 face‑amount market‑linked senior note (Series A) — auto‑callable, equity‑linked to the lowest performing of AMD, NVIDIA and Tesla. The securities pay no interest, may be automatically called after ~one year for a $500 (50.00%) call premium, and otherwise provide either 500% upside participation on positive performance or an absolute value return (capped at 50%) on moderate declines. If the lowest performing stock falls below 50% of its starting price, investors absorb full downside and may lose more than 50% or all principal. The Bank’s estimated value at pricing was $916.59 per security versus the $1,000 original offering price; all payments are subject to the Bank’s credit risk.
The Bank of Nova Scotia is issuing 6,245,923 Capped Leveraged Index Return Notes® linked to the S&P 500® Index due March 31, 2028. The notes offer 2-to-1 upside participation subject to a 20.16% cap, a 90.00% threshold (you receive principal if Index decline ≤10.00%), and 1-to-1 downside beyond that threshold. Pricing date was March 26, 2026; settlement April 2, 2026. Public offering price is $10.00 per unit (initial estimated value $9.64). Payments at maturity are subject to BNS credit risk; no periodic interest; limited secondary market liquidity.
The Bank of Nova Scotia priced $3,677,000 of Senior Note Program, Series A equity-linked securities (face amount $1,000 per security). These market-linked, auto-callable securities are linked to the lowest performing of Amazon, Microsoft and Oracle and may be automatically called after approximately one year for a $455 call premium per $1,000 face amount.
If not called, maturity payoffs depend solely on the lowest performing underlying stock: a 350% upside participation applies to positive returns; an absolute value return (capped at 50%) applies for declines up to 50%; declines below 50% expose holders to full downside, possibly losing most or all principal. The Bank’s estimated value at pricing was $887.86 per security, and all payments are subject to the Bank’s credit risk.
The Bank of Nova Scotia is offering $22,809,700 of Trigger Autocallable GEARS linked to the EURO STOXX 50® Index. The Securities have a trade date of March 27, 2026, expected settlement March 31, 2026, an observation date of April 1, 2027 and maturity on March 31, 2031. If the Index on the observation date is at or above the autocall barrier (the initial level of 5,505.80), the notes will be automatically called and pay a call price equal to principal plus an 18.00% call return (call price $11.80 per $10 Security). If not called, positive returns at maturity are multiplied by an upside gearing of 1.88, but if the final level is below the downside threshold (4,129.35, 75.00% of the initial level) investors absorb the negative underlying return and may lose a large portion or all of principal. The initial estimated value was $9.63 per $10 Security versus an issue price of $10.00, and all payments are subject to BNS credit risk.
The Bank of Nova Scotia (BNS) is offering 9,977,134 autocallable structured notes linked to the S&P 500® Index with a $10 principal per unit. The notes mature approximately three years after issuance but will be automatically called if the Index closes at or above the Starting Value on any Observation Date.
Call Amounts are $11.086, $12.172 and $13.258 per unit on the first, second and final Observation Dates respectively. If not called, holders face 1-for-1 downside exposure to the Index and may lose part or all principal; all payments are subject to BNS credit risk. The initial estimated value on the pricing date was $9.64 per unit versus a public offering price of $10.00 per unit, reflecting fees and an internal funding rate.
The Bank of Nova Scotia priced an offering of $7,232,180 principal amount of Trigger Autocallable Notes linked to the S&P 500® Index. The Notes pay a prescribed call return (9.09% per annum) if an observation date closing level equals or exceeds the call threshold (the initial level).
If not called, the Notes repay $10 at maturity only if the final level is at or above the downside threshold (75.00% of the initial level); otherwise holders suffer a loss equal to the percentage decline in the index and could lose their entire investment. Payments are unsecured obligations of BNS and depend on BNS creditworthiness. Trade date: March 27, 2026; maturity: April 1, 2031.
The Bank of Nova Scotia is offering $154,000 of Capped Buffered Return Notes linked to the S&P 500® Index due April 1, 2031. The notes are senior, unsecured obligations that pay no interest and provide a capped upside of 63.50% and a downside buffer of 15.00% (Buffer Value $5,413.52 based on the Initial Value $6,368.85). At maturity the notes pay: (a) full principal plus the Reference Asset Return capped at the Maximum Return if the Final Value > Initial Value; (b) principal if Final Value is between Initial Value and the Buffer Value; or (c) a reduced cash payment that loses 1% per 1% decline beyond the Buffer Amount, up to an 85.00% loss. The notes were priced on March 27, 2026, have an Original Issue Price of 100% and an initial estimated value of $926.94 per $1,000 principal amount.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Notes linked to Eli Lilly common stock. Each Note has a $1,000 Principal Amount, an Original Issue Price of 100% and a term of approximately 2 years if not automatically called. The Notes pay contingent coupons only if the Reference Asset meets a specified Contingent Coupon Barrier Value (set at 55.00% of the Initial Value) on scheduled observation dates and may be automatically called for principal plus any contingent coupon if the Reference Asset closes at or above the Initial Value on a Call Observation Date. If not called, maturity payoff depends on the Final Value versus the Barrier Value; holders may receive shares (the Physical Delivery Amount) and can lose up to 100.00% of principal. Initial estimated value range is $932.05 to $962.05 per $1,000.
The Bank of Nova Scotia is offering $573,000 of Autocallable Contingent Coupon Notes linked to Ares Management Corporation common stock. The notes trade date was March 27, 2026, settle April 1, 2026, and mature on April 2, 2029 if not automatically called.
The notes pay a Contingent Coupon of $51.25 per $1,000 note (20.50% per annum) on each Contingent Coupon Payment Date only if the Reference Asset closes at or above the Contingent Coupon Barrier Value of $53.14 (50% of the Initial Value). The notes are automatically called if the Reference Asset closes at or above the Initial Value of $106.28 on any Call Observation Date. If not called, maturity payment depends on the Reference Asset Return; if the Final Value is below the Barrier Value, investors may lose up to 100% of principal. The Bank’s initial estimated value was $952.24 per $1,000, below the issue price, and underwriting compensation totaled 2.00%.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Buffer Notes linked to the common stock of Marvell Technology, Inc., with an Original Issue Price of 100% and a Principal Amount of $1,000 per Note.
The Trade Date is expected to be April 2, 2026 with settlement on April 7, 2026 and a Maturity Date of April 21, 2027. The notes pay contingent coupons (at least $56.95 per Note if the Reference Asset meets the barrier), include a 30.00% buffer and a downside leverage factor of approximately 1.4286, are subject to automatic call if the Reference Asset equals or exceeds the Initial Value on an Observation Date, and are unsecured obligations subject to the Bank's credit risk.
The Bank of Nova Scotia priced $5,735,000 Autocallable Contingent Coupon Buffer Notes linked to NVIDIA Corporation due April 14, 2027. The Notes have a $1,000 Principal Amount per Note at an Original Issue Price of 100% and settled on April 1, 2026 following a Trade Date of March 27, 2026.
The structure pays a Contingent Coupon of $51.40 on certain Observation Dates if NVIDIA closes at or above $134.02 (80.00% of the Initial Value of $167.52). If not called, principal is protected only to a 20.00% buffer; losses equal 1.25% of principal per 1% decline beyond the buffer, up to 100% loss. Payments are unsecured obligations of the Bank and depend on the Bank’s creditworthiness.
The Bank of Nova Scotia priced $590,000 of Autocallable Contingent Coupon Notes linked to the common stock of KKR & Co. Inc. The Notes pay contingent coupons of $34.375 per Note (13.75% per annum) on specified observation dates if the Reference Asset meets a 50% barrier. The Notes are unsecured senior debt of the Bank, may be automatically called early if the Reference Asset closes at or above the Initial Value ($88.50) on any Call Observation Date, and if not called their maturity payment depends on the Reference Asset Return relative to the Barrier Value ($44.25). The Trade Date was March 27, 2026, Original Issue Date April 1, 2026, Final Valuation Date March 27, 2029 and Maturity Date April 2, 2029. All payments are subject to the Bank’s credit risk and investors may lose up to 100% of principal.
The Bank of Nova Scotia is offering $345,000 in Autocallable Contingent Coupon Notes linked to ServiceNow, Inc. common stock. The notes mature April 2, 2029, pay contingent quarterly coupons of $41.875 per note (16.75% per annum) only if the Reference Asset meets barrier tests on observation dates, and are automatically called if the Reference Asset closes at or above the Initial Value on any Call Observation Date.
Principal repayment at maturity depends on the Final Value versus a 50% Barrier ($49.71 from an Initial Value of $99.41); if Final Value is below the Barrier you suffer loss proportionate to the stock’s decline. All payments are unsecured and subject to the Bank’s credit risk.
The Bank of Nova Scotia priced $295,000 aggregate Autocallable Contingent Coupon Notes due April 2, 2029 linked to the common stock of Blackstone Inc. The notes are senior, unsecured obligations that pay contingent quarterly coupons of $38.125 per note (15.25% per annum) if the Reference Asset meets the contingent coupon barrier on observation dates and will autocall early if the Reference Asset closes at or above the Initial Value on any Call Observation Date. If not called, principal repayment at maturity depends on the Final Value relative to a 50.00% Barrier (Initial Value $108.07; Barrier $54.04); investors may lose up to 100% of principal if the Final Value is below the Barrier. The offering includes a 2.00% underwriting discount; initial estimated value per $1,000 was $958.43.
The Bank of Nova Scotia (BNS) is offering 4,985,684 units of Autocallable Strategic Accelerated Redemption Securities® linked to the S&P 500® Index at a public offering price of $10.00 per unit (aggregate $49,856,840). The initial estimated value on the pricing date was $9.24 per unit.
Each unit has a $10 principal amount, an approximately six-year term if not called, and automatic early-call observations annually. The notes are callable at preset Call Amounts (from $10.92 up to $15.52 per unit) if the S&P 500 closes at or above the Starting Value (6,477.16) on an Observation Date. If not called, holders have 1-to-1 downside exposure to the Index with up to 100% principal at risk. The offering includes an underwriting discount of $0.20 per unit and a hedging-related charge of $0.05 per unit; all payments are subject to BNS credit risk.
The Bank of Nova Scotia (BNS) is offering 3,312,111 units of Capped Notes with Absolute Return Buffer linked to the Russell 2000® Index, each with a $10 principal amount, for a total public offering price of $33,121,110. The notes mature on May 28, 2027 and were priced on March 26, 2026.
The notes provide 1-to-1 upside exposure to increases in the Index capped at a 12.00% return (Capped Value $11.20 per unit). If the Index declines but remains at or above a Threshold Value equal to 85.90% of the Starting Value, the notes pay a positive return equal to the absolute value of the percentage decline (the absolute return buffer). Below the Threshold Value you bear 1-to-1 downside beyond the buffer. Payments are made in cash at maturity and are subject to BNS credit risk.
The Bank of Nova Scotia is offering 303,203 Leveraged Index Return Notes® at $10.00 per unit (total public offering $3,032,030). The notes mature on March 28, 2031 and are linked to the Russell 1000® Value Index with a Participation Rate of 116.50%. If the Index ends above the Starting Value you receive leveraged upside; if it ends below, you bear 1-to-1 downside risk to principal. Payments occur only at maturity, are unsecured and subject to BNS credit risk. The initial estimated value on the pricing date was $9.39 per unit; the public offering price includes an underwriting discount of $0.25 and a hedging-related charge of $0.05 per unit. Secondary market liquidity is limited and the notes are not FDIC/CDIC insured.
The Bank of Nova Scotia priced a structured note offering — an Auto-Callable Trigger PLUS linked to the S&P 500® Index with an expected original issue date of April 22, 2026 and a stated principal amount of $1,000.00 per security.
The securities mature on or about April 22, 2031 and feature an automatic early redemption opportunity tied to a first determination date of April 26, 2027 that would pay $1,091.10 per security if the index closing value is at or above the initial index value. If not redeemed, the notes pay at maturity either the stated principal, a leveraged upside equal to 150.00% of the underlying return (if the final index value is above the initial value), or expose investors to losses on a 1:1 basis below a trigger level equal to 75.00% of the initial index value. All payments are subject to the credit risk of BNS and the securities are not listed on any exchange.
The Bank of Nova Scotia (BNS) is offering structured notes called Trigger PLUS linked to the EURO STOXX 50® Index due on or about May 5, 2032. Each note has a $1,000.00 stated principal amount and an 186.88% leverage factor that applies only if the final index value exceeds the initial index value.
At maturity the payoff is: full principal plus leveraged upside if the final index value is higher; return of principal if the final index value is at or above the 75.00% trigger level; and a 1:1 downside exposure if the final index value is below the trigger level, meaning investors may lose up to their entire investment. The issue price is $1,000.00 and BNS' initial estimated value range at pricing was $898.95 to $928.95, reflecting selling and structuring costs and commissions.
The Bank of Nova Scotia is offering Auto-Callable Dual Directional "Trigger PLUS" notes linked to the common stock of Micron Technology. Each Trigger PLUS has a stated principal amount of $1,000.00, an issue price of $1,000.00, and a pricing date of April 16, 2026. The notes pay no interest, are senior unsecured obligations of BNS and are exposed to BNS credit risk.
The securities are auto‑callable: an early redemption can occur if the closing price on the determination date prior to the final determination date is at or above the initial share price, producing an early redemption payment of $1,449.60. If not redeemed, the payout at maturity (final determination date April 28, 2028; maturity May 3, 2028) depends on Micron's final share price versus the initial share price. Key mechanics include a 150.00% leverage factor for upside above the initial share price, a trigger price equal to 65.00% of the initial share price, and an absolute‑return cap of 35.00% in one scenario. If the final share price is below the trigger price, investors face a 1:1 downside exposure and could lose up to their entire investment.