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 Capped Notes with an Absolute Return Buffer linked to the Russell 2000® Index with a principal amount of $10.00 per unit and payments made in cash at maturity. The public offering price is $10.00 per unit with an underwriting discount of $0.175 per unit and estimated proceeds to BNS of $9.825 per unit. The initial estimated value on the pricing date is shown as a range of $9.17 to $9.47 per unit. The notes provide 1-to-1 upside participation subject to a 12.00% cap (Capped Value = $11.20), an absolute-return buffer for declines up to a Threshold Value set between 93.00% and 88.00% of the Starting Value, and downside exposure beyond that threshold with up to 93.00% to 88.00% of principal at risk. All payments are subject to BNS credit risk and will occur at maturity.
The Bank of Nova Scotia priced $26,376,000 of Autocallable Contingent Coupon Trigger Notes linked to NVIDIA Corporation stock due April 1, 2027. Each note has a $1,000 principal amount, an initial price of $177.19, a monthly contingent coupon of $10.125 (1.0125% monthly; up to 12.15% per annum) payable only if the closing price on an observation date is at or above the coupon barrier of 58.00% of the initial price. The notes are automatically called if NVIDIA’s closing price on a call observation date (August 2026–February 2027) is equal to or greater than the initial price; upon automatic call investors receive $1,000 plus the contingent coupon for that date. If not called and the final price is below 58.00% of the initial price, holders receive a share delivery amount equal to $1,000 divided by the initial price, and will not receive a contingent coupon, exposing holders to potential substantial principal loss. The Bank’s initial estimated value was $965.01 per $1,000 principal amount; original issue price was 100.00%, with underwriting commissions of 2.15%.
The Bank of Nova Scotia priced a senior note offering consisting of market-linked, auto-callable senior notes due March 2, 2029 linked to the lowest performing of the Global X Copper Miners ETF, the S&P 500® Index and the EURO STOXX 50® Index. The pricing date was February 27, 2026 and the issue date is March 4, 2026.
The securities pay a contingent coupon of 12.30% per annum monthly (with a memory feature) only if the lowest performing Underlying on each calculation day is at or above its coupon threshold (70% of its starting value). They auto-call on quarterly observation dates from August 2026 through November 2028 if the lowest performing Underlying is at or above its starting value. If not called, maturity pays $1,000 only if the lowest performing Underlying on the final calculation day is at or above its downside threshold (60% of starting value); otherwise principal exposure applies.
The original offering price was $1,000 per security and the Bank's estimated value at pricing was $923.81 per security. All payments are subject to the Bank's credit risk and there is no exchange listing; these securities are designed to be held to maturity.
The Bank of Nova Scotia is offering $10,555,000 of Capped Buffered Enhanced Participation Notes linked to the iShares Expanded Tech-Software Sector ETF (ticker IGV). The notes trade date is February 27, 2026 with maturity on March 31, 2027.
Each $1,000 note: no interest, initial price $81.57 (reference asset), participation rate 150.00%, maximum payment $1,280.80 per $1,000 (cap = 128.080%), and a buffer of 10.00% (buffer price = 90.00%). If final price declines more than 10.00%, losses apply at approximately 111.11% of the excess decline, so investors can lose up to their full principal. Payments depend on the Bank's creditworthiness and the valuation date closing price.
The Bank of Nova Scotia offers Trigger Jump Securities with Auto-Callable Feature under its Senior Note Program, Series A, with an aggregate principal amount of $3,261,000. These senior unsecured notes mature on March 2, 2029 and reference the worst-performing common stock of Broadcom, Palantir and Tesla.
The stated principal amount is $1,000.00 per security, issue price $1,000.00, no coupon, and automatic early redemption may occur on specified determination dates for early redemption payments corresponding to approximately 63.00% per annum. If not redeemed, the best outcome at maturity pays $2,890.00 per security; if the worst-performing underlying stock finishes below its trigger price (50% of initial), losses are 1:1 and principal can be lost. All payments depend on BNS creditworthiness.
The Bank of Nova Scotia is offering capped enhanced participation notes linked to the common stock of Tesla, Inc. The notes are senior, unsecured obligations that do not bear interest and have a term expected to be approximately 13 to 15 months. At maturity each $1,000 note will pay either: (a) $1,000 plus the product of the reference asset return and a 200.00% participation rate, capped at a $1,607.80–$1,713.00 maximum payment amount per $1,000; (b) $1,000 if the final price equals the initial price; or (c) a reduced amount equal to $1,000 plus the negative reference asset return, exposing holders to up to 100% principal loss. Payments depend on the Bank’s creditworthiness, the final valuation date closing price of Tesla common stock, and various calculation-agent adjustments. The original issue price is 100% with underwriting concessions of 1.11%.
The Bank of Nova Scotia (BNS) is offering $16,210,000 of Enhanced Trigger Jump Securities with Auto-Callable Feature due March 3, 2032. Each principal-at-risk security has a stated principal amount of $1,000.00 and an issue price of $1,000.00 per security; BNS’ initial estimated value was $916.20 per security.
The securities reference the worst performing of three ETFs (XBI, XLE, XLK), feature quarterly determination dates that may trigger automatic early redemption with an early redemption payment corresponding to ~15.15% per annum, and have a payoff at maturity of $1,909.00 if all final share prices are ≥ 90% of initial prices. If the worst performing underlying is below its trigger price (90% of initial), investors incur a 1:1 loss tied to that worst performing ETF and could lose up to 100% of principal. All payments are subject to BNS credit risk; the securities are unsecured and unlisted.
The Bank of Nova Scotia priced an $18,962,000 offering of Trigger Autocallable Contingent Yield Notes linked to the least performing of the Nikkei 225® Index and the EURO STOXX 50® Index, maturing March 7, 2029.
The Notes are offered at an issue price of $10.00 per Note (minimum 100 Notes) with an initial estimated value of $9.49 per Note. They pay a contingent coupon (per the terms, 10.03% per annum / $0.2508 quarterly if barriers met), are callable quarterly after six months, and repay principal at maturity only if final levels meet the 70.00% downside thresholds specified on the cover.
The Bank of Nova Scotia offers $10,000,000 of Capped In-GEARS senior notes linked to the Dow Jones Industrial Average® due December 2, 2031. The notes (principal $10 per Security) pay no interest and a maturity payment tied to an underlying performance factor based on averaged initial and final index levels. Returns are capped with a 97.175% maximum gain and include leveraged downside exposure: limited losses for declines between 4% and 8% (2.00× the shortfall from 96%) and full downside exposure if the final averaged level falls more than 8%. All payments are subject to BNS credit risk and contingent repayment of principal applies only at maturity.
The Bank of Nova Scotia is offering $11,725,000 of Buffer Autocallable GEARS linked to the Russell 2000® Index. The notes have an observation date of March 9, 2027, a final valuation date of March 2, 2029 and maturity on March 6, 2029.
If the closing level on the observation date is at or above the autocall barrier (the initial level of 2,655.944), the notes will be automatically called and pay a $11.20 call price (a 12.00% call return). If not called, maturity payments depend on the underlying return, with an upside gearing of 1.28, a downside threshold of 2,390.350 (90% of initial level) and a buffer of 10.00%. Minimum investment is $1,000 and BNS’ initial estimated value at pricing was $9.70 per $10 principal amount.
The Bank of Nova Scotia priced $4,984,000 of Contingent Income Auto-Callable Securities due March 2, 2028. These senior unsecured notes reference the worst-performing stock among Amazon, Alphabet Class A and Microsoft, pay a contingent quarterly coupon of $26.30 (equivalent to 10.52% per annum) only if all three underlying stocks meet 50.00% coupon thresholds on specified determination dates, and expose investors to 1-to-1 downside of the worst-performing underlying at maturity (payments can be less than 50.00% of principal and may be zero). The issue price is $1,000.00 per security, BNS’ initial estimated value was $955.00 per security, and total commissions and structuring fees equal $20.00 per security.
The Bank of Nova Scotia is offering $304,000 of Digital Notes linked to the least performing of the Russell 2000® Index and the S&P 500® Index due March 2, 2028. The notes pay no interest and at maturity will pay $1,112.50 per $1,000 if the final level of each reference asset is greater than or equal to its initial level; otherwise holders will receive $1,000 per $1,000. The trade date was February 27, 2026 and the valuation date is February 28, 2028. The pricing supplement states an initial estimated value of $979.94 per $1,000 and an original issue price of 100.00%, with proceeds to the Bank of $302,480.00. All payments are "subject to the creditworthiness of The Bank of Nova Scotia."
The Bank of Nova Scotia is offering $14,566,000 of Dual Directional Buffered PLUS notes due March 3, 2028 that reference the S&P 500® Index. Each Buffered PLUS has a $1,000 stated principal amount and an issue price of $1,000.
Key terms: upside leverage factor 150.00%, buffer 10.00%, maximum upside gain 17.11% (maximum payment $1,171.10), and a minimum payment at maturity of $100.00 (10.00% of stated principal). The initial index value is 6,878.88 (pricing date Feb 27, 2026). BNS’ initial estimated value was $966.40 per note; fees of $25.00 per note (commissions + structuring) leave proceeds to issuer of $14,201,850.00. All payments are subject to BNS credit risk; investors may lose up to 90.00% of principal.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Trigger Notes linked to the shares of the VanEck® Semiconductor ETF (SMH), with an aggregate original issue amount of $267,000. Each note has a $1,000 principal amount; trade date was February 27, 2026, original issue date March 4, 2026, and maturity on June 2, 2027.
The notes pay a quarterly contingent coupon equal to up to $34.375 per $1,000 (3.4375% quarterly; 13.75% per annum potential) if the reference asset’s closing price on an observation date is ≥ the coupon barrier. The coupon barrier and trigger price are 70.00% of the initial price of $406.37. The notes will be automatically called on any call observation date (Aug 2026 through Feb 2027) if the reference asset closes ≥ the initial price; an automatic call pays $1,000 plus the contingent coupon.
If not called, maturity payment depends on the final price on the final valuation date (May 27, 2027): if final price ≥ 70.00% of initial, you receive principal (plus any final contingent coupon); if final price < 70.00% of initial, you receive $1,000 × (1 + reference asset return), exposing principal to downside (you lose 1% per 1% decline versus the initial price). The initial estimated value was $962.24 per $1,000, below the 100% original issue price.
The Bank of Nova Scotia priced a $765,000 offering of capped buffered index-linked notes linked to the least performing of the Russell 2000® Index and the S&P 500® Index. The trade date was February 27, 2026 and the notes mature on September 1, 2027.
Each $1,000 note carries a participation rate of 120.00%, a buffer level of 90.00% (buffer percentage 10.00%), and a maximum upside payment of $1,267.50 per $1,000 principal. If the least performing reference asset falls below its buffer level, investors suffer downside equal to the negative return in excess of the buffer, with a potential loss of up to 90.00% of principal. The initial estimated value per $1,000 was $966.74, below the original issue price of 100%.
The Bank of Nova Scotia is offering $409,000 aggregate principal of Capped Buffered Enhanced Participation Notes linked to the Russell 2000® Index due December 2, 2027. The notes pay no interest; return at maturity depends on the index performance from the trade date February 27, 2026 to the valuation date November 29, 2027.
If the final level exceeds the initial level 2,632.361, holders receive 150.00% participation in the upside, capped at $1,232.50 per $1,000 principal. A 10.00% buffer protects against declines up to that amount; declines beyond the buffer reduce principal dollar-for-dollar, up to a 90.00% loss. The initial estimated value was $971.03 per $1,000; original issue price is 100%.
The Bank of Nova Scotia priced a series of senior, equity index‑linked, auto‑callable notes due February 28, 2030 with an original offering price of $1,000 per security and total face amount of $6,658,000. The securities pay a contingent quarterly coupon at a 8.25% per annum rate only if the lowest performing of the S&P 500®, Russell 2000® and Nasdaq‑100® on each calculation day is at or above 70% of its starting level.
If not auto‑called, principal at maturity depends on the ending level of the lowest performing Index: full face amount if that Index is ≥70% of its starting level, otherwise the maturity payment equals $1,000 × performance factor, exposing holders to losses that can exceed 30%. The Bank's estimated value on the pricing date was $946.57 per security. All payments are subject to the Bank's credit risk.
The Bank of Nova Scotia offers Buffered Index-Linked Notes totaling $201,000 linked to the S&P 500® with trade date February 27, 2026 and maturity June 2, 2027. The notes do not pay interest and pay at maturity based on the reference asset return from initial level 6,878.88 to the final level on the valuation date May 27, 2027.
Key terms: a 10.00% buffer (you absorb losses only if the final level is below 90.00% of the initial level), a maximum upside payment of $1,122.50 per $1,000 principal (cap at 112.25%), potential loss up to 90.00% of principal, initial estimated value $981.80 per $1,000, and original issue price 100.00%.
The Bank of Nova Scotia priced senior note Market Linked Securities on February 27, 2026 with an original offering price of $1,000 per security and an estimated value of $905.38 per security. The securities are auto-callable quarterly through November 2028 and mature on March 1, 2029.
Payments depend solely on the lowest performing of XLE, XLK, and XLV. A contingent coupon of 11.50% per annum is payable quarterly only if the lowest performing Fund’s closing price on a calculation day is >= its coupon threshold (75% of its starting price). If not auto-called, principal at maturity is protected only if the lowest performing Fund’s ending price >= 70% of its starting price; otherwise investors can lose more than 30% of face amount.
The Bank of Nova Scotia is offering Autocallable Contingent Coupon Notes linked to the common stock of NVIDIA Corporation. The notes mature on March 9, 2029 (final valuation March 6, 2029) and are senior, unsecured obligations of the Bank. The Original Issue Price is 100.00% per $1,000 Principal Amount with a minimum investment of $1,000. The notes may be automatically called on scheduled Call Observation Dates if the Reference Asset closes at or above the Initial Value, and, if not called, pay contingent coupons of at least $51.50 per note (equal to at least 20.60% per annum) when the Reference Asset closes at or above the Contingent Coupon Barrier Value. The Barrier Value and Contingent Coupon Barrier Value are 70.00% of the Initial Value. The Bank's initial estimated value range at pricing is $935.81 to $965.81 per $1,000 Principal Amount; underwriting commissions are up to 2.00%. All payments are subject to the Bank's credit risk and the notes are not insured or listed.
The Bank of Nova Scotia is offering Autocallable Contingent Buffered Return Enhanced Notes linked to the shares of the SPDR® Gold Trust (GLD). The Notes are senior, unsecured obligations with a Trade Date of March 6, 2026, expected settlement on March 11, 2026, and maturity on March 9, 2028.
If the Reference Asset’s Closing Value on the Review Date ( March 19, 2027) is ≥ 100.00% of the Initial Value, Notes are automatically called and pay the Principal Amount plus a Call Premium of at least $156.30 (at least 15.63%). If not called, maturity payoffs: upside with a 125.00% Participation Rate on positive Reference Asset Return; full principal if Final Value ≥ 90.00% of Initial Value; leveraged losses (~1.1111% of principal per 1% loss beyond the 10.00% buffer), potentially losing up to 100% of principal.
Other key terms: Minimum investment $10,000; Original Issue Price 100.00% (estimated initial value per $948.75–$978.75); underwriting fee 1.50% (proceeds to Bank 98.50%). The Notes pay no interest, are not CDIC/FDIC insured, and are subject to the Bank’s credit risk and the risks described in the supplement.
The Bank of Nova Scotia is offering $1,964,000 of Autocallable Contingent Coupon Notes linked to the common stock of Netflix, Inc.
The notes pay a contingent quarterly coupon of $32.50 per note (equal to 13.00% per annum) only if the Netflix closing price on specified observation dates is at or above the Contingent Coupon Barrier Value of $67.37 (70.00% of the Initial Value). The Initial Value was $96.24. The notes are automatically called if Netflix closes at or above the Initial Value on any Call Observation Date; otherwise the maturity payment depends on the Final Value on February 23, 2029. If Final Value >= Barrier Value you receive the $1,000 principal; if Final Value < Barrier Value you suffer losses equal to the Reference Asset depreciation (up to 100%). Trade Date was February 27, 2026, Original Issue Date March 4, 2026. The issuer is exposed to credit risk of the Bank; initial estimated value per $1,000 was $960.98 and underwriting discount was 2.00%.
The Bank of Nova Scotia is offering Autocallable Digital Buffer Notes linked to the common stock of NVIDIA Corporation. The notes have a $1,000 principal per note, an Original Issue Price of 100.00%, a Trade Date of March 6, 2026, and an Original Issue Date of March 11, 2026.
The structure: an automatic call test on the Review Date (March 19, 2027) pays the Principal plus a Call Premium of at least $254.40 (at least 25.44%). If not called, maturity (March 9, 2028) pays either Principal plus the greater of a Digital Return (at least 50.88%) or the Reference Asset Return, Principal only if Final Value ≥ Buffer Value (equal to 80.00% of Initial Value), or a leveraged downside payoff with a Downside Leverage Factor of 1.25.
The Bank of Nova Scotia offers Capped Notes linked to the SPDR® Gold Trust (GLD). The notes have a $1,000 principal per note, a Trade Date expected on March 6, 2026, Original Issue Date on March 11, 2026, and maturity on March 24, 2027.
Holders receive no interest and a cash payment at maturity equal to the positive performance of the Reference Asset capped at a 12.20% Maximum Return (to be set on the Trade Date). If the Final Value is below the Initial Value, losses occur on a 1:1 basis down to a floor of $950.00 (a maximum loss of 5.00%). The bank’s initial estimated note value range is $956.59 to $986.59 per $1,000 Principal Amount; Original Issue Price is 100% with underwriting fees of 1.00%. All payments are unsecured and subject to the Bank’s credit risk.
The Bank of Nova Scotia is offering Dual Directional Capped Buffered Notes linked to the S&P 500® Index with a maturity date of March 8, 2028. Each Note has a Principal Amount of $1,000, an Original Issue Price of 100% and a minimum investment of $10,000.
The Notes pay only at maturity and are subject to the Bank’s credit risk. Key economic terms: Initial Value 6,881.62, Buffer Value 5,505.30 (80.00%), Downside Leverage Factor 1.25, and a Maximum Upside Return of 17.94% (capping upside at $1,179.40 per Note). The Final Valuation Date is March 3, 2028; payment is based solely on the Reference Asset Closing Value on that date.
The Bank of Nova Scotia is offering senior, equity-linked, auto-callable notes tied to the common stock of International Business Machines Corporation (IBM). Each security has a face amount of $1,000, an original offering price of $1,000 and an estimated value on the pricing cover between $930.79 and $960.79.
The notes pay a contingent quarterly coupon (the contingent coupon rate will be set on the pricing date and will be at least 11.10% per annum) only if the Underlying Stock’s closing price on a calculation day is at or above the coupon threshold (equal to 60% of the starting price). The securities are automatically called if the Underlying Stock closes at or above the starting price on any quarterly calculation day from June 2026 through December 2028. If not called, maturity is March 9, 2029, and principal is protected only if the ending price is at or above the downside threshold (equal to 60% of the starting price); otherwise you can lose more than 40% of face amount.
The Bank of Nova Scotia (BNS) is offering 3,740,089 units of Autocallable Strategic Accelerated Redemption Securities® at a $10.00 principal amount per unit for a total public offering price of $37,400,890. The notes mature on February 26, 2029, are linked to a basket equally weighted in Goldman Sachs, JPMorgan Chase and Morgan Stanley, and include automatic call features on Observation Dates of March 5, 2027, February 18, 2028 and February 16, 2029. Call Amounts are $11.681, $13.362 and $15.043 respectively. If not called, you have 1-to-1 downside exposure to the Basket and may lose up to 100% of principal; all payments are subject to BNS credit risk. The initial estimated value on the pricing date was $9.66 per unit; the public offering price includes an underwriting discount of $0.20 and a hedging-related charge of $0.05 per unit.
The Bank of Nova Scotia is offering 1,085,661 units of Capped Leveraged Index Return Notes® at a $10.00 principal amount per unit, priced on February 26, 2026, settling March 5, 2026 and maturing February 25, 2028. Each unit provides 200.00% participation in increases in a 15-stock financial-sector Basket, subject to a Capped Value of $14.72 per unit (a 47.20% return). Downside is 1-to-1 with up to 100.00% of principal at risk. The public offering price is $10.00 per unit, the initial estimated value on the pricing date was $9.372 per unit, the underwriting discount is $0.20 per unit and a hedging-related charge of $0.05 per unit applies. Payments at maturity depend on the Basket’s Ending Value and are subject to BNS credit risk and limited secondary-market liquidity.
The Bank of Nova Scotia is offering $837,000 of capped buffered index-linked notes due August 31, 2027. The notes reference the least performing of the Russell 2000® and the S&P 500® measured from the trade date February 26, 2026 to the valuation date August 26, 2027.
Key economic terms: participation rate 120.00%, maximum upside payment $1,197.50 per $1,000, buffer level 90.00% (buffer percentage 10.00%). If the least performing index declines below the buffer, investors can lose up to 90.00% of principal. The initial estimated value on the trade date was $954.20 per $1,000; original issue price is 100.00%.
The Bank of Nova Scotia is offering Autocallable Contingent Buffered Return Enhanced Notes linked to the least performing common stock of Apollo Global Management, Ares Management and Blue Owl Capital, as described in this pricing supplement.
Each Note has a $1,000 Principal Amount, an Original Issue Price of 100%, an expected Trade Date of March 9, 2026 and expected settlement on March 12, 2026. The Notes have an automatic call feature based on Closing Values on the March 15, 2027 Review Date, a Call Payment Date of March 18, 2027, and a final valuation and maturity in March 2029. If called, holders receive Principal plus a Call Premium of at least $500 (at least 50.00%) per Note. If not called, maturity payments depend on the Least Performing Reference Asset: positive performance receives a 500.00% Participation Rate on gains; declines up to 20.00% are buffered (you would receive Principal); declines beyond the 20.00% buffer cause proportional losses up to 80.00% of Principal. The Notes pay no interest, are unsecured obligations of the Bank, and are subject to the Bank's credit risk and final terms in the delivered pricing supplement.
The Bank of Nova Scotia is offering Market Linked Securities—auto-callable senior notes linked to the lowest performing of the S&P 500, Russell 2000 and Dow Jones Industrial Average. The securities priced on February 27, 2026 with an original offering price of $1,000 per security and an estimated value of $938.15 per security. They pay a contingent quarterly coupon at an 8.00% per annum rate only if the lowest performing Index closes at or above 75% of its starting level on each calculation day. The notes mature on February 28, 2030, are senior unsecured obligations of the Bank and carry full downside principal risk if the lowest performing Index ends below 75% of its starting level on the final calculation day.
The Bank of Nova Scotia is offering $3,136,000 of Buffered Enhanced Participation Basket‑Linked Notes due March 14, 2028 (trade date February 26, 2026; original issue date March 3, 2026). Each note has a $1,000 principal amount, does not pay interest, and bases maturity payment on a weighted basket of five indices with a 121.70% participation rate and a 10.00% buffer (buffer level 90.00%). If the final basket level is above the initial level, holders receive principal plus participation times the basket return; if the final basket level declines by up to 10.00%, principal is returned; declines greater than 10.00% produce downside exposure and can result in loss of principal. Estimated initial value at pricing was $971.72 per $1,000 principal amount; original issue price was 100%.
The Bank of Nova Scotia priced senior, ETF-linked, auto-callable notes (Series A) that pay a contingent quarterly coupon of $1,000 face amount per security and mature on March 1, 2029. The securities are linked to the lowest performing of the VanEck® Gold Miners ETF (GDX) and the iShares® Silver Trust (SLV). The contingent coupon rate is 27.00% per annum, payable quarterly only if the lowest performing Fund's closing price on a calculation day is at least 70% of its starting price. The securities may be automatically called on certain quarterly calculation days between August 2026 and November 2028 if the lowest performing Fund closes at or above its starting price; on an automatic call holders receive face amount plus a final contingent coupon. If not called, maturity payment depends on the ending price of the lowest performing Fund on the final calculation day (February 26, 2029) and could result in a loss exceeding 30% of principal. The Bank's estimated value on the pricing date was $914.70 per security; all payments are subject to the Bank's credit risk.
The Bank of Nova Scotia is offering Autocallable Digital Trigger Notes linked to the least performing of the Russell 2000® and the S&P 500®, with $135,000 aggregate initial principal and a principal amount of $1,000 per note. The notes mature on March 1, 2029 but will be automatically called on February 26, 2027 if both indices close at or above their initial levels.
If automatically called, holders receive $1,000 plus an 8.50% call premium. If not called, maturity payments depend on the least performing index versus its initial level (initial levels: RTY 2,677.289; SPX 6,908.86), with a 85.00% trigger level and a $1,400.00 threshold settlement amount. Payments are unsecured and subject to the Bank's credit risk. The Bank's initial estimated value was $935.60 per $1,000 principal.
The Bank of Nova Scotia is offering Capped Notes linked to the S&P 500® Index with a term expected to be approximately 23 to 26 months. The notes pay no interest and at maturity will return either the principal or principal plus the index return subject to a capped maximum payment amount (expected between $1,092.10 and $1,108.10 per $1,000 principal). Payments depend solely on the final level on the valuation date, are unsecured obligations of the Bank and are subject to the Bank’s credit risk. The initial estimated value is below the original issue price, and distribution involves dealer commissions and hedging-related costs that may reduce secondary-market values.
The Bank of Nova Scotia priced $877,000 of Buffered Index‑Linked Notes linked to the S&P 500® Index due June 1, 2027. The notes trade date was February 26, 2026 with an initial level of 6,908.86 and a valuation date of May 26, 2027. Each note has $1,000 principal, an original issue price of 100.00%, an initial estimated value of $967.61 and proceeds to the Bank of $859,460.00.
Key economic terms: a 10.00% buffer (you absorb losses only if the final level falls more than 10.00% from the initial level), a maximum upside payment of $1,087.50 per $1,000 principal (cap at 108.75%), and potential loss up to 90.00% of principal. Payments are based on the closing level only on the valuation date and are unsecured obligations of the Bank, so repayments depend on the Bank’s creditworthiness.
The Bank of Nova Scotia is offering capped buffered enhanced participation notes linked to the Russell 2000® Index totaling $445,000. The notes trade date is February 26, 2026 with maturity December 1, 2027. For each $1,000 principal, the participation rate is 150.00% of positive index performance subject to a $1,200 maximum payment (120.00%). A buffer of 10.00% protects against declines up to that amount; losses beyond the buffer reduce principal dollar-for-dollar such that holders could lose up to 90.00% of principal. The notes are unsecured senior obligations of the Bank, do not pay interest, are not listed, and any payment depends on the Bank’s creditworthiness. The Bank’s initial estimated value was $960.79 per $1,000 versus an original issue price of 100.00%.
The Bank of Nova Scotia is issuing Accelerated Return Notes linked to an international equity index basket totaling 6,161,359 units with a $10 principal amount per unit. The notes mature on April 30, 2027, offer a 300.00% participation rate with a capped Redemption Amount of $11.72 per unit (17.20% return) and expose holders to up to 100.00% principal loss. The initial estimated value on the pricing date was $9.67 per unit, below the public offering price of $10.00, reflecting an underwriting discount of $0.175 and a hedging-related charge of $0.05 per unit. All payments are subject to the credit risk of BNS and there is limited secondary market liquidity.
The Bank of Nova Scotia is offering $637,000 of Autocallable Trigger Notes linked to the least performing of the Nasdaq-100 and Russell 2000, maturing March 2, 2028 and callable on the call observation date February 26, 2027. If called, holders receive $1,000 plus a 10.75% call premium per $1,000. If not called, maturity payoffs depend on the least performing reference asset: positive payoff uses a 250.00% participation rate on gains; full principal is returned if the final level of each reference asset is >= 75.00% of its initial level; below that the investor bears the full downside, potentially losing up to the entire principal. Initial estimated value was $938.93 per $1,000, below the original issue price. Payments are obligations of the Bank and subject to its credit risk.
The Bank of Nova Scotia is offering $420,000 of Autocallable Contingent Coupon Trigger Notes linked to the VanEck® Semiconductor ETF (SMH) with a $1,000 principal amount per note and an original issue price of 100%. The notes pay quarterly contingent coupons of $28.75 (2.875% quarterly, up to 11.50% annually) only if the reference asset’s closing price on an observation date is at or above the coupon barrier of 70.00% of the initial price ($412.01). The notes may be automatically called on observation dates from August 2026 through February 2027 if the closing price equals or exceeds the initial price; maturity is June 1, 2027. At maturity, if the final price is below the 70.00% trigger, principal is reduced pro rata by the reference asset return and you could lose up to your entire investment. The Bank’s initial estimated value was $952.84 per $1,000 principal amount, and payments are subject to the Bank’s credit risk.
The Bank of Nova Scotia is offering 4,336,921 units of Autocallable Strategic Accelerated Redemption Securities® linked to the Russell 2000® Index, with a $10.00 principal amount per unit and a total public offering of $43,354,210.
Each unit may be automatically called on specified Observation Dates if the Index is at or above the Starting Value (2,677.289). Call Amounts range from $10.852 to $14.260 per unit; if not called, investors receive principal at maturity only if the Ending Value is ≥ the Threshold Value (2,275.696, 85.00% of Starting Value). If the Ending Value is below the Threshold Value, investors bear 1-to-1 downside beyond a 15.00% decline. The initial estimated value on the pricing date was $9.60 per unit; the public offering price includes an underwriting discount of $0.20 and a hedging-related charge of $0.05. Payments are unsecured and subject to BNS credit risk, there are no periodic interest payments, and the notes have limited secondary market liquidity.
The Bank of Nova Scotia priced and is offering equity‑linked, auto‑callable senior notes (face amount $1,000 per security) linked to the common stock of First Solar, Inc. The offering totals $701,000 in aggregate original offering price and is to be issued on March 3, 2026 with stated maturity March 1, 2029.
The notes pay a contingent quarterly coupon of 12.25% per annum (with memory) if the Underlying Stock closes at or above the coupon threshold (50% of the starting price). The starting price is $200.10; the coupon and downside thresholds equal $100.05. The securities can be automatically called if the stock closes at or above the starting price on any quarterly calculation day from May 2026 to November 2028. If not called, principal at maturity depends on the ending price and may result in a loss exceeding 50% of face amount.
The Bank of Nova Scotia is offering 2,850,239 units of Autocallable Strategic Accelerated Redemption Securities® linked to the S&P 500® Index. Each unit has a $10 principal amount, producing a public offering of $28,502,390 with proceeds to BNS of $9.80 per unit.
The notes mature February 27, 2032 if not automatically called on any Observation Date. Observation Dates occur approximately one to six years after the February 26, 2026 pricing date; the notes auto-call if the S&P 500 closing level is at or above the Starting Value (6,908.86). Call Amounts range from $10.814 on the first Observation Date to $14.884 on the final Observation Date. If not called, holders have 1-to-1 downside exposure to the Index (up to full loss of principal). Payments are unsecured obligations of BNS and subject to BNS credit risk. The initial estimated value on the pricing date was $9.63 per unit; the public offering price includes an underwriting discount of $0.20 and a hedging-related charge of $0.05 per unit.
The Bank of Nova Scotia priced an offering of 522,505 Autocallable Strategic Accelerated Redemption Securities® with a $10 principal amount per unit, aggregating to $5,225,050. The pricing date was February 26, 2026, settlement March 5, 2026, and maturity February 27, 2032.
Each unit is linked to the Invesco S&P 500® Equal Weight ETF (Bloomberg: RSP). The notes are automatically callable if the Observation Level on any Observation Date equals or exceeds the Starting Value of $204.73, with Call Amounts increasing from $10.755 on the first Observation Date to $14.530 on the final Observation Date. If not called, the notes provide 1-to-1 downside exposure to declines in the Underlying Fund, exposing up to 100.00% of principal. Payments are subject to BNS credit risk, there are no periodic interest payments, and the notes have limited secondary-market liquidity.
The initial estimated value on the pricing date was $9.61 per unit versus a public offering price of $10.00 per unit; fees include an underwriting discount of $0.20 and a hedging-related charge of $0.05 per unit.
The Bank of Nova Scotia is offering autocallable contingent coupon trigger notes linked to the Class C common stock of Dell Technologies Inc. with an expected maturity of April 21, 2027 and an automatic-call feature beginning September 2026.
The notes pay a contingent monthly coupon of $10.709 per $1,000 if the reference stock closes at or above 55.00% of the initial price on an observation date; principal is at risk if the final price is below the 55.00% trigger.
The Bank of Nova Scotia offers Capped In-GEARS linked to the Dow Jones Industrial Average® due on or about December 2, 2031. Each Security has a principal amount of $10 (minimum purchase 100 Securities) and a stated maximum gain of 97.175% (maximum payment at maturity $19.7175 per Security).
Key terms set on the trade date include the initial valuation period (February 27, 2026 through April 20, 2026), the final valuation period beginning August 29, 2031 through the final valuation date (November 26, 2031), settlement expected March 5, 2026, and maturity on December 2, 2031. BNS’ initial estimated value range is $9.341 to $9.641 per Security.
Payments at maturity depend on the underlying performance factor (final level ÷ initial level). Positive returns apply if the factor ≥ 103% (subject to the cap). If the factor is 96% but ≥ 92%, losses are leveraged at 2.00% per 1% decline below 96%; below 92% investors are fully exposed to the underlying loss and could lose all principal. All payments, including any repayment of principal, are subject to BNS credit risk.
The Bank of Nova Scotia is issuing Autocallable Strategic Accelerated Redemption Securities linked to an international equity index basket with a $10 principal amount per unit and a three-year term if not automatically called.
The notes pay no periodic interest, are unsecured senior debt subject to BNS credit risk, and will be automatically called at specified Call Amounts if the Basket’s Observation Level on an Observation Date is at or above the Starting Value. If not called, investors face 1-to-1 downside exposure to the Basket with up to 100.00% principal at risk. The public offering price is $10.00 per unit; the initial estimated value on the pricing date was $9.58 per unit. Fees include a $0.20 underwriting discount and a $0.05 hedging-related charge per unit. Observation Dates occur approximately one, two and three years after the pricing date, and Call Amounts are $11.025, $12.050 and $13.075 respectively.
The Bank of Nova Scotia (BNS) is offering 3,228,887 Accelerated Return Notes® linked to the State Street® Energy Select Sector SPDR® ETF (XLE). The notes have a $10 principal amount per unit for a total public offering price of $32,288,870. Pricing date was February 26, 2026, settlement March 5, 2026, and maturity April 30, 2027.
The notes provide 300.00% participation in increases of the Underlying Fund up to a $13.068 Capped Value (a 30.68% return). If the Ending Value is below the Starting Value ($55.05), holders bear downside on a 1-to-1 basis and may lose up to 100.00% of principal. The initial estimated value on the pricing date was $9.75 per unit; the public offering price is $10.00 per unit. The underwriting discount is $0.175 per unit and a hedging-related charge of $0.05 per unit applies. Payments at maturity are subject to BNS credit risk and there is limited secondary market liquidity.
The Bank of Nova Scotia is offering Autocallable Strategic Accelerated Redemption Securities linked to the VanEck® Gold Miners ETF with a $10.00 principal amount per unit and a pricing date of February 26, 2026. The notes mature on February 28, 2031 unless automatically called on five scheduled Observation Dates. If called, investors receive preset Call Amounts per unit ranging from $11.66 to $18.30; if not called and the Ending Value is at or above the 85.00% Threshold Value ($96.81), principal is returned. If the Ending Value is below the Threshold Value, investors bear 1-to-1 downside beyond the 15.00% buffer, exposing up to 85.00% of principal to loss. Payments depend on BNS creditworthiness; initial estimated value on the pricing date was $9.49 per unit and the public offering price is $10.00 per unit, including an underwriting discount of $0.20 and a hedging charge of $0.05 per unit.
The Bank of Nova Scotia (BNS) is offering 747,166 units of Leveraged Index Return Notes® linked to the Russell 1000® Value Index, $10 principal amount per unit. Pricing date: February 26, 2026; settlement: March 5, 2026; maturity: February 28, 2031.
The notes provide 117.00% participation in upside of the Index and a 1-to-1 downside exposure (up to 100% principal at risk). Payments occur at maturity and are subject to BNS credit risk. Public offering price is $10.00 per unit, initial estimated value was $9.48 per unit. Fees include an underwriting discount of $0.25 per unit and a hedging-related charge of $0.05 per unit. The notes are unsecured senior debt, not FDIC/CDIC insured, and have limited secondary market liquidity.