Bank of Nova Scotia 424B Filings

The Bank of Nova Scotia (BNS) is offering Autocallable Trigger Notes linked to the least performing of the Nasdaq-100 Index and the Russell 2000 Index. The notes are expected to trade on March 30, 2026, with expected original issue date April 2, 2026 and expected maturity April 4, 2028.

If on the call observation date the closing level of each reference asset is greater than or equal to its initial level, the notes will be automatically called and pay principal plus a call premium (call premium amount expected to be at least 12.25%). If not called, the payment at maturity depends on the least performing reference asset: a positive return will equal the reference asset return times a 250.00% participation rate; if the least performing reference asset finishes below 75.00% of its initial level you will suffer a pro rata loss, up to a 100% loss of principal. The initial estimated value range is stated as $925.00–$965.00 per $1,000 principal amount.

The Bank of Nova Scotia issues Capped Buffered Enhanced Participation Notes linked to the Russell 2000® Index due January 5, 2028. Each $1,000 note offers 150.00% participation in positive index returns up to a maximum payment amount expected to be at least $1,240.00. A 10.00% buffer protects losses at maturity only; if the index declines more than 10.00% you incur losses equal to the index decline in excess of 10.00%, up to a 90.00% loss of principal. Notes pay no interest, are unsecured obligations of the Bank, and are subject to the Bank’s credit risk. Trade date, initial level and final pricing terms will be set on the trade date.

The Bank of Nova Scotia offers Autocallable Digital Trigger Notes linked to the least performing of the Russell 2000® and the S&P 500®. Each note has a $1,000 principal amount. The expected trade date is March 30, 2026, original issue date April 2, 2026, automatic call observation expected March 30, 2027, and expected maturity April 5, 2029.

If both reference assets are at or above their initial levels on the call observation date, notes will be automatically called and holders receive $1,000 plus a call premium (call premium amount expected to be at least 8.75%). If not called, maturity payments depend on the least performing reference asset: holders receive at least $1,000 if that asset remains >= 85.00% of its initial level, a threshold settlement amount of $1,400.00 can apply when both references appreciate, and losses occur pro rata below the 85.00% trigger (down to 0.00%).

The initial estimated value at pricing is expected between $925.00 and $965.00 per $1,000 principal amount. Payments are subject to the Bank’s credit risk and the notes are not listed on any U.S. exchange.

The Bank of Nova Scotia is offering $18,105,000 of Trigger Autocallable Contingent Yield Notes linked to the least performing of the Nasdaq-100 and the EURO STOXX 50. The notes pay a contingent coupon of 7.60% per annum (quarterly payments of $0.19 per $10 note) only if each underlying asset meets its coupon barrier on an observation date. The notes are quarterly-callable after 12 months and mature on February 28, 2036. If not called, principal is repaid at maturity only if each underlying asset is at or above its 75.00% downside threshold; otherwise repayment at maturity reflects the percentage return of the least performing underlying asset and could result in substantial or total loss. Payments are subject to BNS credit risk and the notes are not exchange-listed.

The Bank of Nova Scotia priced a preliminary offering of senior, unsecured, auto-callable, contingent-coupon notes linked to the lowest performing of the Global X Copper Miners ETF (COPX), the S&P 500® Index and the EURO STOXX 50® Index.

Each security has a face amount of $1,000, a contingent coupon rate to be set on the pricing date (minimum 12.30% per annum), monthly contingent coupon observation and quarterly automatic-call observations from August 2026 to November 2028. Estimated value at pricing is between $896.13 and $926.13 per security. If not called, principal at maturity (stated maturity March 2, 2029) depends on the lowest performing Underlying and may result in losses exceeding 40%.

The Bank of Nova Scotia is offering Trigger Autocallable Contingent Yield Notes linked separately to the common stock of Emerson Electric Co., Class A common stock of Alphabet Inc. and common stock of PulteGroup, Inc..

The Notes have a term of approximately three years with an expected Trade Date of February 26, 2026, Settlement Date of February 27, 2026, a Final Valuation Date of February 26, 2029 and Maturity Date of March 1, 2029. Each Note has a principal amount of $10 and a minimum purchase of 100 Notes ($1,000).

Each offering has a fixed contingent coupon rate: Emerson 8.00% per annum, Alphabet 9.00% per annum and PulteGroup 9.00% per annum. Coupons and principal repayment are conditional on observation-date levels relative to specified coupon barriers and downside thresholds; automatic calls may occur quarterly (callable after six months). All payments are subject to BNS credit risk and holders may lose a significant portion or all principal.

The Bank of Nova Scotia is offering Capped Buffered Return Notes linked to the shares of the SPDR® Gold Trust. The Notes have a term of approximately 18 months with a Strike Date of February 24, 2026, an expected Trade Date of February 25, 2026 and a Maturity Date of August 30, 2027.

Each Note has a $1,000 Principal Amount (minimum investment $10,000) and does not pay interest. The Initial Value is $474.61 and the Buffer Value is $427.15 (a 10.00% buffer). If the Final Value exceeds the Initial Value, the return is the Reference Asset Return capped at a 41.86% Maximum Return (maximum payment $1,418.60 per Note). If the Final Value is below the Buffer Value, losses are leveraged by a Downside Leverage Factor of approximately 1.1111, and investors may lose up to 100% of principal. All payments are cash at maturity and subject to the Bank’s credit risk.

The Bank of Nova Scotia priced $78,000 of Capped Buffered Return Notes linked to the S&P 500® Index due February 27, 2031. Each Note has a $1,000 Principal Amount, an Original Issue Price of 100%, and a Minimum Investment of $1,000. The notes mature on February 27, 2031 with a Final Valuation Date of February 24, 2031.

Payment at maturity depends on the Reference Asset Return, capped at a Maximum Return of 57.15%. There is a Buffer Amount of 15.00% (Buffer Value = 85.00% of the Initial Value), meaning investors keep principal if the Final Value is >= the Buffer Value but face losses up to 85.00% if the Final Value falls below the Buffer Value. The Trade Date was February 24, 2026 and settlement is February 27, 2026. The Bank disclosed an initial estimated value of $937.46 per $1,000 Principal Amount, below the Original Issue Price, and an underwriting discount of 3.50%, resulting in proceeds to the Bank of $75,270.00.

The Bank of Nova Scotia is offering Capped Enhanced Participation Notes linked to the SPDRGold Trust (GLD). Each note has a $1,000 principal amount, will not bear interest and is an unsecured obligation of the Bank. The notes pay at maturity (expected April 8, 2027) based on the reference asset return measured from the trade date (expected March 3, 2026) to the valuation date (expected April 5, 2027). The notes feature a 300.00% participation rate in positive performance of GLD subject to a $1,245.00 maximum payment per $1,000, and expose holders to full downside risk (you may lose up to 100% of principal). The Bankestimates an initial value between $925.00 and $955.00 per $1,000; original issue price is 100.000%. The offering includes distribution commissions and hedging costs and is subject to the Bank's creditworthiness and various market, tax and liquidity risks.

The Bank of Nova Scotia offers senior, unsecured Trigger Autocallable Contingent Yield Notes linked to the least performing of the Nikkei 225® Index and the EURO STOXX 50® Index due on or about March 7, 2029. The Notes pay fixed contingent coupons (set on the trade date within a 9.00% to 10.00% per annum range) only if both underliers meet coupon barriers on observation dates and may be automatically called quarterly (callable after six months). If not called, principal repayment at maturity is contingent: full principal is repaid only if both final levels meet downside thresholds (70.00% of initial levels); otherwise repayment is reduced proportionally to the decline of the least performing underlying asset, potentially resulting in total loss. Payments depend on BNS creditworthiness; the issue is not listed and has limited liquidity. Trade and settlement dates indicated are March 2, 2026 and March 5, 2026, respectively, with final valuation date March 2, 2029.

The Bank of Nova Scotia is offering Autocallable Contingent Coupon Trigger Notes linked to the common stock of Netflix, Inc., with a $1,000 principal amount per note and an expected maturity of April 7, 2027.

Each monthly observation (expected 2nd calendar day of each month from April 2026 to April 2027) can trigger a contingent coupon of $10.50 per $1,000 (equal to 1.05% monthly, up to 12.60% annually) if the closing price of Netflix is at or above a coupon barrier of 67.00% of the initial price. The notes will be automatically called if the closing price on any call observation date (expected from September 2026 through March 2027) is equal to or greater than the initial price, in which case holders receive $1,000 plus the contingent coupon on the call payment date.

If not called, at maturity holders receive $1,000 if the final price is at least 67.00% of the initial price; otherwise they receive a share delivery amount equal to $1,000 divided by the initial price (with cash in lieu of fractions), and will not receive the contingent coupon. The pricing supplement discloses an initial estimated value range of $925.00 to $955.00 per $1,000 at pricing and an original issue price of 100% with underwriting commissions and fees disclosed.

The Bank of Nova Scotia offers Capped Buffered Enhanced Participation Notes linked to the iShares® Expanded Tech-Software Sector ETF. Each note has a $1,000 principal amount, a 150.00% participation rate, a 10.00% buffer and a buffer rate of approximately 111.11%. The maximum payment at maturity is expected to be between $1,235.65 and $1,276.60 per $1,000 principal amount. The notes pay no interest, are unsecured senior obligations of the Bank, and any payment depends on the Bank's creditworthiness. The initial estimated value range is $943.66 to $973.66 per $1,000, while the original issue price is 100.00%. The term is expected to be approximately 13 to 15 months and notes are not listed on any exchange.

The Bank of Nova Scotia is offering $8,494,000 of Autocallable Fixed Coupon Trigger Notes linked to Alphabet Inc. Class A stock, due March 25, 2027. Each note has a principal amount of $1,000 and pays a monthly coupon of $7.709 per $1,000 (0.7709% monthly, up to approximately 9.25% per annum) commencing in March 2026. The notes are automatically called if the reference asset closes at or above the initial price of $314.98 on any call observation date (Aug 20, 2026–Feb 22, 2027). If not called, at maturity investors receive $1,000 if the final price is at least 69.00% of the initial price, or a share delivery amount equal to $1,000 divided by the initial price if the final price is below 69.00%, exposing holders to loss of all or a substantial portion of principal. Payments are unsecured obligations of the Bank and subject to its credit risk. The initial estimated value was $970.49 per $1,000, below the original issue price.

The Bank of Nova Scotia is offering senior, unsecured, equity-linked securities with a face amount of $1,000 per security linked to the lowest performing common stock of Amazon, Alphabet (Class A) and Meta.

The securities may be automatically called on March 22, 2027 for a call premium of at least 32.00%. If not called, maturity is March 22, 2029 and payouts depend solely on the lowest performing Underlying Stock: an upside participation rate of 300%, a threshold equal to 60% of the starting price, an absolute-value upside cap of 40.00% for certain negative returns, and full downside exposure below the threshold. The Bank estimated the securities' value between $880.00 and $905.40 per security on the cover page.

The Bank of Nova Scotia is offering senior, equity index-linked notes (Series A) that are auto-callable with a contingent coupon and contingent downside principal at risk, linked to the lowest performing of the S&P 500, Russell 2000 and Nasdaq-100.

Each security has a face amount of $1,000 and an original offering price of $1,000. The contingent coupon rate will be set on the pricing date and will be at least 9.00% per annum. Coupon and call features depend on the lowest performing Index relative to a coupon threshold and downside threshold equal to 70% of each Index starting level. If not called, maturity is March 28, 2030 (issue date April 6, 2026), and principal may be reduced by the percentage decline of the lowest performing Index on the final calculation day (losses greater than 30% and possibly total loss).

The Bank reported estimated values at pricing between $922.87 and $952.87 per security and proceeds to the Bank of $974.25 per security after agent discounts. All payments depend on the Bank's creditworthiness and the securities are not insured.

The Bank of Nova Scotia priced digital notes linked to the iShares® Expanded Tech-Software Sector ETF due May 13, 2027. The notes reference the ETF's price from the February 23, 2026 strike date (initial price $76.94) to the May 11, 2027 valuation date, with maturity on May 13, 2027.

Key economic terms: original issue price 100%, initial estimated value range $952.95–$982.95 per $1,000 principal, underwriting commission 0.67% (or $6.70 per $1,000). If the final price is ≥ 90.00% of the initial price, holders receive a capped $1,200.10 per $1,000; below that threshold losses apply with a buffer rate of approximately 111.11%.

The Bank of Nova Scotia is offering Trigger Autocallable Contingent Yield Notes linked to the least performing of the Nasdaq-100 Index and the Russell 2000 Index. The notes have a trade date of February 25, 2026, expected settlement on February 27, 2026, and maturity on February 27, 2031.

Key economic terms: $10 principal per Note (minimum investment $1,000), contingent coupon rate range of 8.75% to 9.25% per annum, and both the coupon barrier and downside threshold set at 70.00% of the initial level. Coupons are paid only if both underliers meet their coupon barriers on observation dates; the notes are callable quarterly (first callable after six months). If not called and the least performing underlier ends below its downside threshold, repayment at maturity can be less than principal, with potential total loss.

This is a senior unsecured obligation of BNS; all payments, including principal, depend on BNS creditworthiness. The offering documents set final terms on the trade date and should be read together with the referenced supplements and prospectus.

The Bank of Nova Scotia is offering $21,249,000 of Contingent Income Auto‑Callable Securities due February 23, 2029

These senior unsecured notes are linked to the common stock of Tesla, Inc. and pay a contingent quarterly coupon of $32.50 (equivalent to 13.00% per annum) when the underlying closing price on a determination date is at or above the downside threshold of $205.91 (50.00% of the initial share price). The call threshold and initial share price are $411.82 (100.00% of the initial share price). If the final share price is below the downside threshold, principal is reduced pro rata by the share performance factor and could be less than 50.00% of principal or zero. BNS’ initial estimated value was $968.50 per $1,000 stated principal amount, below the issue price.

The Bank of Nova Scotia is offering senior, market‑linked notes—auto‑callable, leveraged upside and buffered downside—linked to the lowest performing of the common stock of Energy Transfer LP, Microsoft Corporation and S&P Global Inc.

Each security has a $1,000 face amount, a potential automatic call on March 4, 2027 that would pay a 50.00% call premium, and a stated maturity of March 2, 2029. If not called, the maturity payoff depends solely on the lowest performing underlying: at least a 350% upside participation rate (to be set on the pricing date), a 25% downside buffer, and up to a 75% loss of principal if the worst performer falls beyond the buffer. The Bank estimates the securities' value on pricing between $880.00 and $903.66 per security; the original offering price is $1,000 with proceeds to the Bank of $974.25 per security after distribution discounts. All payments are subject to the Bank’s credit risk; terms are subject to completion and to the pricing date determinations.

The Bank of Nova Scotia is offering $19,602,000 of contingent income auto-callable securities linked to MongoDB, Inc. with a stated principal of $1,000 per security. The notes price at $1,000, have an estimated value of $952.70, a pricing date of February 20, 2026, and mature on February 23, 2029. Each security pays a contingent quarterly coupon of $43.75 (equivalent to 17.50% per annum) if the underlying closing price on a determination date is at or above the downside threshold of $172.28 (50.00% of the initial share price). The call threshold and initial share price are $344.56. If not redeemed early and the final share price is below the downside threshold, maturity payment equals the stated principal multiplied by the share performance factor and may be less than 50.00% of principal or zero. All payments are subject to BNS credit risk.

The Bank of Nova Scotia offers Autocallable Contingent Coupon Buffer Notes linked to CrowdStrike Holdings, Inc. The Notes carry $1,000 principal per Note, trade date February 27, 2026, original issue date March 4, 2026, and a term to maturity of approximately 54 weeks to March 17, 2027 if not called earlier.

The Notes are senior, unsecured obligations of the Bank and are subject to the Bank's credit risk. They feature an automatic call if the Reference Asset's closing value on any Observation Date equals or exceeds the Initial Value; a Contingent Coupon of at least $57.20 may be paid when the Reference Asset closes at or above 75.00% of the Initial Value; and a Buffer Amount of 25.00% with a Downside Leverage Factor of ~1.3333 applies to losses below that buffer.

The Bank of Nova Scotia is pricing Trigger Autocallable Contingent Yield Notes linked to the least performing of the Nasdaq-100 Index and the EURO STOXX 50 Index, with a strike date of February 23, 2026 and maturity on February 28, 2036.

The notes pay a contingent coupon of 7.60% per annum (stated as $0.19 per quarter) only if both underlyings meet their coupon barriers on observation dates. The notes are callable quarterly (first callable after 12 months). Downside protection is limited: each underlying’s downside threshold is 75.00% of its initial level; if the least performing underlying is below that threshold at final valuation, principal repayment will be reduced proportionally. Minimum investment is 100 notes ($1,000); BNS’s initial estimated value per note was $8.67–$8.97, issue price per note is $10.00 with an underwriting discount of $0.35 (proceeds to BNS $9.65).

The Bank of Nova Scotia priced auto-callable, equity-linked senior notes tied to the common stock of Oklo Inc. The securities were priced on February 20, 2026 with an issue date of February 25, 2026, an original offering price of $1,000 per security and an estimated value of $930.91 per security.

The notes pay a 28.10% per annum contingent monthly coupon (with a memory feature) only if the Underlying Stock's closing price on each monthly calculation day is at or above the coupon threshold of $31.915 (50% of the starting price of $63.83). The securities are automatically called if the stock closes at or above the starting price on any calculation day from August 2026 through January 2028. If not called, repayment at the February 25, 2028 maturity depends on the ending price versus the downside threshold of $31.915; an ending price below that level results in pro rata principal loss (full downside exposure).

The Bank of Nova Scotia priced a preliminary offering of senior, unsecured equity index-linked securities with a face amount of $1,000 per security linked to the EURO STOXX 50® Index, with an expected Issue Date of April 6, 2026 and a stated maturity date of October 4, 2029.

The securities provide at least an 162% upside participation rate if the ending level exceeds the starting level, contingent principal protection to a 75% threshold (no loss above that threshold), and full downside exposure if the ending level is below the threshold. The Bank's estimated value at pricing is between $922.06 and $952.06 per security.

The Bank of Nova Scotia priced a preliminary senior note offering: auto-callable, equity-linked securities tied to NVIDIA Corporation with a stated maturity of March 22, 2027.

Each security has a $1,000 face amount and an original offering price of $1,000. The contingent coupon rate will be set on the pricing date and will be at least 16.50% per annum; coupon payments are paid monthly only if the Underlying Stock's closing price on a calculation day is at least 70% of the starting price. The securities may be automatically called on monthly calculation days from September 2026 through February 2027 if the closing price is at or above the starting price. If not called, principal at maturity depends on the ending price versus a downside threshold equal to 70% of the starting price; losses can exceed 30% of the face amount. The Bank's estimated value at pricing is between $929.13 and $959.13 per security.

The Bank of Nova Scotia is offering Dual Directional Capped Buffered Notes linked to the S&P 500® Index due March 2, 2028. The Notes have a $1,000 Principal Amount per Note with an Original Issue Price of 100.00% and an initial estimated value range of $949.81 to $979.81 per $1,000 Principal Amount. The Trade Date is expected to be February 27, 2026, Original Issue Date March 4, 2026, Final Valuation Date February 28, 2028 and Maturity Date March 2, 2028. The Notes provide upside participation capped at a Maximum Upside Return of at least 17.79%, a Buffer Value equal to 80.00% of the Initial Value, and a Downside Leverage Factor of 1.25. All payments are cash-settled at maturity and are subject to the credit risk of the Bank.

The Bank of Nova Scotia offers Autocallable Contingent Coupon Trigger Notes linked to the common stock of Verisk Analytics, Inc.

The notes have a principal amount of $1,000 per note and an expected maturity date of April 8, 2027. They pay a contingent coupon of 1.075% monthly (up to 12.90% per annum) on an observation date when the closing price of the reference asset is at or above the coupon barrier. Observation dates are expected monthly beginning April 2026; call observation dates begin in September 2026.

If any call observation date has a closing price equal to or above the initial price the notes are automatically called and investors receive $1,000 plus the contingent coupon. If not called and the final price is below the trigger price (set at 68.00% of the initial price), holders will receive a share delivery amount at maturity, which may result in a substantial loss of principal. The initial estimated value range on the trade date is expected to be between $925.00 and $955.00 per $1,000 principal amount; original issue price is 100%.

The Bank of Nova Scotia is issuing Series A equity-linked senior notes—market-linked, auto-callable securities with a contingent 18.40% per annum coupon (with memory) linked to the lowest performing of Amazon, Microsoft and Netflix. Each security has a $1,000 face amount and an original offering price of $1,000; the total original offering shown is $1,195,000. Payments (quarterly contingent coupons, automatic call and maturity payment) depend solely on the lowest performing underlying on scheduled calculation days; downside protection applies only to declines up to 25% (threshold = 75% of starting prices). All payments are subject to the Bank's credit risk and the securities are designed to be held to maturity.

The Bank of Nova Scotia is offering Autocallable Contingent Coupon Trigger Notes linked to the common stock of Amazon.com, Inc., with $1,417,000 aggregate principal and a maturity date of March 24, 2027.

For each $1,000 principal amount, a monthly contingent coupon of $8.167 is payable only if the reference stock closes at or above 70.00% of the initial price ($204.86) on observation dates. Notes are automatically called if the reference closes at or above the initial price on a call observation date (Aug 2026–Feb 2027). If not called and the final price is below 70.00% of the initial price, holders receive a share delivery amount (or cash for fractional shares), exposing principal to equity downside and the Bank’s credit risk.

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 of Broadcom, Alphabet Class C and Netflix. The securities pay no interest, may be automatically called on March 22, 2027 for a call premium of at least 37.50%, and mature on March 22, 2029.

If not called, the maturity payment depends on the ending price of the lowest performing Underlying Stock: a 300% upside participation if the ending price is above the starting price; a capped positive return up to 50.00% if the ending price falls between 50.00% of starting price and the starting price; and full downside exposure (losses greater than 50.00%) if the ending price is below 50.00% of the starting price. The Bank's estimated value at pricing is between $901.76 and $931.76 per security and the original offering price is $1,000.

The Bank of Nova Scotia priced a preliminary offering of senior, equity-linked securities linked to the common stock of Oracle Corporation that are auto-callable and carry a contingent quarterly coupon with a memory feature.

The securities have an original offering price of $1,000, an estimated value range of $915.08–$945.08 per security as of pricing, a contingent coupon rate of at least 15.00% per annum, a coupon threshold equal to 50% of the starting price, and a downside threshold equal to 50% of the starting price. The pricing date is March 17, 2026, the issue date is March 20, 2026, and the stated maturity is March 22, 2029. Payments are subject to the credit risk of The Bank of Nova Scotia.

The Bank of Nova Scotia is offering Capped Buffered Enhanced Participation Notes linked to the MSCI EAFE® Index, with terms set on the trade date and the offering subject to completion. Each note has a $1,000 principal amount and an original issue price of 100.00%.

The notes pay no interest and mature approximately 25 to 28 months after the trade date. Positive performance is paid at a 160.00% participation rate up to a capped maximum payment amount expected between $1,246.88 and $1,290.40 per $1,000. A buffer protects losses up to 15.00%; declines beyond that expose holders to amplified downside (buffer rate ~117.65%). The Bank's initial estimated value range is $945.64 to $975.64 per $1,000 at pricing.

The Bank of Nova Scotia priced $3,523,000 of Capped Buffered Enhanced Participation Basket‑Linked Notes due October 22, 2027. The notes reference a weighted basket of EURO STOXX 50 (40%), TOPIX (25%), FTSE 100 (17%), SMI (11%) and S&P/ASX 200 (7%), with a trade date of February 19, 2026 and a valuation date of October 20, 2027.

For each $1,000 principal, investors participate at a 230.00% rate in positive basket returns subject to a $1,217.35 maximum payment (cap ~9.45% appreciation). A 15.00% buffer protects against declines up to that threshold; losses beyond the buffer are applied using a buffer rate of approximately 117.65%, exposing holders to substantial or total principal loss. Payments are unsecured obligations of the Bank and depend on its creditworthiness.

The Bank of Nova Scotia is offering $2,058,000 of Autocallable Dual Directional Barrier Notes linked to the common stock of NVIDIA Corporation due February 25, 2028. The Notes are unsubordinated, unsecured obligations of the Bank and pay only cash amounts tied to NVIDIA’s closing values on specified measurement dates.

The Notes have an Initial Value of $189.82, a Call Premium of $200.00 (20.00%), and a Barrier Value equal to $132.87 (70.00% of the Initial Value). They are automatically called if the Reference Asset’s Closing Value on the Review Date of February 26, 2027 is at or above the Call Value, producing a cash payment of $1,200.00 per Note. If not called, payment at maturity depends on the Final Value on February 22, 2028 with an Upside Participation Rate of 219.00% for positive returns, limited outcomes for declines above the Barrier Value, and full downside exposure if the Final Value is below the Barrier Value. The Notes do not pay interest and are subject to the Bank’s credit risk.

The Bank of Nova Scotia is offering $11,122,000 of Autocallable Digital Buffer Notes linked to the common stock of Amazon.com, Inc. The notes have a $1,000 principal per note, a Call Premium of $191.00 (19.10%), and a Digital Return of 38.20%.

Key dates and mechanics: Trade Date February 20, 2026, Original Issue Date February 25, 2026, Review Date March 5, 2027, and Maturity Date February 25, 2028. The Initial Value is $210.11, Buffer Value is $178.59 (85.00%), and the Bank's initial estimated value was $979.65 per $1,000, below the Original Issue Price.

The Bank of Nova Scotia offers $3,000,000 of Trigger Autocallable Contingent Yield Notes linked to the S&P 500® Index due February 22, 2029. Each Note has a $10 principal amount (minimum investment 100 Notes) and a 6.00% per annum contingent coupon payable only if observation-date barriers are met.

The initial level was 6,881.31 (strike date February 18, 2026), the coupon barrier and downside threshold are 4,128.79 (60.00% of the initial level). If not called and the final level is below the downside threshold, repayment at maturity can be reduced pro rata to the underlying return. BNS estimated initial value at $9.75 per Note and offered at $10.00 per Note.

The Bank of Nova Scotia is offering $9,055,000 of Autocallable Contingent Coupon Trigger Notes linked to the common stock of GE Vernova Inc.

Each $1,000 note pays a $11.75 contingent coupon monthly if the reference stock's closing price on an observation date is at least 56.00% of the initial price ($817.55). Notes auto-call if the closing price on a call observation date from August 2026 through February 2027 is at or above the initial price; maturity is March 23, 2027. If not called and the final price is below the 56.00% trigger, holders receive a share-delivery amount equal to $1,000 divided by the initial price, exposing principal to the reference stock's downside and the Bank's credit risk.

The Bank of Nova Scotia is offering market-linked, auto-callable senior notes linked to the common stock of First Solar, Inc. with a face amount of $1,000 per security, a pricing date of February 26, 2026, issue date of March 3, 2026, and stated maturity of March 1, 2029.

The securities pay quarterly contingent coupon payments (memory feature) only when the Underlying Stock's closing price on each calculation day is at or above the coupon threshold (equal to 50% of the starting price). The contingent coupon rate will be set on the pricing date and will be at least 12.25% per annum. If a calculation day meets or exceeds the starting price, the notes will be automatically called for the face amount plus accrued contingent coupons. If not called, the maturity payment depends on the ending price versus the downside threshold (equal to 50% of the starting price), and investors may lose more than 50% of principal, potentially all, if the ending price is below that threshold. The Bank's estimated value at pricing would be between $912.20 and $942.20 per security.

The Bank of Nova Scotia is offering senior, equity-linked, auto-callable notes with a $1,000 face amount per security linked to the lowest performing common stock of Dell Technologies, General Motors and Robinhood.

The notes price on February 24, 2026, issue on February 27, 2026, and mature on March 1, 2029. The contingent coupon rate will be set on the pricing date and will be at least 26.50% per annum, payable monthly if the lowest performing underlying closes at or above 50% of its starting price. If not auto-called, principal repayment at maturity depends on the lowest performing underlying's ending price vs. a 50% downside threshold; significant loss, possibly total, is possible. The Bank's estimated value at pricing is between $945.43 and $975.43 per security; original offering price is $1,000.

The Bank of Nova Scotia priced and is offering senior, equity-linked notes. The securities have an original offering price of $1,000 per security (aggregate $1,723,000) with an estimated value of $976.82 per security on the pricing date. Issue date is February 23, 2026 and stated maturity is February 23, 2029.

The notes are auto-callable monthly from August 2026 to January 2029 if the lowest performing underlying stock closes at or above its starting price; the contingent coupon rate is 35.00% per annum (paid monthly, with a memory feature). The payoff and coupon eligibility are linked solely to the lowest performing of the common stocks of Micron Technology, Sandisk Corporation and Western Digital. Coupon threshold and downside threshold equal 50% of each starting price; holders face full downside exposure if the lowest performing stock ends below that threshold. All payments are subject to the Bank's credit risk.

The Bank of Nova Scotia is offering Autocallable Contingent Coupon Notes linked to the common stock of DoorDash, Inc. The Notes have a $1,000 Principal Amount per Note, an expected Original Issue Date of March 3, 2026, and a term to the Final Valuation Date of February 26, 2029 with Maturity on March 1, 2029.

Key economic terms: Contingent Coupons of at least $36.25 per Note (equal to at least 14.50% per annum) may pay on specified observation dates if the Reference Asset meets the Contingent Coupon Barrier (set at 50.00% of the Initial Value). The Barrier Value is 50.00% of the Initial Value. Notes are automatically called if the Reference Asset Closing Value on any Call Observation Date is equal to or greater than the Initial Value. You may lose up to 100% of principal if the Final Value is below the Barrier.

Payments are unsecured obligations of the Bank and are subject to the Bank’s credit risk. The Bank’s initial estimated value range on the Trade Date is $928.83 to $958.83 per $1,000 Principal Amount.

The Bank of Nova Scotia is offering Buffered Enhanced Participation Basket-Linked Notes with a principal amount of $1,000 per note, expected term of approximately 23 to 26 months and a buffer equal to 10.00% of the initial basket level (buffer rate ≈ 111.11%).

The notes link to a weighted basket (EURO STOXX 50 40%, TOPIX 25%, FTSE 100 17%, SMI 11%, S&P/ASX 200 7%), offer a participation rate expected between 113.00% and 132.00%, and may return principal at maturity only if the final basket level does not fall below the 90.00% buffer (losses below that level are amplified by the buffer rate). The initial estimated value range is $943.32 to $973.32 per $1,000 principal amount; underwriting commissions are 1.53%.

The Bank of Nova Scotia is offering $3,837,000.00 aggregate face amount of senior, equity‑linked securities priced on February 18, 2026. These securities have a face amount of $1,000 per security, a monthly contingent coupon at a contingent coupon rate of 22.00% per annum, and a stated maturity of February 23, 2029.

Payments depend solely on the lowest performing of four underlying stocks (AMD, INTC, MU, UNH). Coupons pay only when the lowest performing stock on a calculation day is at or above 40% of its starting price; an automatic call can occur monthly from August 2026 to January 2029. If not called, principal at maturity can be lost if the lowest performing stock closes below 40% of its starting price.

The Bank of Nova Scotia is offering $8,540,000 of Autocallable Contingent Coupon Trigger Notes linked to the common stock of Broadcom Inc., maturing on March 22, 2027. The notes pay a contingent monthly coupon of $11.042 per $1,000 principal (1.1042% monthly, ~13.25% annually) on any coupon payment date if the closing price on the related observation date is equal to or greater than the coupon barrier of 56.00% of the initial price.

The initial price of the reference stock was $332.54 (trade date February 17, 2026). The notes are automatically called (redeemed at $1,000 plus any contingent coupon) if, on any call observation date (monthly from August 2026 through February 2027), the closing price is equal to or greater than the initial price. If not called and the final price is below the 56.00% trigger, holders receive a share delivery amount equal to $1,000 divided by the initial price, which will be worth less than 56.00% of principal at the final valuation date; in that case no contingent coupon is paid and investors may lose all or a substantial portion of their investment. Payments are subject to the Bank’s creditworthiness; the Bank’s initial estimated value at pricing was $963.17 per $1,000 principal.

The Bank of Nova Scotia offers $7,301,000 of autocallable contingent coupon trigger notes linked to NVIDIA Corporation stock, maturing on March 22, 2027. The notes pay a monthly contingent coupon of $10.959 per $1,000 (equal to 1.0959% monthly) only if the reference stock closes at or above 59.00% of the initial price on observation dates and may be automatically called for $1,000 plus the contingent coupon if the stock closes at or above the initial price of $184.97 on specified call observation dates commencing August 2026. If not called and the final price is below the 59.00% trigger, holders receive a share delivery amount (equal to $1,000 divided by the initial price) and will not receive contingent coupons; such outcome can result in substantial or total loss of principal. Payments are subject to the Bank's creditworthiness.

The Bank of Nova Scotia is offering senior, trigger autocallable GEARS linked to the common stock of NVIDIA Corporation. The Securities have a $10 principal per Security, a trade date of February 26, 2026, an observation date of March 4, 2027, a final valuation date of February 26, 2029 and a maturity date of February 28, 2029. The call return rate is 21.55%; the autocall barrier equals the initial level and the downside threshold equals 50% of the initial level. Upside gearing will be set between 1.30 and 1.50 on the trade date. Minimum investment is $1,000 and BNS’ initial estimated value at pricing is between $9.28 and $9.58 per Security. Payments, including any principal repayment, are subject to the creditworthiness of BNS and the Securities may result in substantial or complete loss of principal.

The Bank of Nova Scotia is offering $3,548,000 of Autocallable Contingent Coupon Trigger Notes linked to Alphabet Inc. Class A common stock, due March 22, 2027. The notes pay a contingent monthly coupon of $8.709 per $1,000 (0.8709% monthly, ~10.45% annually) when the reference closing price is ≥ the coupon barrier (69.00% of the initial price). Observation dates occur monthly from March 17, 2026 to March 17, 2027. Notes are auto‑called (redeemed at $1,000 plus the contingent coupon) if the closing price on any call observation date from August 2026 through February 2027 is ≥ the initial price of $302.02 (trade date February 17, 2026). If not called and the final price is 69.00% of the initial price, holders receive a share delivery amount equal to $1,000 divided by the initial price (shares, with cash for fractions), exposing holders to a potential substantial loss. Payments are subject to the Bank’s credit risk.

The Bank of Nova Scotia priced a primary offering of senior structured notes with a face amount of $1,000 per security and an aggregate original offering amount of $2,242,000. The securities are U.S. dollar senior unsecured notes due February 23, 2029 that are auto-callable and pay a contingent coupon of 17.20% per annum monthly if the lowest performing underlying stock on each calculation day is at or above 50% of its starting price. The notes are linked to the lowest performing of the common stocks of Amazon, Broadcom, Alphabet (Class A) and NVIDIA. If not called, maturity payment depends on the ending price of the lowest performing underlying stock relative to a downside threshold equal to 50% of its starting price; a final ending price below that threshold results in loss of more than 50% and potentially all of principal. All payments are subject to the Bank's credit risk.

The Bank of Nova Scotia priced a $3,114,000 offering of senior, equity-linked securities under its Senior Note Program. The securities have a face amount of $1,000 per security, a pricing date of February 17, 2026, an issue date of February 20, 2026 and a stated maturity of February 23, 2028.

They are auto-callable on February 22, 2027 for a call premium of 45.60%. If not called, the maturity payoff depends solely on the lowest performing underlying (Microsoft, ServiceNow, Oracle): upside participation is 300%, an absolute‑value positive return applies only if the lowest performing stock declines by no more than 50%, and losses greater than 50% (up to full principal loss) occur if that stock falls below its 50% threshold. The Bank’s estimated value at pricing was $912.78 per security.