Bank Nova Scotia SEC Filings

The Bank of Nova Scotia is offering Dual Directional Capped Buffered Notes linked to the S&P 500® Index, issued at 100% of a $1,000 principal amount per note and sold in minimum investments of $10,000. The notes provide upside exposure to the index if its final level is at or above the initial level, with a maximum upside return of at least 20.90%. If the index declines but remains at or above 85.00% of the initial level, investors receive a positive return equal to the absolute decline. Below the 15% buffer, losses are magnified: holders lose about 1.1765% of principal for every 1% additional drop and can lose the entire investment.

The notes pay no interest, all payments are made at maturity in cash, and they are unsecured, unsubordinated obligations subject to the credit risk of the Bank. They will not be listed on any exchange, and liquidity may be limited. Underwriting commissions are 1.50%, so proceeds to the Bank are 98.50% of principal, and the initial estimated value is expected between $946.77 and $976.77 per $1,000 note, below the issue price.

The Bank of Nova Scotia is offering $10,402,600 of Capped Buffer GEARS, senior unsecured notes linked to the S&P 500^® Index and maturing on November 30, 2027. Each Security has a $10 principal amount and offers 2x leveraged exposure to any positive index return, but gains are capped at a 22.50% maximum gain, or $12.25 per Security.

If the index return is zero or negative but the final level stays at or above the downside threshold of 6,089.29 (90% of the 6,765.88 initial level), investors receive only their $10 principal. If the index ends below the downside threshold, repayment is reduced based on losses beyond the 10% buffer, and investors can lose almost all of their investment. The notes pay no interest, are not insured or bail-inable, will not be listed on an exchange, and all payments depend on BNS’s creditworthiness.

The Bank of Nova Scotia (BNS) is offering senior unsecured Contingent Income Auto-Callable Securities linked to the Class A common stock of Alphabet Inc. (GOOGL). These notes target a contingent quarterly coupon of $26.50 per $1,000, equivalent to 10.60% per annum, for each determination date on which Alphabet’s closing price is at or above 60% of the initial share price (the downside threshold), with a "memory" feature that can pay previously missed coupons if the condition is later met.

The notes are auto-callable: on any non-final determination date when Alphabet closes at or above 100% of the initial share price (the call threshold), they are redeemed early at par plus the applicable coupon and any unpaid coupons. At maturity, if not called and Alphabet is at or above the downside threshold, investors receive principal plus the final coupon and any unpaid coupons. If Alphabet’s final price is below the downside threshold, repayment is reduced 1-for-1 with the stock’s decline, and the payment can be less than 60% of principal or zero.

The securities do not participate in any stock upside beyond coupons, pay no dividends, and carry full principal risk as well as credit risk to BNS. They are not listed, may have limited secondary liquidity, and BNS’ estimated value on the pricing date is expected to be between $935.92 and $965.92 per $1,000 issue price.

The Bank of Nova Scotia is offering unsecured senior Autocallable Contingent Coupon Buffer Notes linked to the Class A common stock of Alphabet Inc. Each Note has a $1,000 principal amount and can be automatically called if Alphabet’s closing value on an observation date is at or above the initial value of $323.44.

If the Notes are not called and Alphabet’s value on an observation date is at least 80.00% of the initial value ($258.75), investors receive a contingent coupon of $15.1667 per Note, with a “memory” feature that can pay previously unpaid coupons. At maturity, if not called and Alphabet’s final value is at or above the 80% buffer level, investors receive full principal; if it is below, principal is reduced at 1.25% for each 1% decline beyond the 20% buffer, up to a total loss.

The initial estimated value is expected to be between $964.03 and $994.03 per $1,000 Note, reflecting internal funding and structuring costs. Payments depend entirely on the credit of The Bank of Nova Scotia, and the Notes will not be listed on any securities exchange.

The Bank of Nova Scotia is offering unsubordinated, unsecured senior Capped Notes linked to the shares of SPDR® Gold Shares (GLD), maturing on January 8, 2027. Each Note has a $1,000 principal amount, with a minimum investment of $10,000, and pays no interest before maturity.

At maturity, if GLD’s final value is above its initial value, investors receive $1,000 plus the percentage gain in GLD, capped at a Maximum Return of at least 11.94% (e.g., up to $1,119.40 per $1,000, to be set on the trade date). If GLD is unchanged, the payout is $1,000. If GLD is lower, investors lose 1% of principal for each 1% decline in GLD, but the payment will not be less than $950, so the maximum loss is 5%.

The Notes are subject to the credit risk of The Bank of Nova Scotia, will not be listed on any exchange, and may have limited or no secondary market. The initial estimated value is expected to be between $953.39 and $983.39 per $1,000, below the 100% original issue price due to funding, hedging and distribution costs.

The Bank of Nova Scotia is offering unsecured Autocallable Trigger Notes linked to the Nasdaq‑100 Index and the Russell 2000 Index, due in December 2027. The notes pay no interest and are not listed on any exchange.

The notes can be automatically called in December 2026 if each index is at or above its initial level, in which case holders receive $1,000 per note plus a call premium expected to be at least 15%. If not called, maturity payment depends on the least performing index: if both finish above their initial levels, holders receive principal plus 250% of that index’s gain; if any index is at or below its initial level but both stay at or above 75% of initial, only principal is returned.

If any index finishes below 75% of its initial level, principal is reduced one‑for‑one with the loss in that index and can fall to zero. The initial estimated value is expected to be $925–$965 per $1,000, reflecting fees, hedging costs and the bank’s internal funding rate. All payments depend on BNS’s credit and the notes are not insured by CDIC or FDIC.

The Bank of Nova Scotia is offering unsecured, unsubordinated Autocallable Trigger Notes linked to the least performing of the Nasdaq‑100 Index® and the Russell 2000® Index, expected to mature on December 23, 2027. The notes pay no interest and will be automatically called on December 18, 2026 if both indices are at or above their initial levels, returning $1,000 per note plus at least an 11% call premium.

If not called, at maturity investors get: upside of 250% of the gain of the worst index if both finish above their initial levels; return of principal if each index is at least 75% of its initial level; or a loss matching the percentage decline of the worst index if any finishes below 75%, up to a full loss of principal. Notes are not insured by CDIC or FDIC, have an initial estimated value of $925–$965 per $1,000 due to fees and funding costs, may have limited or no secondary market, and all payments depend on the creditworthiness of The Bank of Nova Scotia.

The Bank of Nova Scotia is offering Capped Buffered Enhanced Participation Notes linked to the Russell 2000® Index, maturing on September 23, 2027. These unsecured senior notes pay no interest and all return is based on index performance between the expected December 18, 2025 trade date and the September 20, 2027 valuation date.

If the index rises, holders receive 150.00% of the index gain, but the payout is capped by a maximum payment amount expected to be at least $1,191.00 per $1,000 principal amount (at least 119.10%). If the index is flat or down by up to 10.00%, investors receive their $1,000 principal. If the index falls more than 10.00%, losses match the decline beyond that buffer, up to a 90.00% loss of principal.

The initial estimated value is expected between $925.00 and $965.00 per $1,000, below the 100% original issue price due to commissions, structuring fees and hedging costs. The notes will not be listed, may have limited or no secondary market, and any payment depends on the creditworthiness of The Bank of Nova Scotia.

The Bank of Nova Scotia is offering senior unsecured Market Linked Securities tied to the lowest performing of the S&P 500® Index, Russell 2000® Index and Nasdaq‑100 Index®, maturing in June 2027. Each security has a $1,000 face amount and may pay a contingent monthly coupon at a rate of at least 10.00% per annum if, on the relevant calculation day, the lowest performing index is at or above 75% of its starting level. If on any monthly date from June 2026 to May 2027 the lowest performing index is at or above its starting level, the notes are automatically called for $1,000 plus a final contingent coupon.

If the notes are not called, investors receive $1,000 at maturity only if the lowest performing index on the final calculation day is at or above its 75% downside threshold; otherwise, the maturity payment falls in line with the index decline and investors can lose more than 25%, up to their entire principal. The product does not participate in any index upside and pays no dividends. The Bank estimates the initial economic value of each security at between $927.28 and $957.28 per $1,000 price, and all payments are subject to the credit risk of The Bank of Nova Scotia.