Bank Nova Scotia SEC Filings

The Bank of Nova Scotia is offering capped buffered index-linked notes tied to the worst performer of the Russell 2000 and S&P 500 indexes, maturing in June 2027. The notes pay no interest and all return comes at maturity based on index performance.

Investors get 120% participation in the price return of the worst-performing index when both finish above their initial levels, but gains are capped by a maximum upside payment expected to be at least $1,182.50 per $1,000 note. If any index finishes below its initial level but at or above 90% of it, investors earn 120% of the absolute decline, turning moderate losses into gains.

If any index ends below 90% of its initial level, principal is reduced one-for-one beyond the 10% buffer, with up to 90% of principal at risk. The notes are unsecured obligations of The Bank of Nova Scotia, not insured or exchange-listed. The initial estimated value is expected between $925 and $965 per $1,000, below the issue price, reflecting fees, hedging and the bank’s internal funding rate, and secondary market liquidity may be limited.

The Bank of Nova Scotia is issuing $13,370,000 of senior unsecured digital notes linked to the S&P 500® Index, maturing on November 8, 2027. Each $1,000 note pays no interest and at maturity will return a fixed $1,173.00 if the index final level is at least 90.00% of the initial level of 6,538.76. If the final level is below 90.00% of the initial level, repayment is reduced with an accelerated downside of approximately 1.1111% loss for every 1% decline beyond the 10.00% buffer, and investors can lose up to their entire principal. The initial estimated value is $982.16 per $1,000, below the issue price, and payments are subject to the credit risk of The Bank of Nova Scotia, with no listing or deposit insurance.

The Bank of Nova Scotia is offering senior unsecured Market Linked Securities tied to an unequally weighted basket of five equity indices: EURO STOXX 50 (38%), TOPIX (26%), FTSE 100 (17%), Swiss Market Index (11%) and S&P/ASX 200 (8%). The notes have a $1,000 face amount, no periodic interest, no dividends, and are designed to be held to the stated maturity in 2031.

At maturity, if the basket ending level is above the 100.00 starting level, investors receive $1,000 plus at least 167.00% of the basket’s positive return. If the ending level is between 75% and 100% of the starting level, investors receive only the $1,000 face amount. Below the 75% threshold level, repayment is reduced one-for-one with the basket loss, so investors can lose more than 25%, up to their entire investment.

The original offering price is $1,000 per security, with dealer discounts of up to $38.70 and issuer proceeds of $961.30 per security. The Bank’s estimated value is between $887.00 and $916.97 per security, reflecting selling costs and hedging profits. The notes are not listed, may have limited liquidity, and all payments are subject to the credit risk of The Bank of Nova Scotia.

The Bank of Nova Scotia is offering $3,400,000 of Enhanced Participation Basket-Linked Notes due November 26, 2029 under its Senior Note Program, Series A. These unsecured, unsubordinated notes pay no interest and their value at maturity depends on a weighted equity basket: EURO STOXX 50® (38%), TOPIX (26%), FTSE® 100 (17%), Swiss Market Index (11%) and S&P/ASX 200 (8%).

The initial basket level is 100. At maturity, each $1,000 note pays $1,000 plus 175.70% of any positive basket return, but loses principal one-for-one with any negative basket return, down to zero. The initial estimated value is $926.85 per $1,000, below the 100% issue price. Underwriting commissions are 3.20% of the offering, and the notes will not be listed on any exchange. All 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 Russell 2000® Index, maturing on or about September 23, 2027. These unsecured senior notes pay no interest and all returns depend on index performance between the trade and valuation dates.

If the index rises, holders receive 150.00% of the price return, capped by a maximum payment amount expected to be at least $1,222.50 per $1,000. If the index is flat or down by up to 10.00%, investors receive their principal back. Below that buffer, losses resume on a 1-for-1 basis in excess of 10%, with up to 90.00% of principal at risk.

The initial estimated value is expected to be between $925.00 and $965.00 per $1,000, reflecting internal funding and structuring costs. The notes are not insured by the CDIC or FDIC, will not be listed on an exchange, and any payment depends on the creditworthiness of The Bank of Nova Scotia.

The Bank of Nova Scotia is offering capped buffered index-linked notes tied to the worst performer of the Russell 2000® and S&P 500® indices, maturing in June 2027. The notes pay no interest; instead, the maturity payment depends on index performance between the trade and valuation dates, with a 120% participation rate.

If both indices finish above their initial levels, gains are boosted but capped by a maximum payment expected to be at least $1,260 per $1,000. If any index is down but not below 90% of its initial level, investors earn a positive return based on the absolute decline, also at 120%. If any index falls below 90% of its initial level, principal is reduced one-for-one beyond the 10% buffer, with up to 90% loss of principal possible.

The initial estimated value is expected between $925 and $965 per $1,000, below the 100% issue price, reflecting fees, hedging costs and the bank’s internal funding rate. The notes are unsecured, unsubordinated obligations of The Bank of Nova Scotia, not listed on any exchange, and all payments are subject to the bank’s credit risk.

The Bank of Nova Scotia is offering senior unsecured Market Linked Securities tied to the common stock of Palantir Technologies Inc., maturing on December 21, 2028. Each note has a $1,000 face amount and pays a contingent quarterly coupon at a rate of at least 19.70% per annum only if Palantir’s stock closes on the relevant calculation day at or above a coupon threshold set at 50% of the starting price. Missed coupons can be “remembered” and paid later if the threshold is met on a future calculation day.

The notes are auto-callable from March 2026 to September 2028 if Palantir’s stock closes at or above the starting price on a calculation day, in which case investors receive the $1,000 face amount plus the applicable coupon(s). If not called, principal repayment at maturity depends on the final stock price. If the ending price is at or above the 50% downside threshold, investors receive $1,000; if it is below, the payoff is $1,000 times the stock’s performance factor, so investors can lose more than 50% and up to all of principal.

The original offering price is $1,000 per note, including an agent discount of $25.75, with estimated value between $939.32 and $969.32 per note. The securities are not listed, may have limited liquidity, pay no dividends on Palantir stock, and all payments are subject to the credit risk of The Bank of Nova Scotia.

The Bank of Nova Scotia is offering principal-at-risk Auto-Callable Trigger PLUS notes linked to the Russell 2000® Index, maturing on or about January 4, 2028. Each security has a stated principal amount and issue price of $1,000, with an early redemption payment of $1,139.30 per security if the index closing value on the December 23, 2026 determination date is at or above the initial index value.

If not redeemed early, at maturity investors receive $1,000 plus a leveraged upside payment based on 125% of the index’s positive return. If the final index value is at or below the initial index value but at or above the trigger level of 80% of the initial value, repayment is limited to $1,000. If the final index value falls below the trigger level, repayment is reduced 1% for each 1% decline, and the payment can be zero.

The securities pay no interest or dividends, are unsecured senior debt of BNS under its Senior Note Program, Series A, and all payments depend on BNS’s credit. The estimated value on the pricing date is expected to be between $942.11 and $972.11 per $1,000, reflecting sales commissions, structuring fees and hedging costs, and the notes will not be listed on any exchange.

The Bank of Nova Scotia is offering $11,753,000 of unsecured, unsubordinated capped notes linked to the shares of SPDR® Gold Shares (GLD), maturing on December 10, 2026. Each $1,000 Note pays no interest and at maturity delivers the price return of GLD from an Initial Value of $380.20, capped at a Maximum Return of 12.57%, so the maximum payment is $1,125.70 per Note. If GLD finishes below the Initial Value, investors lose 1% of principal for each 1% decline, but the payment will not be less than $950 per Note, limiting loss to 5%.

The Original Issue Price is 100% of principal, with 1.00% underwriting commissions and 99.00% of proceeds, or $11,635,470, to the Bank. The initial estimated value is $985.81 per $1,000, reflecting internal funding and hedging costs, and the Notes will not be listed on any exchange, so liquidity may be limited. The Notes carry the credit risk of The Bank of Nova Scotia; if the Bank defaults, investors may lose some or all of their investment. The minimum investment is $10,000 in $1,000 increments.