Bank Nova Scotia SEC Filings

The Bank of Nova Scotia is offering autocallable contingent coupon trigger notes linked to the common stock of UnitedHealth Group Incorporated. These unsecured senior notes target a 13‑month term to February 25, 2027, with $1,000 principal per note and a 100% original issue price.

Investors may receive a monthly contingent coupon of $9.834 per $1,000 note (0.9834% monthly, up to about 11.80% per year) if on each observation date the UNH share price is at or above 70% of the initial price. Starting in July 2026, the notes are automatically called if UNH closes at or above the initial price on a call observation date, returning $1,000 plus the related coupon.

If the notes are not called and the final UNH price is at least 70% of the initial price, investors receive $1,000 plus the final coupon. If the final price is below 70%, repayment equals $1,000 plus $1,000 times the stock’s percentage return, creating a one‑for‑one loss that can reach 100% of principal. The initial estimated value is expected between $925 and $955 per $1,000, the notes will not be listed, and all payments depend on Bank of Nova Scotia’s credit.

The Bank of Nova Scotia is offering unsecured Autocallable Contingent Coupon Trigger Notes linked to the common stock of Oracle Corporation, maturing on or about March 4, 2027. Each note has a $1,000 principal amount and pays a monthly contingent coupon of $11.25 per $1,000 (1.125% monthly, up to 13.50% per year) only if Oracle’s closing price on the relevant observation date is at or above 56.00% of the initial price. The notes may be automatically called starting in July 2026 if Oracle’s price on a call observation date is at or above the initial price, in which case investors receive $1,000 plus the applicable coupon and the notes terminate early.

If the notes are not called, the amount repaid at maturity depends on Oracle’s final price. If the final price is at or above 56.00% of the initial price, investors receive $1,000 plus the final coupon. If it is below 56.00%, repayment is $1,000 plus $1,000 multiplied by the Oracle return, meaning a 1% loss for every 1% Oracle has fallen from the initial level and potential loss of the entire principal, with no coupon. The initial estimated value is expected between $925.00 and $965.00 per $1,000, below the issue price, reflecting fees and hedging costs. The notes are not insured, will not be listed on an exchange, pay no dividends, and all payments depend on the creditworthiness of The Bank of Nova Scotia.

The Bank of Nova Scotia is offering Autocallable Contingent Coupon Trigger Notes linked to NVIDIA Corporation stock, maturing on or about March 4, 2027. These unsecured senior notes pay a monthly contingent coupon of 1.00% of principal (up to 12.00% per year) only if NVIDIA’s closing price on an observation date is at least 59.00% of the initial price.

Starting in July 2026 through January 2027, the notes will be automatically called if NVIDIA’s price on a call observation date is at or above the initial price, returning principal plus that month’s coupon, with no further payments.

If the notes are not called and NVIDIA’s final price is below 59.00% of the initial price, investors lose 1% of principal for each 1% decline from the initial price, potentially losing their entire investment, and receive no final coupon. The initial estimated value is expected to be $925–$965 per $1,000, below the issue price, reflecting dealer commissions of up to 2.15% and hedging and structuring costs.

The Bank of Nova Scotia is offering $24,362,000 of Contingent Income Auto-Callable Securities due January 12, 2029, linked to Amazon.com, Inc. common stock. These senior unsecured notes can pay a quarterly contingent coupon of $25.50 per $1,000 (10.20% per annum) if Amazon’s closing price on the determination date is at or above 70.00% of the $247.38 initial share price, a downside threshold of $173.166.

If on any non-final determination date Amazon closes at or above 100.00% of the initial share price, the notes are automatically redeemed at $1,000 plus the applicable coupon and any unpaid coupons under the memory feature. If held to maturity and the final share price is below the downside threshold, repayment is reduced 1-to-1 with Amazon’s decline, and the payment can be less than 70.00% of principal or zero.

Investors do not participate in any stock upside beyond coupons, forgo dividends, face full principal-at-risk and credit risk of BNS, and the notes will not be listed. The estimated value on the pricing date is $971.00 per $1,000, below the issue price, and secondary market liquidity is expected to be limited.

The Bank of Nova Scotia is offering $2,000,000 of Tesla-linked Contingent Income Auto-Callable Securities maturing January 13, 2028. These senior unsecured notes can pay a quarterly coupon of $43.375 per $1,000 (equal to 17.35% per annum) for each determination date on which Tesla’s stock closes at or above 60% of the initial share price of $435.80.

If Tesla’s closing price on a non-final determination date is at or above the call threshold of 100% of the initial share price, the notes are automatically redeemed at $1,000 plus the due coupon (including any “memory” coupons previously missed but later earned), and no further payments are made.

At maturity, if the final Tesla price is at or above the 60% downside threshold, investors receive $1,000 plus the applicable coupon and any unpaid coupons. If it is below that level, repayment is reduced 1-for-1 with Tesla’s decline, and the amount can be less than 60% of principal and as low as zero. The notes are not principal-protected, are not listed on any exchange, have limited liquidity, and all payments are subject to BNS credit risk. The estimated value on the pricing date is $972 per $1,000, below the issue price.

The Bank of Nova Scotia is offering $19,599,000 of Contingent Income Auto-Callable Securities due January 12, 2029, linked to the common stock of Netflix, Inc. Each $1,000 security can pay a quarterly contingent coupon of $27.00 (10.80% per year) if on a determination date Netflix’s closing price is at least 60.00% of the $89.46 initial share price, a downside threshold of $53.676.

If on any non-final determination date Netflix closes at or above the $89.46 call threshold price, the note is automatically redeemed for $1,000 plus that period’s coupon, and no further payments are made. If the notes are not called and, at maturity, Netflix is below the downside threshold, repayment is reduced 1-for-1 with the stock’s decline, and the amount returned can be far below $600 and as low as zero.

Investors do not participate in any stock upside beyond coupons, receive no dividends, and face full principal-at-risk exposure as well as unsecured credit risk of BNS. The securities will not be listed, carry limited liquidity, and have an estimated initial value of $963.30 per $1,000 after built-in fees of $22.50 per security.

The Bank of Nova Scotia is offering $10,811,000 of Capped Buffered Enhanced Participation Notes linked to the S&P 500 Index, maturing on May 3, 2028. These notes pay no interest and the cash you receive at maturity depends entirely on index performance between January 9, 2026 and May 1, 2028.

If the index finishes above the initial level of 6,966.28, you receive 160.00% of the index gain, capped at a maximum payment of $1,264.00 per $1,000 principal. If the index is flat or down by up to 15.00%, you get back $1,000. If it falls by more than 15.00%, your loss accelerates at a buffer rate of about 117.65%, and you could lose up to your entire investment.

The notes are unsecured, unsubordinated obligations of The Bank of Nova Scotia and are not insured by any deposit insurer. They will not be listed on an exchange, and secondary market liquidity may be limited. The initial estimated value is $991.20 per $1,000, reflecting internal funding and hedging costs, so the fair value at issue is below the price paid.

The Bank of Nova Scotia is offering $20,662,000 of Contingent Income Auto-Callable Securities due January 12, 2029, linked to the common stock of GE Vernova Inc. These notes can pay a quarterly contingent coupon of $30 per $1,000 (12.00% per annum) for any determination date when the stock closes at or above 50.00% of the initial share price of $622.50, helped by a "memory" feature that can catch up missed coupons.

The notes may be automatically redeemed early at par plus the applicable coupon and any unpaid coupons if the stock closes at or above the 100.00% call threshold of $622.50 on a non-final determination date. Principal is fully at risk: if at maturity the GE Vernova share price is below the 50.00% downside threshold of $311.25, repayment is reduced one-for-one with the stock’s decline and can fall to zero. The securities are unsecured obligations of BNS, have limited liquidity, and their estimated value at pricing is $964.50 per $1,000, below the issue price, reflecting fees, structuring and hedging costs.

The Bank of Nova Scotia is offering senior unsecured Trigger Autocallable Notes linked to the EURO STOXX 50® Index, maturing around January 21, 2031. Each Note has a $10 principal amount, with a minimum investment of 100 Notes.

The Notes can be automatically called quarterly after 12 months if the index closes at or above the call threshold, set at 100% of the initial level. If called, investors receive the call price, equal to principal plus a call return based on an annual call return rate of 8.05%–9.05%, increasing the longer the Notes remain outstanding, and no further payments are made.

If never called and the final index level is at or above 75% of the initial level, investors receive only their $10 principal per Note. If the final level is below this downside threshold, repayment is reduced dollar-for-dollar with the index decline, and the entire investment can be lost. The Notes pay no interest or dividends, are not listed on any exchange, have an initial estimated value of $9.25–$9.55 per $10, and all payments depend on BNS’s creditworthiness.