Bank Nova Scotia SEC Filings

The Bank of Nova Scotia is offering Buffered Index-Linked Notes tied to the S&P 500® Index, maturing in March 2027, that pay no interest and are unsecured, unsubordinated obligations of the bank.

At maturity, each $1,000 note pays based on the index move from the December 2025 trade date to the March 2027 valuation date. If the index rises, you participate one-for-one in the price gain, but your total payment is capped at a maximum upside payment amount expected to be at least $1,082.50 per $1,000. If the index falls by up to 10%, you earn a positive return equal to the absolute loss (for example, a -5% index move produces a +5% return).

If the index declines more than 10%, you lose 1% of principal for each 1% drop beyond that buffer, up to a maximum loss of 90% of principal. The notes do not provide dividends or a total return on the S&P 500®, will not be listed on an exchange, and their value is affected by the bank’s credit. The initial estimated value is expected to be between $925 and $965 per $1,000, below the issue price due to fees, hedging and the bank’s internal funding rate.

The Bank of Nova Scotia is issuing $76,000 of Capped Buffered Return Notes linked to the S&P 500® Index, maturing on November 27, 2030. These senior unsecured notes have a $1,000 denomination and were priced at 100% of principal, with underwriting commissions of 3.50% and net proceeds of $73,340 to the Bank. The initial estimated value is $935.65 per $1,000, below the issue price due to internal funding and structuring costs.

If the index finishes above the initial level of 6,705.12, investors receive the positive index return up to a 55.00% Maximum Return, for a maximum payment of $1,550 per $1,000 note. If the final value is between 85.00% and 100% of the initial level, investors get back $1,000. Below the 85.00% Buffer Value (5,699.35), principal is reduced 1% for each 1% further decline, with losses up to 85%. The notes pay no interest, are not insured, are not bail-inable, are subject to the Bank’s credit risk, and are not expected to have a liquid secondary market.

The Bank of Nova Scotia is offering senior unsecured market-linked securities tied to the common stock of UnitedHealth Group Incorporated. Each security has a $1,000 face amount and can pay a contingent monthly coupon at a rate of at least 10.00% per annum, but only if the UNH stock closing price on the relevant calculation day is at or above 65% of the starting price.

From June 2026 to November 2026, if UNH closes at or above the starting price on any monthly calculation day, the notes are automatically called for $1,000 plus the final coupon. If not called, principal is protected at maturity only if the final UNH price is at or above the downside threshold, also set at 65% of the starting price; otherwise, repayment is reduced in line with UNH’s decline and investors can lose more than 35%, up to their entire principal. The notes do not participate in any upside of UNH, pay no dividends, are not listed on an exchange, and all payments are subject to the credit risk of The Bank of Nova Scotia.

The Bank of Nova Scotia is offering senior unsecured Market Linked Securities tied to the S&P 500® Index under its Series A program. Each note has a $1,000 face amount, no periodic interest and matures on January 4, 2030, with principal repayment at maturity subject to the Bank’s credit risk.

At maturity, if the Index is above its starting level, investors receive $1,000 plus 100% of the Index gain, capped by a maximum return of at least 23.00%, giving a maximum maturity payment of at least $1,230 per note. If the Index is flat or lower, the payment is $1,000.

The preliminary estimated value is between $921.02 and $951.02 per $1,000 note, reflecting selling commissions, structuring and hedging costs. The notes will not be listed, and secondary market liquidity, if any, is expected to be limited. Agent compensation includes up to $38.25 per note in discounts and concessions. The notes are not insured by Canadian or U.S. deposit insurance schemes and include complex tax and market risk features.

The Bank of Nova Scotia is offering unsubordinated, unsecured Dual Directional Capped Buffered Notes linked to the S&P 500 Index, maturing on December 2, 2027. Each Note has a $1,000 principal amount, with a minimum investment of $10,000.

If the S&P 500 Final Value is at or above its Initial Value, investors receive the positive index return, capped at a Maximum Upside Return of at least 18.92%. If the Final Value is below the Initial Value but at or above 80% of the Initial Value, investors earn the absolute value of the negative performance, up to a maximum payment of $1,200 per $1,000 Note. Below the 80% buffer, investors lose 1.25% of principal for each 1% drop beyond the 20% buffer and can lose all principal.

The Notes pay no interest, all payments occur at maturity, and returns depend entirely on the index and the credit of the Bank. The initial estimated value is expected to be between $949.31 and $979.31 per $1,000, below the 100% Original Issue Price, reflecting structuring, distribution and hedging costs. The Notes will not be listed, may have limited liquidity, and are not insured by the CDIC or FDIC.

The Bank of Nova Scotia is offering $3,543,720 of Trigger Autocallable Notes linked to the EURO STOXX 50® Index, issued at $10 per Note under its Senior Note Program, Series A. The Notes have a term of about five years, are callable quarterly after 12 months, and pay a fixed "call return" if automatically called, based on a 9.30% per annum call return rate.

The initial index level is 5,515.09, which is both the call threshold and the reference for a downside threshold set at 4,136.32 (75% of the initial level). If the Notes are never called and the final index level is at or above the downside threshold, investors receive only their principal back. If the final level is below the downside threshold, repayment is reduced in line with the index loss and investors can lose their entire investment.

The Notes pay no interest or dividends, are not listed on any exchange, and may have limited or no secondary market. All payments depend on the creditworthiness of BNS, and the pricing supplement highlights significant market, liquidity, structural and tax risks relative to conventional debt.

The Bank of Nova Scotia is offering unsecured Autocallable Contingent Coupon Buffer Notes with Memory Coupon linked to the common stock of Vistra Corp. (VST), maturing December 16, 2026, unless called earlier. Each Note has a $1,000 principal amount and a minimum investment of $10,000.

The Notes may be automatically called on quarterly Observation Dates if the stock closes at or above its Initial Value, returning principal plus any due coupons. If not called, investors receive a contingent coupon of at least $49.50 per Note for each Observation Date where the stock is at or above 70% of the Initial Value, with unpaid coupons “memorized” and paid on later qualifying dates.

At maturity, if the Final Value is at or above 70% of the Initial Value, investors receive full principal back plus any due coupons. If it is below that level, principal is reduced by about 1.4286% for each 1% decline beyond the 30% buffer, down to a potential total loss. All payments depend on the creditworthiness of The Bank of Nova Scotia, and the Notes are not listed or insured.

The Bank of Nova Scotia (BNS) is offering Contingent Income Auto-Callable Securities due on or about December 1, 2026, linked to the worst performing of CVS Health and UnitedHealth Group common stock. Each security has a $1,000 stated principal amount and may pay a contingent quarterly coupon of $51.50 per security (equivalent to 20.60% per annum) if on a determination date the closing price of each stock is at least 70% of its initial share price.

If on any non-final determination date the closing price of both stocks is at least 100% of their initial share prices, the notes are automatically redeemed for the stated principal plus that period’s coupon, and no further payments are made. At maturity, if the final price of every stock is at or above its respective 70% downside threshold, investors receive principal plus the final coupon; otherwise, the payoff is reduced 1-to-1 with the decline of the worst performer, potentially to zero.

The securities are senior unsecured debt of BNS, not principal protected, not insured by CDIC or FDIC, will not be listed on any exchange, and have an estimated value on the pricing date expected between $944.25 and $974.25 per $1,000 issue price.

The Bank of Nova Scotia is offering $27,894,000 of senior unsecured digital notes linked to the S&P 500® Index, maturing on March 22, 2028. The notes pay no interest and all value comes from the index level on the valuation date of March 20, 2028.

For each $1,000 note, if the final index level is at least 85.00% of the initial level of 6,538.76, holders receive a fixed $1,202.50, capping upside even if the index rises more. If the index falls more than 15% from the initial level, repayment drops by about 1.1765% for every 1% decline beyond that, up to a total loss of principal.

The initial estimated value is $988.70 per $1,000, below the issue price, reflecting internal funding and hedging costs. The notes are not insured by CDIC or FDIC, will not be listed on an exchange, and secondary market liquidity, if any, would be provided mainly by an affiliate, Scotia Capital (USA) Inc.