BANK OF NOVA SCOTIA SEC Filings

The Bank of Nova Scotia is offering $7,155,000 in principal amount of Digital Notes linked to the EURO STOXX 50® Index due June 9, 2027. Each note has a $1,000 principal amount and a threshold settlement amount of $1,160.00 per $1,000. At maturity the payment depends solely on the reference asset return from the trade date (May 7, 2026) to the valuation date (June 7, 2027): if the final level is equal to or above the initial level of 5,972.65, holders receive the greater of the threshold settlement amount or $1,000 plus any positive reference asset return; if below, holders receive $1,000 plus the negative reference asset return and may lose up to 100% of principal. The notes do not pay interest, are unsecured obligations of the Bank, are not listed, and their value and any payment are subject to the Bank’s credit risk and the other risks described in this pricing supplement.

The Bank of Nova Scotia is offering Digital Notes linked to the EURO STOXX 50® Index with a principal amount of $1,000 per note and an expected term of approximately 16 to 19 months. The notes pay no interest and their maturity payment depends on the index performance relative to a threshold level of 85.00% of the initial level. If the final level is equal to or above 85.00% of the initial level, holders receive a capped payment (maximum payment amount expected between $1,103.10 and $1,120.90 per $1,000). If the final level is below 85.00%, investors suffer amplified downside: a buffer rate of ~117.65% applies and holders may lose up to 100% of principal. The original issue price is 100%, underwriting commissions equal 1.06% (listed as $10.60 per $1,000), and the Bank’s initial estimated value range at pricing is $957.56 to $987.56 per $1,000. All payments are subject to the Bank’s creditworthiness and the notes will not be listed on an exchange.

The Bank of Nova Scotia is offering Buffered Digital Basket-Linked Notes that pay at maturity based on a weighted basket of five international equity indices. For each $1,000 principal amount the notes pay either a threshold settlement amount (expected between $1,174.30 and $1,205.00), the principal plus any positive basket return, the principal if the final basket level declines by no more than 10.00%, or a reduced cash amount if the decline exceeds 10.00% (losses scale at approximately 111.11% per 1% beyond the 10% buffer). The notes do not pay interest, are unsecured senior obligations of the Bank, are payable in U.S. dollars, and are subject to the Bank's credit risk and limited liquidity. The expected term is approximately 24 to 27 months and the original issue price is 100% of principal.

The Bank of Nova Scotia priced a structured senior note offering of market-linked, auto-callable securities with leveraged upside and contingent downside exposure linked to the lowest performing share of Alphabet Inc., Micron Technology, Inc. and NVIDIA Corporation.

The securities have a $1,000 face amount and original offering price of $1,000 per security. If automatically called on the call date (approximately one year after issuance), holders will receive at least a 40.00% call premium (at least $400 per security). If not called, the maturity payment depends solely on the lowest performing Underlying Stock: a 400% upside participation rate applies to positive returns above the starting price; an absolute value return feature can produce up to 50.00% positive return if the lowest performer declines but remains ≥50% of its starting price; declines below 50% of starting price expose holders to full downside, potentially losing most or all of principal. The Bank’s estimated value at pricing is between $880.00 and $890.00 per security; proceeds to the Bank are $974.25 per security after initial distribution discounts. All payments are subject to the Bank’s credit risk.

The Bank of Nova Scotia is offering Airbag Autocallable Yield Notes linked to Constellation Brands, Inc. (STZ). Each Note has a $1,000 principal amount, a fixed coupon of 8.85% per annum, quarterly observation dates, and maturity on May 14, 2027. If an observation date closing level meets or exceeds the call threshold of $148.21 (100.00% of the initial level), the Notes will be automatically called and investors receive principal plus the coupon. If not called and the final level is below the conversion level of $125.98 (85.00% of the initial level), holders will receive approximately 7.9378 shares per Note (or cash in lieu), which may be worth less than principal. Payments depend on BNS creditworthiness. The initial estimated value range on the trade date was $947.00–$977.00 per Note.

The Bank of Nova Scotia is offering $8,500,000 of Autocallable Contingent Coupon Notes due May 11, 2028. The notes pay cash contingent coupons of $30.80 per note when each reference index meets a 70% barrier on specified observation dates and are automatically called if all three indexes equal or exceed their initial values on a Call Observation Date. If not called, final repayment depends solely on the Least Performing Reference Asset versus a 65% barrier; investors may lose up to 100% of principal. Strike Date: May 6, 2026; Trade Date: May 7, 2026; Original Issue Date: May 11, 2026. Payments are unsecured and subject to the Bank's credit risk.

The Bank of Nova Scotia is offering senior, auto-callable, equity-linked notes linked to the lowest performing share among Amazon, Broadcom, Alphabet (Class A) and NVIDIA, with a stated maturity of May 18, 2029. The face amount is $1,000 per security and the securities pay no periodic interest. Automatic call is possible on multiple scheduled call dates beginning one year after issue; minimum call premiums increase over time (starting at 30.60% per annum as specified). If not called, maturity payment depends on the ending price of the lowest performing Underlying Stock on the final calculation day; a decline below the threshold price (60% of starting price) results in 1-to-1 downside and potential loss of more than 40% of face amount. The original offering price is $1,000, the Bank's estimated value range on the cover is $909.34–$939.34 per security, and proceeds to the Bank are $974.25 per security after an agent discount of $25.75. All payments are subject to the Bank's credit risk and the securities lack a listing and guaranteed liquidity.

The Bank of Nova Scotia is offering $6,000,000 of Autocallable Contingent Coupon Buffer Notes linked to Alphabet Inc. Class A common stock. The notes pay a $15.10 contingent coupon on an Observation Date if the Reference Asset closes at or above $338.29 (85.00% of the Initial Value of $397.99), are autocallable if the Reference Asset closes at or above the Initial Value on any Observation Date, and mature on May 13, 2027. If not called, principal protection applies only if the Final Value is at or above the Buffer Value $338.29; otherwise investors lose approximately 1.1765% of principal for each 1% the Final Value is below the Initial Value in excess of the 15.00% buffer.

The Bank of Nova Scotia priced a $12,000,000 offering of Buffered Contingent Income Auto-Callable Securities due May 12, 2027 linked to the common stock of General Electric Company. Each note has a $1,000 stated principal amount and offers a contingent monthly coupon of $14.20 (equivalent to 17.04% per annum) if the closing price on a determination date is at or above the downside threshold of $244.664 (80% of the initial share price).

The notes are automatically redeemed early if GE’s closing price on a determination date equals or exceeds the call threshold of $305.83. If not redeemed and the final share price is below the downside threshold, investors receive a cash value based on an exchange ratio and will lose 1.25% for every 1% the final share price is below the downside threshold, potentially losing the entire investment. Payments are unsecured obligations of BNS and are subject to BNS credit risk.