BANK OF NOVA SCOTIA SEC Filings

The Bank of Nova Scotia (BNS) priced $24,000,000 of senior, unsecured Buffered Contingent Income Auto-Callable Securities with Memory Coupon and Downside Leverage due May 11, 2027, linked to shares of the Invesco QQQ Trust, Series 1. Each $1,000 security may pay a contingent monthly coupon of $12.00 (14.40% annually) on specified determination dates if the closing price of the underlying shares is at or above the downside threshold price of $613.449 (90% of the initial share price). The notes are auto-callable if the underlying shares meet or exceed the call threshold of $681.61 on a determination date. If not auto-redeemed and the final share price is below the downside threshold, investors receive a cash value that can result in substantial loss (approx. 1.1111% loss per 1% decline below the downside threshold). All payments are subject to BNS credit risk and the securities are not listed on an exchange.

The Bank of Nova Scotia is offering $22,000,000 of Trigger Autocallable Contingent Yield Notes due May 12, 2036. The Notes pay quarterly contingent coupons only if both the Nikkei 225® and EURO STOXX 50® close at or above specified coupon barriers on observation dates; they are callable quarterly after 12 months. At maturity the principal repayment is contingent: if the final level of any underlying is below its 75.00% downside threshold, repayment may be reduced pro rata to the decline in the least performing underlying asset, potentially causing substantial or total loss. Payments are subject to BNS credit risk and the Notes are not listed.

The Bank of Nova Scotia is offering $13,800,000 of Trigger Autocallable Contingent Yield Notes linked to the least performing of XLI and XLK, maturing May 10, 2029. The Notes pay a contingent quarterly coupon at an 11.00% per annum rate only if both ETFs meet coupon barriers on observation dates, are callable quarterly after six months, and repay principal at maturity only if each final level is at or above a 70.00% downside threshold of its initial level. The issue price is $10.00 per Note (minimum 100 Notes); BNSs initial estimated value was $9.568 per Note. All payments depend on BNSs creditworthiness; investors may lose a significant portion or all principal.

The Bank of Nova Scotia is offering $6,000,000 of Autocallable Contingent Coupon Buffer Notes linked to the common stock of General Electric Company due May 12, 2027. Each $1,000 note pays a contingent coupon of $17.20 on an Observation Date when GE's Closing Value is at least 85.00% of the Initial Value ($305.83). The notes are unsubordinated, unsecured obligations of the Bank and are subject to the Bank's credit risk, automatic early call if GE's Closing Value equals or exceeds the Initial Value on any Observation Date, and principal loss if the Final Value is below the 85.00% Buffer Value ($259.96). Initial estimated value was $994.27 per $1,000 Principal Amount and the Original Issue Price was 100%.

The Bank of Nova Scotia is offering Autocallable Contingent Coupon Buffer Notes with Memory Coupon linked to Alphabet Inc. Class A common stock. The notes have a $1,000 principal per note, a Contingent Coupon of $15.10 per note when the Reference Asset meets a barrier, an Initial Value of $397.99 and a Buffer Value of $338.29 (85.00% of Initial Value). The notes may be automatically called on specified Observation Dates and mature on May 13, 2027. Payments depend on the Bank's creditworthiness; principal protection applies only if final Closing Value is at or above the Buffer Value. Minimum investment is $10,000.

The Bank of Nova Scotia offers Contingent Income Auto-Callable Securities linked to Corning Incorporated stock, with a stated principal amount of $1,000 per security and an issue price of $1,000 per security. These senior notes pay a contingent quarterly coupon of $53.225 (equivalent to 21.29% per annum) on a determination date when the underlying closing price is at or above the downside threshold of $91.20 (50% of the initial share price). The notes may be auto‑redeemed early if the underlying closes at or above the call threshold of $182.40 (100% of the initial share price). If the final share price is below the downside threshold, principal is reduced 1:1 by the share performance factor and could be less than 50% of principal or zero. Payments are subject to BNS credit risk and limited secondary market liquidity.

The Bank of Nova Scotia priced and issued senior, equity-linked auto-callable securities linked to the common stock of SoFi Technologies, Inc. with a face amount of $1,000 per security and a stated maturity of May 10, 2029. The securities pay a contingent coupon of 21.20% per annum quarterly only if the Underlying Stock’s closing price on each calculation day is at or above the coupon threshold ($9.612, 60% of the starting price). The starting price was $16.02 (pricing date May 5, 2026), the call threshold is $14.418 (90% of the starting price), and the downside threshold is $9.612 (60% of the starting price). If the securities are called on a calculation day that meets the call threshold, holders receive face amount plus final contingent coupon; if not called, maturity payment equals $1,000 if ending price ≥ downside threshold, or $1,000 × (ending price / starting price) if ending price < downside threshold, exposing holders to losses of more than 40% and possibly all principal. The Bank’s estimated value at pricing was $970.12 per security; original offering price was $1,000 per security. All payments are subject to the Bank’s credit risk and the securities are not insured by CDIC or FDIC.

The Bank of Nova Scotia is offering Trigger Autocallable Contingent Yield Notes linked to the least performing of the State Street® XLI and XLK ETFs, with a maturity date of May 10, 2029. The Notes pay a contingent coupon of 11.00% per annum only if each underlying asset equals or exceeds its coupon barrier on an observation date and are callable quarterly (first callable after six months). At maturity, if the Notes are not automatically called and the final level of any underlying asset is below its downside threshold (70.00% of initial level), repayment is reduced pro rata to the percentage decline of the least performing underlying asset, potentially resulting in substantial or total loss of principal. Issue price per Note is $10.00; initial estimated value at pricing is between $9.25 and $9.55. All payments are subject to BNS credit risk and the terms set forth in the product, underlier and prospectus supplements dated November 8, 2024.

The Bank of Nova Scotia (BNS) offers Trigger Jump Securities with an auto-callable feature due on or about June 3, 2031. Each note has a stated principal amount of $1,000.00 and an issue price of $1,000.00. The securities pay no interest and are exposed to the credit risk of BNS.

The securities will be automatically redeemed on a determination date if the index closing value of each underlying index is greater than or equal to its initial index value; early redemption or maturity payments correspond to a return of 16.72% per annum. If not redeemed and the worst performing underlying index finishes below its trigger level (90.00% of initial), investors suffer a 1:1 loss to the negative underlying return and could lose up to their entire investment.