ROYAL BK CDA QUEN PFD 424B Filings

Royal Bank of Canada is offering $6,336,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of NVIDIA Corporation. The Trade Date is February 17, 2026, Issue Date February 20, 2026, Valuation Date March 17, 2027 and Maturity Date March 22, 2027.

The Notes pay a monthly contingent coupon of $10.083 per $1,000 (annualized 12.10%) when the Underlier on the prior observation is at or above the Coupon Threshold. The Barrier and Coupon Threshold equal 58% of the Initial Underlier Value (Initial Underlier Value: $184.97; Barrier: $107.28). If a Call Observation Date shows the Underlier at or above the Initial Underlier Value, the Notes are automatically called and repay $1,000 plus the contingent coupon. If not called, maturity payoffs return $1,000 if Final Underlier Value ≥ Barrier; otherwise investors receive $1,000 × (1 + Underlier Return), which can result in substantial principal loss.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Buffer Notes linked to the common stock of Blackstone Inc. The offering's Trade Date is March 17, 2026 and Issue Date is March 20, 2026. The Notes pay a contingent coupon of 7.00% per annum ($5.833 per $1,000 monthly) when the Underlier meets the coupon threshold. The Notes are automatically callable beginning on the sixth monthly observation if the closing Underlier value is at or above the Initial Underlier Value. At maturity (April 22, 2027), if not called, investors receive $1,000 if the Final Underlier Value is at or above the 25% buffer level, otherwise a physical delivery amount (or cash) that can result in losses; the Buffer Percentage is 25%. The pricing supplement shows a public offering price of $1,000 (100.00%), underwriting discount of 1.50%, and an initial estimated value range of $917 to $967 per $1,000 principal amount.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Nasdaq-100 Technology Sector, the Russell 2000 and the S&P 500. The Trade Date is February 17, 2026, Issue Date February 20, 2026, Valuation Date February 20, 2029 and Maturity Date February 23, 2029.

The Notes pay a quarterly Contingent Coupon of $27.125 per $1,000 (equal to 10.85% per annum) only if each Underlier is at or above a Coupon Threshold (set at 70% of its Initial Underlier Value) on the preceding observation date. A Barrier is set at 60% of each Initial Underlier Value. If not called, at maturity investors receive $1,000 if the Least Performing Underlier is at or above its Barrier; otherwise the investor suffers a loss proportionate to the Underlier Return of the Least Performing Underlier. The issuer's initial estimated value is $987.87 per $1,000 versus the public offering price of $1,000. All payments are subject to the Bank's credit risk.

Royal Bank of Canada is offering $2,000,000 of Redeemable Fixed Rate Notes due April 12, 2027. The Notes pay interest at 3.675% per annum, are callable by the issuer on the Call Date, and are subject to Canadian bail-in powers under the CDIC Act.

Issue Date is February 19, 2026, Pricing Date is February 17, 2026, and interest is payable on February 19, 2027 and at maturity. All payments are subject to the Bank’s credit risk.

Royal Bank of Canada is offering $2,369,000 of Return Notes with Variable Coupons linked to an equally weighted 18-stock Raymond James Analysts’ Best Picks® basket. The notes trade on February 13, 2026, issue on February 19, 2026 and mature on February 22, 2027.

Payments at maturity use a Note Adjustment Factor of 99.05% and pay $1,000 × (1 + Basket Return) × Note Adjustment Factor. The initial estimated value is $987.57 per $1,000 principal; the public offering price is par. Coupon dates and averaging schedules are specified in the supplement.

Royal Bank of Canada is offering $11,749,000 of Return Notes with Variable Coupons linked to an equally weighted 18-stock Basket (the "Notes"). The Notes pay variable quarterly coupons and a maturity payment on February 22, 2027 tied to the Basket Return and a Note Adjustment Factor of 97.80%.

The initial estimated value is $975.10 per $1,000 principal amount; the public offering price is par. Coupons are calculated from realized distributions and averages on specified Initial and Final Averaging Dates; holders may lose some or all principal at maturity and all payments are subject to the Bank's credit risk.

Royal Bank of Canada offers $800,000 of market-linked, auto-callable senior notes (Series J) linked to the lowest performing of AbbVie Inc. common stock and Eaton Corporation plc ordinary shares. The securities have a $1,000 face amount, a 42.85% call premium and an 150% upside participation rate.

If the lowest performing underlying closes on the call date at or above its starting value, the notes will be auto-called and pay the face amount plus the call premium. If not called, maturity depends on the lowest performing underlying on the calculation day: full principal if decline ≤ 30%, leveraged upside if the underlying increases, and full downside exposure 30%, up to 100%) if the underlying declines below its 70% threshold.

The pricing date was February 13, 2026, issue date February 19, 2026, calculation day February 13, 2029, and stated maturity February 16, 2029. The initial estimated value was $951.36 per security and the original offering price was $1,000.00 per security.

Royal Bank of Canada is offering Auto-Callable Enhanced Return Dual Directional Barrier Notes linked to the least performing of the common stock of PayPal Holdings, Inc. and the Class A common stock of Block, Inc.. The Trade Date is February 24, 2026, Issue Date is February 27, 2026, Valuation Date is February 26, 2029 and Maturity Date is March 1, 2029. The Notes have a Call Observation Date of March 2, 2027 and a Call Settlement Date of March 5, 2027. Participation Rate at maturity is 150% and each Barrier Value is 50% of the Initial Underlier Value. Public offering price is 100.00% of principal with underwriting discount of 2.50%. The initial estimated value is expected between $895.40 and $945.40 per $1,000 principal amount. All payments are subject to the Bank's credit risk.

Royal Bank of Canada priced Market Linked Securities—Auto-Callable with Contingent Coupon and Contingent Downside Principal at Risk linked to the common stock of GE Vernova Inc. The offering totals $1,035,000 with an original offering price of $1,000.00 per security and an initial estimated value of $971.27 per security as of the February 13, 2026 pricing date.

The securities pay a contingent coupon rate of 14.20% per annum on quarterly contingent coupon payment dates if the Underlying Stock’s closing value is at or above the coupon threshold ($401.065, 50% of the starting value). They are auto-callable on quarterly calculation days if the closing value is greater than or equal to the starting value ($802.13 on the pricing date), in which case holders receive the face amount plus a final contingent coupon. If not called, maturity payments depend on the ending value versus the downside threshold ($401.065); an ending value below that threshold exposes holders to full downside loss in proportion to the Underlying Stock’s decline. Issue date is February 19, 2026 and stated maturity is February 16, 2029.

Royal Bank of Canada is offering four separate Auto-Callable Contingent Coupon Barrier Notes, each linked to a different equity underlier: Amazon (AMZN), Blackstone (BX), DocuSign (DOCU) and SLB (SLB). The notes pay quarterly contingent coupons (rates shown on the cover: 10.25%–11.25% for AMZN, 10.00%–11.00% for BX, 13.75%–14.75% for DOCU and 10.00%–11.00% for SLB) when the underlier meets the coupon threshold on observation dates.

Key economics: public offering price is 100.00% ($1,000 per $1,000 principal), underwriting discount 2.50% and proceeds to RBC 97.50%. Trade Date is February 24, 2026, Issue Date February 27, 2026, Valuation Date February 23, 2029 and Maturity Date February 28, 2029. Each offering has its own coupon threshold and barrier (examples: AMZN barrier = 75% of Initial Underlier Value, BX = 60%, DOCU = 50%, SLB = 70%).

The notes are callable on quarterly Call Observation Dates; if not called, maturity payment depends on the Final Underlier Value relative to the Barrier Value. If Final Underlier Value is below the Barrier Value, investors receive $1,000 × (1 + Underlier Return) and can lose a substantial portion or all principal. All payments are subject to RBC credit risk.

Royal Bank of Canada is offering $4,222,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Nasdaq-100 Index, the Russell 2000 Index and the State Street Energy Select Sector SPDR ETF. The Trade Date is February 13, 2026, Issue Date February 19, 2026 and Maturity Date February 17, 2028.

The Notes pay a Contingent Coupon of $10.708 per $1,000 principal when each Underlier meets its monthly Coupon Threshold (equivalent to 12.85% per annum if payable). The Coupon Threshold and Barrier for each Underlier equal 70% of its Initial Underlier Value. The Notes are auto‑callable monthly beginning on the sixth observation date if each Underlier is at or above its Initial Underlier Value; called holders receive $1,000 plus the Contingent Coupon then due. The public offering price is 100.00% (proceeds to the Bank 99.50%), and the initial estimated value is $988.58 per $1,000 principal amount.

Royal Bank of Canada offers two auto-callable contingent coupon barrier notes linked to JPMorgan Chase and Microsoft stock. The pricing supplement sets a Trade Date of February 13, 2026, an Issue Date of February 19, 2026, and a Maturity Date of February 16, 2029. The offerings list aggregate principal amounts of $300,000 for the JPM underlier and $2,498,000 for the MSFT underlier, sold at par with stated contingent coupon rates of 10.00% and 9.25% per annum, respectively.

The notes pay quarterly contingent coupons only if each underlier meets its coupon threshold on observation dates, carry automatic early call mechanics if the underlier equals or exceeds its initial value on call observation dates, and expose investors to principal loss if the final underlier value is below the barrier on the valuation date. All payments are subject to the issuer's credit risk and the pricing supplement emphasizes the initial estimated value is less than the public offering price.

Royal Bank of Canada is offering five separate Auto-Callable Contingent Coupon Barrier Notes with Memory Coupon, each linked to a single equity underlier. Each offering has a $1,000 principal amount per note, specified Contingent Coupon Rates (10.50%–13.25% per annum) and individual Coupon Thresholds and Barrier Values tied to each Underlier's Initial Underlier Value. The notes are callable on quarterly Call Observation Dates beginning August 13, 2026; if not called, principal repayment at maturity depends on the Final Underlier Value relative to the Barrier Value. All payments are subject to Royal Bank of Canada credit risk and tax treatment is uncertain.

Royal Bank of Canada priced $1,848,000 of market‑linked notes linked to NVIDIA Corporation. The securities have a $1,000 face amount, an original offering price of $1,000 per security and an initial estimated value of $965.67 per security as of the pricing date. The notes pay at maturity an equity‑linked amount: 150% upside participation capped at a 30.75% maximum return ($307.50), a 15% downside buffer, and up to an 85% loss of face amount if the ending value falls below the threshold (85% of the starting value). Key dates: pricing date Feb/13/2026, issue date Feb/19/2026, calculation day Apr/13/2027, stated maturity Apr/16/2027. The starting value on the pricing date was $182.81 (threshold $155.3885). Payments are unsecured obligations of the Bank and are subject to the Bank’s credit risk. The agent discount per security was $23.25, with proceeds to the Bank of $976.75 per security.

Royal Bank of Canada is offering Issuer Callable Contingent Coupon Barrier Notes linked to the Class A common stock of Alphabet Inc.

The offering shows a total public offering price of $1,725,000 and proceeds to the Bank of $1,697,400. The Notes pay a contingent quarterly coupon of $30.00 per $1,000 (a 3.00% quarterly rate, 12.00% annualized) when the Underlier is at or above the Coupon Threshold. The initial estimated value is $979.24 per $1,000. The Notes are callable at the issuer's option on quarterly Call Dates beginning approximately six months after issue. If not called and the Final Underlier Value is below the Barrier (65% of the Initial Underlier Value), investors receive a Physical Delivery Amount of shares, which may be worth significantly less than principal.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the Bloomberg US Large Cap VolMax Index.

The notes have a Trade Date of February 13, 2026, an Issue Date of February 19, 2026, and a Maturity Date of February 19, 2031. They pay a monthly contingent coupon of $14.167 per $1,000 principal (a 17.00% per annum equivalent) when the Underlier is at or above a Coupon Threshold equal to 70% of the Initial Underlier Value, and are auto-called if the Underlier equals or exceeds the Initial Underlier Value on a Call Observation Date.

At maturity, if not called, investors receive $1,000 if the Final Underlier Value is at or above the Barrier Value (50% of the Initial Underlier Value); if below the Barrier Value, repayment is reduced pro rata by the Underlier Return. The issuer determined an initial estimated value of $941.83 per $1,000 principal amount on the Trade Date.

Royal Bank of Canada is offering $1,217,000 in Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Russell 2000®, S&P 500® and EURO STOXX 50® indices. The Notes pay a contingent quarterly coupon of $21.125 per $1,000 (8.45% per annum if paid) and may be automatically called if all underliers meet or exceed their initial values on a Call Observation Date. If not called, repayment at maturity depends on the Least Performing Underlier versus a 70% barrier; principal can be substantially lost if that underlier is below the barrier on the Valuation Date.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of Microsoft Corporation. The Notes have a Trade Date of February 24, 2026, Issue Date February 27, 2026 and Maturity Date February 28, 2029. The Contingent Coupon, fixed on the Trade Date, is expected to be $24.375–$26.875 per $1,000 (equivalent to 9.75%–10.75% per annum) when payable; the Barrier and Coupon Threshold are set at 75% of the Initial Underlier Value. Notes may be automatically called on specified Call Observation Dates if the closing value of the Underlier is at or above the Initial Underlier Value; if not called, final payment depends on the Final Underlier Value versus the Barrier Value and includes potential principal loss tied to Underlier performance. All payments are subject to Royal Bank of Canada credit risk.

Royal Bank of Canada is offering $466,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of three ETFs. The Notes pay a Contingent Coupon of $13.125 per $1,000 (equivalent to 15.75% per annum if payable), are callable on quarterly observation dates and mature on February 16, 2029. Trade Date is February 13, 2026 and Issue Date is February 19, 2026. At maturity, if not called, principal repayment depends on the Final Underlier Value of the Least Performing Underlier relative to its Barrier Value; investors can lose a substantial portion or all principal if that value is below the Barrier Value.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of three ETFs: the KRE Fund, SMH Fund and XLE Fund. The offering price shown is $369,000 in aggregate and the initial estimated value is $954.71 per $1,000 principal amount.

The Notes pay a 13.75% per annum contingent coupon when each Underlier is at or above its 70% Coupon Threshold on observation dates, feature quarterly auto-call tests beginning about six months after the trade date, mature on February 16, 2029, and expose investors to the issuers credit risk and potential principal loss if the least performing Underlier finishes below its 60% Barrier Value.

Royal Bank of Canada is offering three separate Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of Freeport-McMoRan, Halliburton and UnitedHealth. The offerings show aggregate public offering amounts of $1,216,000, $613,000 and $1,909,000 respectively.

Key commercial terms: Trade Date February 13, 2026, Issue Date February 19, 2026, Valuation Date February 13, 2029 and Maturity Date February 16, 2029. Contingent Coupon Rates per annum are 10.00% (FCX), 10.25% (HAL) and 10.50% (UNH). Initial Underlier Values and Barrier levels: FCX initial $62.84 with Barrier $31.42 (50%), HAL initial $33.96 with Barrier $22.07 (65%), UNH initial $293.19 with Barrier $205.23 (70%).

Payments: quarterly contingent coupons payable only if each Coupon Observation Date meets the Coupon Threshold; unpaid coupons carry forward (“memory”) until paid. Notes are auto-called if the Underlier equals or exceeds the Initial Underlier Value on Call Observation Dates. At maturity, if Final Underlier Value is below the Barrier, principal is reduced by the Underlier Return and investors may lose a substantial portion or all principal. All payments are subject to the issuer’s credit risk.

Royal Bank of Canada offers Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the EURO STOXX® Banks Index and the State Street® Technology Select Sector SPDR® ETF. The Notes are being offered at 100.00% of principal with proceeds to the issuer of 99.00% and a 1.00% underwriting discount.

The Notes pay a contingent quarterly coupon of $42.50 per $1,000 (equivalent to 4.25% per quarter / 17.00% per annum) when each Underlier is at or above its Coupon Threshold on the preceding observation date, are auto-callable if both Underliers are at or above their Initial Underlier Values on a Call Observation Date, and mature on February 23, 2029 with principal repayment linked to the Final Underlier Value of the least performing Underlier and a Barrier set at 75% of each Initial Underlier Value.

Royal Bank of Canada is offering Redeemable Fixed Rate Notes due February 27, 2046 with an annual interest rate of 5.10%, an Issue Date of February 27, 2026 and annual interest payments each February 27 beginning February 27, 2027. The Notes are callable by the issuer on any Call Date beginning on February 27, 2031, subject to 10 business days’ prior written notice.

The Notes are subject to Canadian bail-in powers under the CDIC Act; holders are deemed to consent to possible conversion into common shares under that regime. Payments are subject to the Bank’s credit risk. Pricing shows per-note public price between $965.00 and $1,000.00 per $1,000 principal amount, with underwriting concessions up to $35.00 per $1,000.

Royal Bank of Canada is offering Redeemable Fixed Rate Notes due February 27, 2031. The Notes pay 4.10% interest per annum, payable semiannually beginning on August 27, 2026. The Issue Date is February 27, 2026 and the Notes are callable by the issuer on the Interest Payment Date scheduled for February 27, 2028 and each Interest Payment Date thereafter, with at least 10 business days' prior written notice.

Minimum investment is $1,000 and denominations are in multiples of $1,000. RBCCM is the underwriter and calculation agent. Initial purchase prices range between $987.50 and $1,000.00 per $1,000 principal amount, with underwriting concessions up to $12.50 per $1,000. The Notes are subject to Canadian bail-in powers under the CDIC Act and are not deposit-insured.

Royal Bank of Canada offers Auto-Callable Contingent Coupon Barrier Notes linked to Blackstone Inc. common stock. The Notes are sold at 100.00% of principal with an underwriting discount of 1.50% and an initial estimated value expected between $914.50 and $964.50 per $1,000 principal amount.

The Trade Date is February 27, 2026, Issue Date is March 4, 2026, Valuation Date is March 29, 2027 and Maturity Date is April 1, 2027. The Notes pay a contingent monthly coupon of $7.708 per $1,000 (equivalent to 9.25% per annum) when the Underlier meets the Coupon Threshold, feature monthly automatic call observations beginning on the sixth monthly observation, and deliver cash or shares at maturity depending on whether the Final Underlier Value is below the Barrier (set at 60% of the Initial Underlier Value).

Royal Bank of Canada is issuing $5,185,000 of Issuer Callable Contingent Coupon Buffer Notes with Memory Coupon linked to the Bloomberg US Large Cap VolMax Index, maturing on February 18, 2031. The notes pay a monthly contingent coupon of $10.333 per $1,000 (12.40% per annum) when the index closes at or above 60% of its initial level on the observation date.

The bank can call the notes at its discretion on monthly call dates starting February 18, 2027, paying $1,000 per note plus any due and unpaid coupons. If held to maturity and not called, principal is fully repaid when the final index value is at least 80% of the initial level, but investors incur losses beyond this 20% buffer, with substantial principal at risk. The initial estimated value is $982.88 per $1,000, below the public offering price, reflecting fees and hedging costs.

Royal Bank of Canada is offering autocallable structured notes linked to the SPDR S&P Biotech ETF (XBI), maturing February 26, 2029. Each note has a $10 principal amount and is a senior unsecured obligation of RBC, fully subject to its credit risk and not insured by deposit insurance.

The notes may be automatically called if XBI is at or above the $123.18 Call Level on observation dates in 2027, 2028, or 2029, paying fixed Call Amounts per unit of $11.602, $13.204, or $14.806, respectively. If never called and XBI finishes below the $123.18 Threshold Value, investors lose principal on a 1:1 basis, with downside fully exposed. The initial estimated value is $9.74 per unit, below the $10 public offering price due to RBC’s internal funding rate, underwriting discounts, and a $0.05 per-unit hedging-related charge. Investors forgo interest and dividends and face concentrated biotechnology sector risk and limited secondary liquidity.

Royal Bank of Canada is issuing auto-callable contingent coupon barrier notes linked to the weaker of the XLK and XOP ETFs in a $750,000 offering. Investors pay 100% of principal, while RBC expects net proceeds of 99%, or $742,500, before hedging.

The notes can auto-call quarterly if both ETFs are at or above their initial values, paying back principal plus a contingent coupon of $43.375 per $1,000 (4.3375% per quarter, 17.35% per year). If not called, maturity is in February 2029.

Principal is protected only if the worst-performing ETF finishes at or above 80% of its initial value; below this barrier, repayment is reduced one-for-one with the loss in the least performing ETF, and investors can lose most or all of their investment. The initial estimated value of $977.66 per $1,000 is below the public offering price, reflecting fees, funding, and hedging costs.

Royal Bank of Canada is offering Autocallable Strategic Accelerated Redemption Securities® (STARs) linked to an international equity index basket, due February 26, 2029. The offering is priced at $10.00 per unit for a total public offering of $23,763,500.00, with an initial estimated value of $9.76 per unit as of the pricing date.

The notes are senior unsecured obligations of RBC, expose investors to RBC credit risk, are subject to automatic early call on specified Observation Dates, and may return less than principal at maturity if the Ending Value is below the Threshold Value. Fees include a $0.20 underwriting discount and a $0.05 hedging-related charge; the Threshold Value and Call Level equal the Starting Value of 100.00.

Royal Bank of Canada is offering Autocallable Strategic Accelerated Redemption Securities linked to the EURO STOXX 50® Index, with a public offering size of $8,620,910.00 at $10 per unit. The initial estimated value is $9.70 per unit, lower than the public price due to RBC’s internal funding rate, underwriting discount and a hedging-related charge.

The notes run to February 23, 2029 and may be automatically called if the index on an Observation Date is at or above the Starting Value/Call Level of 6,011.29. If called, investors receive fixed Call Amounts per unit of $11.133, $12.266 or $13.399, depending on whether the call occurs after roughly one, two or three years.

If the notes are not called and the final index level is below the Threshold Value of 6,011.29, repayment of principal is reduced one-for-one with the index decline, with potential for significant loss, as illustrated by a hypothetical 50% drop leading to a $5.00 Redemption Amount per unit. The notes pay no interest, provide no dividends, are unsecured senior obligations of RBC and depend entirely on RBC’s credit, with limited or no secondary market liquidity expected.

Royal Bank of Canada plans to issue five auto-callable contingent coupon barrier notes with memory coupons, each maturing in February 2029 and linked separately to Adobe, Albemarle, Arm ADS, Micron and Tesla shares. The notes offer indicative annual coupon ranges from 10.25%–11.25% (Adobe) up to 19.25%–20.25% (Micron), paid quarterly only if the relevant underlier stays at or above a preset threshold.

Each note is automatically called if, on specified quarterly observation dates, the underlier closes at or above its initial value, returning principal plus due coupons, with no further payments. If not called and the final underlier value is at or above a barrier set at 50%–55% of the initial level, investors receive full principal back; if it finishes below the barrier, repayment is reduced in line with the underlier loss, up to a total loss of principal. Initial estimated values are expected between about $890 and $953 per $1,000 note, below the 100% public offering price, reflecting dealer compensation and hedging costs. Payments depend on RBC’s credit, the products are not deposit-insured, and the U.S. tax discussion indicates treatment as prepaid financial contracts with ordinary income coupons, subject to IRS uncertainty.

Royal Bank of Canada is offering Series J structured notes tied to a weighted basket of five equity indices: EURO STOXX 50® (40%), TOPIX® (25%), FTSE® 100 (17%), Swiss Market Index (11%) and S&P®/ASX 200 (7%). Each note has a $1,000 principal amount, pays no interest and is not listed or redeemable before maturity.

At maturity (expected about 47–50 months after the trade date), investors receive cash based on the basket return, with an upside participation rate expected between 158% and 185% if the basket rises. If the final basket level is below the initial level of 100, losses are one‑for‑one and investors can lose their entire investment. The initial estimated value is expected between $928.40 and $958.40 per $1,000, reflecting a 3.47% underwriting discount and hedging costs, and the notes are unsecured obligations of Royal Bank of Canada, without FDIC or CDIC insurance.

Royal Bank of Canada is offering Auto-Callable Enhanced Return Geared Buffer Notes linked to an equally weighted basket of CrowdStrike, Microsoft, Palo Alto Networks and Snowflake shares. The Notes are unsecured senior debt of RBC and are not bank deposits or insured obligations.

Each Note has a $1,000 principal amount, priced at 100% to the public, with proceeds to RBC of 98.50% after a 1.50% placement fee. The minimum investment is $10,000 in $1,000 increments. The initial estimated value is expected between $929.00 and $979.00 per $1,000, below the public offering price.

The Notes may be automatically called on March 5, 2027 if the basket closing value is at least its initial value, paying $1,202.10 per $1,000 (120.21%) and then terminating. If not called, at maturity investors get 125% of any positive basket return, full principal back if the basket is down up to 15%, and amplified losses beyond a 15% decline via a downside multiplier of about 1.17647. Investors can lose some or all principal, and all payments depend on RBC’s credit. The supplement also highlights complex U.S. tax treatment and multiple risk factors, including secondary market and valuation risks.

Royal Bank of Canada is issuing auto-callable contingent coupon barrier notes linked to the worst performer of the EURO STOXX Banks Index and the Technology Select Sector SPDR ETF in a $750,000 offering. Investors pay 100% of principal, while RBC expects net proceeds of $742,500 after a 1% underwriting discount.

The notes can pay a $40 contingent coupon per $1,000 each quarter (a 4.00% quarterly rate, 16.00% per year) if both underliers close at or above 75% of their initial values on the relevant observation date. They are automatically called if on any call observation date both underliers are at or above their initial levels, returning $1,000 plus that period’s coupon.

If the notes are not called and the worst-performing underlier finishes below its 75% barrier on the valuation date, repayment of principal is reduced one-for-one with the underlier loss, potentially to zero. The initial estimated value is $956.98 per $1,000, below the public price, and the notes are unsecured, not deposit-insured, and subject to complex U.S. tax treatment.

Royal Bank of Canada is offering auto-callable contingent coupon barrier notes linked to the worst performer among the iShares MSCI Emerging Markets ETF, the Nikkei 225 Index and the EURO STOXX 50 Index. The minimum investment is $1,000.

The notes pay a contingent coupon of $8.00 per $1,000 (0.80% monthly, 9.60% annually) on scheduled dates only if each underlier is at or above 70% of its initial value. Starting in May 2026, if on any call observation date all underliers are at or above their initial value, the notes are automatically called and repay $1,000 plus the applicable coupon, with no further payments.

If not called, at maturity in August 2027 investors receive $1,000 per note if the worst underlier is at or above its 70% barrier; otherwise repayment is reduced one-for-one with the decline in the worst underlier, potentially to zero. The price to the public is 100% of principal, with 1.875% underwriting discounts, and the initial estimated value is expected between $912.50 and $962.50 per $1,000, reflecting dealer costs and hedging. The notes are unsecured RBC debt, not insured by deposit insurers, involve complex U.S. tax treatment, and expose investors to possible loss of most or all principal.

Royal Bank of Canada is offering auto-callable contingent coupon barrier notes linked to Bank of America common stock. The notes pay a contingent coupon of $7.583 per $1,000 each month, equal to 0.7583% monthly or 9.10% per year, only when the stock closes at or above a 70% threshold.

The notes can be automatically called on monthly observation dates starting in August 2026 if the stock is at or above its initial value, returning $1,000 plus the coupon. If not called and Bank of America’s stock finishes below 70% of its initial value at maturity in April 2027, investors receive Bank of America shares instead of cash, likely worth much less than principal. The initial estimated value is expected between $917 and $967 per $1,000, below the public offering price, and all payments depend on RBC’s credit.

Royal Bank of Canada is offering auto-callable contingent coupon barrier notes tied to the worst performer of the Russell 2000 Index and the S&P 500 Index. The notes pay a contingent monthly coupon of $8.333 per $1,000 (0.8333% per month, 10.00% per year) only when each index is at or above 75% of its initial value on the relevant observation date.

The notes can be automatically called quarterly if both indices are at or above their initial values, returning $1,000 plus the coupon. If held to maturity and the worst-performing index closes below 70% of its initial value, repayment of principal is reduced one-for-one with the index loss, potentially down to zero. The initial estimated value is expected between $932.50 and $982.50 per $1,000, reflecting fees, hedging costs and RBC’s funding rate, and the product carries complex risk and uncertain tax treatment.

Royal Bank of Canada is offering Barrier Digital Notes linked to the worst performer of the S&P 500® and EURO STOXX 50® indices, maturing in February 2032. The price to the public is 100% of principal, with underwriting discounts of 3.35% and proceeds to RBC of 96.65%.

Per $1,000 note, investors receive $1,000 plus the greater of the least-performing index return or a 63% digital return if that index finishes at or above its initial level. If the least-performing index is below its initial level but at or above 60% of its initial value, principal is returned. Below this barrier, repayment is reduced one-for-one with the index loss, so investors can lose most or all principal.

The minimum investment is $1,000. The initial estimated value is expected between $900 and $950 per $1,000, reflecting structuring and hedging costs, and may be below both the issue price and any secondary market values. All payments depend on RBC’s credit, and the notes are not insured by Canadian or U.S. deposit insurance schemes.

Royal Bank of Canada is issuing $2,748,000 of Redeemable Fixed Rate Notes due February 17, 2038. The Notes pay a fixed interest rate of 5.00% per annum, with interest paid annually on February 17, starting in 2027.

The price to the public is 100.00% of principal, with underwriting discounts and commissions of 0.97%, resulting in proceeds to Royal Bank of Canada of 99.03%, or $2,721,344.40. The Notes are callable at the bank’s option, in whole but not in part, on February 17, 2028 and on each subsequent annual interest payment date, with 10 business days’ prior notice.

The Notes are senior bail-inable obligations subject to Canadian bail-in powers, meaning they may be converted into common shares or otherwise varied or extinguished under the Canada Deposit Insurance Corporation Act. For U.S. federal income tax purposes, counsel views the Notes as debt instruments issued without original issue discount.

Royal Bank of Canada is offering auto-callable contingent coupon barrier notes linked to the worst-performing of three ETFs: the iShares U.S. Real Estate ETF, the VanEck Semiconductor ETF and the State Street Utilities Select Sector SPDR ETF. The notes mature on February 24, 2031.

Investors may receive a monthly contingent coupon of $10.417 per $1,000 (about 12.5% per year) only if all underliers stay at or above a 70% threshold on observation dates. The notes can be automatically called quarterly if each ETF is at or above its initial value.

If the notes are not called and the worst ETF finishes at or above 70% of its initial value, investors get full principal back plus any final coupon. If it finishes below 70%, repayment is reduced one-for-one with the loss in that ETF, and principal losses can reach 100%. The price to the public is 100% of principal, with dealer compensation reducing net proceeds to 96.375%, and the initial estimated value is expected between $885 and $935 per $1,000.

Royal Bank of Canada is offering auto-callable contingent coupon barrier notes linked to the Russell 2000, S&P 500 and EURO STOXX 50 indices. The notes pay a quarterly contingent coupon of at least $21 per $1,000 (at least 8.40% per year) if each index stays at or above 70% of its initial level on observation dates.

The notes can be called early each quarter starting in February 2027 if all indices are at or above their initial levels, returning $1,000 plus the coupon. If held to maturity in February 2030 and the worst-performing index finishes below its 70% barrier, repayment of principal is reduced one-for-one with that index’s loss, potentially down to zero.

The price to the public is 100% of principal, with underwriting discounts of 2.50% and proceeds to Royal Bank of Canada of 97.50%. The initial estimated value is expected to be between $898.16 and $948.16 per $1,000, reflecting internal funding and hedging costs. Payments are subject to Royal Bank of Canada’s credit risk and complex U.S. federal income tax treatment.

Royal Bank of Canada is issuing $359,000 Redeemable Fixed Rate Notes due on February 17, 2033. The notes pay a fixed interest rate of 4.50% per annum, with interest paid semiannually on February 17 and August 17, beginning August 17, 2026.

The notes are callable at the bank’s option, in whole but not in part, on the interest payment date scheduled for February 17, 2028 and on each interest payment date thereafter, with 10 business days’ prior notice. They are issued at 100.00% of principal, with underwriting discounts of 0.72%, resulting in proceeds to Royal Bank of Canada of $356,415.20.

The notes are bail-inable under Canadian law, meaning they may be converted into common shares or otherwise varied or extinguished if Canadian bail-in powers are exercised. Payments depend on Royal Bank of Canada’s credit, and the notes are not insured by Canadian or U.S. deposit insurance agencies.

Royal Bank of Canada is offering redeemable fixed rate notes that pay interest at 3.675% per annum. The notes are issued in minimum investments of $1,000, priced around par, and form part of the bank’s Senior Global Medium-Term Notes, Series J program.

The notes mature on April 12, 2027, with interest payable on February 19, 2027 and at maturity. They are callable at the bank’s option on February 19, 2027 at par plus accrued interest. The notes are bail-inable under Canadian law, are subject to the bank’s credit risk, and are not insured by Canadian or U.S. deposit insurance agencies. Investors are directed to extensive risk factor and U.S. federal income tax discussions in the accompanying documents.

Royal Bank of Canada is offering $1,681,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the capital stock of The Campbell’s Company. These are unsecured RBC debt securities that pay a contingent monthly coupon of $12.083 per $1,000 (about 1.2083% per month, 14.50% per year) only when the stock closes at or above a threshold.

The initial stock value is $29.32, and both the coupon threshold and barrier are set at 77% of that level, or $22.58. Beginning about six months after issuance, the notes auto-call monthly if the stock is at or above the initial value, returning $1,000 plus the coupon. If not called, maturity repayment depends on the final stock value: full principal back if it is at or above the barrier, or a loss matching the percentage decline if it finishes below the barrier, up to total loss of principal.

The initial estimated value is $989.41 per $1,000, below the public offering price, reflecting internal funding and hedging costs. Payments depend on RBC’s credit, and complex U.S. tax treatment and potential withholding, especially for non-U.S. investors, are highlighted as key risk factors.

Royal Bank of Canada is issuing $1,488,000 of S&P 500® Index-linked structured notes due June 16, 2027. Each $1,000 note pays no interest and its final payment depends on index performance from February 11, 2026 to June 14, 2027.

If the index rises, investors receive 160% of the index gain, capped at a maximum settlement of $1,165.92 per $1,000 note once the index reaches 110.37% of its initial level of 6,941.47. If the index finishes between 90% and 100% of the initial level, investors receive back only the $1,000 principal.

Below 90% of the initial level, principal losses accelerate: investors lose about 1.1111% of principal for each 1% the index falls below the buffer level, with potential for a total loss. The initial estimated value is $995.67 per $1,000, below the issue price, reflecting issuing and hedging costs. The notes are unsecured RBC obligations, not FDIC- or CDIC-insured, will not be listed, and may have limited or illiquid secondary trading.

Royal Bank of Canada is offering $2,505,000 of Auto-Callable Enhanced Return Barrier Notes linked to the EURO STOXX 50® Index. The notes are issued at 100% of principal with underwriting discounts of 3.35%, providing net proceeds of about $2.42 million to the bank.

The notes can be automatically called on February 17, 2027 if the index is at or above its initial level, paying $1,116 per $1,000 (an 11.6% return) with no further payments. If not called, at maturity in February 2031 investors get 200% participation in any index gains, full principal back if the index is down but above a 75% barrier, and one‑for‑one downside exposure below that barrier, which can lead to a substantial or total loss of principal.

The minimum investment is $1,000. The initial estimated value is $962.34 per $1,000, below the public offering price, reflecting hedging and distribution costs. The notes carry RBC credit risk, limited liquidity, complex U.S. tax treatment and are not insured by Canadian or U.S. deposit insurance agencies.

Royal Bank of Canada is offering $5,739,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the Russell 2000, S&P 500 and EURO STOXX 50 indices. These four-year notes pay a contingent quarterly coupon of $22.875 per $1,000 (9.15% per year) only when all three indices are at or above 70% of their initial levels on the observation date.

The notes can be automatically called quarterly from February 2027 onward if each index is at or above its initial level, returning $1,000 plus the coupon, with no further payments. If not called and the worst-performing index ends below 70% of its initial value at maturity in February 2030, principal is reduced one-for-one with the index loss, potentially to zero.

The public offering price is $1,000 per note, with underwriting discounts of 2.35%, so proceeds to the issuer are 97.65%. The initial estimated value is $968.63 per $1,000, reflecting fees and hedging costs. The notes carry RBC credit risk, are not insured, and involve complex tax treatment and significant downside risk.

Royal Bank of Canada is offering $1,276,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of Apple, Disney and Oracle common stock. The notes pay a contingent coupon of $18.625 per $1,000 (1.8625% monthly, 22.35% annually) only when all three stocks close at or above 60% of their initial values on the relevant observation date.

The notes can be automatically called quarterly, starting about six months after issuance, if each stock is at or above its initial level, returning $1,000 plus the coupon, with no further payments. If not called, principal is protected at maturity only if the worst performer stays at or above 50% of its initial value; below that 50% barrier, repayment is reduced one-for-one with the loss in the worst stock, and investors could lose all principal.

The price to the public is 100% of principal, but the initial estimated value is $984.32 per $1,000, reflecting dealer compensation, hedging costs and the bank’s funding rate. The notes carry Royal Bank of Canada credit risk and involve complex U.S. tax treatment with potential 30% withholding for some non-U.S. holders.

Royal Bank of Canada is issuing redeemable fixed rate notes due February 13, 2029 with a total public offering amount of $6,686,000. The notes pay a fixed interest rate of 4.00% per year, with annual interest payments starting on February 13, 2027.

The notes may be redeemed at the bank’s option in whole, but not in part, on the scheduled call dates of February 13, 2027 and February 13, 2028, at which time investors would receive principal plus the applicable interest payment. Proceeds to Royal Bank of Canada are $6,662,599 after underwriting discounts and commissions.

The notes are issued in minimum denominations of $1,000, are subject to Royal Bank of Canada’s credit risk, and are designated as bail-inable, meaning they can be converted into common shares or written down under Canadian bank resolution powers. The documents highlight specific risk, tax, and legal considerations that investors are urged to review carefully.