ROYAL BK CDA QUEN PFD 424B Filings

Royal Bank of Canada is offering Market Linked Securities—Auto-Callable tied to the lowest performing of the common stock of Microsoft Corporation and Qualcomm Incorporated, with a total original offering of $2,180,000 (face amount $1,000 per security). The pricing date was March 5, 2026, the issue date is March 10, 2026, and the stated maturity date is March 8, 2029.

The securities pay a contingent quarterly coupon at a 19.00% per annum rate if the lowest performing underlying closes at or above its coupon threshold (70% of starting value) on a calculation day, are auto-callable if the lowest performing underlying closes at or above its starting value on certain quarterly calculation days, and expose investors to full downside on the lowest performing underlying at maturity if its ending value is below the 70% downside threshold. The initial estimated value per security was $954.85; the securities are senior unsecured obligations of the Bank and involve issuer credit risk.

Royal Bank of Canada is offering principal-protected-conditional notes linked to the MSCI EAFE® Index with a $1,000 principal amount per note and no periodic interest. The notes provide an upside participation rate of 160%, a buffer level of 85.00% and an expected cap level between 116.95% and 119.93% of the initial underlier level, producing a maximum settlement amount expected to be between $1,271.20 and $1,318.88 per $1,000 principal. The initial estimated value is expected between $962.70 and $992.70 per $1,000 and will be less than the original issue price. Payments at maturity depend on the final underlier level on the determination date (expected 26–29 months after the trade date) and are subject to the issuer's credit risk, various adjustments and potential market disruption events.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500. The Trade Date is March 13, 2026, Issue Date March 18, 2026, Valuation Date December 13, 2030 and Maturity Date December 18, 2030.

If payable, the Contingent Coupon equals $6.792 per $1,000 (an annualized 8.15%) and is paid monthly when each Underlier is at or above a Coupon Threshold equal to 60% of its Initial Underlier Value. The Notes may be automatically called beginning on the Call Observation Date of March 15, 2027 if each Underlier is at or above its Initial Underlier Value; called holders receive principal plus the then-due Contingent Coupon.

At maturity, if not called, payment depends on the Final Value of the Least Performing Underlier relative to a Barrier equal to 50% of its Initial Underlier Value: if the Least Performing Underlier is below the Barrier, investors suffer a loss equal to that Underlier Return; if at or above the Barrier, investors receive principal (plus any applicable Contingent Coupon). The pricing supplement states an initial estimated value between $911.00 and $961.00 per $1,000 and a public offering price of 100.00% with 1.00% underwriting discount. 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 Nasdaq-100, Russell 2000 and S&P 500. The Notes are sold at 100.00% of par with underwriting discounts of 1.00%, net proceeds to the Bank of 99.00% per $1,000. The Trade Date is March 13, 2026, Issue Date March 18, 2026, Valuation Date December 13, 2030 and Maturity Date December 18, 2030. If payable, the Contingent Coupon is $26.875 per $1,000 (a nominal 10.75% per annum). The Notes may auto-call quarterly if each Underlier is at or above its Initial Underlier Value on a Call Observation Date. The Coupon Threshold is 75% of each Initial Underlier Value and the Barrier Value is 60%. The initial estimated value is expected to be between $911.60 and $961.60 per $1,000 principal amount.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Geared Buffer Notes linked to the common stock of Blackstone Inc. The Notes have a $10,000 principal denomination, a Trade Date of March 9, 2026, Issue Date March 12, 2026, Valuation Date March 19, 2027 and Maturity Date March 29, 2027.

If not auto-called, the Notes pay a Contingent Coupon of $591.75 per $10,000 on quarterly Coupon Payment Dates when the Underlier closes at or above a Coupon Threshold equal to 80% of the Initial Underlier Value; unpaid coupons carry forward once and are payable when a later observation meets the threshold. The Notes will be automatically called on a Call Settlement Date if the Underlier closes at or above the Initial Underlier Value on a Call Observation Date, in which case investors receive principal plus the Contingent Coupon and any unpaid contingent coupons. At maturity, if not called, investors receive principal in cash if the Final Underlier Value is at or above the Buffer Value; if below the Buffer Value they receive a fixed share delivery amount of 113.2246 shares per $10,000 principal (fractional shares in cash), which may be worth less than principal. The issuer’s initial estimated value is stated as between $9,290 and $9,790 per $10,000 and will be less than the public offering price.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the VanEck® Semiconductor ETF (SMH) and the SPDR® S&P® Oil & Gas E&P ETF (XOP). The notes have an Issue Date of March 10, 2026, a Valuation Date of March 5, 2029, and a Maturity Date of March 8, 2029. If payable, the Contingent Coupon is $39.375 per $1,000 each quarter (an annualized 15.75%). The Coupon Threshold and Barrier for each Underlier equal 60% of its Initial Underlier Value. The public offering price is $1,000 per $1,000 principal amount; the issuer’s initial estimated value is $963.59 per $1,000. At maturity, if the Least Performing Underlier is below its Barrier, principal is reduced pro rata by the Underlier Return and investors can lose a substantial portion or all principal. All payments are subject to the Bank’s credit risk.

Royal Bank of Canada is offering $1,186,000 aggregate principal amount of Auto-Callable Contingent Coupon Barrier Notes linked to the Solactive Equal Weight U.S. Semi Conductor Select AR Index, due March 9, 2028. The notes pay contingent quarterly coupons of $26.25 per $1,000 when the index is at or above a coupon threshold (70% of the Initial Underlier Value) and are automatically called if the index is at or above the Initial Underlier Value on a Call Observation Date.

If not called, at maturity investors receive either full principal if the Final Underlier Value is at or above the 65% barrier, or a principal repayment reduced pro rata by the Underlier Return if the Final Underlier Value is below the barrier; all payments are subject to RBC credit risk. The initial estimated value is $954.10 per $1,000, below the public offering price.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500. The Notes are offered at 100.00% of par with underwriting discounts of 0.70%, proceeds to the issuer of 99.30%. Trade Date is March 13, 2026, Issue Date March 18, 2026, Valuation Date March 13, 2028, and Maturity Date March 16, 2028. If not called, Contingent Coupons pay $29.375 per $1,000 (an annualized 11.75%) on quarterly conditions; automatic early call occurs if all underliers close at or above their Initial Underlier Values on a Call Observation Date. At maturity, if the Least Performing Underlier is below its Barrier (set at 70% of its Initial Underlier Value), principal is reduced pro rata by the Underlier Return, potentially causing substantial or complete loss of principal.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500. The notes have a Trade Date of March 13, 2026, an Issue Date of March 18, 2026 and a Maturity Date of March 18, 2031.

Investors may receive a quarterly Contingent Coupon of $29.25 per $1,000 (11.70% per annum) if each underlier meets its 70% Coupon Threshold on observation dates. The notes are auto-callable on specified quarterly Call Observation Dates if all three underliers are at or above their Initial Underlier Values; otherwise repayment at maturity depends on the Final Underlier Value of the least performing underlier and is subject to the issuer's credit risk.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing common stock of Blackstone Inc. and Microsoft Corporation. The Notes are sold at $1,000 per $1,000 principal amount (100.00%), with underwriting discounts of 0.40% and expected proceeds to the issuer of 99.60%. The initial estimated value is stated as between $924.00 and $974.00 per $1,000 principal amount.

The Notes pay a contingent quarterly coupon of $42.875 per $1,000 (equivalent to 4.2875% per quarter; 17.15% per annum) when both Underliers meet coupon thresholds. The Notes are callable beginning on the Call Observation Date on March 5, 2027, mature on March 9, 2028, and are subject to loss of principal if the Least Performing Underlier closes below its Barrier (60% of Initial Underlier Value) on the Valuation Date.

Royal Bank of Canada is offering Auto-Callable Enhanced Return Geared Buffer Notes linked to an equally weighted basket of BAC, COF, MS and WFC. The Notes are sold at 100% of principal (certain fiduciary accounts pay $985 per $1,000) with placement agents receiving a 1.50% fee; the issuer’s initial estimated value is stated as between $930.00 and $980.00 per $1,000.

The Notes have a Trade Date of March 6, 2026, Issue Date March 11, 2026, a Call Observation Date of March 18, 2027 (Call Settlement Date March 23, 2027) and Maturity Date March 9, 2028. If auto-called on the Call Observation Date because the Basket is >= its Initial Basket Value, holders receive $1,180 per $1,000. If not called, maturity payments depend on the Final Basket Value: a 125% Participation Rate, a 15% Buffer and a downside multiplier of 100%/85% (~1.17647) apply; principal can be partially or fully lost at maturity.

Royal Bank of Canada is offering STEP Income Securities linked to the common stock of Freeport-McMoRan Inc. (NYSE: FCX) due April 2027 that pay 15.00% annual interest quarterly and include a conditional Step Payment of $0.10 to $0.50 per unit. The notes have a $10 principal amount per unit, approximately one-year term, 1-to-1 downside exposure to the Market Measure, and are unsecured obligations subject to RBC credit risk.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of Caterpillar Inc. The Notes pay a contingent quarterly coupon of $26.175 per $1,000 if observation conditions are met and are callable quarterly if the Underlier is at or above the Initial Underlier Value.

Key terms include an Initial Underlier Value of $710.23, a Barrier and Coupon Threshold equal to 50% of that value (listed as $355.12), a Trade Date of March 6, 2026, Issue Date March 11, 2026, Valuation Date March 18, 2027, and Maturity Date March 23, 2027. The initial estimated value is stated as between $933.00 and $983.00 per $1,000, below the public offering price of 100%. If the Final Underlier Value is below the Barrier at maturity, principal is reduced pro rata by the Underlier Return.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500. The Trade Date is March 6, 2026, Issue Date March 11, 2026, and Maturity Date March 9, 2029. The notes pay a quarterly contingent coupon of at least $30.625 per $1,000 principal (at least 12.25% per annum) when all Underliers meet the Coupon Threshold on observation dates, and are auto-called if all Underliers are at or above their Initial Underlier Values on a Call Observation Date. The Barrier is 80% of each Initial Underlier Value; if the Final Underlier Value of the Least Performing Underlier is below that Barrier, principal at maturity is reduced proportionally to the Underlier Return. All payments are subject to Royal Bank of Canada credit risk; the initial estimated value is stated to be below the public offering price.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of Amazon.com, Inc. (the Underlier). The notes pay contingent quarterly coupons (at least $31.25 per $1,000, or 12.50% per annum annualized if payable), are callable quarterly if the Underlier closes at or above its initial value, and mature in March 2029. If not called, principal at maturity depends on the Final Underlier Value versus a 70% barrier; if below the barrier, investors suffer loss equal to the Underlier Return. The initial estimated value is expected to be between $917.50 and $967.50 per $1,000, below the public offering price. All payments are subject to RBC credit risk and significant tax and market risks described in the supplement.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes with Memory Coupon linked to the Bloomberg US Small Cap VolMax Index. The Notes pay a quarterly Contingent Coupon of $26.00 per $1,000 (10.40% annualized if paid) and are callable quarterly beginning on March 5, 2027. The Notes mature on March 10, 2031, repay principal at maturity only if the Final Underlier Value is at or above a 60% Barrier (677.57 based on the Initial Underlier Value of 1,129.28). If the Final Underlier Value is below the Barrier, investors suffer downside equal to the Underlier Return; the product is unsecured and subject to Royal Bank of Canada credit risk.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the lesser performing of the VanEck® Semiconductor ETF and the EURO STOXX® Banks Index. The notes pay a contingent quarterly coupon of $45.25 per $1,000 principal (a 4.525% quarterly rate, 18.10% annualized) when each Underlier meets its coupon threshold. The notes have a Strike Date: March 5, 2026, Issue Date: March 11, 2026, Valuation Date: March 5, 2029 and Maturity Date: March 8, 2029. Each Underlier’s Coupon Threshold and Barrier Value equal 65% of its Initial Underlier Value. If a Call Observation Date shows both Underliers at or above their Initial Underlier Values, the notes will be automatically called and holders receive par plus the contingent coupon otherwise due. If not called, principal repayment at maturity depends on the Least Performing Underlier: holders receive par if its Final Underlier Value is at or above the Barrier, but will lose a proportionate amount of principal if it is below the Barrier, potentially losing all principal. All payments are subject to Royal Bank of Canada credit risk.

The Royal Bank of Canada is offering Auto-Callable Enhanced Return Buffer Notes tied to an equally weighted basket of five financial stocks: American Express, Goldman Sachs, LPL Financial, Morgan Stanley and Charles Schwab. The notes have a Trade Date of March 18, 2026, Issue Date March 23, 2026, Valuation Date March 20, 2028 and Maturity Date March 23, 2028.

The notes are automatically called if the Basket on the Call Observation Date (March 25, 2027) is at or above the Initial Basket Value; an automatic call would pay $1,165 per $1,000 principal (116.50%). If not called, the Participation Rate is 151.50%; there is a 10% buffer (Buffer Value = 90) so investors receive full principal at maturity if the Final Basket Value is between 90 and 100. The initial estimated value is expected between $930 and $980 per $1,000, below the public offering price of par; underwriting discount is 1.00%. All payments are subject to RBC credit risk and the pricing supplement highlights material risks and tax considerations.

Royal Bank of Canada offers redeemable fixed rate senior notes with an annual interest rate of 5.00%, scheduled to be issued on March 19, 2026 and to mature on March 19, 2038. Payments are annual on March 19, beginning March 19, 2027. The issuer may redeem the Notes in whole on any Call Date beginning March 19, 2028 with at least 10 business days' prior written notice. Purchase prices may range from $975.00 to $1,000.00 per $1,000 principal; underwriting concessions up to $25.00 per $1,000 may apply. The Notes are subject to Canadian bail-in powers under the CDIC Act and all payments are subject to Royal Bank of Canada's credit risk.

Royal Bank of Canada offers Redeemable Fixed Rate Notes due March 19, 2029. The Notes carry a 4.05% fixed interest rate payable semiannually, issue date March 19, 2026, and a purchase price range of $987.50 to $1,000.00 per $1,000 principal amount.

The issuer may redeem the Notes in whole on any Call Date beginning with the Interest Payment Date on March 19, 2027. The Notes are bail-inable under Canadian law and will be subject to the CDIC Act conversion provisions described in this pricing supplement. All payments are subject to the Bank's credit risk.

Royal Bank of Canada offers Auto-Callable Contingent Coupon Barrier Notes linked to Capital One Financial common stock. The Notes price at 100.00% of par with underwriting discounts of 1.50%. Trade Date is March 13, 2026, Issue Date March 18, 2026, Valuation Date April 13, 2027 and Maturity Date April 16, 2027. The Contingent Coupon, if payable, equals $10.958 per $1,000 (a stated 13.15% per annum). The Barrier and Coupon Threshold are 68.81% of the Initial Underlier Value. If not called and the Final Underlier Value is below the Barrier, principal repayment is reduced pro rata by the Underlier Return; if called earlier, investors receive par plus any contingent coupon then due.

Royal Bank of Canada is offering two senior unsecured Trigger Autocallable Contingent Yield Notes linked separately to the common stock of Boston Scientific (BSX) and General Electric (GE). Each Note has a $10 principal amount, a 9.00% per annum contingent coupon, is callable quarterly beginning six months after the Trade Date, and matures on March 9, 2029. The Coupon Barrier and Downside Threshold will be set on the Trade Date as percentages of the Initial Underlying Value (BSX: 59.25%–64.25%; GE: 54.40%–59.40%). If not called and the Final Underlying Value is below the Downside Threshold, repayment at maturity will be reduced proportionately to the negative Underlying Return, potentially resulting in up to 100% principal loss. Initial estimated values are provided as ranges below the $10 offering price. The Notes are unsecured obligations of the Bank and payments are subject to the Bank’s creditworthiness.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the VanEck Semiconductor ETF (SMH) and the SPDR S&P Oil & Gas E&P ETF (XOP). The public offering price is 100% of principal ($1,000 per Note) with underwriting discounts of 1.00% and proceeds to the Bank of 99.00%. Key dates: Strike Date: March 4, 2026, Trade Date: March 5, 2026, Issue Date: March 10, 2026, Valuation Date: March 5, 2029, Maturity Date: March 8, 2029. Contingent Coupon: $39.375 per $1,000 if each Underlier meets its quarterly Coupon Threshold (3.9375% per quarter; 15.75% per annum). The Notes are automatically called if on a Call Observation Date both Underliers are at or above their Initial Underlier Values; holders then receive principal plus the Contingent Coupon otherwise due. At maturity, if not called, full principal is returned only if the Least Performing Underlier is at or above its Barrier (60% of Initial Underlier Value); if below, investors receive $1,000 × Underlier Return, which can result in substantial loss of principal. All payments are subject to Royal Bank of Canada credit risk. The initial estimated value is expected to be between $900.00 and $950.00 per $1,000 principal amount and will be less than the public offering price.

Royal Bank of Canada offers Auto-Callable Contingent Coupon Barrier Notes linked to Netflix, Inc. common stock. The Notes have a Trade Date of March 13, 2026, Issue Date March 18, 2026, Valuation Date April 13, 2027 and Maturity Date April 16, 2027. If not auto-called, monthly Contingent Coupons of $11.833 per $1,000 (1.1833% monthly; 14.20% per annum) may be paid when the Underlier meets the Coupon Threshold. Notes will be automatically called if the Underlier closing value on a Call Observation Date is greater than or equal to the Initial Underlier Value; called payments include principal plus the otherwise due Contingent Coupon. At maturity, if the Final Underlier Value is below the Barrier (68.78% of initial), repayment is reduced pro rata by the Underlier Return; principal can be substantially or fully lost. All payments are subject to Royal Bank of Canada credit risk.

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 March 3, 2026, an Issue Date of March 6, 2026, a Valuation Date of March 3, 2031 and a Maturity Date of March 6, 2031.

The Notes pay a monthly contingent coupon of $15.208 per $1,000 (an annualized 18.25%) when the Underlier equals or exceeds a Coupon Threshold of 70% of the Initial Underlier Value. The Notes are callable beginning on the twelfth monthly observation if the Underlier is at or above the Initial Underlier Value; if called, investors receive $1,000 plus the contingent coupon otherwise due. At maturity, if not called, holders receive $1,000 if the Final Underlier Value is at or above the Barrier Value (60% of the Initial Underlier Value), or a principal amount reduced pro rata by the Underlier Return if the Final Underlier Value is below the Barrier Value.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of Netflix, Inc. The notes trade on a Trade Date of March 13, 2026, with an Issue Date of March 18, 2026, a Valuation Date of April 13, 2027 and a Maturity Date of April 16, 2027.

The notes pay a monthly contingent coupon of $9.75 per $1,000 principal amount (an annualized 11.70% if paid), are callable beginning on the sixth monthly observation, and use a Coupon Threshold and Barrier Value equal to 68.78% of the Initial Underlier Value. The initial estimated value is stated as between $925.00 and $975.00 per $1,000, while the public offering price is $1,000 per $1,000.

If the Final Underlier Value is below the Barrier Value at maturity, payments can be less than principal, potentially resulting in a substantial or total loss of principal. Underwriting discounts total 1.50%, with selling concessions and referral fees described in the cover disclosures.

Royal Bank of Canada is offering $750,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of two ETFs, due March 7, 2029. The notes pay a contingent quarterly coupon of $43.125 per $1,000 (17.25% per annum) when both underliers meet a 65% coupon threshold; they are auto-called if, on a Call Observation Date, both underliers close at or above their Initial Underlier Values. At maturity, if not called, investors receive principal back if the least performing underlier is at or above its 65% barrier; otherwise principal is reduced pro rata by the underlier return. The initial estimated value is $975.39 per $1,000 and the public offering price is $1,000 per $1,000.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the S&P 500® Index. The offering shows a price to public of 100.00% (total $1,000,000), underwriting discount 1.00% ($10,000) and proceeds to the Bank of 99.00% ($990,000).

The Notes have a Contingent Coupon of $22.50 per $1,000, a Coupon/Barrier set at 79.92% of the Initial Underlier Value, Strike Date March 2, 2026, Trade Date March 3, 2026, Issue Date March 6, 2026, Valuation Date March 15, 2027 and Maturity Date March 18, 2027. If not called, principal repayment depends on the Final Underlier Value versus the Barrier; a Final Underlier Value below the Barrier can result in substantial or total loss of principal.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of Capital One Financial Corporation. The Notes are sold in $1,000 minimum denominations with a public offering price of 100.00% (underwriting discount 1.00%). Trade Date is March 13, 2026, Issue Date March 18, 2026, Valuation Date April 13, 2027 and Maturity Date April 16, 2027.

Coupons are contingent: if payable, investors receive $13.125 per $1,000 (monthly rate 1.3125%, annualized 15.75%) when the Underlier’s closing value meets or exceeds the Coupon Threshold. The Coupon Threshold and Barrier Value equal 68.81% of the Initial Underlier Value. The Notes are auto-callable beginning on the Call Observation Date of September 14, 2026 if the Underlier closes at or above the Initial Underlier Value; called Notes pay principal plus the contingent coupon then due. If not called and the Final Underlier Value is below the Barrier, maturity payment can be less than principal, producing significant loss. All payments are subject to Royal Bank of Canada credit risk. The initial estimated value is stated between $932.00 and $982.00 per $1,000, below the public offering price.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500. The Trade Date is March 16, 2026, Issue Date March 19, 2026, Valuation Date March 16, 2029 and Maturity Date March 21, 2029.

If not called earlier, the Notes pay a Contingent Coupon of $30.00 per $1,000 principal (3.00% per quarter; 12.00% per annum) on each quarterly Coupon Payment Date only if each Underlier is at or above its Coupon Threshold (the Barrier is 70% of the Initial Underlier Value). The Notes are automatically called on a Call Settlement Date if all three Underliers are at or above their Initial Underlier Values on a Call Observation Date; called holders receive $1,000 plus the Contingent Coupon otherwise due.

At maturity, if the Final Underlier Value of the Least Performing Underlier is below the Barrier, principal is reduced pro rata (example: a -50% return of the Least Performing Underlier produces a $500.00 payment per $1,000). The initial estimated value is stated between $922.00 and $972.00 per $1,000, below the public offering price (100.00%) and subject to issuer credit risk and other disclosed risks.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Russell 2000 Index, the XLK ETF and the XLU ETF. The public offering price is 100.00% with underwriting discounts of 1.00% and proceeds to the issuer of 99.00%. The Trade Date is March 12, 2026, Issue Date March 17, 2026, Valuation Date March 12, 2029 and Maturity Date March 15, 2029. Investors may receive a monthly Contingent Coupon of $9.583 per $1,000 (annualized 11.50%) only if each Underlier is at or above a Coupon Threshold of 70% of its Initial Underlier Value on observation dates. The Notes are callable beginning on the sixth monthly observation (first Call Observation Date September 14, 2026) if all Underliers close at or above their Initial Underlier Values. At maturity, if the Least Performing Underlier is below its Barrier Value (60% of initial), principal is reduced pro rata by the Underlier Return; investors could lose a substantial portion or all principal. All payments are subject to Royal Bank of Canada credit risk.

Royal Bank of Canada is offering Auto-Callable Fixed Coupon Barrier Notes linked to the least performing common stock of Broadcom Inc. and NVIDIA Corporation. The Notes pay a Fixed Coupon of 11.00% per annum and may be automatically called on quarterly Call Observation Dates.

The Trade Date is March 11, 2026, Issue Date March 16, 2026, Valuation Date March 12, 2029 and Maturity Date March 15, 2029. The Barrier Value for each Underlier is 50% of its Initial Underlier Value; if the Least Performing Underlier is below the Barrier at maturity, investors receive a physical delivery of shares (or cash for fractional shares) that could be worth significantly less than principal. The initial estimated value is stated as between $885.00 and $935.00 per $1,000 principal amount, compared with a public offering price of 100.00%. The underwriting discount is 2.50%.

Royal Bank of Canada is offering Dual Directional Buffer Digital Notes linked to the S&P 500® Index due April 23, 2027. The Notes pay per $1,000 principal: a 7.40% Digital Return if the Final Underlier Value is at or above the Digital Barrier (92.60% of the Initial Underlier Value); a positive payment equal to the absolute Underlier Return if the Final Underlier Value falls between the Digital Barrier and the Buffer (86% of the Initial Underlier Value), capped at 14%; and a loss calculated as $1,000×(Underlier Return + 14%) if the Final Underlier Value is below the Buffer. Trade Date is March 20, 2026, Issue Date March 25, 2026, Valuation Date April 20, 2027. The public offering price is $1,000 per $1,000 principal amount with underwriting discounts of 1.00%; the issuer expects the initial estimated value to be between $939.00 and $989.00 per $1,000.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the Bloomberg US Large Cap VolMax Index. The Notes pay a contingent monthly coupon of $13.958 per $1,000 principal (equivalent to 16.75% per annum) when the Underlier is at or above a Coupon Threshold of 80% of the Initial Underlier Value and are auto-called if the Underlier is at or above the Initial Underlier Value on a Call Observation Date. Trade Date is March 24, 2026, Issue Date is March 27, 2026, Valuation Date is March 24, 2031, and Maturity Date is March 27, 2031. At maturity investors receive $1,000 if the Final Underlier Value is at or above the Barrier Value ( 60% of the Initial Underlier Value); if below the Barrier Value, investors receive $1,000 adjusted by the Underlier Return and may lose a substantial portion or all of principal. Initial estimated value is expected between $911 and $961 per $1,000 principal; public offering price equals par less a 0.75% underwriting discount. All payments are subject to the issuer's credit risk and other risks described in the supplement.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to three ETFs. The Notes pay a monthly contingent coupon (at least $15.00 per $1,000, equivalent to at least 18.00% per annum if payable), can be automatically called on quarterly observation dates, and mature on March 16, 2029. If not called, investors receive principal at maturity unless the Least Performing Underlier is below its Barrier Value (60% of its initial value), in which case principal is reduced pro rata by the Underlier Return. Trade Date is March 13, 2026 and Issue Date is March 18, 2026. The initial estimated value is expected between $877.00 and $927.00 per $1,000 and the public offering price is par.

Royal Bank of Canada is offering $750,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the VanEck Semiconductor ETF and the SPDR S&P Oil & Gas Exploration & Production ETF, maturing March 2, 2029.

The notes pay quarterly contingent coupons of $41.875 per $1,000 (a 16.75% annualized rate if payable each quarter), are callable quarterly if both underliers close at or above their initial values, and expose investors to loss of principal if the least performing underlier finishes below its 65% barrier on the February 27, 2029 valuation date.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes with Memory Coupon linked to the least performing of Apple Inc., Lockheed Martin and Tesla. The Trade Date is March 11, 2026, Issue Date March 16, 2026, Valuation Date March 12, 2029 and Maturity Date March 15, 2029. The Contingent Coupon, if payable, is $38.125 per $1,000 principal (a quarterly rate of 3.8125%, annualized 15.25%). The Notes may be automatically called if, on a Call Observation Date, each Underlier is at or above its Initial Underlier Value; the Barrier and Coupon Threshold are each 50% of the Initial Underlier Value. Initial estimated value is stated as between $898.00 and $948.00 per $1,000 principal; public offering price is 100% with underwriting discounts of 1.5%.

Royal Bank of Canada is offering $630,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500. Trade Date is March 2, 2026, Issue Date March 5, 2026, Valuation Date September 2, 2027 and Maturity Date September 8, 2027. The notes pay a Contingent Coupon of $27.50 per $1,000 if each underlier meets quarterly thresholds, corresponding to 11.00% per annum when payable. Each underlier’s Barrier and Coupon Threshold is 70% of its Initial Underlier Value. The notes are auto‑callable if, on a Call Observation Date, every underlier is at or above its Initial Underlier Value; if not called, maturity payoff depends on the least performing underlier and can result in substantial principal loss. The issuer’s initial estimated value was $982.79 per $1,000, below the offering price.

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® Index and the S&P 500® Index. The Notes have a Trade Date of March 17, 2026, an Issue Date of March 20, 2026, a Valuation Date of March 19, 2029 and a Maturity Date of March 22, 2029.

Investors may receive a Contingent Coupon of $27.50 per $1,000 (equivalent to 11.00% per annum) on scheduled coupon dates when each Underlier is at or above its Coupon Threshold of 70% of its Initial Underlier Value. The Notes are auto-callable if, on a Call Observation Date, each Underlier is at or above its Initial Underlier Value; called investors receive principal plus the Contingent Coupon then due. At maturity, if not called, repayment depends on the Least Performing Underlier relative to its Barrier Value of 60% of its Initial Underlier Value and could result in substantial loss of principal. All payments are subject to the Bank's credit risk.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the Solactive Equal Weight U.S. Semi Conductor Select AR Index. The Notes pay a Contingent Coupon of $10.00 per $1,000 (a 1.00% monthly / 12.00% annual rate) when the Underlier is at or above the Coupon Threshold (set at 75% of the Initial Underlier Value).

The Trade Date is March 26, 2026, Issue Date March 31, 2026, Valuation Date September 26, 2028 and Maturity Date September 29, 2028. The Notes are auto-callable if the Underlier is at or above the Initial Underlier Value on a Call Observation Date; called investors receive par plus any Contingent Coupon then due. At maturity, if not called, full principal is repaid only if the Final Underlier Value is at or above the Barrier Value (set at 70% of the Initial Underlier Value); if below the Barrier Value, repayment equals $1,000 plus the Underlier Return, which can result in a substantial loss of principal. The initial estimated value is expected between $892.50 and $942.50 per $1,000; underwriting discounts are 2.25% with selling concessions and referral fees up to $22.50 and $5.00 per $1,000, respectively.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the Solactive Equal Weight U.S. Semi Conductor Select AR Index. The Trade Date is March 31, 2026, the Issue Date is April 6, 2026, the Valuation Date is September 29, 2028 and the Maturity Date is October 4, 2028. Each $1,000 principal amount pays a contingent monthly coupon of $12.083 (equivalent to 14.50% per annum) when the Underlier is at or above the Coupon Threshold (set at 75% of the Initial Underlier Value). The Barrier Value is 70% of the Initial Underlier Value. If not called, maturity payment is $1,000 if the Final Underlier Value is at or above the Barrier Value; otherwise payment equals $1,000 × (1 + Underlier Return), exposing investors to potential substantial principal loss. All payments are subject to RBC credit risk and additional terms, fees, and potential withholding described herein.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the Nasdaq-100, Russell 2000 and S&P 500. The Notes are offered at 100.00% of principal (public offering price) with an underwriting discount of 1.00% and expected proceeds to the Bank of 99.00%. The Trade Date is March 6, 2026, Issue Date is March 11, 2026 and Maturity Date is March 11, 2030. The Notes pay a quarterly Contingent Coupon of $25.875 per $1,000 principal (a stated annualized rate of 10.35%) only if each Underlier is at or above its Coupon Threshold (70% of initial) on the applicable observation date. The initial estimated value is expected to be between $918.00 and $968.00 per $1,000. The Notes are automatically called if, on a Call Observation Date, each Underlier is at or above its Initial Underlier Value; otherwise payoff at maturity depends on the Final Value of the least performing Underlier relative to a Barrier (60% of initial). If the least performing Underlier is below its Barrier at maturity, principal can be partially or wholly lost. All payments are subject to Royal Bank of Canada credit risk.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Dow Jones Industrial Average, the Nikkei 225 and the EURO STOXX 50. The Trade Date is March 9, 2026, Issue Date March 12, 2026, Valuation Date September 9, 2027 and Maturity Date September 14, 2027.

The notes pay a monthly contingent coupon of $8.542 per $1,000 (a stated 10.25% per annum) when each underlier is at or above a monthly coupon threshold. The Barrier and Coupon Threshold equal 70% of each Initial Underlier Value. If not called, final payment returns $1,000 if the least performing underlier is at or above its Barrier; otherwise principal is reduced pro rata by the least performing underlier's percentage decline. All payments are subject to Royal Bank of Canada credit risk and the notes are not insured by deposit insurance.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to three ETFs. The Notes have a Trade Date of March 13, 2026, Issue Date March 18, 2026, Valuation Date March 13, 2029 and Maturity Date March 16, 2029. The Contingent Coupon, if payable, is at least $13.125 per $1,000 principal amount (at least 15.75% per annum). Coupons are monthly and the Notes are automatically called if, on a Call Observation Date, each Underlier closes at or above its Initial Underlier Value; called investors receive principal plus the Contingent Coupon otherwise due. At maturity, if the Final Underlier Value of the Least Performing Underlier is below its Barrier Value (60% of initial), principal is reduced pro rata by the Underlier Return; investors may lose a substantial portion or all of principal. All payments are subject to the issuer's credit risk.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500.

The Notes are offered at 100.00% of principal with underwriting discounts of 3.25% and proceeds to the Bank of 96.75%. The Trade Date is March 18, 2026, Issue Date March 23, 2026, Valuation Date March 18, 2030 and Maturity Date March 21, 2030. If not called, Contingent Coupons of $6.042 per $1,000 (annualized 7.25%) may pay monthly when each Underlier is >= its Coupon Threshold (70% of initial). At maturity investors receive principal if the least performing Underlier is >= its Barrier (60%); otherwise payment falls proportionally to that Underlier Return. The initial estimated value is expected between $900.00 and $950.00 per $1,000.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the iShares MSCI EAFE ETF, the Nasdaq-100 Index and the Russell 2000 Index. The offering totals $8,500,000 at 100.00% of par.

The Notes pay a Contingent Coupon of $31.00 per $1,000 (a 3.10% quarterly rate; 12.40% annualized) when each Underlier is at or above its Coupon Threshold (70% of the Initial Underlier Value) on the relevant observation dates. The Notes are automatically called if, on a Call Observation Date, every Underlier is at or above its Initial Underlier Value; called investors receive par plus the then-due Contingent Coupon.

At maturity (if not called), repayment depends on the Least Performing Underlier: if that Underlier is at or above its Barrier Value (65% of Initial Underlier Value) investors receive $1,000; if below the Barrier, investors receive $1,000 × (1 + Underlier Return), risking substantial or total loss of principal. The initial estimated value was $992.29 per $1,000, which is less than the public offering price. All payments are subject to the issuer's credit risk and terms are subject to postponement.

Royal Bank of Canada is offering three separate Capped Enhanced Return Buffer Notes, each linked to a different equity index.

The offerings reference the Nasdaq-100 (NDX), Russell 2000 (RTY) and S&P 500 (SPX) underliers with public offering principals of $282,000, $160,000 and $1,750,000, respectively. Trade Date is February 27, 2026, Issue Date March 4, 2026, Valuation Date February 28, 2028 and Maturity Date March 2, 2028.

Key economic terms include a 150% Participation Rate (capped by the offering-specific Maximum Return), a 10% Buffer and specified Maximum Returns of 24% (NDX), 27% (RTY) and 20.50% (SPX). Payments at maturity vary by final index performance and are subject to the Bank’s credit risk.

Royal Bank of Canada is offering $1,415,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of Devon Energy Corporation (DVN). The Trade Date is February 27, 2026, Issue Date March 4, 2026, Valuation Date February 28, 2028, and Maturity Date March 2, 2028. Each note has an Initial Underlier Value of $43.53, a Barrier and Coupon Threshold equal to 60% of that value ($26.12), and a Physical Delivery Amount of 22.9727 shares per $1,000 principal.

If not called, investors may receive a quarterly Contingent Coupon of $29.125 per $1,000 (a rate of 2.9125% per quarter or 11.65% per annum) only when the Underlier meets the Coupon Threshold on the prior observation date. If the Notes are not called and the Final Underlier Value is below the Barrier, holders receive the Physical Delivery Amount in shares (which could be worth substantially less than principal). The initial estimated value on the Trade Date was $972.52 per $1,000; public offering price is par. Underwriting discount is 1.75% ($24,762.50), with proceeds to the Bank of $1,390,237.50.

Royal Bank of Canada priced a market-linked, auto-callable senior note series due March 2, 2028 linked to the lowest performing of AMZN, EMR and MSFT. The securities have a face amount of $1,000 per security, an original offering price of $1,000, an initial estimated value of $966.29, and a contingent coupon rate of 13.90% per annum.

Quarterly contingent coupons are payable only if the lowest-performing underlying equals or exceeds its coupon threshold (60% of the starting value). The notes may be automatically called on specified quarterly observation dates starting in August 2026. If not called, principal at maturity depends on the lowest-performing underlying: full face amount if that underlying is ≥60% of its starting value, but investors can lose over 40% (and possibly all) if it falls below 60%.