ROYAL BANK OF CANADA SEC Filings

Royal Bank of Canada is offering unsecured Auto-Callable Enhanced Return Barrier Notes linked to the Russell 2000® Index, maturing in March 2029. The notes are issued at 100% of principal, with underwriting discounts of 2.50% and proceeds to RBC of 97.50% of the principal amount.

If the index level on the March 2027 call observation date is at or above its initial value, the notes are automatically called for at least 110% of principal, ending the investment early. If held to maturity and not called, investors participate at 140% of any positive index return, receive principal back if the final index value is at or above 75% of the initial value, and suffer one-for-one losses if the index finishes below that barrier.

The initial estimated value is expected to be between $917 and $967 per $1,000 principal, reflecting hedging costs, discounts and RBC’s internal funding rate. The notes are not insured, are not bail-inable, may have limited or illiquid secondary trading and expose holders to both market risk on the Russell 2000® and RBC’s credit risk.

Royal Bank of Canada is offering auto-callable contingent coupon barrier notes linked to the Class A common stock of Robinhood Markets, Inc. (HOOD). Each note is issued at 100% of principal, with a minimum investment of $1,000.

The initial Underlier value is $87.07, and both the coupon threshold and barrier are set at $43.54, equal to 50% of the initial value. If on a quarterly coupon observation date HOOD closes at or above the threshold and the notes have not been called, investors receive a contingent coupon of $51.875 per $1,000 (5.1875% per quarter, 20.75% per year), with a memory feature for previously missed coupons.

The notes are auto-callable quarterly starting August 3, 2026 if HOOD is at or above the initial value, in which case investors receive $1,000 plus the due coupon and any unpaid coupons. If not called, at maturity investors receive $1,000 per note if the final HOOD value is at or above the barrier; otherwise the payoff is $1,000 plus $1,000 × Underlier return, exposing them to one-for-one downside below the barrier and potential loss of most or all principal. The initial estimated value is expected between $925 and $975 per $1,000. The notes are unsecured debt of RBC, not insured by Canadian or U.S. deposit insurers and involve complex tax and market risks.

Royal Bank of Canada is issuing senior unsecured notes linked to the S&P 500 Index, maturing on February 12, 2027. The notes pay no interest and are denominated in $1,000 increments, with an aggregate principal amount of $3,477,000 initially.

At maturity, each $1,000 note pays a cash amount based on index performance from February 2, 2026 to February 10, 2027. If the final S&P 500 level is at least 90% of the initial level of 6,976.44, investors receive a fixed $1,080.10, capping the return at 8.010%. If the index closes below 90% of its initial level, repayment is reduced so that holders lose about 1.1111% of principal for every 1% the index falls below the threshold, and they could lose their entire investment.

The notes are not listed, are not redeemable before maturity, and carry RBC’s credit risk. The initial estimated value is $988.20 per $1,000 note, below the 100% issue price, reflecting underwriting discounts, hedging costs, and RBC’s internal funding rate.

Royal Bank of Canada is offering senior unsecured notes linked to the S&P 500® Index. The notes run about 16–18 months, pay no interest, and repay at maturity based on index performance between the trade and determination dates.

For each $1,000 note, investors get 160% of any positive index gain, but returns are capped by a maximum settlement amount expected between $1,141.60 and $1,166.56. A 10% buffer protects principal if the index falls slightly, but below 90% of the initial level principal losses increase about 1.1111% for every additional 1% decline, up to a total loss.

The initial estimated value is expected between $965.50 and $995.50 per $1,000, below the issue price, reflecting RBC’s funding and hedging costs. The notes are not listed, may have limited liquidity, and expose holders to RBC credit risk and complex U.S. tax treatment.

Royal Bank of Canada is offering $2,600,000 of Enhanced Return Buffer Notes linked to the EURO STOXX 50® Index, maturing in February 2031. The notes provide 170% participation in any positive index return and a 20% downside buffer, so principal is protected only as long as the index does not fall more than 20% from its initial level of 6,007.51.

Below that 80% buffer level, investors lose principal in line with further index declines. The notes are unsecured RBC debt, not insured deposits or bail-inable instruments, and all payments depend on RBC’s credit. The initial estimated value is $983.85 per $1,000, less than the public offering price, reflecting dealer compensation and hedging costs.

Royal Bank of Canada is issuing auto-callable contingent coupon barrier notes tied to the worst performer of the EURO STOXX Banks Index and the SPDR S&P Oil & Gas Exploration & Production ETF. The notes total $750,000 in principal, sold at 100% of face value with 1% in underwriting discounts.

Investors may receive quarterly contingent coupons of $45.25 per $1,000 (4.525% per quarter, 18.10% per year) when both underliers close at or above 75% of their initial values on observation dates. The notes auto-call if both underliers are at or above their initial levels, returning principal plus the coupon.

If not called, maturity payment depends on the least performing underlier. Full principal is repaid when its final value is at or above the 75% barrier, but principal is reduced one-for-one with any decline below the barrier, potentially to zero. The notes are unsecured RBC obligations, not insured deposits, with an initial estimated value of $972.72 per $1,000 that is below the public offering price. U.S. tax counsel views them as prepaid financial contracts with coupons taxed as ordinary income, but this treatment is uncertain.

Royal Bank of Canada is offering Auto-Callable Fixed Coupon Barrier Notes linked to the common stock of Broadcom Inc. (AVGO).

The notes pay a fixed coupon of $9.833 per $1,000 each month, equal to 0.9833% monthly or 11.80% per year, as long as they remain outstanding. Starting about six months after issuance, the notes are automatically called if AVGO’s closing value on a Call Observation Date is at or above its initial value, returning $1,000 plus that month’s coupon.

If the notes are not called, investors receive at maturity $1,000 per note plus the final coupon if the final AVGO value is at or above a barrier set at 56% of the initial value. If the final value is below the barrier, investors receive AVGO shares equal to the physical delivery amount instead of principal, which can mean large losses.

The initial estimated value is expected to range from $917 to $967 per $1,000, below the public offering price, reflecting fees, hedging costs and RBC’s internal funding rate. The notes carry RBC credit risk, limited liquidity, and complex U.S. tax treatment, including potential withholding issues for non‑U.S. holders.

Royal Bank of Canada is offering issuer callable contingent coupon barrier notes linked to the common stock of Tesla, Inc. The notes are issued at 100% of principal, with proceeds to RBC of 99.75% after a 0.25% underwriting discount per $1,000 note.

The notes pay a contingent coupon of $12.667 per $1,000 (1.2667% monthly, 15.20% per year) on scheduled payment dates if Tesla’s closing value on the prior observation date is at or above a coupon threshold set at 50% of the initial underlier value. RBC may call the notes quarterly, starting about six months after issuance, paying $1,000 plus any due coupon, with no further payments.

If not called, at maturity in February 2028 investors receive $1,000 per $1,000 note if Tesla’s final value is at or above the 50% barrier. If Tesla finishes below the barrier, repayment is reduced in line with the underlier return, and investors can lose a substantial portion or all of principal. The initial estimated value will be between $928 and $978 per $1,000, below the public offering price, and the notes are subject to RBC’s credit risk and complex U.S. tax treatment.

Royal Bank of Canada is offering auto-callable contingent coupon barrier notes linked to the least performing of three ETFs: the SPDR S&P Regional Banking ETF (KRE), the VanEck Semiconductor ETF (SMH) and the Energy Select Sector SPDR ETF (XLE). Each note has a $1,000 minimum denomination and pays a monthly contingent coupon of at least $13.125 (at least 15.75% per year) only if, on the prior observation date, each ETF closes at or above 70% of its initial level. The notes can be automatically called quarterly starting about six months after issuance if all ETFs are at or above their initial levels, returning $1,000 plus the coupon then due. If not called, principal repayment at maturity depends on the worst ETF: investors receive $1,000 if its final level is at least 60% of its initial level, but suffer a one-for-one loss if it falls below that barrier, up to a total loss of principal. The price to the public is 100% of principal, with 1% underwriting discounts and 99% proceeds to RBC, and the initial estimated value is expected between $875 and $925 per $1,000. The notes are unsecured RBC debt, not insured or bail-inable, and involve complex market, liquidity and tax risks.