Royal Bank of Canada 424B Filings

Royal Bank of Canada is offering Dual Directional Buffer Digital Notes linked to the S&P 500Index, with a Trade Date of May 22, 2026 and an Issue Date of May 28, 2026. The notes pay a Digital Return of 7.50% if the Final Underlier Value is at or above a Digital Barrier equal to 92.50% of the Initial Underlier Value. If the Final Underlier Value falls below the Digital Barrier but remains at or above a Buffer equal to 86% of the Initial Underlier Value, investors receive a positive payment equal to the absolute value of the Underlier Return (capped at 14%). If the Final Underlier Value is below the Buffer, investors may lose some or a substantial portion of principal; the payoff formula in that scenario adds the 14% Buffer Percentage to the Underlier Return. All payments are subject to the issuers credit risk. The initial estimated value is stated as between $938.00 and $988.00 per $1,000 principal amount, which is less than the public offering price of par; the underwriting discount is 1.00% and proceeds to the issuer are 99.00%.

Royal Bank of Canada is offering Auto-Callable Enhanced Return Buffer Notes linked to Meta Platforms Class A common stock. The notes have a 150% Participation Rate, a 10% buffer and an automatic call that pays $1,185 per $1,000 if the Underlier closes at or above its initial value on the Call Observation Date. Trade Date is May 13, 2026, Issue Date May 18, 2026, Valuation Date May 14, 2029, and Maturity Date May 17, 2029. The issuer estimates an initial estimated value between $935.30 and $985.30 per $1,000; the public offering price is par.

Royal Bank of Canada is offering structured, non‑interest bearing notes linked to the MSCI EAFE® Index. Each note has a $1,000 principal amount and a 10.00% buffer (buffer level = 90.00% of the initial underlier level). If the final index level is at or above the buffer level, holders receive at least principal; below the buffer they incur losses proportional to the decline (approximately 1.1111% loss in principal for each 1% below the buffer). The notes feature an upside participation rate of 160% subject to a cap (cap level and maximum settlement amount to be set on the trade date), with the hypothetical maximum settlement amount shown between $1,171.84 and $1,202.08 per $1,000. The initial estimated value is expected to be between $963.50 and $993.50 per $1,000 and will be less than the original issue price. Payments depend on closing levels on specified dates; payments and timing may be adjusted for market disruptions and index changes, and all payments are subject to RBC’s credit risk.

Royal Bank of Canada is offering principal-protected-conditional structured notes linked to the MSCI EAFE® Index. Each note has a $1,000 principal amount and will not pay interest; payment at maturity depends on the index performance from the trade date to a determination date expected 23–26 months later. If the final index level is >= 87.50% of the initial level, holders receive a capped threshold settlement amount (expected between $1,152.50 and $1,179.30 per $1,000). If the final index level is below 87.50%, repayment is reduced pro rata and investors may lose most or all principal. The initial estimated value on the trade date is expected to be between $963.30 and $993.30 per $1,000 and will be less than the original issue price. Payments are unsecured obligations of the issuer and subject to credit risk.

Royal Bank of Canada priced a structured, principal-at-risk note linked to the STOXX® Europe 600 Index with an aggregate principal of $3,511,000 and a per-note principal amount of $1,000. The notes pay no interest and mature on May 14, 2027 (subject to adjustment); the cash payment at maturity depends on the index performance from the trade date (May 6, 2026) to the determination date (May 12, 2027). If the final index level is ≥ the 90.00% threshold (initial level 623.25), holders receive a capped threshold settlement amount of $1,079.50 per $1,000; if below the threshold, holders incur a pro rata loss of principal. The initial estimated value on the trade date was $990.05 per $1,000 and the original issue price was 100.00% with an underwriting discount of 0.88%.

Royal Bank of Canada is offering Capped Enhanced Return Buffer Notes linked to the MSCI EAFE® Index. The Notes pay 150% of positive index performance up to a Maximum Return of 23.10% and protect the first 10% of index losses (the Buffer). The Notes mature on November 12, 2027 with a Valuation Date of November 8, 2027. Trade Date is May 6, 2026 and Issue Date is May 11, 2026. The initial estimated value is $992.42 per $1,000 and the public offering price is par. All payments are subject to Royal Bank of Canada credit risk.

Royal Bank of Canada is offering Auto-Callable Enhanced Return Barrier Notes linked to the least performing share of Apple, Amazon and Alphabet.

The Notes have a Trade Date of May 15, 2026, an Issue Date of May 20, 2026 and a Maturity Date of May 18, 2029. If the Notes are automatically called after the Call Observation Date, investors would receive $1,450 per $1,000 principal amount on the Call Settlement Date. If not called, the payment at maturity depends on the Final Underlier Value of the least performing Underlier, with a Participation Rate of 200% for positive performance, a Barrier set at 60% of the Initial Underlier Value, and potential loss of principal if the Least Performing Underlier finishes below the Barrier. All payments are subject to Royal Bank of Canada credit risk and other terms in the referenced prospectus and product supplement.

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 Contingent Coupon of $9.167 per $1,000 (11.00% per annum) payable monthly if the Underlier meets the Coupon Threshold. The Trade Date is May 14, 2026, Issue Date May 19, 2026, Valuation Date May 14, 2031 and Maturity Date May 19, 2031. The Notes may be automatically called on monthly Call Observation Dates if the Underlier closes at or above the Initial Underlier Value; if not called, principal repayment at maturity depends on the Final Underlier Value relative to a Barrier Value equal to 50% of the Initial Underlier Value. The initial estimated value is expected to be between $900.00 and $950.00 per $1,000 while the public offering price is par. All payments are subject to Royal Bank of Canada credit risk and the Notes are not bank‑insured.

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 have a $1,000 principal amount per note, trade date May 15, 2026, issue date May 20, 2026, valuation date November 15, 2028 and maturity date November 20, 2028. Investors may receive a monthly contingent coupon of $12.708 per $1,000 (15.25% per annum) when the Underlier is at or above a 75% coupon threshold; the notes are auto-called if the Underlier is at or above its initial value on a call observation date. If not called, repayment at maturity depends on the Final Underlier Value relative to a 70% barrier, and investors can lose a substantial portion or all principal if the Final Underlier Value is below the barrier. The initial estimated value is expected between $900.00 and $950.00 per $1,000, below the public offering price.

Royal Bank of Canada is offering market‑linked, auto‑callable senior notes tied to NVIDIA Corporation with monthly contingent coupons and a one‑year stated maturity on May 21, 2027. The securities have a face amount of $1,000 per security and an initial estimated value expected between $921.00 and $971.00 per security.

The notes pay a monthly contingent coupon if the Underlying Stock closes at or above a coupon threshold (70% of the starting value), with the contingent coupon rate set on the pricing date at no less than 15.50% per annum. The notes are auto‑callable beginning on the sixth monthly calculation day; if not called, principal at maturity depends on the ending value relative to a 70% downside threshold, exposing holders to full downside below that level. Payments are subject to RBC credit risk and complex tax and liquidity considerations.

Royal Bank of Canada is offering Capped Enhanced Return Barrier Notes linked to the Solactive Equal Weight U.S. Semi Conductor Select Index. The notes pay up to a Maximum Return of 140% (maximum maturity payment of $2,400 per $1,000), provide a Participation Rate of 300%, and include a Barrier set at 75% of the Initial Underlier Value. Trade Date is May 14, 2026, Issue Date May 19, 2026, Valuation Date May 14, 2031, and Maturity Date May 19, 2031. The initial estimated value is stated as between $880.00 and $930.00 per $1,000, below the public offering price of par. All payments are subject to RBC credit risk and the notes are not FDIC- or CDIC-insured.

Royal Bank of Canada offers principal-protected-style structured notes linked to the S&P 500® Index via a pricing supplement that sets economic terms on the trade date. Each note has a $1,000 principal amount and pays no interest; maturity payment depends on the S&P 500 final level versus an 85.00% threshold.

If the final underlier level is ≥ the 85.00% threshold, holders receive a capped threshold settlement amount expected to be between $1,166.60 and $1,196.00 per $1,000. If below the threshold, losses apply pro rata (about 1.1765% loss of principal per 1% shortfall). The initial estimated value is expected to be $965.10–$995.10 per $1,000 and will be less than the original issue price. Payments are subject to RBC credit risk and various market/operational adjustments described in the supplement.

Royal Bank of Canada is offering a primary issuance of structured, senior unsecured notes linked to the EURO STOXX 50® Index, with an aggregate principal amount of $1,677,000 and $1,000 denominations. The notes do not bear interest and have a trade date of May 5, 2026, an original issue date of May 8, 2026, a determination date of June 16, 2027 and a stated maturity date of June 21, 2027.

Payment at maturity depends on the underlier return from an initial underlier level of 5,869.63. If the final underlier level is >= the threshold level (85.00% of the initial level), each $1,000 note pays a capped threshold settlement amount of $1,103.00. If the final underlier level is below the threshold, holders incur a proportional loss and could lose the entire investment; the initial estimated value on the trade date was $997.05 per $1,000.

Royal Bank of Canada is offering $971,000 of Redeemable Fixed Rate Notes due May 8, 2046. The Notes pay 5.40% per annum annually, are issued May 8, 2026, and are redeemable at the Bank's option on the Interest Payment Date scheduled May 8, 2031 and thereafter with 10 business days' notice. Proceeds to the Bank are stated as $948,764.10 (after underwriting discounts and commissions of $22,235.90). The Notes are bail-inable under Canadian law and all payments remain subject to the Bank's credit risk.

Royal Bank of Canada is offering Capped Enhanced Return Barrier Notes linked to the Solactive Equal Weight U.S. Autonomous Economy AI Select AR Index. The Notes have a Participation Rate of 300%, a Maximum Return of 83.25% (maximum maturity payment $1,832.50 per $1,000) and a Barrier set at 75% of the Initial Underlier Value. The Trade Date is May 14, 2026, Issue Date May 19, 2026, Valuation Date May 14, 2031 and Maturity Date May 19, 2031. If the Final Underlier Value is below the Barrier at maturity, investors absorb the full negative Underlier Return on principal. The initial estimated value is stated between $885.00 and $935.00 per $1,000, below the public offering price; underwriting discounts total 3.625%.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Dow Jones Industrial Average, the Nasdaq-100 and the S&P 500. The Notes have a Contingent Coupon of $5.458 per $1,000 (6.55% annually) and a Barrier equal to 70% of each Initial Underlier Value. Trade Date is May 5, 2026, Issue Date May 8, 2026, Valuation Date February 5, 2031 and Maturity Date February 10, 2031. If not called, principal at maturity depends on the Final Underlier Value of the Least Performing Underlier relative to its Barrier; if below the Barrier, investors can lose a substantial portion or all principal. Initial estimated value per $1,000 is $952.59 and the public offering price is par.

Royal Bank of Canada (RBC) is offering non‑interest bearing, senior unsecured notes linked to the S&P 500® Index with a per‑note principal amount of $1,000. The notes feature a 130% upside participation rate, a 10% buffer (buffer level = 90.00% of initial underlier), and a capped return with a maximum settlement amount expected to be between $1,136.11 and $1,160.03 per $1,000. If the final index level at the determination date is below the buffer level, the holder will suffer a proportional loss of principal; holders receive principal at maturity only if the final level is at or above the buffer. The initial estimated value is expected to be between $965.60 and $995.60 per $1,000 and will be less than the original issue price. Payments are subject to RBC credit risk, limited liquidity, and tax uncertainty.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of The Charles Schwab Corporation (SCHW). The notes have a public offering price of $1,000 per note and an initial estimated value of $974.76 per $1,000 principal amount. The notes pay a contingent coupon of $8.167 per $1,000 (equivalent to 9.80% per annum) when monthly observation levels meet the coupon threshold. If, on any Call Observation Date starting on or after November 4, 2026, SCHW closes at or above its initial value, the notes are auto-called and investors receive principal plus the contingent coupon then due. If not called, at maturity on June 9, 2027 investors receive principal if the final SCHW value is at or above the barrier (75% of the initial value); otherwise investors receive a physical delivery of SCHW shares equal to 10.9314 shares per $1,000 note, which could be worth significantly less than principal. All payments are subject to RBC’s credit risk.

Royal Bank of Canada (RBC) is offering principal‑protected‑buffer style notes linked to the S&P 500® Index that mature March 15, 2028. Each note has a $1,000 principal amount and pays no interest. If the S&P 500 closing level on the determination date is at least 87.50% of the initial level (7,200.75), each $1,000 note will pay a capped threshold settlement amount of $1,169.00. If the final level is below that threshold, the cash payment declines proportionally and could be as low as zero, exposing holders to significant loss. The initial estimated value on the trade date was $994.31 per $1,000; original issue price was 100.00% of principal. The notes are senior unsecured obligations of RBC, subject to RBC credit risk, not listed, non‑redeemable, and not FDIC insured.

Royal Bank of Canada is offering $20,785,000 of Auto-Callable Geared Buffer Notes linked to the EURO STOXX 50® Index. The Notes pay increasing quarterly automatic-call amounts (9.10% per annum equivalent), mature on May 8, 2031, and provide a 15% buffer against declines with a downside multiplier of 100% / 85% (≈1.17647).

If a Call Observation Date meets the call threshold, investors receive the published Call Settlement Amount and the Notes terminate. If not called, at maturity investors receive principal if the Final Underlier Value ≥ 85% of the Initial Underlier Value; otherwise payments are reduced per the stated formula and investors may lose some or all principal. The initial estimated value was $993 per $1,000, below the public offering price. All payments are subject to Royal Bank of Canada credit risk and described risk factors, including tax characterization uncertainty under U.S. law.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Buffer Notes linked to the Bloomberg US Large Cap VolMax Index. The notes have a Trade Date of May 29, 2026, an Issue Date of June 3, 2026, a Valuation Date of May 29, 2031 and a Maturity Date of June 3, 2031. Investors may receive monthly contingent coupons of $12.917 per $1,000 (stated 15.50% per annum) if the Underlier is at or above a coupon threshold set at 70% of the Initial Underlier Value on the applicable observation date. The notes are automatically callable if the Underlier is at or above the Initial Underlier Value on a Call Observation Date; called notes pay principal plus the contingent coupon otherwise due. At maturity, if not called, investors receive $1,000 if the Final Underlier Value is at or above the Buffer Value (75% of the Initial Underlier Value). If the Final Underlier Value is below the Buffer Value, repayment is reduced by the Underlier Return offset by a 25% buffer, exposing investors to partial or substantial principal loss. The initial estimated value is expected to be between $915.00 and $965.00 per $1,000, which is less than the public offering price.

Royal Bank of Canada is offering Auto-Callable Enhanced Return Dual Directional Barrier Notes linked to the least performing common stock of Apple Inc. and Alphabet Inc. The notes have a Participation Rate of 150%, a Barrier Value equal to 70% of each initial underlier value and an automatic call feature that can pay at least $1,300 per $1,000 on the Call Settlement Date if both underliers meet or exceed their Initial Underlier Values on the Call Observation Date. The Trade Date is May 26, 2026, Issue Date May 29, 2026, Valuation Date May 29, 2029 and Maturity Date June 1, 2029. The initial estimated value is expected between $900 and $950 per $1,000, and the public offering price is 100% with underwriting discounts of 2.50%. 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 Solactive Equal Weight U.S. Semi Conductor Select AR Index (CUSIP 78017UYL8). The notes pay a contingent monthly coupon of $10.625 per $1,000 (12.75% per annum) if the underlier on the observation date is at or above a Coupon Threshold (75% of the Initial Underlier Value). The notes are callable if the underlier is at or above 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 (70% of Initial); if below the Barrier Value the investor receives $1,000 × (1 + Underlier Return), which may result in substantial or total principal loss. Trade Date: May 26, 2026; Issue Date: May 29, 2026; Valuation Date: November 27, 2028; Maturity Date: November 30, 2028. The public offering price is 100.00% with underwriting discounts of 2.25%. Initial estimated value is expected to be between $890.00 and $940.00 per $1,000.

Royal Bank of Canada offers Auto-Callable Contingent Coupon Buffer Notes linked to the Bloomberg US Large Cap VolMax Index. The Notes have a Trade Date of May 26, 2026, Issue Date of May 29, 2026 and Maturity Date of May 30, 2031. Investors may receive a monthly contingent coupon of $10.292 per $1,000 (12.35% per annum) when the Underlier is at or above a Coupon Threshold set at 70% of the initial value. The Notes include an automatic call if the Underlier is at or above the Initial Underlier Value on a Call Observation Date, and a principal Buffer of 25% at maturity that absorbs losses before principal is reduced. The offering shows an underwriting discount of 4.35% and an initial estimated value range of $881.00 to $931.00 per $1,000.

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 have a Trade Date of May 29, 2026, an Issue Date of June 3, 2026, a Valuation Date of November 29, 2028 and a Maturity Date of December 4, 2028. Investors may receive a monthly Contingent Coupon of $12.50 per $1,000 (equivalent to 15.00% per annum) only if the Underlier is at or above a Coupon Threshold of 75% of the Initial Underlier Value on the relevant observation dates. The notes are auto-callable if the Underlier closes at or above the Initial Underlier Value on a Call Observation Date; if not called, principal repayment depends on the Final Underlier Value relative to a Barrier at 70% of the Initial Underlier Value, exposing holders to partial or total principal loss. The initial estimated value is expected between $900.00 and $950.00 per $1,000, and underwriting reduces proceeds to the issuer by 1.00%. All payments are subject to Royal Bank of Canada credit risk.

Royal Bank of Canada is offering Capped Return Dual Directional Buffer Notes linked to the EURO STOXX 50® Index. The Notes pay at maturity based on the Initial Underlier Value and Final Underlier Value: investors participate at a 100% Participation Rate up to a Maximum Upside Return of at least 27%. The Notes provide a 15% Buffer that cushions some losses: if the index falls but remains above the Buffer Value (85% of the Initial Underlier Value), investors still receive a positive payment equal to the absolute Underlier Return; if the index falls below the Buffer Value investors absorb losses reduced by 15%. Trade Date is May 29, 2026, Issue Date is June 3, 2026, Valuation Date is May 30, 2028, and Maturity Date is June 2, 2028. All payments are subject to the Bank’s credit risk and the initial estimated value will be less than the public offering price.

Royal Bank of Canada is offering Enhanced Return Notes linked to the S&P 500 Market Agility 10 TCA 0.5% Decrement Index. The total public offering shown is $392,000 and the public offering price is $1,000 per $1,000 principal amount. The Trade Date is May 1, 2026, Issue Date May 6, 2026, Valuation Date May 1, 2029 and Maturity Date May 4, 2029.

At maturity investors receive principal plus upside only if the Final Underlier Value exceeds the Initial Underlier Value (Initial Underlier Value: 3,844.12); upside participates at a 115% Participation Rate. If the Final Underlier Value is less than or equal to the Initial Underlier Value, investors receive $1,000 per $1,000 principal amount. The Notes are subject to RBC credit risk, index deductions (including a 0.5% annual decrement fee) and estimated average annual index costs of 0.83%. The initial estimated value on the Trade Date was $961.54 per $1,000, below the public offering price.

Royal Bank of Canada (RY) is offering Auto-Callable Enhanced Return Dual Directional Barrier Notes linked to the least performing common stock of Constellation Energy Corporation and GE Vernova Inc. The public offering price is $1,000 per $1,000 principal amount and the initial estimated value is expected to be between $890 and $940 per $1,000. The notes pay an automatic call payment (at least $1,340 per $1,000) if both underliers close at or above their Initial Underlier Values on the Call Observation Date. If not called, maturity payouts depend on the Least Performing Underlier: a 200% Participation Rate applies to positive returns, a floor gives positive returns when the final value stays at or above a 50% Barrier, and investors can lose up to all principal if the Final Underlier Value falls below the Barrier. All payments are subject to RBC credit risk and U.S. federal tax considerations described herein.

Royal Bank of Canada is offering Barrier Digital Notes linked to Intel Corporation common stock. The Notes trade on a $1,000 principal amount basis with a public offering price of 100.00%, underwriting discount of 1.75% and proceeds to the issuer of 98.25%. Trade Date is May 15, 2026, Issue Date May 20, 2026, Valuation Date November 15, 2027 and Maturity Date November 18, 2027. The Notes pay either a Digital Return (at least 32%, set on the Trade Date) if the Final Underlier Value is ≥ the Barrier (50% of Initial Underlier Value), or a payment tied to the Underlier Return if below the Barrier; substantial principal loss is possible if the Final Underlier Value is below the Barrier.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Dow Jones Industrial Average, the Nasdaq-100 and the S&P 500. The offering priced at $4,273,000 in total, with proceeds to the Bank of $4,266,590.50. The Notes have a Trade Date of May 1, 2026, Issue Date May 6, 2026, Valuation Date May 1, 2029 and Maturity Date May 4, 2029. Investors may receive monthly contingent coupons of $7.708 per $1,000 (9.25% annually) when each Underlier meets the coupon threshold; the Notes are callable if, on a Call Observation Date, each Underlier is at or above its Initial Underlier Value, triggering payment of par plus the contingent coupon then due. At maturity, if not called, repayment depends on the Final Underlier Value of the least performing Underlier versus its Barrier (60% of initial); if below the Barrier, principal is reduced pro rata by the Underlier Return. All payments are subject to the Bank’s credit risk and the pricing supplement discloses underwriting discounts, initial estimated value, tax considerations, and selected risks.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the Nasdaq-100, Russell 2000 and S&P 500. The offering price is $1,000 per $1,000 principal amount (total price to public $2,102,000). Trade Date: May 1, 2026; Issue Date: May 6, 2026; Maturity Date: February 6, 2031.

Notes pay a monthly contingent coupon of $6.833 per $1,000 (annualized 8.20%) if each Underlier is at or above its 70% Coupon Threshold on observation dates. The notes are auto-callable on designated Call Observation Dates if all Underliers are at or above their Initial Underlier Values; otherwise principal repayment at maturity depends on the performance of the least performing Underlier relative to its 70% Barrier Value. All payments are subject to Royal Bank of Canada credit risk and to the specified risk and tax disclosures in the pricing supplement.

Royal Bank of Canada is offering market-linked senior notes (face amount $1,000 per security) due May 28, 2027, linked to the lower-performing of AMD and NVIDIA. The initial estimated value is stated between $916.00 and $966.00 per security. The notes pay a contingent fixed return (at least 22.50%) only if the ending value of the lowest-performing underlying is at or above its threshold (60% of starting value); otherwise holders suffer full downside exposure to that lowest-performing stock.

The pricing date is May 18, 2026 and the issue date is May 21, 2026. Payments are unsecured obligations of Royal Bank of Canada and subject to the Bank’s credit risk. Secondary-market liquidity is limited and the initial estimated value is lower than the original offering price.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the Bloomberg US Large Cap VolMax Index. The offering lists a Total Price to public of $450,000 at par and an initial estimated value of $927.10 per $1,000 principal amount. The notes pay a Contingent Coupon of $8.75 per $1,000 (0.875% monthly, 10.50% per annum) when the Underlier is at or above the 60% Coupon Threshold on observation dates, are callable if the Underlier is at or above the Initial Underlier Value on specified Call Observation Dates beginning May 3, 2027, and return principal at maturity only if the Final Underlier Value is at or above the 50% Barrier Value. The notes include daily notional financing costs, a 6% per annum deduction factor and transaction costs that can materially reduce Underlier performance. All payments are subject to Royal Bank of Canada credit risk.

Royal Bank of Canada priced market-linked, auto-callable securities linked to NVIDIA Corporation stock due May 21, 2027. Each security has a $1,000 face amount, an initial estimated value of $921.00–$971.00 per security, and a contingent coupon rate of at least 15.50% per annum. Monthly contingent coupons are paid only if the Underlying Stock's closing value on each calculation day is at or above a coupon threshold equal to 70% of the starting value. The notes are subject to automatic call if any monthly calculation day from November 2026 through April 2027 has the closing value at or above the starting value; if not called, principal at maturity depends on the ending value and will be fully exposed below the 70% downside threshold. All payments are unsecured obligations of Royal Bank of Canada and subject to its credit risk.

Royal Bank of Canada is offering Enhanced Return Notes linked to the S&P 500 Market Agility 10 TCA 0.5% Decrement Index (Bloomberg: SPMKTD). The Notes have a Participation Rate of 145%, a Trade Date of May 1, 2026, Issue Date May 6, 2026, and mature on May 6, 2030. Investors receive at maturity either $1,000 + $1,000 × Underlier Return × 145% if the Final Underlier Value is greater than the Initial Underlier Value (Initial Underlier Value: 3,844.12), or $1,000 if the Final Underlier Value is less than or equal to the Initial Underlier Value. Payments are subject to Royal Bank of Canada credit risk. The pricing supplement states the initial estimated value was $953.42 per $1,000 and the public offering price and total price to public were shown as 100.00% ($399,000).

Royal Bank of Canada is offering Geared Buffer Digital Notes linked to the least performing common stock of Apple, Amazon and NVIDIA. Each Note has $1,000 principal. The Notes pay a fixed Digital Return of 22.60% at maturity if the Least Performing Underlier's Final Underlier Value is greater than or equal to its Buffer Value (75% of the Initial Underlier Value). If the Final Underlier Value is below the Buffer Value, investors receive a number of shares of the Least Performing Underlier equal to its Physical Delivery Amount; fractional shares are paid in cash. Trade Date: May 1, 2026; Issue Date: May 6, 2026; Valuation Date: June 1, 2027; Maturity Date: June 4, 2027. The public offering price is 100% ($1,000 per $1,000 principal) and the initial estimated value determined by Royal Bank is $981.26 per $1,000 principal. 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 Apollo Global Management common stock. The notes have a $2,534,000 total public offering at par and an initial estimated value of $995.72 per $1,000. Investors may receive monthly contingent coupons of $13.458 per $1,000 (16.15% per annum) when the Underlier meets the Coupon Threshold. The notes are callable beginning on the sixth monthly observation if the closing Underlier value is at or above the Initial Underlier Value; if not called, maturity payoff depends on whether the Final Underlier Value is at or above the Barrier Value (61% of the Initial Underlier Value, $79.58). If the Final Underlier Value is below the Barrier Value, investors can incur substantial principal losses. All payments are subject to Royal Bank of Canada credit risk and tax and withholding rules described in the supplement.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of Apple Inc. The Notes are sold at $1,000 per $1,000 principal amount (100.00%) with underwriting discounts of 1.50%. Trade Date is May 18, 2026, Issue Date May 21, 2026, Valuation Date June 21, 2027 and Maturity Date June 24, 2027. Investors may receive a monthly contingent coupon of $7.50 per $1,000 (0.75% per month, 9.00% per annum) when the Underlier is at or above a Coupon Threshold. The Notes are auto-callable if the Underlier closes at or above the Initial Underlier Value on a Call Observation Date; repayment on maturity may be in shares if the Final Underlier Value is below the Barrier Value (set at 78% of the Initial Underlier Value), exposing investors to possible substantial principal loss. Initial estimated value is expected between $923.70 and $973.70 per $1,000. All payments are subject to Royal Bank of Canada credit risk.

Royal Bank of Canada offers Contingent Coupon Barrier Notes linked to three ETFs. The Notes pay monthly contingent coupons (if each Underlier is at or above its Coupon Threshold) and mature on May 23, 2029. The Contingent Coupon is at least $7.167 per $1,000 (at least 8.60% per annum). The Notes are sold at par (100.00%) with an initial estimated value expected between $941.80 and $991.80 per $1,000. The Barrier and Coupon Threshold for each Underlier equal 70% of its Initial Underlier Value. At maturity, if the Least Performing Underlier is below its Barrier, repayment is reduced pro rata and investors may lose a substantial portion or all principal; all payments are subject to Royal Bank of Canada credit risk.

Royal Bank of Canada priced a structured, non‑interest bearing note linked to a weighted basket of five international equity indices. Each note has $1,000 principal and an initial basket level of 100. Payment at maturity depends on the final basket level versus a buffer level of 85.00% and a threshold settlement amount set on the trade date. If the final basket level is ≥ initial level you receive the greater of the threshold settlement amount (expected to be between $1,218.40 and $1,256.90 per $1,000) or $1,000 plus the basket return; if final level is <85.00% you can lose principal. The issuer is exposed to credit and market risks; RBCCM serves as calculation agent and dealer.

Royal Bank of Canada is offering Buffer Digital Notes linked to the iShares® Expanded Tech-Software Sector ETF (IGV). The pricing supplement shows a Total Price to public of $551,000 and an initial estimated value of $985.12 per $1,000 principal amount as of the Trade Date. The Notes pay a Digital Return of 25.25% if the Final Underlier Value is at or above the Buffer Value (85% of the Initial Underlier Value), and otherwise pay principal adjusted by the Underlier Return plus a 15% buffer, exposing investors to potential loss of some or a substantial portion of principal. All payments are subject to the Bank’s credit risk.

Royal Bank of Canada is offering Auto-Callable Enhanced Return Barrier Notes linked to an equally weighted basket of five technology stocks: Adobe, Salesforce, Microsoft, Oracle and Palo Alto Networks. The notes have a 3-year term with a Trade Date of April 30, 2026, Issue Date May 5, 2026 and Maturity Date May 3, 2029. If the Basket is at or above the Initial Basket Value on the Call Observation Date, the notes are automatically called for $1,200 per $1,000 principal. If not called, the notes pay at maturity with a 125% Participation Rate on positive Basket returns, a 70% Barrier Value and full principal risk if the Final Basket Value falls below the Barrier. All payments are subject to Royal Bank of Canada credit risk.

The Royal Bank of Canada is offering Market Linked Securities—Auto-Callable linked to the EURO STOXX 50® Index with a $2,645,000 original offering aggregate. Each security has a $1,000 face amount, an initial estimated value of $963.65, a 13.00% call premium and a stated maturity date of May 3, 2029.

The securities pay no interest, feature a 150% upside participation rate, a threshold equal to 75% of the starting value, and full downside exposure below the threshold. Payments and market value are subject to RBC credit risk, limited secondary-market liquidity and complex tax and market‑timing rules.

Royal Bank of Canada is offering Auto-Callable Geared Buffer Notes linked to the EURO STOXX 50® Index. The Notes have a Trade Date of May 4, 2026, Issue Date May 7, 2026, Valuation Date May 5, 2031 and Maturity/Call Settlement Date May 8, 2031. The notes feature a 15% buffer and a Downside Multiplier of approximately 1.17647. Quarterly call observation dates begin about one year after issuance with a call return rate of 9.10% per annum; if the Underlier is at or above 90% of the initial value on a call observation date, the Notes are automatically called for the stated Call Settlement Amount. Payments at maturity depend on the Final Underlier Value and are subject to the Bank’s credit risk.

Royal Bank of Canada is offering non‑interest senior notes linked to the EURO STOXX 50® Index. Each note has a $1,000 principal amount and a threshold level equal to 85.00% of the initial index level; if the final index level is at or above that threshold, holders will receive a threshold settlement amount expected to be between $1,089.60 and $1,105.40 per $1,000. If the final index level is below the threshold, payments decline proportionally and holders could lose a substantial portion or all of their principal. The notes pay no interest, will not be listed, and maturity and determination dates will be set on the trade date (trade date shown as May , 2026). The initial estimated value is expected to be between $965.90 and $995.90 per $1,000, which is less than the original issue price.

Royal Bank of Canada is offering notes linked to the S&P 500® Index that pay no interest and provide a capped positive return if the index is at or above 85.00% of its initial level on the determination date. For each $1,000 principal note, the threshold settlement amount is $1,177.50. The trade date is April 30, 2026, the original issue date is May 5, 2026, the determination date is May 15, 2028, and the stated maturity date is May 17, 2028.

The notes provide a 15.00% buffer in the payoff schedule (threshold amount) but do not protect principal if the final index level is below the threshold; holders could lose most or all principal. The initial estimated per-note value was $997.31 and the aggregate principal amount offered is $6,740,000. Payments depend on closing index levels, are subject to issuer credit risk, and the notes are not listed or interest-bearing.

Royal Bank of Canada is offering Market Linked Securities (Senior Global Medium-Term Notes, Series J) with a total original offering amount of $8,529,000. Each security has a face amount of $1,000, an initial estimated value of $974.49 and an original offering price of $1,000.

The notes pay a contingent coupon of 12.50% per annum on quarterly observation dates if the lowest performing index (Nasdaq-100, Russell 2000 or EURO STOXX 50) is at or above 75% of its starting value. The securities are auto-callable if the lowest performing index is at or above its starting value on certain quarterly calculation days and mature on May 3, 2029 with full downside exposure if the lowest performing index finishes below its 75% downside threshold.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Buffer Notes linked to the least performing of the Russell 2000® and S&P 500® indices. The notes have a Trade Date of April 30, 2026, Issue Date May 5, 2026, a Valuation Date of April 30, 2029 and a Maturity Date of May 3, 2029.

The notes pay a contingent monthly coupon of $8.208 per $1,000 (0.8208% monthly; 9.85% per annum) when each underlier is at or above its 85% coupon threshold on the relevant observation date. The notes are auto-callable on monthly call observation dates beginning with the observation on April 30, 2027. At maturity, if the least performing underlier is below its Buffer Value (15% buffer), principal is reduced per the disclosed formula.

Royal Bank of Canada is offering Daily Auto-Callable Absolute Return Digital Notes linked to the S&P 500® Index. The notes mature on August 4, 2027 (Valuation Date July 30, 2027) and pay a fixed Digital Return of 3.25% if the final index value is greater than or equal to the initial index value. The notes include an 80% Barrier Value (5,767.21) and an initial estimated value of $987.23 per $1,000 principal, which is less than the public offering price. If the notes are not called and the final index value is below the initial value, the payoff provides a positive payment equal to the absolute value of the Underlier Return, capped at 20%. All payments are subject to the issuer’s credit risk.