Royal Bank of Canada 424B Filings

Royal Bank of Canada offers $1,343,000 of Capped Enhanced Return Buffer Notes linked to the S&P 500® Index due January 4, 2028. The notes provide 150% participation in positive index returns up to an 11% Maximum Return, protect the first 20% of losses (Buffer), and repay principal only if the Final Underlier Value is at or above the Buffer Value.

The offering price is 100% of principal, the initial estimated value is $973.52 per $1,000, underwriting discount is 2.25%, and all payments are subject to the issuer's credit risk.

Royal Bank of Canada is offering $422,000 of Capped Enhanced Return Buffer Notes linked to the EURO STOXX 50® Index due July 6, 2028. The notes provide a 15% buffer against index declines and a 300% participation rate in positive index returns subject to a 22% maximum return, producing a maximum maturity payment of $1,220 per $1,000 principal. Payments at maturity depend on the Final Underlier Value relative to the Initial Underlier Value and are subject to Royal Bank of Canada credit risk and various tax and market risks described in the pricing supplement.

Royal Bank of Canada is offering Auto-Callable Enhanced Return Barrier Notes linked to an unequally weighted basket of five international equity indices. The notes are being sold at par (100.00% or $1,000 per $1,000 principal) with an underwriting discount of 3.50% and proceeds to the issuer of 96.50%. The notes have a Trade Date of July 29, 2026, an Issue Date of July 31, 2026, a Valuation Date of July 29, 2031, and a Maturity Date of August 1, 2031. If the Basket is at or above the Initial Basket Value on the Call Observation Date, the notes will be auto-called for a payment determined at pricing (illustrative payment shown at $1,125 per $1,000). If not called, the notes pay at maturity based on Basket performance with a 125% Participation Rate and a Barrier Value equal to 75% of the Initial Basket Value, meaning investors can lose a substantial portion or all principal if the Final Basket Value is below the Barrier.

Royal Bank of Canada is offering Capped Enhanced Return Dual Directional Barrier Notes linked to the iShares^® MSCI EAFE ETF. The pricing supplement shows a public offering price equal to par with total proceeds of $147,000. The notes pay at maturity based on the Underlier Return with a Participation Rate of 200% and a Maximum Upside Return of 22%, subject to a Barrier Value of $77.91 (75% of the initial underlier value). Key dates: Trade Date June 30, 2026, Issue Date July 6, 2026, Valuation Date December 29, 2028 and Maturity Date January 4, 2029. All payments are subject to the Bank’s credit risk and U.S. federal income tax treatment is discussed with potential alternative characterizations under Section 1260.

Royal Bank of Canada is offering Auto-Callable Enhanced Return Barrier Notes linked to an equally weighted basket of Adobe, Salesforce, Microsoft, Oracle and Palo Alto Networks common stock. The Notes pay $1,215 per $1,000 on an automatic call; otherwise maturity payments depend on the Final Basket Value, a 125% Participation Rate (if positive) and a Barrier Value equal to 70% of the Initial Basket Value. The offering price to the public is shown as 100.00% with an initial estimated value of $950.16 per $1,000. Payments and secondary market values are subject to Royal Bank of Canada credit risk and to the specific tax and withholding treatments described in the supplement.

Royal Bank of Canada is offering $2,233,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the Class A common stock of Alphabet Inc. The notes trade on a Trade Date of June 30, 2026 with an Issue Date of July 6, 2026 and a Maturity Date of August 4, 2027. The initial underlier value is $357.37, the Barrier and Coupon Threshold are $243.01 (68% of the initial value), and the Contingent Coupon, if payable, is $10.583 per $1,000 (12.70% per annum).

The notes pay monthly contingent coupons only if the underlier closes at or above the Coupon Threshold on the prior observation date, and are auto-called if the underlier closes at or above the Initial Underlier Value on any Call Observation Date (monthly beginning with the December 30, 2026 observation). If not called, repayment at maturity is full principal if the Final Underlier Value is at or above the Barrier Value; if below, repayment equals $1,000 plus the Underlier Return, which can result in substantial loss of principal.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to Amazon.com, Inc. common stock. The offering totals $1,473,000 at a public offering price of 100.00% ($1,000 principal per Note). The Notes pay a contingent quarterly coupon of $26.25 per $1,000 (2.625% quarterly; 10.50% per annum) when the Underlier meets the Coupon Threshold. The Initial Underlier Value is $238.34, the Barrier/Coupon Threshold is $143.00 (60% of the Initial Underlier Value), the initial estimated value is $975.52 per $1,000, and maturity is July 6, 2028. If not called, repayment at maturity depends on the Final Underlier Value: full principal if the Final Underlier Value is at or above the Barrier; otherwise physical delivery of Underlier shares based on a Physical Delivery Amount of 4.1957 shares per $1,000. Payments are subject to the issuer’s credit risk and the Notes are not deposit insured.

Royal Bank of Canada is offering three separate Capped Enhanced Return Buffer Notes linked to the Nasdaq-100 (NDX), Russell 2000 (RTY) and S&P 500 (SPX) indices. The Trade Date is June 30, 2026, the Issue Date is July 6, 2026, the Valuation Date is June 30, 2028 and the Maturity Date is July 6, 2028. Each note returns 150% (Participation Rate) of positive index performance up to a stated Maximum Return (NDX 26.50%, RTY 29.00%, SPX 21.50%). Each note provides a 10% downside buffer (protecting the first 10% of decline); losses beyond the buffer reduce principal pro rata. The notes are unsecured debt of the Bank, subject to its credit risk, have an initial estimated value below the public offering price, and may have limited secondary market liquidity.

Royal Bank of Canada is offering Auto-Callable Enhanced Return Dual Directional Barrier Notes linked to the lesser-performing of Apple Inc. and Microsoft Corporation. The Notes pay at least $1,350 per $1,000 principal if automatically called; otherwise final returns depend on the Least Performing Underlier versus an initial value and a 70% barrier with a 150% participation rate at maturity. Issue terms include Trade Date July 28, 2026, Issue Date July 31, 2026, Valuation Date July 30, 2029 and Maturity Date August 2, 2029. The Notes are unsecured senior debt and subject to Royal Bank of Canada credit risk; initial estimated value is stated between $870.00 and $920.00 per $1,000 principal and the public offering price equals par.

Royal Bank of Canada is offering Auto-Callable Enhanced Return Dual Directional Barrier Notes linked to the least performing common stock of Caterpillar Inc. and Deere & Company. The Notes have a Participation Rate of 150%, a Barrier equal to 60% of each Initial Underlier Value, a Trade Date of July 28, 2026, Issue Date July 31, 2026, Valuation Date July 30, 2029, and Maturity Date August 2, 2029.

If called on the Call Observation Date, investors will receive at least $1,385 per $1,000 principal (138.50%). If not called, payoff depends on the Final Underlier Value of the least performing Underlier: upside is capped per stated examples (maximum illustrated return shown as 40% cap in one explanation), while a Final Underlier Value below the Barrier can result in a substantial loss or loss of principal. All payments are subject to Royal Bank of Canada credit risk.

Royal Bank of Canada is offering $16,000,000 of Auto-Callable Contingent Coupon Geared Buffer Notes linked to the least performing of the Nikkei 225, Russell 2000, S&P 500 and EURO STOXX 50. The Notes pay a contingent monthly coupon of $11.25 per $1,000 (13.50% annualized if paid), are callable monthly beginning September 30, 2026, have a Trade Date of June 30, 2026, Issue Date of July 6, 2026 and mature on July 5, 2029. At maturity investors receive principal protection only if the Least Performing Underlier is at or above its Buffer Value (65% of its Initial Underlier Value); otherwise principal is reduced per the disclosed downside formula. Payments are subject to the Bank's credit risk and various tax and market risks described in the pricing supplement.

Royal Bank of Canada offers Auto-Callable Contingent Coupon Barrier Notes linked to the Solactive Equal Weight U.S. Semi Conductor Select AR Index. The Notes pay a contingent monthly coupon of $15.833 per $1,000 (1.5833% monthly; 19.00% per annum) when the Underlier is at or above a Coupon Threshold equal to 75% of the Initial Underlier Value, are callable if the Underlier is at or above the Initial Underlier Value on a Call Observation Date, and repay principal at maturity unless the Final Underlier Value is below the Barrier Value equal to 70% of the Initial Underlier Value, in which case investors suffer a proportional principal loss. Trade Date is July 28, 2026, Issue Date is July 31, 2026, Valuation Date is January 29, 2029 and Maturity Date is February 1, 2029. The pricing supplement states an initial estimated value between $883.00 and $933.00 per $1,000 principal amount and a public offering price of $1,000 per $1,000 (underwriting discount 2.25%, proceeds to issuer 97.75%).

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 trade at par with a 1.00% underwriting discount (proceeds to the Bank 99.00%) and an initial estimated value expected between $902.50 and $952.50 per $1,000. Trade Date is July 31, 2026, Issue Date August 5, 2026, Valuation Date January 31, 2029 and Maturity Date February 5, 2029. Investors may receive monthly contingent coupons of $18.167 per $1,000 (annualized 21.80%) when the Underlier meets the Coupon Threshold (75% of the Initial Underlier Value). The Notes are callable if the Underlier is at or above the Initial Underlier Value on Call Observation Dates. At maturity, if the Final Underlier Value is below the Barrier Value (70% of Initial), investors suffer downside equal to the Underlier Return; otherwise principal is returned. All payments are subject to the issuer's credit risk and various tax and market risks described in the supplement.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Geared Buffer Notes linked to the Bloomberg US Large Cap VolMax Index. The Notes have a Contingent Coupon of $14.80 per $1,000 (1.48% per month, 17.76% per annum if payable), a 30% Buffer and a Downside Multiplier of 100%/70% (~1.42857). If the Underlier is at or above the Initial Underlier Value on a Call Observation Date (monthly beginning January 7, 2027), the Notes will be automatically called and investors receive par plus the Contingent Coupon otherwise due on the Call Settlement Date. If not called, at maturity investors receive par if the Final Underlier Value is >= the Buffer Value; if below the Buffer Value, the maturity payment is reduced per the stated formula, and investors can lose some or all principal. The Trade Date is July 7, 2026, Issue Date is July 10, 2026, Valuation Date is July 7, 2031, and Maturity Date is July 10, 2031. The Notes are subject to daily deductions (a notional financing cost, a 6% per annum deduction factor and a transaction cost), significant structural risks, RBCCM conflicts of interest in distribution and secondary market valuation differences versus the initial estimated value.

Royal Bank of Canada (RY) offers senior medium-term, market-linked notes due July 27, 2029 that are auto-callable quarterly and pay a contingent coupon only if the lowest-performing of three sector ETFs meets threshold tests. The face amount is $1,000 per security; the initial estimated value is $900–$950 per security. Coupons will be determined on the pricing date and will be at least 16.10% per annum, paid quarterly while the note remains outstanding and only when the lowest-performing Fund closes at or above 75% of its starting value on a calculation day. If not called, principal at maturity depends on the lowest-performing Fund’s ending value versus its 70% downside threshold; a decline below that threshold can cause losses exceeding 30%, including a total loss. Payments depend on RBC creditworthiness; these securities are unsecured and not FDIC/ CDIC insured.

Royal Bank of Canada is offering Capped Leveraged Index Return Notes® linked to the MSCI Emerging Markets Index with a principal amount of $10.00 per unit and a term of approximately two years maturing in July 2028. The notes provide 200% participation in positive index performance up to a capped return (Capped Value to be set on pricing), protect principal only above a 90.00% Threshold Value, and expose investors to full downside below that threshold. The public offering price is $10.00 per unit with an underwriting discount of $0.20 and a disclosed hedging-related charge of $0.05 per unit. The initial estimated value range on the pricing date is stated as $8.99 to $9.49 per unit. Payments (if any) depend on index performance and are subject to RBC credit risk; notes are unsecured and have limited secondary market liquidity.

The Royal Bank of Canada is offering Accelerated Return Notes linked to the EURO STOXX 50® Index with a term of approximately 14 months and a $10 principal amount per unit. The notes provide 3-to-1 participation in upside, subject to a capped return (Capped Value determined at pricing), and 1-to-1 downside exposure with full principal at risk. The initial estimated value range on the pricing date is stated as $9.16 to $9.66 per unit and the public offering price is $10.00 per unit; the notes include an underwriting discount of $0.175 and a hedging-related charge of $0.05 per unit. Payments (including any loss of principal) depend on the EURO STOXX 50 performance and are subject to RBC credit risk.

Royal Bank of Canada (RBC) is offering structured, non‑interest bearing senior notes linked to the S&P 500® Index with a stated maturity of August 7, 2028 and a determination date of August 3, 2028. Each note has a $1,000 principal amount. If the final index level at determination is at least 90.00% of the initial level (initial underlier level: 7,440.43), holders receive a capped threshold settlement amount of $1,187.50 per $1,000 principal. If the final index level is below 90.00%, the cash settlement declines proportionally and could result in a loss of principal, including a total loss at very low index levels. The initial estimated value as of the trade date is expected to be between $955.00 and $985.00 per $1,000 principal, which is below the original issue price. The notes are senior unsecured obligations of RBC, are not listed, do not pay interest, are not FDIC/CDIC insured, and are subject to RBC credit risk. The offering includes an underwriting discount of 1.55% and net proceeds to the issuer of 98.45% of principal.

Royal Bank of Canada is offering Auto-Callable Enhanced Return Barrier Notes linked to the Russell 2000® Index. The Notes have a minimum investment of $1,000, a Participation Rate of 125% at maturity, and a Barrier Value equal to 75% of the Initial Underlier Value. If the Notes are called on the Call Observation Date, holders will receive a predetermined cash call payment equal to at least $1,115 per $1,000 principal amount (111.50%). If not called, maturity payoffs depend on the Final Underlier Value: full principal is returned if the Final Underlier Value is at or above the Barrier; otherwise losses occur pro rata with the Underlier Return. The pricing supplement shows a public offering price of 100.00% with underwriting discounts of 2.50% (proceeds to the Bank 97.50%) and an initial estimated value expected between $910.00 and $960.00 per $1,000. All payments are subject to Royal Bank of Canada credit risk and the Notes are not FDIC- or CDIC-insured.

Royal Bank of Canada is offering $8,171,000 of Senior Global Medium-Term Notes, Series J — market-linked, principal‑at‑risk securities due September 3, 2027.

The securities have a face amount of $1,000 each, an initial estimated value of $963.30 per security, an upside participation rate of 300% subject to a maximum return of 17.75% (equivalent to $177.50), and full 1-to-1 downside exposure to the weighted Basket of five non‑U.S. indices. Payments are unsecured obligations of Royal Bank of Canada and are subject to the issuer’s credit risk.

Royal Bank of Canada is offering Dual Directional Barrier Digital Notes linked to the least performing of the MSCI Emerging Markets Index and the EURO STOXX 50® Index. The Notes have a Trade Date of July 29, 2026 and an Issue Date of July 31, 2026 with a Valuation Date of July 29, 2031 and a Maturity Date of August 1, 2031. The Notes are sold at par (100.00% or $1,000 per $1,000 principal amount) with an underwriting discount of 3.50%. The initial estimated value is expected to be between $870.00 and $920.00 per $1,000 principal amount. Payments at maturity depend on the Final Underlier Value of the Least Performing Underlier relative to its Initial Underlier Value and a Barrier Value set at 70% of the Initial Underlier Value. A Digital Return of at least 66% will apply if the Least Performing Underlier's return exceeds that Digital Return. All payments are subject to Royal Bank of Canada's credit risk.

Royal Bank of Canada is offering $2,810,000 of market-linked, auto-callable senior notes linked to the EURO STOXX 50® Index. Each security has a $1,000 face amount, an initial estimated value of $968.43 and an original offering price of $1,000.00. The notes pay no interest, mature on July 5, 2029 (issue date July 2, 2026) and may be automatically called on July 2, 2027 for a call premium of 11.50% ($115.00). If not called, final payment depends on the index ending value: a 150% upside participation applies for positive index returns; a 15% buffer protects against losses up to the threshold (85% of the starting value). Credit risk of Royal Bank of Canada, limited secondary-market liquidity, and uncertain U.S. federal tax treatment are disclosed.

Royal Bank of Canada is offering $3,164,000 in Auto-Callable Contingent Coupon Barrier Notes linked to the Class A common stock of Alphabet Inc. The Notes pay a contingent monthly coupon of $8.083 per $1,000 (stated 9.70% per annum if payable), are callable monthly beginning on the sixth observation date, and mature on August 3, 2027. If not called, repayment at maturity is either $1,000 (if the Final Underlier Value is at or above a 65% barrier) or a physical delivery of 2.8277 shares of GOOGL per $1,000 principal (rounded to four decimals) if the Final Underlier Value is below the barrier.

The Royal Bank of Canada is offering structured, non‑interest bearing notes linked to the S&P 500Index with a stated maturity of March 15, 2028 (trade date June 29, 2026; original issue date July 2, 2026). For each $1,000 principal amount, holders receive a capped threshold settlement amount of $1,154.50 if the final index level is at least 87.50% of the initial level (initial level 7,440.43). If the final level is below 87.50%, the cash payment declines pro rata (you could lose most or all principal). Aggregate principal initially offered is $15,885,000. The initial estimated value on the trade date was $996.28 per $1,000 principal amount. Payments are subject to the issuer's credit risk and other settlement adjustments described in the supplement.

Royal Bank of Canada is offering $1,977,000 of Auto-Callable Contingent Coupon Barrier Notes due July 5, 2029. The Notes are linked to the least performing of the Nasdaq-100 and S&P 500 and pay quarterly contingent coupons of $28.125 per $1,000 (11.25% per annum) when each underlier meets a 70% threshold.

If a Call Observation Date condition is met, the Notes will be automatically called and investors receive par plus the contingent coupon otherwise due. If not called and the least performing underlier finishes below its 70% barrier, principal at maturity is reduced pro rata by the underlier return.

The Royal Bank of Canada is offering Autocallable Strategic Accelerated Redemption Securities® (three‑year notes, due July, 2029) linked to an equally weighted basket of GS, JPM and MS. Each unit has a $10 principal amount and a public offering price of $10.00. The initial estimated value on the pricing date is expected to be between $9.00 and $9.50 per unit, below the public offering price. The notes pay no interest or dividends, are senior unsecured obligations of RBC (not FDIC/CDIC insured) and are subject to RBC credit risk. The notes are automatically called if the Basket’s Observation Level is at or above the Call Level (100) on any Observation Date; Call Amounts and Call Premiums will be set on the pricing date (examples shown: Call Amounts roughly $11.25–$14.05 representing Call Premiums of 12.50%–40.50%). If not called, repayment at maturity depends on the Ending Value versus the Threshold Value (100), and you may lose all or part of principal if the Ending Value is below the Threshold Value. Fees include an underwriting discount of $0.20 and a hedging‑related charge of approximately $0.05 per unit.

Royal Bank of Canada is offering three separate Enhanced Return Notes linked to the S&P 500 Market Agility 10 TCA 0.5% Decrement Index (SPMKTD). Each offering has its own Valuation Date, Maturity Date and Participation Rate (125%, 147.50%, 175%). Payments at maturity per $1,000 depend on the Underlier Return: if positive, investors receive $1,000 plus the Underlier Return times the Participation Rate; if zero or negative, investors receive $1,000. The Underlier applies a 0.5% annual decrement fee, funding and transaction costs that reduce index performance. The notes are unsecured senior debt of the issuer, carry credit risk of Royal Bank of Canada, and are expected to have initial estimated values below the public offering price. Terms are subject to postponement and additional risks and tax treatment are described in the pricing supplement and referenced documents.

Royal Bank of Canada is offering Redeemable Fixed Rate Notes due July 23, 2029. The pricing supplement describes notes with a 4.65% per annum fixed interest rate, annual interest payments on July 23, and an issue date of July 23, 2026. Purchase prices are stated between $985.00 and $1,000.00 per $1,000 principal, with RBCCM able to pay up to $15.00 per $1,000 of underwriting discount to selected broker-dealers. The notes are redeemable at the issuer’s option on Call Dates corresponding to the July 23, 2027 and July 23, 2028 interest payment dates, and payments are subject to the Bank’s credit risk. The supplement expressly notifies holders that the notes are bail-inable under the CDIC Act and that holders are deemed to consent to bail-in conversion mechanics as described.

Royal Bank of Canada is offering redeemable fixed rate notes due July 23, 2038 under a preliminary pricing supplement dated June 30, 2026, with a stated interest rate of 5.30% per annum.

The notes are offered in minimum denominations of $1,000 with an anticipated issue date of July 23, 2026. Initial purchase prices are indicated between $970.00 and $1,000.00 per $1,000 principal amount; underwriting concessions of up to $30.00 per $1,000 may be paid to selling agents. The notes are redeemable at the issuer's option on specified call dates beginning on the interest payment date scheduled for July 23, 2029. All payments are subject to the bank's credit risk and the notes are subject to Canadian bail-in powers under the CDIC Act.

Royal Bank of Canada is offering Capped Return Notes linked to the S&P 500 Market Agility 10 TCA 0.5% Decrement Index. The Notes have a Participation Rate of 100% and a Maximum Return of 17.50%, giving a capped maximum payment of $1,175 per $1,000 principal at maturity. The Trade Date is July 1, 2026, Issue Date July 7, 2026, Valuation Date July 3, 2028 and Maturity Date July 7, 2028. The initial estimated value is expected to be between $920.00 and $970.00 per $1,000 and the public offering price is 100% (underwriting discount 1.00%, proceeds 99.00%). All payments are subject to the issuer's credit risk and the Notes are not FDIC- or CDIC-insured.

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 indices. The Notes are sold at $1,000 principal per Note (100.00%) with an underwriting discount of 3.625% and expected proceeds to the Bank of 96.375%. Trade Date is July 2, 2026, Issue Date July 8, 2026, Valuation Date July 2, 2031 and Maturity Date July 8, 2031. If not called, a contingent monthly coupon of $7.292 per $1,000 (annualized 8.75%) is payable when each Underlier is at or above its 75% Coupon Threshold on the prior observation date. The Notes are automatically called on certain quarterly Call Observation Dates if each Underlier is at or above its Initial Underlier Value, in which case investors receive par plus the contingent coupon otherwise due. If the Least Performing Underlier is below its 70% Barrier at maturity, principal is exposed to the Underlier Return and investors can lose a substantial portion or all principal. The issuer’s initial estimated value is expected to be between $880.00 and $930.00 per $1,000.

Royal Bank of Canada is offering Auto-Callable Fixed Coupon Barrier Notes linked to the common stock of Snowflake Inc. The Notes have a principal denomination of $1,000, a Fixed Coupon set between $32.50 and $35.00 per $1,000 (13.00%-14.00% per annum), and a Barrier equal to 50% of the Initial Underlier Value. The Trade Date is July 15, 2026, Issue Date July 20, 2026, Valuation Date July 16, 2029 and Maturity Date July 19, 2029. The Notes may be automatically called on quarterly Call Observation Dates if the Underlier closes at or above the Initial Underlier Value; if not called, principal repayment depends on the Final Underlier Value versus the Barrier. The public offering price is 100.00% with underwriting discounts of 2.50%, and proceeds to RBC of 97.50%. All payments are subject to RBC credit risk and the initial estimated value is stated to be between $912.64 and $962.64 per $1,000.

Royal Bank of Canada is offering three separate Auto-Callable Contingent Coupon Barrier Notes with Memory Coupon linked to the equity performance of CrowdStrike (CRWD), Alphabet (GOOGL) and Workday (WDAY). Each offering has separate terms, a quarterly contingent coupon if the Underlier meets a Coupon Threshold, and an automatic call if the Underlier equals or exceeds its Initial Underlier Value on a Call Observation Date.

The Notes settle on an Issue Date of July 20, 2026, have a Valuation Date of July 16, 2029 and a Maturity Date of July 19, 2029. Payments at maturity depend on whether the Final Underlier Value is below the Barrier Value; if it is, investors may lose a substantial portion or all of principal. All payments are unsecured and subject to the Bank’s credit risk.

Royal Bank of Canada is offering four separate Auto-Callable Contingent Coupon Barrier Notes, each linked to a different equity underlier (AMZN, APO, BBY, BSX). Each series has its own contingent coupon rate range and initial estimated value range and will mature on July 19, 2029 with a Valuation Date of July 16, 2029. The notes pay quarterly contingent coupons subject to observation and include a memory feature for unpaid coupons, an automatic call if the underlier equals or exceeds its Initial Underlier Value on a Call Observation Date, and a principal-at-risk payoff at maturity if the Final Underlier Value is below the Barrier Value. Payments are subject to RBC credit risk and the initial estimated value is expected to be less than the public offering price.

Royal Bank of Canada is offering two separate Fixed Coupon Barrier Notes, each linked to a single equity underlier (Moderna and Vertiv). The offerings carry Fixed Coupon Rate ranges of 17.75%–18.75% for the MRNA-linked Notes and 16.00%–17.00% for the VRT-linked Notes. The Trade Date is July 15, 2026, Issue Date is July 20, 2026, Valuation Date is July 15, 2027 and Maturity Date is July 20, 2027. Each Note pays a monthly fixed coupon and will return $1,000 at maturity if the Final Underlier Value is greater than or equal to the Barrier Value, defined as 50% of the Initial Underlier Value. If the Final Underlier Value is below the Barrier Value, the maturity payment equals $1,000 × (1 + Underlier Return), which can result in substantial principal loss. Minimum investment is $1,000. The public offering price is 100.00% with underwriting discounts of 1.50% and proceeds to RBC of 98.50%. The pricing supplement highlights market‑value, credit and tax uncertainties including an unsettled U.S. federal tax characterization. Investors should consult advisors before investing.

Royal Bank of Canada (RY) 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 Trade Date is July 1, 2026, Issue Date July 7, 2026, Valuation Date July 3, 2028 and Maturity Date July 7, 2028.

The notes pay a monthly contingent coupon of $12.375 per $1,000 principal (equivalent to 14.85% per annum) only if each Underlier is at or above its Coupon Threshold (defined as 80% of the Initial Underlier Value) on the preceding observation date. The notes are automatically called on a Call Settlement Date if, on a Call Observation Date, each Underlier is at or above its Initial Underlier Value; called investors receive $1,000 plus the contingent coupon otherwise due.

If not called, at maturity investors receive $1,000 if the Least Performing Underlier is at or above its Barrier Value (defined as 70% of the Initial Underlier Value). If the Least Performing Underlier is below its Barrier Value, the maturity payment equals $1,000 plus the Underlier Return of that Least Performing Underlier, which can result in a substantial loss of principal. The public offering price is 100.00% with underwriting discounts of 0.30%; the initial estimated value is expected between $938.50 and $988.50 per $1,000.

Royal Bank of Canada is offering market-linked Senior Global Medium-Term Notes, Series J — auto-callable, buffered principal-at-risk notes linked to the EURO STOXX 50® Index with a $1,000 face amount per security. The preliminary pricing range shows an initial estimated value of $914.00 to $964.00 per security as of the pricing date; the final pricing supplement will set the initial estimated value and call premium. The securities feature a 15% buffer (threshold = 85% of the starting value), an upside participation rate of 150% and a call premium of at least 11.50%. If not called, maturity payments vary by index performance: no loss within the buffer, 1-to-1 downside beyond the buffer (loss up to 85% of face amount), and leveraged upside subject to the participation rate. Payments are unsecured obligations of Royal Bank of Canada and are subject to the Bank's credit risk; tax treatment and secondary market liquidity are uncertain.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Russell 2000, S&P 500 and EURO STOXX 50. The notes have a Trade Date of July 15, 2026, Issue Date July 20, 2026, Valuation Date July 15, 2030 and Maturity Date July 18, 2030.

The notes pay a quarterly contingent coupon if each underlier is at or above its coupon threshold on observation dates; the illustrative contingent coupon is $21.875 per $1,000 (at least 8.75% per annum). The notes are auto‑callable beginning on the fourth coupon observation date if each underlier is at or above its initial level; if not called, principal repayment at maturity depends on the least performing underlier relative to its 70% barrier, and principal can be substantially lost. Payments are subject to Royal Bank of Canada credit risk.

Royal Bank of Canada is offering two separate Capped Return Dual Directional Buffer Notes, each linked to a different equity index: the Nasdaq-100 Index (NDX) and the EURO STOXX 50 (SX5E). The notes have a Buffer Percentage of 15%, a Participation Rate of 100% (subject to the Maximum Upside Return), and illustrative Maximum Upside Returns shown as at least 22% for the NDX offering and at least 20% for the SX5E offering. Trade Date is July 28, 2026, Issue Date is July 31, 2026, Valuation Date is July 28, 2028 and Maturity Date is August 2, 2028. Payments at maturity depend on the Final Underlier Value relative to the Initial Underlier Value and the Buffer Value; all payments are subject to the Bank’s 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. The Notes are sold at $1,000 per $1,000 principal amount with an underwriting discount of 1.00%, resulting in proceeds to RBC of 99.00% per note. The Trade Date is July 31, 2026, Issue Date is August 5, 2026, Valuation Date is July 31, 2029 and Maturity Date is August 3, 2029. At maturity, if the Final Underlier Value exceeds the Initial Underlier Value, investors receive $1,000 + ($1,000 × Underlier Return × Participation Rate); if not, investors receive $1,000. The Participation Rate will be at least 105%. All payments are subject to RBC's credit risk. The initial estimated value is expected to be between $898.40 and $948.40 per $1,000, and the Notes are subject to index deductions, funding and transaction costs that will reduce Underlier performance.

Royal Bank of Canada is offering senior global medium-term, market-linked notes—leveraged upside participation with contingent downside principal at risk—linked to an unequally weighted basket of five international indices. The notes have a face amount of $1,000 per security, a threshold level of 75% and an upside participation rate of at least 170%. Pricing date is July 31, 2026, issue date August 6, 2026, and stated maturity is August 5, 2031. The initial estimated value is expected between $900.00 and $950.00 per security and will be less than the original offering price. Payments at maturity depend on the basket return and may result in losing more than 25% or all of the face amount if the ending level is below the threshold.

Royal Bank of Canada offers auto-callable, market-linked senior notes due July 29, 2030 that pay a contingent quarterly coupon (rate set on the pricing date, at least 9.25% per annum) and tie principal repayment to the performance of the lowest performing of the Russell 2000, S&P 500 and EURO STOXX 50 indices.

Notes are callable on quarterly calculation days from January 2027 to April 2030 if the lowest performing Index closes at or above its starting value; if not called, maturity redemption equals $1,000 if the lowest performing Index on the final calculation day is at or above 70% of its starting value, otherwise you receive $1,000 multiplied by that Index’s performance factor and may lose more than 30% of principal.

Royal Bank of Canada is offering three separate Capped Return Dual Directional Buffer Notes, each linked to a different equity index (Nasdaq-100, S&P 500, EURO STOXX 50). Each series is sold at par per $1,000 principal amount and pays at maturity based on the Underlier Return, a 15% buffer, a 100% participation rate (subject to a capped Maximum Upside Return), and is subject to the issuer's credit risk.

Trade Date is July 31, 2026, Issue Date August 5, 2026, Valuation Date July 31, 2028 and Maturity Date August 3, 2028. The pricing supplement shows initial estimated value ranges below par and discloses underwriting discounts, referral fees and conflicts of interest related to secondary market valuations and hedging.

Royal Bank of Canada is offering three separate Capped Enhanced Return Buffer Notes, each linked to a different equity index (Nasdaq-100, Russell 2000, S&P 500). The Notes pay per $1,000 principal amount at maturity based on the Underlier Return, a 10% Buffer, a capped Maximum Return (covered on the cover page) and a stated Participation Rate. Key dates: Trade Date: July 28, 2026, Issue Date: July 31, 2026, Valuation Date: July 28, 2028, Maturity Date: August 2, 2028. The initial estimated value per $1,000 is expected to be below the public offering price; RBCCM is Calculation Agent. All payments are subject to Royal Bank of Canada credit risk.

Royal Bank of Canada is offering Notes linked to the S&P 500 Market Agility 10 TCA 0.5% Decrement Index. The Notes pay at maturity either your $1,000 principal plus a return equal to the Underlier Return multiplied by a Participation Rate (stated as at least 100%), or $1,000 if the Final Underlier Value is less than or equal to the Initial Underlier Value. The Trade Date is July 28, 2026, Issue Date July 31, 2026, Valuation Date January 28, 2030, and Maturity Date January 31, 2030. The Notes reflect deductions including a 0.50% per annum decrement fee and other funding and transaction costs that reduce the Underlier’s performance. The initial estimated value is expected to be between $870.00 and $920.00 per $1,000, below the public offering price.

Royal Bank of Canada is offering Auto-Callable Enhanced Return Barrier Notes linked to an equally weighted basket of five major U.S. banks: Bank of America, Citigroup, Goldman Sachs, Morgan Stanley and Wells Fargo. The Trade Date is July 31, 2026, Issue Date August 5, 2026, Valuation Date July 31, 2029 and Maturity Date August 3, 2029. The Notes pay at least $1,165 per $1,000 if the Basket is at or above the Initial Basket Value on the Call Observation Date; otherwise maturity payoffs depend on the Participation Rate of 150% and a Barrier Value equal to 70% of the Initial Basket Value. The public offering price is 100.00% (underwriting discount 1.00%) and the initial estimated value is expected between $910 and $960 per $1,000. Payments are subject to the issuer's credit risk and other terms in the pricing supplement and referenced prospectuses.

Royal Bank of Canada is offering Auto-Callable Enhanced Return Barrier Notes linked to an equally weighted five-stock basket including Adobe, Salesforce, Microsoft, Oracle and Palo Alto Networks. The notes are issued in $1,000 denominations, have a Trade Date of July 31, 2026, an Issue Date of August 5, 2026, a scheduled Valuation Date of July 31, 2029 and a scheduled Maturity Date of August 3, 2029.

If the Notes are automatically called on the Call Observation Date, investors will receive a predetermined call payment (illustrative example: $1,220 per $1,000, or 122%) on the Call Settlement Date. If not called, maturity payments depend on the Final Basket Value, with a Participation Rate of 150% for positive Basket Returns, a Barrier Value of 70 (70% of Initial Basket Value), and full principal returned only if Final Basket Value is at or above the Barrier. The initial estimated value is expected to be between $890 and $940 per $1,000, below the public offering price.

Royal Bank of Canada is offering Capped Return Dual Directional Buffer Notes linked to the S&P 500® Index. The Notes are sold in $1,000 denominations at a public offering price of $1,000 per Note. Trade Date is July 28, 2026, Issue Date July 31, 2026, Valuation Date July 28, 2028 and Maturity Date August 2, 2028.

Key terms: Participation Rate 100% (subject to a Maximum Upside Return of at least 18.75%), a Buffer Percentage of 10% (Buffer Value = 90% of Initial Underlier Value). Initial estimated value is expected to be between $910.00 and $960.00 per $1,000 principal amount. 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 ADBE, CRM, MSFT, ORCL and PANW.

The Notes have a Trade Date of July 28, 2026, Issue Date July 31, 2026, a Call Observation Date August 3, 2027, a Valuation Date July 30, 2029 and a Maturity Date August 2, 2029. The Participation Rate is 150% and the Barrier Value is 70 (70% of the Initial Basket Value). If automatically called, investors will receive at least $1,180 per $1,000 principal amount. The initial estimated value is expected to be between $880 and $930 per $1,000, the public offering price is 100% and underwriting discounts are 2.50%.