Royal Bank of Canada 424B Filings

Royal Bank of Canada offers market-linked notes linked to NVIDIA Corporation stock due September 23, 2027. Each security has a face amount of $1,000 and an original offering price of $1,000 per security. The initial estimated value is expected to be between $920.00 and $970.00 per security.

The payout at maturity depends on the ending value of NVIDIA relative to the starting value: investors participate at a 150% upside participation rate up to a maximum return of at least 31.80% ($318.00). There is a 15% buffer; if the ending value is below 85% of the starting value, holders suffer 1-to-1 losses beyond the buffer and may lose up to 85% of face amount. Payments are unsecured obligations of Royal Bank of Canada and 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 have a $1,000 principal amount per Note, a public offering price of $1,000 (100.00%), an underwriting discount of 2.00% and proceeds to the Bank of 98.00%. The Trade Date is July 28, 2026, Issue Date is July 31, 2026, Valuation Date is August 30, 2027 and Maturity Date is September 2, 2027. If not called, investors may receive contingent monthly coupons of at least $7.50 per $1,000 (at least 0.75% per month or 9.00% per annum) when each Underlier meets its Coupon Threshold. At maturity, payment depends on the Final Underlier Value of the Least Performing Underlier relative to its Barrier (75% of Initial Underlier Value) and may result in loss of some or all principal. The initial estimated value is expected to be between $909.00 and $959.00 per $1,000 principal amount.

Royal Bank of Canada is offering Capped Enhanced Return Buffer Notes linked to the EURO STOXX 50® Index. The notes have a Participation Rate of 300%, a Buffer Percentage of 15% and a Maximum Return to be set at 22% to 24%. Trade Date is July 31, 2026, Issue Date is August 5, 2026, Valuation Date is July 31, 2028 and Maturity Date is August 3, 2028. The public offering price is 100.00% of principal with an underwriting discount of 1.00%. The initial estimated value is stated as between $918.71 and $968.71 per $1,000 principal amount.

The notes pay at maturity either (a) principal plus 300% of positive index return up to the Maximum Return, (b) full principal if index decline is no worse than the 15% buffer, or (c) principal reduced by the index loss in excess of the 15% buffer. All payments are subject to Royal Bank of Canada credit risk.

The Royal Bank of Canada is offering Autocallable Strategic Accelerated Redemption Securities® (STARs®) linked to the EURO STOXX 50® Index with a $10.00 principal per unit and a public offering price of $10.00 per unit. The notes mature in approximately three years if not automatically called on yearly Observation Dates.

The notes pay no periodic interest, carry underwriting and hedging charges of $0.20 and $0.05 per unit, and are unsecured obligations of RBC. If an Observation Level is at or above the Call Level (100% of Starting Value) on an Observation Date the notes will be automatically called at a Call Amount (examples shown between $11.025–$13.375 per unit). If not called and the Ending Value is below the Threshold Value (100% of Starting Value), holders will suffer principal loss in proportion to the Market Measure decline. Payments are subject to RBC credit risk.

Royal Bank of Canada is offering $2,297,000 of Enhanced Return Notes linked to the S&P 500 Market Agility 10 TCA 0.5% Decrement Index. Each Note has $1,000 principal, a Participation Rate of 126.50%, an initial estimated value of $965.58 per $1,000, and a public offering price of par. The Trade Date is June 26, 2026, Issue Date July 1, 2026, Valuation Date June 26, 2029 and Maturity Date June 29, 2029. If the Final Underlier Value exceeds the Initial Underlier Value, investors receive principal plus 126.50% of the Underlier Return; if not, investors receive only principal. Payments are subject to the Bank’s credit risk and the Underlier is reduced by a 0.5% decrement fee plus transaction and funding costs.

Royal Bank of Canada is offering Auto-Callable Enhanced Return Barrier Notes linked to an equally weighted basket of five US bank stocks: BAC, C, GS, MS and WFC. The Notes are sold at a public offering price of $1,000 per $1,000 principal amount (100.00%) with an underwriting discount of 2.50%. Trade Date is July 28, 2026, Issue Date July 31, 2026, Valuation Date July 30, 2029 and Maturity Date August 2, 2029. The Notes feature an automatic call if the Basket on the Call Observation Date meets or exceeds the Initial Basket Value, with a minimum call payment illustrated at $1,130 per $1,000. If not called, maturity payoff depends on the Final Basket Value, a 70% Barrier and a 150% Participation Rate; investors can lose a substantial portion or all principal if the Final Basket Value is below the Barrier. All payments remain subject to Royal Bank of Canada credit risk.

Royal Bank of Canada is offering Capped Enhanced Return Buffer Notes linked to the EURO STOXX 50® Index. The Notes have a Trade Date of July 28, 2026, an Issue Date of July 31, 2026 and a Maturity Date of August 2, 2028. Per $1,000 principal amount, the public offering price is $1,000 (100.00%) with underwriting discounts of 2.25% and proceeds to the bank of 97.75%. The Notes pay at maturity either (a) principal plus 200% of the Underlier Return subject to a Maximum Return of 20%–22%, (b) full principal if the Final Underlier Value is at or above the Buffer Value, or (c) a reduced amount if the Final Underlier Value is below the Buffer Value, where the Buffer Percentage is 15%. The initial estimated value is expected to be between $904.98 and $954.98 per $1,000 principal amount and will be less than the public offering price. All payments are subject to Royal Bank of Canada’s credit risk and the Notes are not FDIC‑ or CDIC‑insured.

Royal Bank of Canada (RY) is offering $1,644,000 in Dual Directional Buffer Digital Notes linked to the S&P 500® Index. The Notes mature on July 29, 2027 and pay either a $1,075 per $1,000 principal amount (a 7.50% Digital Return) when the Final Underlier Value is at or above the Digital Barrier (92.50% of the Initial Underlier Value), or structured buffer/pro rata returns when the Underlier declines. The Notes were priced at 100.00% of principal ($1,644,000 total) with an initial estimated value of $989.94 per $1,000, and all payments are subject to the Bank’s credit risk. Trade Date: June 26, 2026; Issue Date: July 1, 2026; Valuation Date: July 26, 2027.

Royal Bank of Canada is offering $7,415,000 principal amount of Geared Buffer Digital Notes linked to the common stock of Broadcom Inc. The notes pay a fixed 16.62% Digital Return at maturity if Broadcom’s closing stock price on the Valuation Date is at or above a Buffer Value equal to 70% of the Initial Underlier Value. If the Final Underlier Value is below the Buffer Value, principal is reduced using an approximately 1.42857 Downside Multiplier. Trade Date is June 26, 2026, Issue Date July 1, 2026, Valuation Date July 9, 2027 and Maturity Date July 14, 2027. All payments are subject to the issuer’s credit risk and the pricing supplement highlights significant liquidity, tax and structural risks.

Royal Bank of Canada is offering $5,422,000 Auto-Callable Fixed Coupon Barrier Notes linked to the common stock of Microsoft Corporation, due July 29, 2027. The pricing supplement (dated June 26, 2026) sets a public offering price of 100.00% and an initial estimated value of $965.87 per $1,000 principal amount.

The Notes pay a Fixed Coupon of $7.50 per $1,000 (a 9.00% annualized rate) monthly, are callable on specified monthly Call Observation Dates beginning December 29, 2026, and pay either par or physical delivery of Microsoft shares at maturity depending on whether the Final Underlier Value is below the Barrier Value of $268.54 (72% of the Initial Underlier Value). Underwriting discounts total $81,330 (1.50%), with proceeds to the Bank of $5,340,670.

Royal Bank of Canada is offering $1,870,000 principal amount of Auto-Callable Contingent Coupon Barrier Notes linked to the Solactive Equal Weight U.S. Semiconductor Select AR Index. The notes pay a contingent monthly coupon of $15.00 per $1,000 (18.00% per annum) when the Underlier equals or exceeds a 70% threshold and are callable quarterly if the Underlier equals or exceeds its initial value. If not called, maturity payments depend on the Final Underlier Value relative to a 60% barrier, exposing investors to partial or total principal loss. Trade Date is June 26, 2026, Issue Date July 1, 2026, Valuation Date June 26, 2031 and Maturity Date July 1, 2031. The initial estimated value was $969.32 per $1,000 and the public offering price is par.

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 have a Trade Date of July 28, 2026, an Issue Date of July 31, 2026, a Valuation Date of July 28, 2031 and a Maturity Date of July 31, 2031

Per $1,000 principal amount, investors receive either $1,000 plus Participation Rate (at least 140%) times the Underlier Return if the Final Underlier Value is greater than the Initial Underlier Value, or $1,000 if the Final Underlier Value is less than or equal to the Initial Underlier Value. The public offering price is $1,000 per $1,000 (100%), underwriting discount is 4.00%, and the initial estimated value is expected to be between $860 and $910 per $1,000.

Royal Bank of Canada priced $1,441,000 of Senior Global Medium‑Term Notes, Series J — market‑linked, auto‑callable securities linked to the lowest performing share of Amazon (AMZN), Alphabet Class A (GOOGL) and NVIDIA (NVDA). The securities pay a contingent coupon of 14.25% per annum (quarterly, with a memory feature) and have a face amount of $1,000 per security. Key dates: strike date June 25, 2026, pricing date June 26, 2026, issue date July 1, 2026, and stated maturity June 29, 2029. The initial estimated value was $974.57 per security, below the original offering price. Payments are unsecured obligations of Royal Bank of Canada and subject to the Bank’s credit risk; principal at maturity is contingent on the lowest performing underlying relative to the 50% downside threshold.

Royal Bank of Canada (RBC) is offering three separate Capped Enhanced Return Buffer Notes, each linked to a different equity index. Each Note matures on August 3, 2028 with a Valuation Date of July 31, 2028 and an Issue Date of August 5, 2026. The Trade Date is July 31, 2026.

Key economic terms per $1,000 principal: Participation Rate 150%, Buffer Percentage 10%, and a Maximum Return specified for each offering on the cover (ranges shown on the preliminary cover). Payments at maturity depend on the Underlier Return relative to the Initial Underlier Value and the Buffer Value (90% of the Initial Underlier Value). All payments are subject to RBC credit risk.

Royal Bank of Canada is offering Auto-Callable Fixed Coupon Barrier Notes linked to the common stock of Lam Research Corporation (ticker LRCX). The Notes pay a Fixed Coupon of $35.00 per $1,000 each quarter (14.00% per annum) and are callable on quarterly Call Observation Dates beginning about six months after the Trade Date. The Initial Underlier Value is $379.09 and the Barrier Value is $189.55 (50% of the Initial Underlier Value). The Trade Date is June 26, 2026, Issue Date is June 30, 2026, Valuation Date is June 26, 2029 and the Maturity Date is June 29, 2029. If not called, at maturity investors receive principal plus coupon if the Final Underlier Value is at or above the Barrier; if below the Barrier the redemption equals $1,000 × (1 + Underlier Return), which can result in substantial loss of principal. The initial estimated value is $953.43 per $1,000, below the public offering price of par.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of Amazon.com, Inc. The notes have a public offering price of 100.00% with underwriting discounts of 1.75% and proceeds to RBC of 98.25%. Trade Date is June 30, 2026, Issue Date July 6, 2026, Valuation Date June 30, 2028 and Maturity Date July 6, 2028. If not automatically called, contingent quarterly coupons of at least $26.25 per $1,000 (at least 10.50% per annum on an annualized basis) may be payable when the Underlier is at or above a coupon threshold. A barrier at 60% of the Initial Underlier Value governs physical-delivery downside at maturity: if the Final Underlier Value is below the barrier, holders receive a number of AMZN shares equal to $1,000 divided by the Initial Underlier Value. All payments are subject to RBC credit risk; the pricing supplement highlights substantial risk of principal loss and tax and withholding considerations.

Royal Bank of Canada is offering Capped Enhanced Return Dual Directional Buffer Notes linked to the State Street® SPDR® S&P® Oil & Gas Exploration & Production ETF (XOP UP). The Notes mature on December 30, 2027 with a 150% Participation Rate, a 10% buffer and a 34% Maximum Upside Return, producing a capped maximum payment of $1,340 per $1,000 if the Underlier appreciates. If the Final Underlier Value falls below the 90% Buffer Value, principal loss occurs per the formula in the pricing supplement. All payments are subject to the issuer’s credit risk.

Royal Bank of Canada (RY) is offering Auto-Callable Contingent Coupon Barrier Notes with Memory Coupon linked to the lesser-performing share of Boeing and JPMorgan Chase. The notes have a $1,000 public offering price, an initial estimated value of $912.00–$962.00 per $1,000, and an underwriting discount of 2.00%. Trade Date is July 9, 2026, Issue Date July 14, 2026, Valuation Date July 9, 2029 and Maturity Date July 12, 2029. If payable, the Contingent Coupon equals $22.50 per $1,000 (2.25% per quarter, 9.00% per annum). The Coupon Threshold and Barrier Value equal 50% of each Initial Underlier Value. If the notes are automatically called when both underliers close at or above their Initial Underlier Values on a Call Observation Date, investors receive principal plus the Contingent Coupon and any unpaid Contingent Coupons. At maturity, if the Final Underlier Value of the Least Performing Underlier is below its Barrier Value, repayment is reduced pro rata by that Underlier Return and investors can lose a substantial portion or all principal. All payments are subject to Royal Bank of Canada credit risk.

Royal Bank of Canada is offering four separate auto-callable contingent coupon barrier notes linked to individual equity underliers (BX, CEG, F, META). Each offering has its own Contingent Coupon rate and barrier; Trade Date is June 26, 2026, Issue Date June 30, 2026, Valuation Date June 26, 2029, Maturity Date June 29, 2029. Payments depend on quarterly observation dates, automatic call if the underlier closes at or above initial levels on call observation dates, and principal at maturity may be reduced 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 least performing of the Russell 2000, S&P 500 and EURO STOXX 50. The notes pay a quarterly Contingent Coupon of $21.25 per $1,000 (8.50% per annum) when each underlier meets its Coupon Threshold, feature quarterly automatic call observations beginning June 25, 2027, and mature on June 28, 2030. At maturity, if the Least Performing Underlier is at or above its Barrier (70% of initial), holders receive par; if below the Barrier, holders receive par adjusted by the Underlier Return of the Least Performing Underlier and may lose a substantial portion or all principal. The initial estimated value was $945.35 per $1,000; public offering price equals par with underwriting concessions that may vary.

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 June 26, 2026, Issue Date June 30, 2026, and mature on June 30, 2031. Payments at maturity depend on the performance of the Least Performing Underlier versus its Initial Underlier Value and a Barrier set at 70% of that Initial Underlier Value. The structure provides a capped positive Digital Return of 63% (up to 30% cap on some negative-to-positive conversion scenarios) for certain outcomes; if the Final Underlier Value is below the Barrier Value, investors can lose a substantial portion or all principal. The public offering price totaled $1,268,000 in the disclosed tranche, with underwriting discounts of 3.50% and proceeds to the Bank of $1,223,620. All payments are subject to Royal Bank of Canada credit risk.

Royal Bank of Canada is offering three separate auto-callable contingent coupon barrier notes with a memory coupon feature, each linked to a single equity underlier (NVDA, PANW, UAL). Each offering is sold at par per $1,000 principal amount with specified Contingent Coupon Rates of 10.50% (NVDA), 11.75% (PANW) and 11.50% (UAL). Trade Date is June 26, 2026, Issue Date June 30, 2026, Valuation Date June 26, 2029 and Maturity Date June 29, 2029. Each note pays a quarterly contingent coupon if the Underlier is at or above a Coupon Threshold on the prior observation date and may be automatically called early if the Underlier is at or above its Initial Underlier Value on a Call Observation Date. At maturity, if the Final Underlier Value is below the Barrier Value, principal is reduced pro rata to the Underlier Return; if at or above the Barrier Value, principal is returned. The offerings expose investors to issuer credit risk, potential loss of principal linked to Underlier declines, limited upside participation in equity appreciation, and complex U.S. federal tax characterization risks.

Royal Bank of Canada is offering two separate Fixed Coupon Barrier Notes linked to the common stock of Applied Materials, Inc. and The Chemours Company. Each note pays a monthly fixed coupon and returns principal at maturity only if the Final Underlier Value is at or above a Barrier Value equal to 50% of the Initial Underlier Value. If the Final Underlier Value is below the Barrier Value, repayment is reduced pro rata by the Underlier Return, which can cause a substantial loss of principal. Trade Date is June 26, 2026, Issue Date June 30, 2026, Valuation Date June 25, 2027 and Maturity Date June 30, 2027. All payments are subject to the Bank's credit risk; the initial estimated value is less than the public offering price and the Notes are not FDIC- or CDIC-insured.

Royal Bank of Canada is offering Capped Enhanced Return Dual Directional Buffer Notes linked to the S&P 500 Index with a Trade Date of June 25, 2026, Issue Date June 30, 2026 and a stated Maturity Date of June 28, 2029. The notes pay maturity amounts that depend on the Underlier Return and include an Upside Participation Rate of 125% subject to a Maximum Upside Return of 25%, and provide an 80% Buffer Value (Buffer Percentage 20%). The initial estimated value was $971.27 per $1,000 and the public offering price totals $2,045,000 with underwriting discounts of 2.35%. All payments are subject to the issuer's credit risk and tax treatment is discussed under U.S. federal income tax considerations.

Royal Bank of Canada is offering market-linked, auto-callable senior medium-term notes due July 3, 2030 with a $1,000 face amount per security. The pricing date is June 30, 2026 and issue date is July 6, 2026. The initial estimated value is stated between $907.00 and $957.00 per security and is expected to be less than the $1,000 original offering price. The notes pay quarterly contingent coupons at a contingent coupon rate to be set on the pricing date, which will be at least 10.30% per annum. The notes are linked to the lowest performing of the Russell 2000, the S&P 500 and the EURO STOXX 50 and are automatically called if the lowest performing Index closes at or above its starting value on a scheduled calculation day. Each Index has a downside threshold equal to 75% of its starting value; if the ending value of the lowest performing Index is below that threshold at maturity, principal is reduced pro rata by that Index’s performance factor. The agent discount is $23.25, with proceeds to the issuer per security of $976.75. These securities are unsecured obligations of Royal Bank of Canada and involve credit, market, liquidity and tax uncertainties; they are not FDIC- or CDIC-insured.

Royal Bank of Canada is offering principal-protected (subject to a buffer) structured notes linked to the MSCI EAFE® Index. Each note has a $1,000 principal amount and does not pay interest. The notes provide 160% upside participation subject to a capped payment and a 12.50% buffer (buffer level 87.50% of the initial underlier level). If the final underlier level is at or above the buffer level you will receive at least the principal amount, subject to the issuer's credit risk; if below the buffer the investor suffers a leveraged loss (approximately 1.1429% loss in principal for each 1% the final level is below the buffer). The cap level and maximum settlement amount, the trade date, the determination date (expected 19–22 months after trade date) and the stated maturity date will be set on the trade date. The initial estimated value is expected to be between $963.30 and $993.30 per $1,000 principal amount and will be less than the original issue price. The notes are senior unsecured debt, not listed, not FDIC-insured, and subject to issuer credit risk and limited secondary-market liquidity.

Royal Bank of Canada is offering Accelerated Return Notes linked to the Russell 2000® Index due August 27, 2027. The offering price is $10.00 per unit, totaling $33,371,670.00. The initial estimated value on the pricing date was $9.73 per unit.

The notes pay a leveraged upside with a Participation Rate of 300% subject to a cap (the Capped Value) of $12.025 per unit (a 20.25% return over principal). Principal per unit is $10.00; the Starting Value of the Russell 2000® is 3,007.858, and the Ending Value will be the average closing level during the maturity valuation period in August 2027. Holders face issuer credit risk and may lose all or part of principal if the Market Measure declines.

Royal Bank of Canada is issuing 5,046,080 Accelerated Return Notes® linked to the EURO STOXX 50® Index with a $10 principal amount per unit (aggregate public offering price $50,460,800). Pricing date was June 25, 2026, settlement July 2, 2026, and maturity August 27, 2027.

The notes pay at maturity an amount based on the Participation Rate of 300% in positive index performance, subject to a Capped Value of $11.951 per unit (a 19.51% return). If the Ending Value is below the Starting Value, holders bear 1-to-1 downside exposure to index declines and may lose principal. The initial estimated value on the pricing date was $9.72 per unit. Fees include an underwriting discount of $0.175 per unit and a hedging-related charge of $0.05 per unit. All payments are subject to RBC credit risk and the notes are unsecured and unlisted.

Royal Bank of Canada (RBC) is offering 2,496,742 Accelerated Return Notes® (ARNs) linked to the Invesco S&P 500® Equal Weight ETF (RSP) with a $10 principal amount per unit and maturity on August 27, 2027. The notes provide a 300% participation rate in increases of the Market Measure subject to a 12.15% cap (Capped Value $11.215 per unit). If the Ending Value is below the Starting Value ($211.75), you suffer 1-to-1 downside loss of principal. The notes are unsecured senior debt of RBC, carry issuer credit risk, include an underwriting discount of $0.175 and a hedging-related charge of $0.05 per unit, and have an initial estimated value of $9.74 per unit versus a public offering price of $10.00. Purchases pay no periodic interest and all payments occur at maturity.

Royal Bank of Canada is offering Auto-Callable Enhanced Return Barrier Notes linked to an unequally weighted basket of five equity indices. The notes have a Trade Date of June 26, 2026, an Issue Date of June 30, 2026 and a scheduled Maturity Date of June 30, 2031. The notes pay $1,120 per $1,000 if automatically called on the Call Observation Date and otherwise pay at maturity based on a Participation Rate of 125% with a Barrier Value of 75 (75% of the Initial Basket Value). The initial estimated value was $931.36 per $1,000 and the public offering price was 100.00% (total shown as $310,000 in the pricing table). All payments are subject to the issuer’s credit risk and the notes are not deposit insured.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Geared Buffer Notes linked to the common stock of NVIDIA Corporation. The Notes have a public offering price of 100% (per $1,000 principal) with a placement agent fee of 1% (approximately $10 per $1,000). The initial estimated value is expected to be between $930.00 and $980.00 per $1,000 principal amount.

The Notes pay a contingent coupon of $38.20 per $1,000 when the Underlier is at or above a coupon threshold on observation dates, include a memory feature for unpaid coupons, an automatic call if the Underlier equals or exceeds the Initial Underlier Value on a Call Observation Date, a 25% buffer and a downside multiplier of approximately 1.33333. If not called and the Final Underlier Value is below the buffer, principal recovery is reduced by the Underlier Return adjusted by the buffer and multiplier; investors may lose part or all principal. All payments are subject to Royal Bank of Canada credit risk and U.S. federal withholding/tax considerations described in the supplement.

Royal Bank of Canada is offering Auto-Callable Enhanced Return Dual Directional Barrier Notes linked to the least performing common stock of Amgen Inc. and Bristol-Myers Squibb Company. Trade Date is June 25, 2026, Issue Date June 30, 2026, Valuation Date June 25, 2029 and Maturity Date June 28, 2029. The Notes pay $1,310 per $1,000 if automatically called on the Call Observation Date and otherwise pay at maturity based on the Final Underlier Value of the Least Performing Underlier. The Participation Rate is 150% (applicable only at maturity if not called). Each Underlier’s Barrier Value equals 60% of its Initial Underlier Value (AMGN Barrier $211.69; BMY Barrier $33.23). The public offering price shown is 100.00% per $1,000 (total $1,100,000) with underwriting discounts of 2.50% ($27,500) and proceeds to the Bank of 97.50% ($1,072,500). The initial estimated value determined by the issuer is $945.72 per $1,000, which is lower than the public offering price. All payments are subject to the issuer’s credit risk and the pricing supplement highlights substantial principal loss risk if the Least Performing Underlier closes below its Barrier Value.

Royal Bank of Canada is offering non‑interest bearing structured notes linked to the MSCI EAFE® Index with a 90.00% threshold and a capped threshold settlement amount expected between $1,112.30 and $1,132.10 per $1,000 principal. The notes pay at maturity based on the underlier return measured from the trade date to a determination date expected between 17 and 20 months after the trade date. The initial estimated value is expected to be between $963.20 and $993.20 per $1,000 principal and will be less than the original issue price. If the final underlier level is below the 90.00% threshold, losses occur proportionally (approximately 1.1111% loss in principal for each 1% shortfall); holders could lose a substantial portion or all of their investment. Notes are senior unsecured obligations of Royal Bank of Canada, not listed, not redeemable prior to maturity, and subject to issuer credit risk and index‑related adjustments.

Royal Bank of Canada issues 1,931,886 Accelerated Return Notes® linked to the iShares® U.S. Aerospace & Defense ETF (ITA) with a $10 principal amount per unit, totaling $19,318,860, priced on June 25, 2026 and maturing on August 27, 2027. The notes provide 3-to-1 participation in positive performance of the Market Measure subject to a capped redemption of $12.10 per unit (21.00% return). The Starting Value for the Market Measure is $237.38. The initial estimated value was $9.68 per unit, below the public offering price. All payments are unsecured and subject to the credit risk of Royal Bank of Canada.

Royal Bank of Canada is offering Auto-Callable Enhanced Return Barrier Notes linked to an equally weighted basket of five U.S. bank stocks: BAC, C, GS, MS and WFC. The Trade Date is June 25, 2026, Issue Date June 30, 2026 and Maturity/Valuation dates are in June 2029. If the Basket is at or above its Initial Basket Value on the Call Observation Date, the Notes will be automatically called for $1,130 per $1,000 principal (a 13% payment). If not called, final payoff depends on the Final Basket Value, with a Participation Rate of 150% for positive Basket returns and a Barrier Value of 70% of the Initial Basket Value; if the Final Basket Value is below the Barrier Value, investors suffer proportional principal loss at maturity. The initial estimated value is $968.81 per $1,000; public offering price equals par. All payments are subject to Royal Bank of Canada credit risk and the pricing supplement highlights underwriting compensation, potential conflicts, tax treatment and market‑value risks.

Royal Bank of Canada is offering principal-protected variable-return structured notes linked to a weighted basket of five international equity indices. Each note has a $1,000 principal amount and a buffer level of 87.50%. If the final basket level is ≥ the initial level, holders receive the greater of a threshold settlement amount (expected between $1,206.20 and $1,242.50 per $1,000) or the principal plus the basket return; if the final basket level is below the buffer, holders absorb amplified losses. The initial estimated value at issuance is expected between $961.70 and $991.70 per $1,000. Terms (trade date, determination date, stated maturity) and exact pricing will be set in the final pricing supplement.

Royal Bank of Canada is offering Auto-Callable Enhanced Return Dual Directional Barrier Notes linked to Broadcom Inc. and Cisco Systems, Inc. The offering totals $1,950,000 at a public offering price of 100.00% (per $1,000 principal amount). The Notes have an Issue Date of June 30, 2026, a Valuation Date of June 25, 2029, and a Maturity Date of June 28, 2029. If automatically called after the Call Observation Date, investors receive $1,400 per $1,000. If not called, payments at maturity depend on the Final Underlier Value of the Least Performing Underlier, a 50% Barrier, and a 200% Participation Rate, with potential for substantial principal loss; all payments are subject to the Bank’s credit risk.

Royal Bank of Canada is offering Capped Enhanced Return Buffer Notes linked to the S&P 500® Index. The offering totals $4,250,000 at par (100.00%) in minimum denominations of $1,000. The notes mature on July 29, 2027 with a valuation date of July 26, 2027. Payments at maturity depend on the Final Underlier Value versus the Initial Underlier Value (7,357.49) and a Buffer Value of 85% of that initial level. The terms include a 200% Participation Rate capped by a 11.40% Maximum Return (maximum payment $1,114 per $1,000). If the Final Underlier Value falls below the Buffer Value, investors absorb losses reduced by a 15% buffer. All payments are subject to the Bank’s credit risk and described tax and market risks.

Royal Bank of Canada is offering Capped Enhanced Return Buffer Notes linked to the EURO STOXX 50® Index. The offering shows a total price to public of $195,000 and proceeds to the Bank of $190,612.50. Trade Date is June 25, 2026, Issue Date June 30, 2026 and Maturity Date June 29, 2028. The Notes pay at maturity based on the Underlier performance with a Participation Rate of 200%, a Maximum Return of 19% (maximum payment $1,190 per $1,000) and a Buffer Percentage of 15%. Initial Underlier Value is 6,267.53 and Buffer Value is 5,327.40. The initial estimated value per $1,000 is $951.49, which is below the public offering price. All payments are subject to Royal Bank of Canada credit risk; investors may lose a substantial portion of principal if the Final Underlier Value is below the Buffer Value.

Royal Bank of Canada is offering Auto-Callable Enhanced Return Barrier Notes linked to the Russell 2000® Index. The pricing supplement shows a public offering amount of $373,000 and a per-note public offering price of 100% ($1,000 per note). The notes trade on a June 25, 2026 trade date, issue on June 30, 2026, have a valuation date of June 25, 2029 and mature on June 28, 2029.

Key economic terms: a 112% payoff on an automatic call ($1,120 per $1,000) if the Underlier on the Call Observation Date is at or above the Initial Underlier Value; a 125% Participation Rate at maturity if not called; a Barrier equal to 75% of the Initial Underlier Value (2,255.894 index points given the Initial Underlier Value of 3,007.858). All payments are subject to Royal Bank of Canada credit risk. The initial estimated value is $968.61 per $1,000 principal amount.

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 June 25, 2026 and an Issue Date of June 30, 2026. Investors receive a monthly Contingent Coupon of $13.958 per $1,000 (1.3958% monthly; 16.75% per annum) when the Underlier is at or above the Coupon Threshold on observation dates. The Notes may be auto-called if the Underlier equals or exceeds the Initial Underlier Value on a Call Observation Date, in which case holders receive principal plus the then-due Contingent Coupon. At maturity (if not called), investors receive $1,000 if the Final Underlier Value is at or above the Barrier Value; otherwise repayment equals $1,000 × (1 + Underlier Return), which can result in substantial principal loss. All payments are subject to the Bank’s credit risk. The pricing shows an initial estimated value of $945.66 per $1,000 and a public offering price of par per $1,000.

Royal Bank of Canada is offering Capped Return Dual Directional Buffer Notes linked to the S&P 500® Index. The Notes have a Trade Date of June 25, 2026, Issue Date June 30, 2026, a Valuation Date of June 26, 2028 and a Maturity Date of June 29, 2028. Payments at maturity depend on the Underlier Return, with a Participation Rate of 100%, a Maximum Upside Return of 18.75% (maximum payment $1,187.50 per $1,000) and a Buffer Percentage of 10%. The initial estimated value is $962.16 per $1,000 and the public offering price is par; underwriting discounts and commissions are disclosed on the cover. All payments are subject to the Bank's credit risk and the Notes are not FDIC- or CDIC-insured.

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 have a Participation Rate of 152%, an Issue Date of June 30, 2026, a Trade Date of June 25, 2026, and a Maturity Date of June 30, 2031. Investors receive principal plus 152% of positive Underlier Return if the Final Underlier Value exceeds the Initial Underlier Value; otherwise, investors receive the $1,000 principal per note. Payments are subject to Royal Bank of Canada credit risk and the Underlier is subject to multiple deductions (including a 0.5% annual decrement fee and transaction/funding costs) that will reduce index performance.

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 par with an initial estimated value of $964.08 per $1,000 and a public offering price of $1,000 per $1,000 principal amount. Investors may receive a contingent monthly coupon of $7.083 per $1,000 (8.50% per annum) when each underlier is at or above its coupon threshold on the prior observation date. The notes may be automatically called on monthly Call Observation Dates beginning December 28, 2026 if each underlier is at or above its Initial Underlier Value; if not called, payment at maturity depends on the Final Underlier Value of the least performing index relative to its 75% Barrier Value, which can result in loss of principal. Trade Date is June 25, 2026, Issue Date June 30, 2026, Valuation Date July 26, 2027, and Maturity Date July 29, 2027.

Royal Bank of Canada is offering Capped Return Dual Directional Buffer Notes linked to the least performing of the Dow Jones Industrial Average and the S&P 500. The issue totals $2,595,000 at a per-note offering price equal to par. The notes mature on June 29, 2028 with a valuation date of June 26, 2028.

The notes pay at maturity based on the Underlier Return of the least performing index: upside participation is 100% up to a 22.50% Maximum Upside Return (maximum payment $1,225 per $1,000). A 20% Buffer protects against losses down to 80% of the initial level; losses beyond the buffer reduce principal pro rata. The issuers credit risk applies to all payments. The initial estimated value is $988.13 per $1,000, below the public offering price.

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Geared Buffer Notes linked to the least performing of four indices. The notes have a Trade Date of June 30, 2026, an Issue Date of July 6, 2026, a Valuation Date of June 29, 2029 and a Maturity Date of July 5, 2029. Investors may receive monthly contingent coupons of $11.25 per $1,000 (a stated 13.50% annualized rate) only if each Underlier meets its coupon threshold on the applicable observation date, and the notes are auto-called if, on a Call Observation Date, each Underlier is at or above its Initial Underlier Value. Principal protection is conditional: a 35% buffer applies before losses are allocated using a Downside Multiplier of approximately 1.53846, so investors can lose some or all principal at maturity. Payments are subject to the issuer's credit risk and various tax and market considerations described in the supplement.

Royal Bank of Canada is offering $580,000 of Geared Buffer Digital Notes linked to Amazon.com, Inc. common stock due July 12, 2027. Each $1,000 note is sold at 100% of principal with an initial estimated value of $977.03 per $1,000. The structure pays a Digital Return of 13.48% if the Final Underlier Value is at or above an 80% Buffer Value ($187.42 based on an Initial Underlier Value of $234.27), and exposes investors to amplified losses below the buffer using a Downside Multiplier of 1.25. All payments are subject to the Bank’s credit risk and the pricing supplement highlights limited secondary market liquidity and tax treatment uncertainties.

Royal Bank of Canada is offering $45,000 of Capped Enhanced Return Barrier Notes linked to the Solactive Equal Weight U.S. Semi Conductor Select AR Index, due June 30, 2031. The notes have a Participation Rate of 300%, a Maximum Return of 163.20% (maximum payment $2,632 per $1,000) and a Barrier equal to 70% of the Initial Underlier Value (Barrier Value 53,594.53). Trade Date is June 25, 2026 and Issue Date is June 30, 2026. Payments at maturity depend on the Final Underlier Value: upside is 300% of the Underlier Return capped at the Maximum Return; if the Final Underlier Value is between the Initial and the Barrier, principal is returned; if below the Barrier, holders suffer a pro rata loss of principal. The initial estimated value is $890.74 per $1,000, which is lower than the public offering price; underwriting discount is 3.625%. All payments are subject to Royal Bank of Canada credit risk and the notes are not deposit insurance protected.

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 mature on December 31, 2029 with a valuation date of December 26, 2029 and a Participation Rate of 105%. Investors receive principal at maturity if the Final Underlier Value is less than or equal to the Initial Underlier Value; if the Underlier increases, investors receive principal plus 105% of the Underlier Return. Payments are subject to the Bank’s credit risk. The pricing supplement discloses offering economics, an initial estimated value below the public offering price, index methodology, fees and deductions that reduce index performance, tax treatment as contingent payment debt instruments, and distribution conflicts of interest.