ROYAL BANK OF CANADA SEC Filings

Royal Bank of Canada is issuing three separate Auto-Callable Contingent Coupon Barrier Notes with Memory Coupon, each linked to a different equity underlier: CrowdStrike Holdings Class A, Alphabet Class A and Workday Class A. Principal amounts are $1,753,000 (CRWD), $1,361,000 (GOOGL) and $1,596,000 (WDAY).

The CRWD and WDAY notes offer a 15.60%15.50% per annum contingent coupon, and the GOOGL note offers 10.25% per annum, payable quarterly if the underlier closes at or above its Coupon Threshold on the observation date, with missed coupons potentially paid later under a memory feature. Notes are auto-callable quarterly from January 15, 2027 if the underlier is at or above its initial value.

If not called, at maturity in July 2029 investors receive full principal only if the final underlier value is at or above the Barrier Value (50% of initial for CRWD and WDAY; 70% for GOOGL). If the final value is below the barrier, repayment is reduced one-for-one with the underlier loss, and investors can lose a substantial portion or all of principal. All payments depend on Royal Bank of Canada’s credit.

Royal Bank of Canada is issuing four Auto-Callable Contingent Coupon Barrier Notes with Memory Coupon, each linked to a single U.S. stock: Amazon.com (AMZN), Apollo Global Management (APO), Best Buy (BBY) and Boston Scientific (BSX). Total principal across the four tranches is $4,324,000, with individual principal amounts of $2,082,000 (AMZN), $600,000 (APO), $208,000 (BBY) and $1,434,000 (BSX).

The notes pay quarterly contingent coupons if the underlier’s closing value is at or above its coupon threshold, with annualized rates of 10.75% (AMZN), 11.25% (APO), 10.00% (BBY) and 10.50% (BSX). Each note is auto-callable if on a call observation date the underlier closes at or above its initial value, in which case investors receive principal plus the due and unpaid coupons and no further payments.

If not called, at maturity in July 2029 investors receive par only if the final underlier value is at or above its barrier value (70% of initial for AMZN, 60% for APO, 50% for BBY, 55% for BSX). If the final value is below the barrier, repayment is reduced one-for-one with the underlier loss, and investors can lose a substantial portion or all of principal. Initial estimated values per $1,000 ($965.90–$974.09) are below the public offering price, and all payments depend on Royal Bank of Canada’s credit.

Royal Bank of Canada is issuing $385,000 of Auto-Callable Contingent Coupon Barrier Notes with Memory Coupon linked to the least performing of Alphabet Class C, JPMorgan Chase and Microsoft common stock, under its senior global medium-term note program.

The notes pay a contingent coupon of $12.50 per $1,000 (1.25% per month, 15.00% per annum) only if on a coupon observation date each underlier is at or above its coupon threshold, set at 70% of its initial value. The notes are automatically callable monthly beginning January 15, 2027 if each underlier is at or above its initial value, in which case investors receive $1,000 plus due and unpaid contingent coupons.

If not called, at maturity on July 19, 2029 investors receive $1,000 per note if the least performing underlier finishes at or above its barrier value of 60% of its initial level, plus any due coupons. If the least performing underlier is below its barrier, repayment is reduced one-for-one with its decline, so investors can lose a substantial portion or all of principal. The price to the public is 100.00% of principal, with a 3.00% underwriting discount and an initial estimated value of $960.73 per $1,000, reflecting structuring and hedging costs.

Royal Bank of Canada is issuing $11,125,000 of Fixed Coupon Geared Buffer Notes linked to the least performing of the Russell 2000 Index and the S&P 500 Index, priced at 100% of principal, with all proceeds to the bank and no underwriting commissions to RBC Capital Markets, LLC.

The notes pay a fixed coupon of $6.417 per $1,000 each month, corresponding to 7.70% per annum, from August 2026 until maturity on January 20, 2028. The initial estimated value is $996.33 per $1,000, below the public offering price, reflecting funding and hedging costs.

At maturity, investors receive full principal only if the Final Value of the Least Performing Underlier is at or above 80% of its Initial Value (the 20% Buffer Percentage). If it falls below this level, principal is reduced using a 1.25 Downside Multiplier, as illustrated by a -50% underlier return yielding $625 per $1,000, plus any final coupon. Investors may lose some or all principal and are exposed to Royal Bank of Canada’s credit risk and complex U.S. tax treatment.

Royal Bank of Canada is offering auto-callable contingent coupon barrier notes linked to the Class A common stock of Meta Platforms, Inc. The notes are priced at 100% of principal, with a 1.75% underwriting discount, so Royal Bank of Canada receives 98.25% of the principal amount.

The notes pay a contingent coupon of at least $28.50 per $1,000 each quarter (at least 2.85% per quarter, 11.40% per year) only when Meta’s closing price is at or above 50% of its initial level. On quarterly observation dates, if Meta closes at or above its initial level, the notes are automatically called and pay $1,000 plus the coupon. If not called and Meta’s final level is at or above the 50% barrier, investors receive $1,000 plus any due coupon; if it is below the barrier, investors receive Meta shares worth less than principal, with losses mirroring the decline and potentially reaching 100%. The initial estimated value is expected between $925 and $975 per $1,000, below the public price, reflecting dealer compensation, funding and hedging costs, and all payments depend on Royal Bank of Canada’s credit.

Royal Bank of Canada is issuing $2,509,000 of Auto-Callable Contingent Coupon Barrier Notes with Memory Coupon linked to the common stock of Morgan Stanley, maturing on January 20, 2028. The notes pay a contingent coupon of $26.40 per $1,000 (2.64% per quarter, 10.56% per annum) on quarterly payment dates only if, on the prior observation date, the underlier’s closing value is at least the coupon threshold of $136.60, which is 60% of the initial underlier value of $227.67. Missed coupons have a memory feature and can be paid later if the test is met.

The notes are automatically called on any quarterly call observation date if the underlier is at or above its initial value, paying $1,000 plus the current and any unpaid coupons, with no further payments. If not called, and the final underlier value is at least the 60% barrier, holders receive $1,000 per note plus any due coupons. If the final value is below the barrier, holders receive shares of Morgan Stanley equal to the physical delivery amount of 4.3923 shares per $1,000 (with cash for fractions) and no coupons, exposing them to losses up to the full principal. The initial estimated value is $978.78 per $1,000, below the public offering price, and the notes are unsecured, unsubordinated obligations of Royal Bank of Canada, not insured or bail-inable. U.S. tax treatment is based on a prepaid financial contract analysis and remains subject to uncertainty.

Royal Bank of Canada is offering Capped Enhanced Return Barrier Notes linked to the State Street SPDR S&P 500 ETF Trust. The notes are issued at 100% of principal, with a 2% underwriting discount and 98% of principal as proceeds to Royal Bank of Canada. Minimum investment is $1,000, with trade, issue and maturity dates of July 17, 2026, July 22, 2026 and September 22, 2027, respectively.

At maturity, investors receive $1,000 plus upside based on 200% of the Underlier return, capped at a Maximum Return of at least 14%. Principal is protected only if the Final Underlier Value is at or above the Barrier Value of 90% of the Initial Underlier Value; below this level, losses mirror the Underlier, up to total loss. The initial estimated value is expected between $924.00 and $974.00 per $1,000. The notes are unsecured obligations subject to Royal Bank of Canada’s credit risk, are not insured, may trade at a substantial discount, and have complex U.S. tax treatment, including potential “constructive ownership” and Section 871(m) considerations.

Royal Bank of Canada is offering S&P 500® Index-linked senior unsecured notes that provide leveraged equity exposure with a capped upside and partial downside protection. The notes pay no interest.

For each $1,000 note, investors receive 140% of any positive S&P 500® return, capped at a maximum settlement amount expected between $1,262.22 and $1,308.42. If the index finishes between 87.50% and 100% of its initial level, principal is returned. Below the 87.50% buffer level, losses increase by about 1.1429% of principal for every 1% drop beyond the buffer, and investors could lose their entire investment. The initial estimated value is expected between $965.00 and $995.00 per $1,000, the notes are not listed, and all payments are subject to Royal Bank of Canada’s credit risk and uncertain tax treatment.

Royal Bank of Canada is issuing senior unsecured, principal-at‑risk notes linked to the S&P 500 Index. The notes mature in about 26–29 months, pay no interest, are not bail‑inable, and are not insured by U.S. or Canadian deposit insurers.

At maturity, each $1,000 note pays a fixed threshold settlement amount, expected between $1,167.30 and $1,196.80, if the S&P 500 final level is at least 85.00% of its initial level. Upside is capped at this amount; investors do not participate in further index gains.

If the index finishes below 85.00% of its initial level, investors lose principal, at about 1.1765% of principal for every 1% the index closes below the threshold, down to a possible total loss. The initial estimated value is expected between $965.00 and $995.00 per $1,000, below the 100% issue price, and the notes will not be listed, so secondary‑market liquidity and pricing may be limited.