$6,668,000 Autocallable Contingent Buffered Return Enhanced NotesLinked to the shares of the SPDR®Gold Trust due March 9, 2028 General ■The notes offered by this pricing supplement (the “Notes”) are unsubordinated and unsecured debt securities of The Bank of NovaScotia (the “Bank”) and any payments on the Notes are subject to the credit risk of the Bank■The Notes will be automatically called if the Closing Value of the shares of the SPDR®Gold Trust (the “Reference Asset”) on theReview Date isequal to or greater than100.00% of the Initial Value (the “Call Value”), in which case you will receive a cash paymentper Note equal to the Principal Amountplusthe Call Premium of $156.30 (15.63% of the Principal Amount). No further amounts will beowed on the Notes.■If the Notes are not automatically called and the Closing Value of the Reference Asset on the Final Valuation Date (the “Final Value”) isgreater thanthe Initial Value, you will receive a return at maturity equal to 125.00%timesany positive performance of the ReferenceAsset■If the Notes are not automatically called and the Final Value isequal to or less thanthe Initial Value andequal to or greater than90.00% of the Initial Value (the “Buffer Value”), you will receive the Principal Amount■If the Notes are not automatically called and the Final Value is less than the Buffer Value, you will lose approximately 1.1111% of thePrincipal Amount of the Notes for each 1% that the Final Value is less than the Initial Value in excess of 10.00% and you may lose upto 100% of the Principal Amount■The Notes do not bear interest or pay any coupons prior to maturity■The Trade Date was March 6, 2026 and the Notes will settle on March 11, 2026 and will have a term of approximately 24 months, if notautomatically called prior to maturity■Minimum investment of $10,000 and integral multiples of $1,000 in excess thereof■CUSIP / ISIN: 06419H2Z6 / US06419H2Z66■See “Summary” beginning on page P-3 herein for additional information and definitions of the terms used but not defined above Investment in the Notes involves certain risks. You should refer to “Additional Risks” beginning on page P-9 of this pricingsupplement and “Additional Risk Factors Specific to the Notes” beginning on page PS-6 of the accompanying product supplementand “Risk Factors” beginning on page S-2 of the accompanying prospectus supplement and on page 8 of the accompanyingprospectus. The initial estimated value of your Notes at the time the terms of your Notes were set on the Trade Date was $973.86 per $1,000Principal Amount, which is less than the Original Issue Price of your Notes listed below.See “Additional Information RegardingEstimated Value of the Notes” on the following page and “Additional Risks — Risks Relating to Estimated Value and Liquidity” beginning onpage P-11 of this document for additional information. The actual value of your Notes at any time will reflect many factors and cannot bepredicted with accuracy.Per NoteTotal Original Issue Price(1)Underwriting commissions(2)Proceeds to The Bank of Nova Scotia (1)The Original Issue Price for certain fiduciary accounts may have been as low as $985.00. (2)Scotia Capital (USA) Inc. (“SCUSA”), our affiliate, has agreed to purchase the Notes at the Original Issue Price and, as part of the distribution of theNotes, has agreed to sell the Notes to J.P. Morgan Securities LLC (“JPMS”). JPMS and its affiliates have agreed to act as placement agents for theNotes (together, with SCUSA the “Agents”). The placement agents will receive a fee of 1.50% per Note, but will forgo fees for sales to fiduciary accounts.The total fees represent the amount that the placement agents receive from sales to accounts other than fiduciary accounts.Neither the United States Securities and Exchange Commission (the “SEC”) nor any state securities commission has approved or disapproved of the Notes or passed upon the accuracy or the adequacy of this pricing supplement, the accompanying productsupplement, underlier supplement, prospectus supplement or prospectus. Any representation to the contrary is a criminal offense.The Notes are not insured by the Canada Deposit Insurance Corporation (the “CDIC”) pursuant to the Canada Deposit InsuranceCorporation Act (the “CDIC Act”) or the U.S. Federal Deposit Insurance Corporation (the “FDIC”) or any other government agencyof Canada, the United States or any other jurisdiction. Pricing Supplement dated March 6, 2026 The Notes offered hereunder are unsubordinated and unsecured obligations of the Bank and are subject to investment risksincluding the credit risk of the Bank. As used in this pricing supplement, the “Bank,” “we,” “us” or “our” refers to The Bank of NovaScotia. The Notes will not be listed on any U.S. securities exchange or automated quotation system. The Notes are derivative products based on the price return of the Reference Asset. All payments on the Notes will be made incash. The Notes do not constitute a hypothetical direct