丰业银行美股招股说明书(2026-06-26版)

General Any capitalized terms used but not defined in the following bullets have the meaning set forth under “Summary” in this pricing supplement. ￭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￭Payments on the Notes are based on the performance of the common stock of Axon Enterprise, Inc. (the “Reference Asset”), asdescribed below￭The Notes will be automatically called if the Closing Value of the Reference Asset on any Call Observation Date is equal to or greaterthan the Initial Value￭If the Notes have not been automatically called and the Closing Value on any Contingent Coupon Observation Date (as specified inthis pricing supplement) is equal to or greater than the Contingent Coupon Barrier Value, the Notes will pay a Contingent Coupon (asspecified under “Summary” below) on the corresponding Contingent Coupon Payment Date￭If the Notes are not automatically called, the Payment at Maturity will be based solely on the Reference Asset Return (which measuresthe performance of the Reference Asset from the Initial Value to the Final Value);￭the Final Value will be the Closing Value of the Reference Asset on the Final Valuation Date￭If the Notes are not automatically called and the Final Value is equal to or greater than the Barrier Value, you will receive the Principal All payments on the Notes will be made in cash.Any payment on your Notes is subject to the creditworthiness of the Bank. Investment in the Notes involves certain risks. You should refer to “Additional Risks” beginning on page P-10 herein and“Additional Risk Factors Specific to the Notes” beginning on page PS-6 of the accompanying product supplement and “RiskFactors” beginning on page S-2 of the accompanying prospectus supplement and on page 8 of the accompanying prospectus. The initial estimated value of your Notes at the time the terms of your Notes are set on the Trade Date is expected to be between$928.78 and $958.78 per $1,000 Principal Amount, which will be less than the Original Issue Price of your Notes listed below.See“Additional Information Regarding Estimated Value of the Notes” on the following page and “Additional Risks—Risks Relating to EstimatedValue and Liquidity” beginning on page P-11 of this document for additional information. The actual value of your Notes at any time will Original Issue PriceUnderwriting commissionsProceeds to The Bank of Nova Scotia Neither the United States Securities and Exchange Commission (the “SEC”) nor any state securities commission has approved or disapproved ofthe Notes or passed upon the accuracy or the adequacy of this pricing supplement, the accompanying product supplement,prospectussupplement 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 Insurance Corporation Act(the “CDIC Act”) or the U.S. Federal Deposit Insurance Corporation (the “FDIC”) or any other government agency of Canada, the United States orany other jurisdiction. 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 direct investment in the Reference Asset. By acquiring the Notes, you will not have a directeconomic or other interest in, claim or entitlement to, or any legal or beneficial ownership of the Reference Asset, including without Our affiliate, SCUSA, may use the final pricing supplement to which this preliminary pricing supplement relates in market-makingtransactions in the Notes after their initial sale. Unless we, SCUSA or another of our affiliates selling such Notes to you informsyouotherwise in the confirmation of sale,this pricing supplement is being used in a market-making transaction.See“Supplemental Plan of Distribution (Conflicts of Interest)” in this pricing supplement and “Supplemental Plan of Distribution Additional Information Regarding Estimated Value of the Notes On the cover page of this pricing supplement, the Bank has provided the initial estimated value range for the Notes. This range ofinitial estimated values was determined by reference to the Bank’s internal pricing models, which take into consideration certainfactors, such as the Bank’s internal funding rate on the Trade Date and the Bank’s assumptions about market parameters. Formore information about the initial estimated value, see “Additional Risks — Risks Relating to Estimate