加拿大皇家银行美股招股说明书(2026-06-30版)

Pricing Supplement Auto-Callable Contingent Coupon Barrier Notes withMemory Coupon,Each Linked to a Different Underlier, Pricing Supplement dated June 26, 2026 to the Prospectusdated December 20, 2023, the Prospectus Supplementdated December 20, 2023 and the Product SupplementNo. 1B dated July 22, 2025 Royal Bank of Canada Royal Bank of Canada is offering four separate Auto-Callable Contingent Coupon Barrier Notes with Memory Coupon(with respect to an offering, the “Notes”), each linked to the performance of a class of equity securities of a specificcompany (with respect to an offering, the “Underlier”) as set forth in the table below. You may participate in one or more ofthe offerings. Each offering has its own terms, and references in this pricing supplement to the Notes, the Underlier or any terms of the Notes apply to each individual offering separately. The performance of the Notes in an offering will not depend Contingent Coupons with Memory Feature— If the Notes have not been automatically called, investors willreceive a Contingent Coupon on a quarterly Coupon Payment Date if the closing value of the Underlier is greaterthan or equal to the Coupon Threshold on the immediately preceding Coupon Observation Date. A ContingentCoupon that is not payable on a Coupon Payment Date may be paid later, but only if the closing value of the Call Feature— If, on any quarterly Call Observation Date beginning approximately six months following the TradeDate, the closing value of the Underlier is greater than or equal to the Initial Underlier Value, the Notes will beautomatically called for 100% of their principal amountplusthe Contingent Coupon and any unpaid ContingentCoupons otherwise due. No further payments will be made on the Notes. Contingent Return of Principal at Maturity— If the Notes are not automatically called and the Final UnderlierValue is greater than or equal to the Barrier Value, at maturity, investors will receive the principal amount of theirNotesplusthe Contingent Coupon and any unpaid Contingent Coupons otherwise due. If the Notes are notautomatically called and the Final Underlier Value is less than the Barrier Value, at maturity, investors will lose 1% The Notes will not be listed on any securities exchange.Investing in the Notes involves a number of risks. See “Selected Risk Considerations” beginning on page P-7 of this pricing supplement and “Risk Factors” in the accompanying prospectus, prospectus supplement andproduct supplement. None of the Securities and Exchange Commission (the “SEC”), any state securities commission or any other regulatorybody has approved or disapproved of the Notes or passed upon the adequacy or accuracy of this pricing supplement. Anyrepresentation to the contrary is a criminal offense. The Notes will not constitute deposits insured by the Canada DepositInsurance Corporation, the U.S. Federal Deposit Insurance Corporation or any other Canadian or U.S. governmentalagency or instrumentality. The Notes are not bail-inable notes and are not subject to conversion into our common shares We or one of our affiliates may pay varying selling concessions of up to $25.00 per $1,000 principal amount of Notes inconnection with the distribution of the Notes to other registered broker-dealers. Certain dealers who purchase the Notesfor sale to certain fee-based advisory accounts may forgo some or all of their underwriting discount or selling concessions.The public offering price for investors purchasing the Notes in these accounts may be between $975.00 and $1,000.00 per$1,000 principal amount of Notes. In addition, we or one of our affiliates may pay a broker-dealer that is not affiliated withus a referral fee of up to $2.50 per $1,000 principal amount of Notes. See “Supplemental Plan of Distribution (Conflicts of value, is set forth above per $1,000 principal amount of Notes and is less than the public offering price of the Notes. Themarket value of the Notes at any time will reflect many factors, cannot be predicted with accuracy and may be less thanthis amount. We describe the determination of the initial estimated value in more detail below. RBC Capital Markets, LLC Auto-Callable Contingent CouponBarrier Notes with Memory Coupon,Each Linked to a Different Underlier KEY TERMS The information in this “Key Terms” section is qualified by any more detailed information set forth in this pricingsupplement and in the accompanying prospectus, prospectus supplement and product supplement. Issuer:Underwriter: Royal Bank of CanadaRBC Capital Markets, LLC (“RBCCM”)$1,000 and minimum denominations of $1,000 in excess thereofEach offering has its own terms, as set forth below and on the cover page of this pricingsupplement. Trade Date:Issue Date:Valuation Date:*Maturity Date:*Payment of Contingent If the Notes have not been automatically called, investors will receive a ContingentCoupon on a Coupon Payment Date if the closing value of the Underlier isgreater than If a