加拿大丰业银行美股招股说明书(2025-01-07版)

STRUCTURED INVESTMENTS Opportunities in U.S. Equities$7,601,000 Contingent Income Auto-Callable Securities due January 8, 2026Based on the Performance of the Common Stock of The Cigna Group Principal at Risk Securities Contingent Income Auto-Callable Securities (the “securities”) do not guarantee the repayment of principal and do not provide for the regular payment of interest. Instead, thesecurities offer the opportunity for investors to earn a contingent quarterly coupon with respect to each determination date on which the closing price of the underlying stock isgreater than or equal to65% of the initial share price, which we refer to as the downside threshold price. If the closing price of the underlying stock on any determination date(including the final determination date) isgreater than or equal tothe downside threshold price, BNS will pay on the related contingent coupon payment date a contingentquarterly coupon, plus any previously unpaid contingent quarterly coupons with respect to any previous determination dates pursuant to the memory coupon feature. Otherwise, nocontingent quarterly coupon will be paid on that contingent coupon payment date. In addition, if the closing price of the underlying stock on any determination date other than thefinal determination date isgreater thanor equal tothe call threshold price, the securities will be automatically redeemed for an amount per security equal to (i) the stated principalamount plus (ii) the contingent quarterly coupon otherwise payable with respect to the applicable determination date and any previously unpaid contingent quarterly coupons withrespect to any previous determination dates pursuant to the memory coupon feature. No further payments will be made on the securities once they have been redeemed. However,if the closing price of the underlying stock on any determination date isless thanthe call threshold price, the securities will not be automatically redeemed and, if the closing priceisless thanthe downside threshold price, you will not receive any contingent quarterly coupon with respect to the applicable determination date or any previously unpaidcontingent quarterly coupons with respect to any previous determination dates pursuant to the memory coupon feature. As a result, if the closing price of the underlying stock oneach of the determination dates isless thanthe downside threshold price, you will receive no contingent quarterly coupons during the term of, and will not receive a positive returnon, the securities. Investors must be willing to accept the risk of not receiving any contingent quarterly coupons during the term of the securities. Furthermore, if the final share priceof the underlying stock isless thanthe downside threshold price, BNS will pay you a cash payment per security that will be less than 65% of the stated principal amount and couldbe zero and you will be exposed on a 1-to-1 basis to the decline of the final share price relative to the initial share price. In this scenario, you will lose a significant portion or all ofyour investment in the securities.Accordingly, the securities do not guarantee any return of principal at maturity.Investors will not participate in any appreciation of theunderlying stock and will not realize a return beyond the returns represented by the contingent quarterly coupons received, if any, during the term of the securities. These securitiesare for investors who are willing to risk their entire investment and seek an opportunity to earn interest at a potentially above-market rate in exchange for the risk of receiving nointerest over the entire term of the securities. The securities are senior unsecured debt securities issued by The Bank of Nova Scotia (“BNS”). The securities are notes issued aspart of BNS’ Senior Note Program, Series A. All payments on the securities are subject to the credit risk of BNS. If BNS were to default on its payment obligations, you may not receive any amounts owed to youunder the securities and you could lose your entire investment in the securities. These securities are not secured obligations and you will not have any securityinterest in, or otherwise have any access to, any underlying reference asset or assets. Neither the Securities and Exchange Commission (the “SEC”) nor any other regulatory body has approved or disapproved of these securities or passed upon the accuracy or adequacy of this document, the accompanying product supplement, the prospectus supplement or the prospectus. Any representation to the contrary is a Additional Information About BNS and theSecurities You should read this pricing supplement together with the prospectus dated November 8, 2024,as supplemented by the prospectus supplement dated November 8, 2024 and the productsupplement (Market-Linked Notes, Series A) dated November 8, 2024, relating to our Senior NoteProgram, Series A, of which these securities are a part. Capitalized terms used but not defined inthis pricing supplement