加拿大皇家银行美股招股说明书(2025-02-18版)

Pricing Supplement $1,515,000Capped Enhanced Return Buffer NotesLinked to the MSCI EAFE®Index,Due August 18, 2026 Pricing Supplement dated February 13, 2025 to theProspectus dated December 20, 2023, the ProspectusSupplement dated December 20, 2023, the UnderlyingSupplement No. 1A dated May 16, 2024 and the ProductSupplement No. 1A dated May 16, 2024 Royal Bank of Canada Royal Bank of Canada is offering Capped Enhanced Return Buffer Notes (the “Notes”) linked to the performance of theMSCI EAFE®Index (the “Underlier”). ·Capped Enhanced Return Potential— If the Final Underlier Value is greater than the Initial Underlier Value, atmaturity, investors will receive a return equal to 200% of the Underlier Return, subject to the Maximum Return of21.10%.·Contingent Return of Principal at Maturity— If the Final Underlier Value is less than or equal to the InitialUnderlier Value, but is greater than or equal to the Buffer Value (90% of the Initial Underlier Value), at maturity,investors will receive the principal amount of their Notes. If the Final Underlier Value is less than the Buffer Value,at maturity, investors will lose 1% of the principal amount of their Notes for each 1% that the Final Underlier Valueis less than the Initial Underlier Value in excess of the Buffer Percentage of 10%.·The Notes do not pay interest.·Any payments on the Notes are subject to our credit risk.·The Notes will not be listed on any securities exchange. CUSIP:78017KRE4 Investing in the Notes involves a number of risks. See “Selected Risk Considerations” beginning on page P-6 ofthis 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 sharesunder subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act. Price to public Underwriting discounts and commissions(1)Proceeds to Royal Bank of Canada (1)RBC Capital Markets, LLC, acting as our agent, will not receive a commission in connection with its sales of the Notes.See “Supplemental Plan of Distribution (Conflicts of Interest)” below. The initial estimated value of the Notes determined by us as of the Trade Date, which we refer to as the initial estimatedvalue, is $993.44 per $1,000 principal amount of Notes and is less than the public offering price of the Notes. The marketvalue of the Notes at any time will reflect many factors, cannot be predicted with accuracy and may be less than thisamount. We describe the determination of the initial estimated value in more detail below. RBC Capital Markets, LLC KEY TERMS The information in this “Key Terms” section is qualified by any more detailed information set forth in this pricingsupplementand in the accompanying prospectus,prospectus supplement,underlying supplement and productsupplement. Royal Bank of CanadaRBC Capital Markets, LLC (“RBCCM”)Minimum Investment:$1,000 and minimum denominations of $1,000 in excess thereofThe MSCI EAFE®Index Issuer:Underwriter:Underlier: Trade Date:Issue Date:Valuation Date:*Maturity Date:*Payment at Maturity: If the Final Underlier Value is less than the Buffer Value, you will lose some or a substantialportion of your principal amount at maturity. All payments on the Notes are subject to our creditrisk. The closing value of the Underlier on the Valuation DateRBCCM * Subject to postponement. See “General Terms of the Notes—Postponement of a Determination Date” and “GeneralTerms of the Notes—Postponement of a Payment Date” in the accompanying product supplement. Capped Enhanced Return BufferNotes Linked to the MSCI EAFE®Index ADDITIONAL TERMS OF YOUR NOTES You should read this pricing supplement together with the prospectus dated December 20, 2023, as supplemented by theprospectus supplement dated December 20, 2023, relating to our Senior Global Medium-Term Notes, Series J, of whichthe Notes are a part, the underlying supplement no. 1A dated May 16, 2024 and the product supplement no. 1A datedMay 16, 2024. This pricing supplement, together with these documents, contains the terms of the Notes and supersedesall other prior or contemporaneous oral statements as well as any other written materials, including preliminary orindicative pricing terms, correspondence, trade ideas, structures for implementation, sample structures, fact sheets,brochures or other educational materials of ours. We have not authorized anyone to provide any information or to make any