The Bank of Nova Scotia$284,000 Capped Trigger Participation Notes Linked to the S&P 500® Equal Weight Index Due February 3, 2028 As described in the pricing supplement dated January 31, 2025 related to the notes referred to above with the CUSIPand ISIN referred to below (the “pricing supplement”), the initial level is the lowest closing level of the reference assetduring the observation period which ended on April 30, 2025.Accordingly, the initial level has been determined and is as Initial level: the lowest closing level of the reference asset during the observation period, which was 6,199.97 (the closinglevel of the reference asset on April 8, 2025) CUSIP no.: 06418VCB8 ISIN no.: US06418VCB80 Investment in the notes involves certain risks. You should refer to “Additional Risks” beginning on page P-14 ofthe accompanying pricing supplement and “Additional Risk Factors Specific to the Notes” beginning on pagePS-6 of the accompanying product supplement and “Risk Factors” beginning on page S-2 of the accompanying Neither the United States Securities and Exchange Commission nor any state securities commission hasapproved or disapproved of the notes or passed upon the accuracy or the adequacy of this addendum, theaccompanyingpricing supplement,the accompanying prospectus,prospectus supplement,underlier The notes are not insured by the Canada Deposit Insurance Corporation pursuant to the Canada DepositInsurance Corporation Act or the U.S. Federal Deposit Insurance Corporation or any other government agencyof Canada, the United States or any other jurisdiction. You should read this addendum together with the accompanying pricing supplement and the product supplement,underlying supplement, prospectus supplement and prospectus, each of which can be accessed via the hyperlinks Pricing Supplement dated January 31, 2025: http://www.sec.gov/Archives/edgar/data/9631/000183988225006715/bns_424b2-03148.htmProduct Supplement (Market-Linked Notes, Series A) dated November 8, 2024:http://www.sec.gov/Archives/edgar/data/9631/000183988224038316/bns_424b2-21309.htmUnderlier Supplement dated November 8, 2024:http://www.sec.gov/Archives/edgar/data/9631/000183988224038308/bns_424b2-21314.htmProspectus Supplement dated November 8, 2024:http://www.sec.gov/Archives/edgar/data/9631/000183988224038303/bns_424b3-21311.htmProspectus dated November 8, 2024:http://www.sec.gov/Archives/edgar/data/9631/000119312524253771/d875135d424b3.htm