加拿大丰业银行美股招股说明书(2025-05-27版)

1% decrease from the Initial Value to the Final Value of more than 25.00% and you may lose up to 100% of the Principal AmountThe Notes do not bear interest or pay any coupons prior to maturity The Trade Date is expected to be May 30, 2025 and the Notes are expected to settle on June 4, 2025 and will have a term ofapproximately 2 yearsMinimum investment of $10,000 and integral multiples of $1,000 in excess thereof CUSIP / ISIN: 06418VC85 / US06418VC851See “Summary” beginning on page P-3 herein for additional information and definitions of the terms used but not defined aboveAll payments on the Notes will be made in cash and will only be paid at maturity.Any payment on your Notes is subject to thecreditworthiness of the Bank.Investment in the Notes involves certain risks. You should refer to “Additional Risks” beginning on page P-10 of this pricing 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$946.79 and $976.79 per $1,000 Principal Amount, which will be less than the Original Issue Price of your Notes listed below.See reflect many factors and cannot be predicted with accuracy.Per NoteTotal100.00%$ Proceeds to The Bank of Nova Scotia(1)The Original Issue Price for certain fiduciary accounts may be as low as $985.00. (2)Scotia Capital (USA) Inc. (“SCUSA”), our affiliate, will purchase the Notes at the Original Issue Price and, as part of the distribution of the Notes, will sellthe Notes to J.P. Morgan Securities LLC (“JPMS”). JPMS and its affiliates will act as placement agents for the Notes (together, with SCUSA the Neither the United States Securities and Exchange Commission (the “SEC”) nor any state securities commission has approved ordisapproved of the Notes or passed upon the accuracy or the adequacy of this pricing supplement, the accompanying product supplement, underlier supplement, prospectus supplement 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 agencyof Canada, the United States or any other jurisdiction. Pricing Supplement dated [], 2025 Scotia Capital (USA) Inc.J.P. Morgan Securities LLCPlacement Agent As described on the cover of this pricing supplement, JPMS and its affiliates will act as the placement agents for the Notes. Ouraffiliate, 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 NotesOn 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 certain The economic terms of the Notes are based on the Bank’s internal funding rate, which is the rate the Bank would pay to borrowfunds through the issuance of similar market-linked notes, the underwriting discount and the costs associated with selling andstructuring the Notes, including the economic terms of certain related hedging arrangements. Due to these factors, the OriginalIssue Price you pay to purchase the Notes will be greater than the initial estimated value of the Notes. The Bank’s internal funding fixed-rate debt securities” herein. The Bank’s use of its internal funding rate reduces the economic terms of the Notes to you. Original Issue Date because, in our discretion, we may elect to effectively reimburse to investors a portion of the estimated cost ofhedging our obligations under the Notes and other costs in connection with the Notes that we will no longer expect to incur overthe term of the Notes. We made such discretionary election and determined this temporary reimbursement period on the basis of The Bank of Nova Scotia (the “Bank”)Senior Note Program, Series A06418VC85 / US06418VC851Type of Notes:Dual Directional Capped Buffered Notes Minimum Investment andDenominations:$10,000 and integral multiples of $1,000 in excess thereofPrincipal Amount:$1,000 per Note; $[•] in the aggregateOriginal Issue Price:100% of the Principal Amount of each NoteMay 30, 2025 settlement day (“T+1”), unless the parties to any such trade expressly agree otherwise.Accordingly, purchasers who wish to trade the Notes prior to one DTC settlement day beforedelivery of the Notes will be required, by virtue of the fact