加拿大丰业银行美股招股说明书(2025-06-03版)

The Trade Date is expected to be June 6, 2025 and the Notes are expected to settle on June 11, 2025 and will have a term ofapproximately 13 months Minimum investment of $10,000 and integral multiples of $1,000 in excess thereofCUSIP / ISIN: 06418VXG4 / US06418VXG49See “Summary” beginning on page P-3 herein for additional information and definitions of the terms used but not defined above creditworthiness of the Bank.Investment in the Notes involves certain risks. You should refer to “Additional Risks” beginning on page P-9 of this pricingsupplement and “Additional Risk Factors Specific to the Notes” beginning on page PS-6 of the accompanying product supplementand “Risk Factors” beginning on page S-2 of the accompanying prospectus supplement and on page 8 of the accompanying 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$955.04 and $985.04 per $1,000 Principal Amount, which will be less than the Original Issue Price of your Notes listed below.See“Additional Information Regarding Estimated Value of the Notes” on the following page and “Additional Risks – Risks Relating to Estimated reflect many factors and cannot be predicted with accuracy. 100.00%Underwriting commissions(2)1.042% (1)The Original Issue Price for certain fiduciary accounts may be as low as $989.58.(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 sell “Agents”). The placement agents will receive a fee of 1.042% per Note, but will forgo fees for sales to fiduciary accounts. The total fees represent theamount that the placement agents receive from sales to accounts other than fiduciary accounts. 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 The Notes are not insured by the Canada Deposit Insurance Corporation (the “CDIC”) pursuant to the Canada Deposit InsuranceCorporation Act (the “CDIC Act”) or the U.S. Federal Deposit Insurance Corporation (the “FDIC”) or any other government agency Pricing Supplement dated [•], 2025 The Notes offered hereunder are unsubordinated and unsecured obligations of the Bank and are subject to investment risksincluding the credit risk of the Bank. As used in this pricing supplement, the “Bank,” “we,” “us” or “our” refers to The Bank of NovaScotia. The Notes will not be listed on any U.S. securities exchange or automated quotation system. the Reference Asset or the assets held by the Reference Asset (the “Reference Asset Constituents”). By acquiring the Notes, youwill not have a direct economic or other interest in, claim or entitlement to, or any legal or beneficial ownership of, any such share,unit or security and will not have any rights as a shareholder, unitholder or other security holder of any of the foregoing, includingwithout limitation, any voting rights or rights to receive any dividends or other distributions.As described on the cover of this pricing supplement, JPMS and its affiliates will act as the placement agents for the Notes. Our youotherwise 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(Conflicts of Interest)” in the accompanying product supplement. On 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 Original The Bank of Nova Scotia (the “Bank”)Senior Note Program, Series A06418VXG4 / US06418VXG49 Reference Asset:The shares of the SPDR®Gold Shares(Bloomberg Ticker: GLD UP)Minimum Investment andDenominations:$10,000 and integral multiples of $1,000 in excess thereofPrincipal Amount:$1,000 per Note; $[•] in the aggregate We expect that delivery of the Notes will be made against payment therefor on or about thethird DTC settlement day following the date of pricing of the Notes (this settlement cycle beingreferred to as “T+3”). Under Rule 15c6-1 of the Securities Exchange Act of 1934, as amended,trades in the secondary market generally are required to settle in one DTC settlement day(“T+1”),unless the parties to any such trade expressly agree otherwise.Acco