加拿大丰业银行美股招股说明书(2025-07-16版)

and Product Supplement dated November 8, 2024)The Bank of Nova Scotia $•Airbag Autocallable Yield NotesLinked to the common stock of Bristol-Myers Squibb Company due on or about July 31, 2026Investment Description date (the “call settlement date”) a cash payment per Note equal to the principal amount plus the coupon otherwise due, and no further payments will be owed to you under the Notes. If the Notes are not subject toan automatic call and the closing level of the underlying asset on the final valuation date (the “final level”) is equal to or greater than the conversion level, BNS will pay you a cash payment per Note at maturity equal to the principal amount. If, however, the Notes are not subject to an automatic call and the final level is less than the conversion level, BNS will deliver to you at maturity a number of shares of the underlyingasset per Note equal to the quotient of (i) the principal amount divided by (ii) the conversion level (rounded to the nearest ten-thousandth of one share, the “share delivery amount”), the value of which is expectedto be worth less than your principal amount and, in extreme situations, you could lose your entire investment. Any fractional share included in the share delivery amount will be paid in cash at an amount equal tothe product of the fractional share and the final level, and, for the avoidance of doubt, if the share delivery amount is less than 1.0000, you will receive an amount in cash per Note at maturity, if anything, based onthe cash value of the share delivery amount.Investing in the Notes involves significant risks. In exchange for receiving a coupon on the Notes, you are accepting the risk of receiving, at maturity, anumber of shares of the underlying asset converted at the conversion level, the value of which is expected to be worth less than your principal amount and, in extreme situations, you could loseyour entire investment. Generally, a higher coupon rate on a Note is associated with a greater risk of loss. The contingent repayment of principal applies only at maturity. Any payment or delivery onthe Notes, including any repayment of principal, is subject to the creditworthiness of BNS. If BNS were to default on its payment obligations, you may not receive any amounts owed to you under the Notes and you could lose your entire investment in the Notes. Income —Unless the Notes have been previously called, BNS will pay a coupon on each coupon paymentdate regardless of the performance of the underlying asset.Automatic Call Feature— BNS will automatically call the Notes and pay you the principal amount of yourNotes plus the coupon otherwise due on the related coupon payment date if the closing level of the underlying asset on any observation date prior to the final valuation date is equal to or greater than the call thresholdlevel. No further payments or deliveries will be owed to you under the Notes. Contingent Repayment of Principal at Maturity with Potential for Full Downside Market Exposure— Ifthe Notes are not subject to an automatic call and the final level is equal to or greater than the conversion level, BNS will repay you the principal amount per Note at maturity. If, however, the final level is less than theconversion level, BNS will deliver to you at maturity a number of shares of the underlying asset per Note equalto the share delivery amount (and, if applicable, cash in lieu of any fractional share), the value of which isexpected to be worth less than the principal amount and, in extreme situations, you could lose your entireinvestment in the Notes. The contingent repayment of principal applies only if you hold the Notes to maturity.Any payment or delivery on the Notes, including any repayment of principal, is subject to the creditworthinessJuly 28, 2025July 31, 2025Coupon Payment DatesMonthly (see page P-4)Quarterly (see page P-4)July 28, 2026July 31, 2026 You should carefully consider the risks described under “Key Risks” beginning on page P-5 and under “Additional Risk Factors Specific to the Notes” beginning on page PS-6 of theaccompanying product supplement and “Risk Factors” beginning on page S-2 of the accompanying prospectus supplement and on page 8 of the accompanying prospectus. Events relating to any of those risks, or other risks and uncertainties, could adversely affect the market value of, and the return on, your Notes. You may lose up to your entire investment inthe Notes. The Notes will not be listed or displayed on any securities exchange or any electronic communications network. The final terms of the Notes will be set on the trade date. Coupons will be paid on each coupon payment date in arrears in equal installments, unless previously subject to an automatic call.BloombergInitialShare Delivery TickerCoupon Rate*LevelCall Threshold LevelConversion LevelAmount**CUSIPISINCommon stock of Bristol-Myers Squibb CompanyBMY9.00% to 10.10% perannum$•100.00% of the Initial Level85.00% of the Initial Level• shares per N