加拿大丰业银行美股招股说明书(2025-11-21版)

$585,000 Contingent Coupon Notes with Memory Coupon Due November 20, 2028Linked to the Least Performing of the Common Stock of The Home Depot, Inc., the Common Stock of QUALCOMMIncorporated and the Common Stock of Tesla, Inc. General Any capitalized terms used but not defined in the following bullets have the meaning set forth under “Summary” in this pricing supplement. ￭The notes offered by this pricing supplement (the “Notes”) are unsubordinated and unsecured debt securities of The Bank ofNova Scotia (the “Bank”) and any payments on the Notes are subject to the credit risk of the Bank￭Payments on the Notes are based on the performance of the common stock of The Home Depot, Inc., the common stock ofQUALCOMM Incorporated and the common stock of Tesla, Inc. (each a “Reference Asset”), as described below￭If the Closing Value of each Reference Asset on any Contingent Coupon Observation Date (as specified in this pricingsupplement) is equal to or greater than its Contingent Coupon Barrier Value, the Notes will pay a Contingent Coupon (as specifiedunder “Summary” below) with respect to such date, plus any Unpaid Contingent Coupons (as defined below) that have accruedand have not already been paid on a previous Contingent Coupon Payment Date￭If the Closing Value of any Reference Asset on any Contingent Coupon Observation Date prior to the Final Valuation Date is lessthan its Contingent Coupon Barrier Value, the Contingent Coupon with respect to such Contingent Coupon Observation Date willnot be payable on the related Contingent Coupon Payment Date, will become an “Unpaid Contingent Coupon” and will be paid onthe next Contingent Coupon Payment Date on which a Contingent Coupon otherwise becomes payable (if one occurs)￭The Payment at Maturity will be based solely on the performance of the Reference Asset with the lowest percentage change (the“Least Performing Reference Asset”) from its Initial Value to its Final Value￭If the Final Value of the Least Performing Reference Asset is equal to or greater than its Barrier Value, you will receive thePrincipal Amount of your Notes on the Maturity Date, in addition to any Contingent Coupon due with respect to the Final ValuationDate and any accrued Unpaid Contingent Coupons that have not yet been paid￭If the Final Value of the Least Performing Reference Asset is less than its Barrier Value, you will suffer a loss on the Notes equalto the depreciation of the Least Performing Reference Asset and you may lose up to 100% of the Principal Amount￭The Notes do not guarantee interest and you may not receive any Contingent Coupons on the Notes￭The Strike Date was November 18, 2025, the Trade Date was November 19, 2025 and the Notes will settle on November 21,2025 and will have a term of approximately 3 years￭Minimum investment of $1,000 and integral multiples of $1,000 in excess thereof￭CUSIP / ISIN: 06419HEN0 / US06419HEN08￭See “Summary” beginning on page P-3 herein for additional information Investment in the Notes involves certain risks. You should refer to “Additional Risks” beginning on page P-10 herein and“Additional Risk Factors Specific to the Notes” beginning on page PS-6 of the accompanying product supplement and “RiskFactors”beginning on page S-2 of the accompanying prospectus supplement and on page 8 of the accompanyingprospectus. The initial estimated value of your Notes on the Trade Date was $940.05 per $1,000 Principal Amount, which is less than theOriginal Issue Price of your Notes listed below.See “Additional Information Regarding Estimated Value of the Notes” on thefollowing page and “Additional Risks — Risks Relating to Estimated Value and Liquidity” beginning on page P-12 of this document foradditional information. The actual value of your Notes at any time will reflect many factors and cannot be predicted with accuracy.Per NoteTotal Original Issue Price100.00%$585,000.00Underwriting commissions(1)0.00%$0.00Proceeds to The Bank of Nova Scotia100.00%$585,000.00 Neither the United States Securities and Exchange Commission (the “SEC”) nor any state securities commission has approved or disapproved of the Notes orpassed upon the accuracy or the adequacy of this pricing supplement, the accompanying product supplement, prospectus supplement or prospectus. Anyrepresentation 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 agency of Canada, the United States or any other jurisdiction. 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. Th